Good news for home or flat buyers! Benefit of PM Awas Yojana before 31st March 2021.
The Central Government is waiving interest under the Credit Linked Subsidy Scheme (CLSS) under the PM Awas Yojana. Notably, the government is going to extend the duration of the scheme for one year. The announcement could be made in the budget to be released in February.
The scheme is currently till March 31, 2021.They will save millions of rupees in the form of interest.
The scheme will benefit millions of people
Under this scheme, interest subsidy on a home loan is provided to first time home buyers. According to sources, the meeting on budget preparation agreed in principle that in view of the area of crisis, it was necessary to extend the duration of the scheme to benefit the younger as well as the real sector. What is PM Housing Scheme?
Notably, the Pradhan Mantri Awas Yojana is a scheme launched by the Government of India to provide affordable housing to people in urban and rural areas. Under it, first time home buyers are given CLSS or credit-linked subsidy. This is a scheme sponsored by the Central Government. It can be availed till March 31, 2021. Good news for home or flat buyers this is superb news for them also.
How can I check PMAY status?
If you are existing applicant of PMAY And Want to Track your application status, Here’s our step-by-step guides
Step 1: Log on to official web of the PMAY – www.pmaymis.gov.in. ……
Step 3: Select the ‘Track Your Assessment’ status from the menus.
Check your name like this
First go to rhreporting.nic.in/netiay/Benificiary.aspx website. .
FOR MIG PMAY HOME LOAN BANK LISTS..Click here
If you do not have a registration number, click on Advanced Search.
Fill out the form. Click Search.
If the name is available in the PMAY Glist, all the relevant details will be seen.
Subsidy to which class of people in which class
EWS section 6.5 percent subsidy for people with an annual income of up to Rs 3 lakh
Credit link subsidy of up to 4 percent MIG1 to people with an annual income of Rs 6 lakh to Rs 12 lakh
People with an annual income of Rs 12 lakh to Rs 18 lakh get the benefit of subsidy in MIG2 section 3% credit link subsidy.
This will benefit
– There should not be a pucca building. Do not apply under PMAY if already.
– No government housing scheme benefit.