The CLSS or Credit Linked Subsidy Scheme under PMAY (Pradhan Mantri Awas Yojana) has been introduced by MoHUPA or the Ministry of Housing and Urban Poverty Alleviation for construction, purchase, extension, and improvement of homes owned by individuals belonging to MIG (Middle Income Group) 1 & 2, Low Income Group (LIG), and Economically Weaker Section (EWS).
Pradhan Mantri Awas Yojana (PMAY)
The beneficiary family consists of the wife, husband, and single children. An adult who is earning and independent can be considered as a separate household irrespective of his/her marital status. This is applicable for the MIG (Middle Income Group) category. All the statutory towns according to the census of 2011 including the planning area are covered under Pradhan Mantri Awas Yojana in Kolkata.
|Category||Interest subsidy||Maximum amount of loan considered for the calculation of subsidy||Maximum amount of subsidy||Maximum carpet area|
|EWS (Economically Weaker Section) an LIG (Low Income Group)||6.50%||Rs.6 lakh||Rs.2.67 lakh||60 sq.mt|
|MIG (Middle Income Group) 2||3.00%||Rs.12 lakh||Rs.2.30 lakh||150 sq.mt|
|MIG (Middle Income Group) 1||4.00%||Rs.9 lakh||Rs.2.35 lakh||120 sq.mt|
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