Who is eligible for Pradhan Mantri Awas Yojana?
Pradhan Mantri Awas Yojana Loan Scheme for MIG – 1
Income of the household per year Rs.12 lakh
Maximum tenure of the loan 20 years
Interest subsidy per year 4%
Eligible amount of loan for interest subsidy under CLSS (Credit Linked Subsidy Scheme) for MIG Rs.9 lakh
Maximum interest subsidy Rs.2.35 lakh
What is PMAY CLSS?
The Pradhan Mantri Awas Yojana (PMAY) Credit Linked Subsidy Scheme (CLSS) - 'Housing for All' is a home loan scheme launched by our honourable Prime Minister Shri Narendra Modi in the year 2015. ... They are provided interest subsidy on purchase/ construction/ extension/ improvement of their house.
Tag : awas yojna