Pradhan Mantri Awas Yojana (PM Awas Yojana) is India’s flagship housing scheme launched in 2015 with the goal of providing affordable pucca homes to all eligible beneficiaries by 2022 under two verticals—Urban (PMAY-U) and Gramin/Rural (PMAY-G). Through credit-linked subsidies, direct construction assistance, and beneficiary-led construction, the scheme caters to Economically Weaker Sections (EWS), Low Income Groups (LIG), and Middle Income Groups (MIG) with interest subsidies up to 6.5% for 20 years and central assistance ranging from ₹1.5 lakh to ₹2.5 lakh per unit.
What Is Pradhan Mantri Awas Yojana?
Pradhan Mantri Awas Yojana (PMAY) seeks to achieve “Housing for All” by targeting urban and rural poor with tailored interventions. Under PMAY-Urban, the Ministry of Housing and Urban Affairs offers:
- Credit-Linked Subsidy Scheme (CLSS): Interest subsidy on home loans for EWS/LIG (6.5%), MIG I (4%), and MIG II (3%) for up to 20 years.
- In-Situ Slum Redevelopment (ISSR), Affordable Housing in Partnership (AHP), and Beneficiary-Led Construction (BLC) components to address slum dwellers and unaffordable land costs.
Under PMAY-Gramin (Rural), the Ministry of Rural Development provides:
- Unit Assistance: ₹1.5 lakh for Plain Areas and ₹1.75 lakh for Hilly/NE/Islands per house.
- Quality and Livability: Converges with Swachh Bharat, Ujjwala, Saubhagya, and Jal Jeevan Mission for toilets, LPG, electricity, and water.
Eligibility
- Beneficiary Category: EWS (annual income ≤ ₹3 lakh), LIG (₹3–6 lakh), MIG I (₹6–12 lakh), MIG II (₹12–18 lakh).
- No Prior Pucca House: Must not own a pucca house in any part of India.
- Age and Family: Head of family aged up to 70 years; female head or joint ownership encouraged for EWS/LIG CLSS.
- Towns and Villages: For PMAY-U, residence within notified urban local bodies; for PMAY-G, rural habitation as per census.
- Loan Conditions: For CLSS, first-time homebuyers availing bank/NBFC loans ₹6 lakh to ₹25 lakh; for others, direct Central Assistance without loan.
How to Apply
Online (PMAY-U & CLSS)
- Visit the official portal: pmaymis.gov.in
- Citizen Assessment: Select “Benefits under Other 3 Components” or “For Slum Dwellers” and enter Aadhaar details.
- Fill Form: Provide personal, income, property, and loan details; upload KYC documents.
- Submit & Track: Note your application ID for status updates via portal or SMS.
Offline
- Common Service Centres (CSCs) or LIC Housing Finance/Kotak Mahindra branches for CLSS registration.
- Rural Block Offices under PMAY-G for beneficiary-led construction and subsidy claims.
Benefits
- Interest Subsidy on home loans up to ₹6.5% for EWS/LIG and lower slabs for MIG, reducing EMI burdens for 20 years.
- Central Assistance up to ₹2.5 lakh per unit under urban components and ₹1.5–1.75 lakh under rural component for direct construction aid.
- Convergence with allied schemes ensures homes have toilets, electricity, LPG, and water connections, enhancing livability.
- Women Empowerment through mandatory female ownership in EWS/LIG categories to promote gender equality.
