Pradhan Mantri Awas Yojana

PM Awas Yojana - Housing for All

Pradhan Mantri Awas Yojana (PMAY) is a scheme initiated by the Prime Minister of India. It aims to provide housing to all citizens of India by the year 2022. Under the scheme, they can apply for affordable yet quality homes with water connection, toilet facilities and 24x7 electricity supply. It's targeted to lower income groups (LIG) and economically weaker section (EWS) of our society.

EWS households having annual income up to Rs. 3 lakh are eligible under the scheme. Whereas, LIG households having annual income up to Rs. 6 lakh are eligible for obtaining loan under the scheme. Anyone who doesn't own a concrete house, in India, is eligible to apply for PM Awas Yojana.

PM Awas Yojana Homes

1 BHK Homes - Starting at Rs. 9.9 Lac
2 BHK Homes - Starting at Rs. 13.9 Lac
3 BHK Homes - Starting at Rs. 19.9 Lac
4 BHK Homes - Starting at Rs. 32 Lac

Eligibility Criteria Under Pradhan Mantri Awas Yojana

Minimum income requirement 15,000 per month.
Minimam documentation
Upto 90% Home Loan Available

Benefits of PM Awas Yojana

Interest subsidy at the rate of upto 6.5% P.A for loan amount of ? 6 Lacs for a maximum 15 years or actual term, whichever is lower.
Maximum subsidy amount 2.20 lacs (approx.)

Projects Location Under PM Awas Yojana