Pradhan Mantri Awas Yojana (PMAY), Read Benefits
Home loan subsidy of Rs. 2,67,000, Insights of PMAY Scheme, Check Eligibility
Pradhan Mantri Awas Yojana: One of the most popular Government schemes is Pradhan Mantri Awas Yojana (PMAY). Honourable prime minister Mr. Narendra Modi announced with a vision of providing home to all at affordable rate. PMAY is also one of the most successful Government initiatives. Initially the PMAY scheme was launched on 25 June 2015 with a target of completing the mission till 2022. The Government has further extended the scheme till 31 December 2024 on demand of states and territories.
What is the PMAY scheme all about?
PM Awas Yojana, basically covers urban areas in India which includes 4341 towns. The PMAY scheme gives priority to 500 class-I cities. PM Awas Yojana Scheme, provides beneficiaries PMAY interest rate subsidy at 6.50% p.a. for 20 years of loan period. PMAY -U, mainly focuses on Middle Income Groups (MIG), Low Income Groups (LIG) and Economically weaker sections (EWS).
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Check in which group you belong to avail benefit of PM Awas Yojana
| Beneficiary | Annual Income |
| Middle Income Group I (MIG I) | Rs.6 lakh to Rs.12 lakh |
| Middle Income Group I (MIG II) | Rs.12 lakh to Rs.18 lakh |
| Lower Income Group (LIG) | Rs.3 lakh to Rs.6 lakh |
| Economically Weaker Section (EWS) | Up to Rs.3 lakh |
Also, SC, ST, OBC categories and women belonging to EWS and LIG income groups are also eligible to get the benefit of Pradhan Mantri Awas Yojana.
Category wise Benefits of Pradhan Mantri Awas Yojana
| Particulars | EWS | LIG | MIG I | MIG II |
| Housing Loan Interest Subsidy | Up to Rs. 6.00 Lakhs | Up to Rs. 6.00 Lakhs | Up to Rs. 9.00 Lakhs | Up to Rs. 12.00 Lakhs |
| Loan Term | 20 Years | 20 Years | 20 Years | 20 Years |
| Carpet Area | Up to 30 Sq. M. | Up to 60 Sq. M. | Up to 160 Sq. M. | Up to 200 Sq. M. |
| Amount Paid in Lump Payment | Rs. 3000/- | Rs. 3000/- | Rs. 2000/- | Rs. 2000/- |
| Map Approval | Compulsory | Compulsory | Compulsory | Compulsory |
| Income Proof | Affidavit | Affidavit | Self-declaration | Self-declaration |
| Maximum Subsidy | Rs. 2,67,280/- | Rs. 2,67,280/- | Rs. 2,35,068/- | Rs. 2,30,156/- |
Calculate PMAY subsidy amount on official link of government.
Type of PMAY Scheme –
The scheme is divided into two categories. i.e. Pradhan Mantri Awas Yojana Gramin and Pradhan Mantri Awas Yojana Urban.
1. Pradhan Mantri Awas Yojana Gramin –
PM Awas Yojana was previously known as the Indira Awas Yojana which was renamed as PMAY – G in 2016. Delhi and Chandigarh are not covered under this Government scheme. The scheme mainly focuses on rural area affordable housing. Under PM Awas Yojana Gramin scheme, the Central Government and state government share the cost of house development. In plain regions the sharing is 60:40 and North-eastern and hilly areas it is 90:10 respectively. After development of housing units and identification of beneficiaries, the government hands over the unit to selected beneficiaries.
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2. Pradhan Mantri Awas Yojana Urban –
PM Awas Yojana Urban is designed to focus on Urban Area affordable housing. The scheme is launched in 3 phases till now which are April 2015 to March 2017, April 2017 to March 2019 and April 2019 to Dec 2024.
Pradhan Mantri Awas Yojana eligibility and process –
PMAY Eligibility – The government uses “The Socio Economic and Caste Census of 2011” to identify and select beneficiaries. However, Village Panchayat and Tehsils give their suggestions and views before finalization of beneficiary list.
