Who is eligible for a 2.67 lakh subsidy for availing the PMAY home loan subsidy?

The affordable housing scheme eligibility under the Pradhan Mantri Awas Yojana (PMAY) is a gateway to homeownership for numerous Indian citizens. Designed to make housing affordable, eligible beneficiaries can receive up to a 2.67 lakh subsidy on home loan. This initiative aims to provide financial assistance to the economically weaker sections, low-income groups, and middle-income groups, enabling them to have their own homes without the overwhelming financial burden.

Criteria for Affordable Housing Scheme Eligibility

To qualify for the affordable housing scheme eligibility, applicants must meet certain criteria:

• They must belong to specific income groups, such as the Economically Weaker Section (EWS), Low Income Group (LIG), or Middle Income Groups (MIG-I and MIG-II).

• The family must not own a pucca house in any part of India prior to application.

• The applicant family must comprise a husband, wife, and unmarried children.

Bajaj Finserv Home Loan and Its Alignment with PMAY

Bajaj Finserv Home Loan aligns with these initiatives by providing tailored loan offerings to suit various customer needs.

Features of Bajaj Finserv Home Loan

Some prominent features of the Bajaj Finserv Home Loan include:

• Competitive interest rates

• Flexible repayment options up to 30 years

• High loan amount eligibility based on individual profiles

These home loans are designed to enhance financial accessibility and convenience for borrowers, ensuring a smoother journey towards homeownership.

Additional Info: Download the Bajaj Finserv App for easy access to financial services. Check device compatibility and terms for a smooth experience.

How to Apply for Bajaj Finserv Home Loan

Applying for a Bajaj Finserv Home Loan is straightforward.

Steps to Apply

• Visit the Bajaj Finserv Home Loan website to check eligibility.

• Use the EMI calculator for financial planning.

• Submit an online application.

The portal is user-friendly and provides clear guidance through each step of the application process, from document submission to final approval.

Why Choose Bajaj Finserv for Home Loans?

Choosing Bajaj Finserv not only helps potential homeowners leverage the 2.67 lakh subsidy on home loans but also offers a seamless experience with dedicated customer service and robust financial support.

Embrace the Bajaj Finserv Home Loan offerings to transform your homeownership aspirations into reality.