PMAY – Pradhan Mantri Awas Yojana – Credit Linked Subsidy Scheme

*The scheme is discontinued as per the instructions received from Ministry of Housing & Urban Affairs

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.

The interest subsidy scheme CLSS (Credit Linked Subsidy Scheme) introduced by MoHUPA (Ministry of Housing & Urban Poverty Alleviation) was announced by our honorable 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.

Salient features of scheme:

  • Interest subsidy benefit is calculated for 20 years
  • Benefits available for the first property purchase
  • Applicants should be of immediate family including self, spouse and unmarried children only
  • Women Ownership is mandatory under EWS & LIG category for purchase of a new house

Benefits of PNB Housing

  • Robust service delivery model – doorstep services ensuring easy & fast approval and disbursal of loans
  • Pan India branch network and 29 years of commitment towards customer satisfaction
  • No prepayment or foreclosure charges on Home Loan*
  • Home loan up to 90%* of the property value
  • Customized eligibility program to work out your loan amount

For more details on the scheme please refer or
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