A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Pradhan Mantri Awaas Yojana Gramin (PMAYG)

    What is PMAYG?

    The Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) was introduced with the view to boost the "Housing for All" scheme. The central government came up with the vision to fulfil the ‘Hosuing for All’ scheme by the year 2022.

    The main aim of the PMAY-G scheme is to provide pucca house with some of the basic amenities. This scheme is meant for people who do not own a house and people who live in kutcha houses or houses which are severely damaged. At present, the minimum size of the houses to be built under the PMAY-G scheme has been increased to 25 sq. mt. from 20 sq. mt.

    For Urban Area Learn:PMAY Urban

    PMAYG Official Details
    Official Website pmayg.nic.in / iay.nic.in
    Toll Free Number 1800-11-6446 / 1800-11-8111
    Complaints or Suggestion support-pmayg@gov.in / helpdesk-pfms@gov.in
    PMAYG Beneficiary Registration Guide Click to Download Manual
    State Wise Contact Person Details PMAYG Implementation Officials
    PMAY-G App  Android and IOs

    PMAYG Subsidy Scheme

    Under the scheme, beneficiaries can avail a loan of up to Rs.70,000 from financial institutions.

    • Interest subsidy is 3%
    • The maximum principal amount for the subsidy is Rs.2 lakh
    • The maximum amount of subsidy that can be availed is Rs.38,359 for the EMI payable

    Features of PMAYG Scheme

    The salient features of the PMAYG scheme are as follows:

    • The cost of the unit will be shared in a 60:40 ratio between the Central and State governments in plain areas, i.e., Rs.1.20 lakh of assistance for each unit.
    • In the Himalayan states, northeastern states, and the Union Territory (UT) of Jammu & Kashmir, the ratio is 90:10 with up to Rs.1.30 lakh of assistance for each unit.
    • 100% financing from the Centre for Union Territories including the UT of Ladakh.
    • Beneficiaries are provided Rs.90.95 per day of unskilled labor from MGNREGS.
    •  Beneficiaries are identified using parameters from Socio Economic and Caste Census (SECC) and verified by Gram Sabhas.
    • Assistance for construction of toilets of up to Rs.12,000 to be provided under Swacch Bharat Mission-Gramin (SBM-G) in collaboration with MGNREGS or other schemes.
    • Payments are made electronically directly to bank accounts or post office accounts that are linked to Aadhaar.

    PMAYG Eligibility Requirements

    • The following are the eligibility criteria, which include specific deprivation scores and different priority lists:
    • Houseless families
    • Families with houses having zero, one, or two rooms with a kutcha wall and kutcha roof.
    • Households without a literate adult above 25 years of age.
    • Households without an adult male member aged between 16 and 59 years of age.
    • Households without any adult member between 16 and 59 years of age.
    • Households without any able-bodied members and with a disabled member.
    • Landless households who derive income from casual labour.
    • Scheduled Caste, Scheduled Tribe, Others, and Minorities.

    Factors that will exclude Beneficiaries from PMAY Gramin Scheme

    • Candidates that have a motorised two wheeler, three wheeler, four wheeler and agriculture equipment or fishing boat.
    • Candidates that have a Kisan Credit Card (KCC) with a limit greater or equal to Rs.50,000
    • Any household that has at least one member that is employed with the government or earning more than Rs. 10,000 per month.
    • Any person that pays income tax, professional tax or owns a refrigerator or landline phone connection.

    Documents Required to Apply for PMAYG

    These are some of the documents or details required to apply for the PMAYG scheme:

    • Aadhaar number
    • Consent document to use Aadhaar on behalf of the beneficiary
    • MGNREGA-registered beneficiary job card number
    • Swachh Bharat Mission (SBM) number of the beneficiary
    • Bank account details

    How to Apply/Register/Add PMAYG Beneficiary

    There are four sections to the beneficiary registration process, which are:

    • Personal details
    • Bank account details
    • Convergence details
    • Details from the concerned office
    To successfully register or add the beneficiary, follow the steps given below:
    PMAYG Registration Page
    1. Visit the official website for login PMAYG.
    2. Fill in the details required in the personal details section (such as gender, mobile number, Aadhaar number, etc.)
    3. Upload the consent form required to use the Aadhaar number
    4. Click on the search button to find the beneficiary name, PMAY ID, and priority.
    5.  Click on ‘'Select to Register’'.
    6. The beneficiary details will be automatically generated and displayed.
    7. The remaining beneficiary details can now be filled in, such as ownership type, relation, Aadhaar number, etc.
    8. Upload the consent form required to use the Aadhaar number on behalf of the beneficiary
    9. In the next section, add the beneficiary account details in the required fields, such as beneficiary name, bank account number, etc.
    10. If the beneficiary wants to avail a loan, select ‘'Yes’' and enter the required loan amount.
    11. In the next section, enter the MGNREGA job card number and Swachh Bharat Mission (SBM) number of the beneficiary
    12. The next section will be filled in by the concerned office

