According to sources, the ministry has been working on a proposal to extend the coverage of the scheme after receiving buyer complaints related to non-authorisation of home loan applications by banks under Credit Linked Subsidy Scheme (CLSS) in some areas of the approved 100-city list. CLSS is an interest subsidy scheme under PMAY related to.

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The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under pradhan mantri (pm) awas yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the benefit of Rs 2.6 lakh subsidy will be available till March 2019.

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All middle-class homebuyers with annual incomes of above Rs 6 lakh and up to Rs 18 lakh per year will be eligible for receiving interest subsidy on housing loans taken in 2017 Not only poor, but the middle class is also on top of our PM’s agenda.

To address this issue the government of India has taken a major step towards launching Pradhan Mantri Awas Yojana PMAY or housing for all scheme. This scheme will ensure that people will get a house based on their financial capacity. In this post, we will learn about Pradhan Mantri Awas Yojana (PMAY) and Subsidy Loan applicable under this scheme.

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Our honourable prime minister shri narendra modi, recently shared his vision of housing for all by the year 2022, through the "Credit Linked Subsidy Scheme" (CLSS) under Pradhan Mantri Awas Yojana (PMAY). We at ICICI Bank are pround to offer the "Credit Linked Subsidy Scheme" under Pradhan Mantri Awas Yojana.

Home loan EMIs under Pradhan Mantri Awas Yojana for middle-income groups: Eligibility, interest, preference to women. The total interest subsidy to be paid under MIG group for loan up to Rs 9.

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MUMBAI: The Centre has decided to extend the timeline for availing interest subsidy of around Rs 2.6 lakh on home loans under the Pradhan Mantri Awas Yojana (Urban) by the middle income groups.

Pradhan Mantri awas yojana housing scheme For All – ICIC Bank offers Credit Linked Subsidy Scheme (CLSS) on home loans for all urbans, Lower (EWS/LIG) & Middle Income Group (MIG – I & II) families under Pradhan Mantri Awas Yojana.