What to Know Before Applying for PMAY Scheme?

Everyone wants to have own house, so to address that issue the Ministry of Housing and Urban Development has come up with a simple process of application for the Pradhan Mantri Awas Yojana (PMAY). There are several benefits of PMAY including its exclusive interest subsidy, can be availed easily. You can apply online by filling the two-page application form via the PMAY website or any lender website who offers the Pradhan Mantri Awas Yojana scheme and avail the benefits.

What are factors you should know?

Eligibility and Income Criteria:

To get the interest subsidy on Home Loans, you need to qualify under the PMAY scheme. You have to belong to any of these categories:

• Economically Weaker Section category (EWS), who have an annual household income of up to Rs.3 lakhs
• Lower Income Group category (LIG), who have an annual household income of Rs.3-6 lakhs
• Middle Income Group I category (MIG 1), those who have an annual household income of Rs.6 lakhs - 12 lakhs
• Middle Income Group II category (MIG II) with an annual household income of Rs.12 - 18 lakhs

Steps to Apply in a Citizen Service Centres:

• Log on to apnacsconline.in to find the nearest Citizen Service Centres (CSC)
• Enter your state, district or town, and block name from the drop-down menu
• Get a list of CSC centres that nearest to your location
• Select one of these centres online
• Verify their address and then visit

You will have to visit the centre to pay a fee of Rs.25. This completes the Pradhan Mantri Awas Yojana application form.

To know the other factors, read:

How to Apply for PMAY Scheme Online