    PMAY Beneficiary Registration Guide

    Beneficiary List for PMAY-G / iay.nic.in Reports

    The beneficiaries under the PMAY-G scheme is selected by the government using a process that makes use of the Socio Economic Caste Census of 2011 (SECC). The process of selecting the beneficiaries is as follows:

    • The SECC will be made use of to make a list of the beneficiaries
    • These beneficiaries will then be prioritized
    • Subsequently, the list will be sent to Gram Sabhas to verify the list
    • Once verified, a final list will be created and published
    • Lastly, the annual lists will be created
    The latest PMAYG reports, as of 7 July 2020, are given below:
    State Name 2017-2018 2018-2019 2019-2020
    Arunachal Pradesh 85 747 383
    Assam 163918 84430 19585
    Bihar 715571 418016 77207
    Chhattisgarh 341439 34588 533
    Goa 28 187 44
    Gujarat 84437 35684 11913
    Haryana 7201 6686 852
    Himachal Pradesh 3151 447 73
    Jammu and Kashmir 14919 5610 883
    Jharkhand 284463 167186 28747
    Kerala 15640 876 79
    Madhya Pradesh 705949 275502 29577
    Maharashtra 230198 95285 24250
    Manipur 7663 1151 33
    Meghalaya 12347 5371 252
    Mizoram 925 997 17
    Nagaland 17 3687 332
    Odisha 409472 361516 34233
    Punjab 12794 410 54
    Rajasthan 335892 169300 38890
    Sikkim 863 43 2
    Tamil Nadu 122839 52862 8058
    Tripura 22754 7116 2067
    Uttar Pradesh 429915 174191 6387
    Uttarakhand 5971 192 4
    West Bengal 742391 286398 130908
    Andaman and Nicobar 1 286 26
    Dadra and Nagar Haveli 197 221 0
    Daman and Diu 7 0 0
    Lakshadweep 0 9 13
    Puducherry 0 0 0
    Andhra Pradesh 18679 5 0
    Karnataka 43764 7085 169
    Telangana 0 0 0

    PMAYG FAQ

    1. How to Get a Home Loan in Rural Area Under PMAYG Scheme?

      You can apply for a home loan in a rural area under the PMAYG scheme through online and offline methods. To apply online, you need to visit the official website of the Pradhan Mantri Awas Yojana, fill in your details, download the application form, print it out, and submit it at the Common Service Centre (CSC) Office and bank along with your supporting documents. You can also alternatively visit the Common Service Center directly or a bank that is listed under the PMAY scheme.

    2. How to Check my Name in PMAY Gramin List 2021?

      After you have submitted your application for the PMAY Gramin list, you can check if your name has been included in the beneficiary list by checking on the official website of the Pradhan Mantri Awas Yojana under the option for ‘'Citizen Assessment’' and then ‘'Track Your Assessment Status’'. For more detailed steps, refer how to check PMAY list.

    3. How to Check PMAYG Application Status?

      You can easily check your PMAYG application status online on the official website of the Pradhan Mantri Awas Yojana. You can track the status of your application either by entering your assessment ID or using your name, mobile number, and father’s name. You can check out the detailed step-by-step procedure for checking your PMAYG application status, complete with screenshots for a better understanding,

    4. Can I Avail PMAY Subsidy on Existing Home Loan?

      The PMAY subsidy can only be claimed for new home loans, so existing home loans are not eligible for it. However, if you are going to apply for a new home loan and the PMAY subsidy, you can calculate exactly how much your subsidy amount will be and how much you will save by using the PMAY subsidy calculator.

    5. What is PMAGY (Pradhan Mantri Adarsh Gramin Yojana)?

      PMAGY, or Pradhan Mantri Adarsh Gramin Yojana, aims at providing villages with a population of 50% and above a holistic and comprehensive development program. This will be achieved through the synchronisation of state/UT and central government programs.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.