Home Loan under PMAY
Home Loan under PMAY https://www.fundstiger.com/pmay-home-loan/ Pradhan Mantri Awas Yojana (PMAY) Ministry of Housing and Urban Poverty Alleviation (MoHUPA) has introduced in June 2015, an interest subsidy scheme called Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (URBAN)-Housing for All, for purchase/construction/extension/improvement of house to cater Economical Weaker Section (EWS)/Lower Income Group (LIG)/Middle Income Group (MIG), given the projected growth of urbanization & the consequent housing demands in India. The PMAY mission has four distinct components namely, In-situ Slum Redevelopment with private sector participation using land as a resource, Affordable Housing through Credit Linked Subsidy, Affordable Housing in Partnership with private and public sector and Beneficiary led house construction/enhancement. The central government will provide assistance in the range of ₹100,000 to ₹230,000 under these components. Features of PMAY...