Pradhan Mantri Awas Yojana – Urban (PMAY-U)

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– For House Loans interest subsidy of up to 6.5%.

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– For senior citizens and differently-abled ground floor accommodation is compulsory

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Pradhan Mantri Awas Yojana – Urban (PMAY-U)

– For House Loans interest subsidy of up to 6.5%.

– There has no limit on the home loan amount or cost of the property.

– PMAY schemes can encourage women to be homeowners or co-applicant.

– Interest subsidy for PMAY home loans applies to a maximum loan tenure of 20 years or the loan tenure availed by the borrower, whichever is lower.

Benefits & Features

– For senior citizens and differently-abled ground floor accommodation is compulsory

– For house construction, it’s mandatory to use sustainable and eco-friendly materials.

– The Government of India grants Rs. 1 lakh per house for slum rehabilitation.

Benefits & Features

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