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17 -PRADHAN MANTRI AWAS YOJANA (PMAY) - KEY HIGHLIGHTS
Scheme Details
Beneficiaries seeking housing loans for acquisition/ construction of houses
(including re-purchase) will be eligible for an interest subsidy for a single house with
the following features:
Details LIG MIG 1 MIG 2
Eligible Household Annu- Upto `6,00,000 ` 6,00,001 to ` 12,00,001 to
al Income ( `) ` 12,00,000 ` 18,00,000
Carpet Area-Max (sq.ft) 646 sq ft. 1722 sq ft. 2153 sq ft.
Interest Subsidy (%) 6.50% 4.00% 3.00%
Max Tenure (Yrs) 20 20 20
Subsidy calculated on a
max loan of `6,00,000 ` 9,00,000 ` 12,00,000
Validity of scheme 31-03-2022 31-03-2019 31-03-2019
Max Subsidy ( `) `2.67 Lacs `2.35 Lacs `2.30 Lacs
Woman Ownership Yes. (Except Not Mandatory Not Mandatory
Construction/extension)
KYC Aadhaar & PAN Aadhaar & PAN Aadhaar & PAN
Subvention schemes and other existing schemes are also applicable for PMAY cases.
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