PM Awas Yojana Process – Once a customer applies for a PMAY home loan under the PM Awas scheme, the application will be sent to the Nodal Agency by bank or Financial Institutions. The Nodal Agency will check eligibility of the application. If there is no discrepancy or doubt, the application will be forwarded to the National Housing Bank to release the subsidy. The lender will receive the PMAY subsidy amount from National Housing Bank and will credit directly to the loan account of the borrower. It takes around 3-4 months to complete the process and get the PMAY subsidy amount.
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How apply for the scheme online –
The government has provided an PMAY online portal or platform, https://pmaymis.gov.in. The user has to enter his/ her Adhar number to start a PMAY application under the PM Awas scheme. The portal also provides beneficiary list which are finalized for PMAY subsidy. Also, a user can check the status of the application on this portal.
How to contact for more information –
If you need to get further information about your application and scheme related questions, you can contact on toll free number issued by government of India, which are –
| Entity | Toll Free Number |
| PMAY Urban Housing and Urban Development Corporation (HUDCO) | 1800 -11-6163 |
| PMAY Urban National Housing Bank (NHB) | 1800-11-3388 |
| PMAY Urban National Housing Bank (NHB) | 1800-11-3377 |
| PMAY Gramin | 1800-11-6446 |
List of Nodal Agencies in various states zone wise:
Eastern States:
| State/UT | Organization Name | Address and Email |
| Arunachal Pradesh | Government of Arunachal Pradesh | Department of Urban Development and Housing, Mob-II, ItanagarEmail: chiefengineercumdir2009@yahoo.com,cecumdirector@udarunachal.in |
| Assam | Government of Assam | Block A, Room no. 219, Assam Secretariat, Dispur, Guwahati – 781006Email: directorcpassam@gmail.com |
| Bihar | Government of Bihar | Urban Development and Housing Department, Vikas Bhawan, Bailey Road, New Secretariat, Patna, Bihar – 15Email: sltcraybihar@gmail.com |
| Jharkhand | Urban Development Department | 3rd floor, Room No: 326, FFP Building, Dhurwa, Ranchi, Jharkhand – 834004Email: jhsltcray@gmail.com,director.ma.goj@gmail.com |
| Manipur | Government of Manipur | Town Planning Department, Government of Manipur, Directorate Complex, North AOC, Imphal – 795001Email: hfamanipur@gmail.com,tpmanipur@gmail.com |
| Meghalaya | Government of Meghalaya | Town Planning Department, Government of Manipur, Directorate Complex, North AOC, Imphal – 795001Email: hfamanipur@gmail.com,tpmanipur@gmail.com |
| Mizoram | Urban Development & Poverty Alleviation, Government of Mizoram | Directorate of Urban Development and Poverty Alleviation, Thakthing Tlang, Aizawl, Mizoram – 796005Email: hvlzara@gmail.com |
| Nagaland | Government of Nagaland | Municipal Affairs cell, A.G. Colony, Kohima – 797001Email: zanbe07@yahoo.in |
| Odisha | Housing and Urban Development (H&UD) Department | 1st Floor, State Secretariat, Annex – B, Bhubaneswar – 751001Email: ouhmodisha@gmail.com |
| Sikkim | Government of Sikkim | Department of Urban Development and Housing, Government of Sikkim, NH 31A, Gangtok – 737102Email: gurungdinker@gmail.com |
| Tripura | Government of Tripura | Directorate Of Urban Development, Government of Tripura, Pandit Nehru Complex, Gorakha Basti, 3rd Floor, Khadya Bhawan, Agartala – 799006Email: sipmiutripura@gmail.com |
| West Bengal | State Urban Development Authority | ILGUS Bhavan, Block HC Block, Sector 3, Bidhannagar, Kolkata – 700106Email: wbsuda.hfa@gmail.com |
Western States
| State/UT | Organization Name | Address and Email |
| Dadra and Nagar Haveli, and Daman and Diu | Union Territory of Dadra and Nagar Haveli, and Daman and Diu | Secretariat, Silvassa – 396220Email: devcom-dd@nic.in |
