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Pradhan Mantri Awas Yojana – The interest subsidy scheme CLSS (Credit Linked Subsidy Scheme) introduced by MHUPA (Ministry of Housing & Urban Poverty Alleviation) was announced by our honourable Prime Minister Sh. Narendra Modi with a vision of housing for all in 2022.
Under PMAY scheme, Customer (i.e. the beneficiary) is eligible to avail interest subsidy on the purchase/construction/enhancement of a house.
PNB Housing Finance offers “Credit Linked Subsidy scheme (CLSS)” for EWS (Economical Weaker Section), LIG (Lower Income Group), MIG (Middle Income Group) categories under Pradhan Mantri Awas Yojana.
Enjoy interest subsidy of 6.50% p.a for loan amount upto 12 lakhs. Save upto INR 2.67* lakhs with an effective rate as low as 2.63*% p.a.
Must Read: Features and Benefits of Pradhan Mantri Awas Yojana
Salient features of scheme:
Watch this video for more insight on PMAY scheme.
For Hindi translation – https://youtu.be/pPGICjPFx7o
For Tamil translation – https://youtu.be/7AqOtHoCdHU
Advantage of taking Home loan with PNB Housing
For more details on the scheme please refer www.mhupa.gov.in
Must Read: What is the Last Date of Pradhan Mantri Awas Yojana (PMAY) Scheme
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