If you meet the eligibility criteria, then you can visit the nearest HDFC Bank and apply for the Pradhan Mantri Awas Yojana (PMAY) scheme. PMAY is a government launched home loan scheme which aims to provide homes to all the people who are economically weak. The government aims to fulfil the mission by 2022. We will have a look at what the HDFC PMAY scheme offers in detail.
|BankType of CLSS scheme||EWS and LIG||MIG-I||MIG-II|
|Annual Income||Up to Rs.6 lakh||Rs.6.01 lakh- Rs.12.00 lakh||Rs. 12.01 lakh-18.00 lakh|
|Carpet Area||60sq m||160sq m||200sq m|
|Maximum loan amount on which subsidy will be calculated||Rs.6 lakh||Rs.9 lakh||Rs.12 lakh|
|Purpose for which loan is to be availed||Purchase, self-construction or extension a house||Purchase, self-construction or extension a house||Purchase, self-construction or extension a house|
|Validity of the scheme||31st March 2022||31st March 2021||31st March 2021|
|Maximum subsidy amount||Rs.2.67 lakh||Rs.2.35 lakh||Rs.2.30 lakh|
|Woman ownership||Yes||Not mandatory||Not mandatory|
The family must comprise of two spouses, and unmarried children to be eligible for PMAY scheme.
They can apply for this scheme separately.
The discount rate at which NPV will be calculated will be 9%.
You can apply for this scheme by visiting the nearest HDFC Bank along with all the necessary documents. A representative from the bank will help you with the process of applying for this home loan scheme. You can also avail the call back facility available on the HDFC website. A customer care executive will get in touch with you.
Yes, it is mandatory for you to have Aadhaar if you wish to apply for a PMAY home loan scheme.
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