Interest Subsidy Benefits

Interest Subsidy Benefits under Pradhan Mantri Awas Yojana

Credit Linked Subsidy Scheme (CLSS)Household Income (INR)Maximum Carpet Area***Purpose of LoanMaximum loan amount eligible for subsidy (INR)Maximum subsidy (INR)Interest subsidyTenure
EWS*0 – 3,00,00030 sqmHome purchase/
construction/improvement
6,00,0002.67 lac6.50%20 yrs
LIG*3,00,000 – 6,00,00060 sqmHome purchase/
construction/improvement
6,00,0002.67 lac6.50%20 yrs
MIG 1**6,00,000 – 12,00,000160 sqmHome purchase/
construction/improvement
9,00,0002.35 lac4.00%20 yrs
MIG 2**12,00,000 – 18,00,000200 sqmHome purchase/
construction/improvement
12,00,0002.30 lac3.00%20 yrs

**MIG – 1 & 2 loan should be approved on/or after 1-1-2017

  • Interest subsidy benefit is calculated on a NPV discount rate of 9%.

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