| Dadra and Nagar Haveli | Union Territory of Dadra and Nagar Haveli | Secretariat, Silvassa – 396220Email: pp_parmar@yahoo.com |
| Goa | Government of Goa | GSUDA, 6th Floor, Shram Shakti Bhavan, Patto – PanajiEmail: gsuda.gsuda@yahoo.com |
| Gujarat | Government of Gujarat | Affordable Housing Mission, New Sachivalaya, Block No. 14/7, 7th floor, Gandhinagar – 382010Email: gujarat.ahm@gmail.com,mis.ahm2014@gmail.com |
| Maharashtra | Government of Maharashtra | Griha Nirman Bhawan, 4th Floor, Kalanagar, Bandra (East), Mumbai – 400051Email: mhdirhfa@gmail.com,cemhadapmay@gmail.com |
| Rajasthan | Rajasthan Urban Drinking Water, Sewerage & Infrastructure Corporation Ltd (RUDSICO) | 4-SA-24, Jawahar Nagar, Jaipur, RajasthanEmail: hfarajasthan2015@gmail.com |
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Southern States:
| State/UT | Organisation Name | Address and Email |
| Andhra Pradesh | Andhra Pradesh State Housing Corporation Limited | Andhra Pradesh State Housing Corporation Limited, Himayat Nagar, Hyderabad – 500029Email: apshcl.ed@gmail.com |
| Andhra Pradesh | Andhra Pradesh Township Infrastructure Development Corporation Limited | Flat number 502, Vijaya Lakshmi Residency, Gunadala, Vijayawada – 520004Email: aptsidco@gmail.com,mdswachchandhra@gmail.com |
| Kerala | State Poverty Eradication Mission | TRIDA Building, Jn. Medical College, PO ThiruvananthapuramEmail: uhmkerala@gmail.com |
| Puducherry | Government of Puducherry | Town & Country Planning Deptt. Jawahar Nagar Boomianpet Puducherry – 605005Email: tcppondy@gmail.com |
| Tamil Nadu | Government of Tamil Nadu | Tamil Nadu Slum Clearance Board, No.5 Kamarajar Salai, Chennai, Tamil Nadu – 600005Email: raytnscb@gmail.com |
| Telangana | Government of Telangana | Commissioner and Director of Municipal Administration, 3rd Floor, AC Guards Public Health, Lakdikapool, HyderabadEmail: tsmepma@gmail.com |
| Karnataka | Government of Karnataka | 9th Floor, Vishweshwaraiah Towers, Dr.Ambedkar Veedhi, Bangalore – 560001Email: dmaray2012@gmail.com |
Northern and Central States:
| State/UT | Organisation Name | Address and Email |
| Chandigarh | Chandigarh Housing Board | Sector 9-D, Chandigarh – 160017Email: chb_chd@yahoo.com,infor@chb.co.in |
| Chhattisgarh | Government of Chhattisgarh | Mahanadi Bhawan Mantralaya, Room No. S-1/4, Naya Raipur, ChhattisgarhEmail: pmay.cg@gmail.com |
| Haryana | State Urban Development Agency | Bays-11-14, Palika Bhawan, Sector-4, Panchkula, Haryana – 134112Email: suda.haryana@yahoo.co.in |
| Himachal Pradesh | Directorate of Urban Development | Palika Bhawan, Talland, ShimlaEmail: ud-hp@nic.in |
| Jammu and Kashmir | Jammu and Kashmir Housing Board | Email: Jkhousingboard@yahoo.com,raysltcjkhb@gmail.com |
| Madhya Pradesh | Urban Administration and Development, GoMP | Palika Bhawan, Shivaji Nagar, Bhopal – 462016Email: addlcommuad@mpurban.gov.in,mohit.bundas@mpurban.gov.in |
| Punjab | Punjab Urban Development Authority | PUDA Bhawan, Sector 62, SAS Nagar, Mohali, PunjabEmail: office@puda.gov.in,ca@puda.gov.in |
| Uttarakhand | Directorate of Urban Development | State Urban Development Authority 85A, Motharawala Road, Ajabpur Kalan, DehradunEmail: pmayurbanuk@gmail.com |
| Uttar Pradesh | State Urban Development Agency (SUDA) | Navchetana Kendra, 10, Ashok Marg, Lucknow – 226002Email: hfaup1@gmail.com |
Conclusion
When you decide to avail a housing loan, such schemes of the government are very useful. If you are eligible to get benefit of this scheme, you can have direct monetary benefit up to Rs. 2.35 Lakhs. The process is a little lengthy but everything moves online which makes it convenient to the lender as well as the borrower. The scheme is designed to cater rural as well as urban areas, hence people in any part of India can avail benefit of the scheme.
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