Middle-class home buyers get clarity to avail loan subsidy under Pradhan Mantri Awas Yojna – ET RealEstate


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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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    The answer is – "Yes"! Any home loan account holder, who has bought the home / constructed on or after 25th June 2015, coming under LIG/EWS Category can avail the benefits of the CLSS-PMAY subsidy scheme. Similarly, any home loan account holder, c.

    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.

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