PMAY   Calculator

₹ 9,00,000
₹ 8,00,000
72 Month
₹
₹ 1 k ₹ 9 L
₹
₹ 1 L ₹ 25 L
Month
21 Month 144 Month

Is this your First Pucca House?

Is Woman Ownership present in the property under consideration?

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Category

Total Subsidy Amount ₹565,796

Annual Subsidy Amount ₹565,796

Disclaimer

This calculation is for illustrative purposes only. The results generated by the PMAY - 2.0 Calculator are entirely based on the data provided by the user. Users are advised not to alter the tool or its underlying logic to influence the outcome. PNB Housing Finance shall not be liable for any inaccuracies, inconsistencies, or misleading results arising from such modifications or from the entry of incorrect information. For a dependable estimate, please ensure that all inputs are accurate and complete. Users are encouraged to contact a PNB Housing representative to obtain an official quote.

Transforming Affordable Housing in India 

Pradhan Mantri Awas Yojana (PMAY 2.0)

A visionary step towards "Housing for All," the Pradhan Mantri Awas Yojana (PMAY) 2.0 focuses on urban and rural housing needs through enhanced financial support, expanded coverage, and innovative schemes. With increased financial support, wider coverage, and innovative schemes, it empowers:

  • Economically Weaker Sections (EWS)
  • Low-Income Groups (LIG)
  • Middle-Income Groups (MIG)
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Advantages of PMAY 2.0

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Interest Subsidy Up to ₹1.8 Lakh
Save big on EMIs and make your home loan more affordable.
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Home Buying, Building & Renting Made Easy
Support for home purchase, construction, improvement, and eco-friendly building materials.
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Priority for Marginalized Groups
Special provisions for widows, senior citizens, transgender individuals, and SC/ST families.
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Low-Cost Rentals for Migrants & Workers
Affordable rental options for urban migrants, students, and working women.
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Rewards for Green Construction
Builders using sustainable technology can receive Technology Innovation Grants (TIG).
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Better Community Living
All homes come with water, electricity, and sanitation as standard amenities.
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Empowering Women Through Ownership
Homes are registered in the name of the female head of the household, promoting gender equality and financial independence.

Pradhan Mantri Awas Yojana (PMAY 2.0)

Targeted Groups

Urban (PMAY-U)

Economically Weaker Sections (EWS), Low-Income Groups (LIG), and Middle-Income Groups (MIG)

Rural (PMAY-G)

Families without pucca houses or living in kutcha/dilapidated houses

Eligibility

  • EWS – Annual income up to ₹3 lakhs.
  • LIG – Annual income between ₹3-6 lakhs.
  • MIG – Annual income between ₹6-9 lakhs.
  • The family must not own a pucca house anywhere in India
  • The houses constructed/ acquired/purchased under the Scheme should be in the name of the female head of the household or in the joint name of the male head of the household and his wife and only in cases when there is no adult female member in the family, the house can be in the name of male member of the household

PMAY 2.0


PNB Housing Finance is a trusted PMAY 2.0 partner, offering:

  • Expert guidance on eligibility
  • Quick loan approvals
  • Attractive interest rates

PMAY 2.0 is a game-changing initiative that brings affordability, inclusivity, and sustainability together to solve India’s housing needs. Whether you’re looking to buy, build, rent, or improve a home — this is your opportunity to take the first step toward secure, dignified homeownership.

Apply Now Secure Your Home. Build Your Future.

For further details, visit:


Frequently Asked Questions

How is the PMAY subsidy calculated?

The PMAY subsidy is calculated as the Net Present Value of the interest benefit on the eligible loan amount, using a standard discount rate of about 9 percent. The subsidy varies by income group and loan slab and can go up to a maximum of 1.8 lakh for qualified applicants. The approved amount is credited upfront to reduce the loan principal and EMI.

How can I use the PMAY calculator to check my eligibility?

To use the PMAY calculator for checking eligibility:

  • Enter family income.

  • Confirm if you own a pucca house.

  • Add loan amount, tenure, and carpet area.

  • The tool indicates whether you qualify under PMAY 2.0 rules.

Is the PMAY subsidy applicable for properties in rural areas?

Yes. PMAY offers support for both urban and rural housing. Rural benefits fall under PMAY-G, which covers families without a pucca home or living in kutcha or dilapidated houses. PNB Housing does not provide loans under PMAY G. Our subsidy support is available only under the PMAY-U scheme for eligible urban households. PMAY-G is a separate rural housing programme, and customers seeking benefits under that scheme must apply through the designated rural authorities.

How can I get the full PMAY subsidy for my home loan?

You can get the full PMAY subsidy by meeting the income group requirements for EWS, LIG, or MIG and ensuring you are a first-time homeowner who has not received any previous government housing benefit. Apply through a PMAY approved lender or the official portal and submit documents such as Aadhaar, proof of income, and property papers. Once approved, the subsidy is credited upfront to your loan account and reduces your principal.