How Customers To Qualify For PM Awas Yojana Subsidy

How Customers to Qualify for PM Awas Yojana Subsidy

Taking note of the idea of housing for all, Pradhan Mantri Awas Yojana was initiated by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA). Also known as Credit Linked Subsidy Scheme (CLSS), the Yojana is enabled for the purchase, construction, extension and even improvement of the houses catering to an economically weaker section of the population. Besides the economically weaker sections, this scheme is an excellent option for Lower Income Group and Middle Income Group people too. This is intended to boost the increasing housing demands of such residents from India.

Take a Note of the Eligibility Factor to Qualify for PM Awas Yojana:

  • Any member from the family of the beneficiary should not have a pucca house in their name at any cost.
  • In the matter of a married, both of them together or either of them will be eligible only for a single subsidy.
  • The family of the beneficiary applied for the subsidy under Pradhan Mantri Awas Yojana should not avail any assistance from other housing schemes run by Government of India.
  • The beneficiary family will conceptualize of wife, husband and their unmarried young kids that are not earning.

Considering the coverage factor, the amount will depend upon the annual household income and the carpet area. Certainly, an adult member earning his or her living might be taken as a separate household entity.


All statutory towns as per Census 2011 and towns’ notified subsequently, including planning area as notified with respect to statutory town.

For the purpose of exercising subsidy, the beneficiary is required to have Aadhar Card. And the interest subsidy can be availed for a maximum loan time period of 20years. Indeed, the interest subsidy will be credited to the account of the beneficiary through HDFC bank. One thing that a beneficiary has to check is that the loan beyond the specified limits by the government will not fall under the subsidy category. Of course, there is no cap over the amount of the loan or the cost of the property.

Definitely known, one should always consider the above-mentioned factors in terms of getting PM Awas Yojana. Indeed, it is one of the best steps to make low-income group people get homes. This is a perfect step by the Prime Minister in the direction of making every low income earning person have a home by 2020. 

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