The Pradhan Mantri Awas Yojana (PMAY) scheme was launched by the Government of India to boost the affordability of houses against an inflated real estate sector. The scheme aims to achieve its objective of “Housing for All” by 31 March 2022, the 150th birth anniversary year of Mahatma Gandhi, by constructing 20 million houses across the nation.
Scheme Name : Pradhan Mantri Awas Yojana (PMAY)
Launch Date : 25th June 2015
Expected Completion : by 2022
Toll Free No. : 1800-11-6163
Official Website : www.pmaymis.gov.in
Type of PMAY Scheme :
There are two sub-sections of the PMAY scheme which are divided on the basis of the area on which they focus:
1. Pradhan Mantri Awas Yojana Gramin -
The Pradhan Mantri Awas Yojana – Gramin (PMAY-G) was previously known as the Indira Awas Yojana and was christened as PMAY-G in 2016. The scheme is aimed at the provision of affordable and accessible housing units to eligible beneficiaries in rural regions of India (excluding Chandigarh and Delhi). Under this scheme, the Government of India and the respective state governments share the cost of development of housing units in the ratio of 60:40 for plain regions and 90:10 for North-Eastern and hilly regions.
2. Pradhan Mantri Awas Yojana Urban -
The Pradhan Mantri Awas Yojana – Urban (PMAYU), as the name suggests, is focussed towards the urban areas in India. At present, there 4,331 towns and cities which are enlisted under this scheme. The
scheme is set to function under three different phases:
- Under Phase 1, the government targeted to cover 100 cities in different states and UTs across the country from April 2015 to March 2017.
- Under Phase 2, the government targeted to cover 200 more cities in different states and UTs across the country from April 2017 to March 2019.
- Under Phase 3, the government targeted to cover the cities which have been left out in Phase 1 and Phase 2 and attain the target by the end of March 2022.
Features and Benefits of PMAY Scheme
- Under PMAY Scheme, subsidy interest rate is provided at 6.50% p.a. on housing loan for the term of 20 years to all the beneficiaries.
- Differently abled and senior citizens will be given preference in allocation of ground floors.
- Sustainable and eco-friendly technologies would be used for construction.
- The scheme covers entire urban areas in the country which includes 4041 statutory towns with the first priority given to 500 Class I cities. This will be done in 3 phases.
- The credit linked subsidy aspect of the PM Awas Yojana gets implemented in India in all statutory towns from the initial stages itself.
Pradhan Mantri Awas Yojana (PMAY) Eligibility
The Ministry of Housing and Urban Poverty Alleviation has set a route map and has also made clear the eligibility criteria a prospective applicant need to meet. Also has enlisted the help of some leading banks in the country to provide loans for construction under PMAY. The banks offer loans at a comparatively lower rate as government pays the rest on behalf of the applicant. This model of subsidized loans help more economically weaker people to build a house. Here’s what it looks like:
- The Applicant’s Family must not own a house in any part of the country.
- In the case of a Married couple, either a Single or a Joint ownership deal is allowed, and both options will receive just one subsidy.
- The Applicant’s Family must not have availed the benefit of any housing-related schemes set up by the Government of India.
How much subsidy will be available in PMAY
- A 6.5 percent credit linked subsidy is available only on loans up to six lakh rupees.
- People earning up to Rs 12 lakh per annum will be able to avail four percent interest subsidy on loans up to Rs 9 lakh.
- Similarly, people earning an annual income of up to Rs 18 lakh will be able to avail three percent interest subsidy on loans up to Rs 12 lakh.
Documents required to apply in PMAY Yojana :
- Aadhar Card
- Postal address
- income certificate
- Bank account passbook
- Photograph
- mobile number
PMAY Chack Your Status
- First of all you have to go to the "official website" of Pradhan Mantri Awas Yojana.
- Now the home page will open in front of you.
- On the home page, you will have to click on the tab of the search benefits.
- Now you have to click on the link of Search By Name.
- Now a new page will open in front of you.
- You have to enter your Aadhaar number in it.
- Now you have to click on the show button.
- The beneficiary status will be on your computer screen.
How to Chack SLNA List of PM Housing Scheme?
- First of all, you have to go to the official website. After visiting the official website, the home page will open in front of you.
- On this home page you will see the option of SLNA List. You have to click on this option. After clicking on the option, "SLNA List PDF" will open on the next page in front of you and you can check.
How to see Subsidy Calculator?
- First of all, you have to go to the official website. After visiting the official website, the home page will open in front of you.
- On this home page, you have to click on the option of "Subsidy Calculator". After clicking on the option, the next page will open in front of you.
- On this page, you will have to fill all your information like Annual Family Income, Loan Amount, Tenure (Months). Then the subsidy calculator will appear in front of you.
Important Link :
Track Your Assessment Status : Click here
Print Your Assessement Form : Click Here
PMAY Apply Online : Click here
PMAY Customer Care Helpline Numbers
In case of any queries relating to the application process, interest rates and any other scheme related queries, customers can contact the toll free helpline number:
- 1800-11-6163 (Urban, HUDCO)
- 1800-11-3388 (Urban,NHB)
- 1800-11-3377 (Urban,NHB)
- 1800-11-6446 (Gramin)
Those facing any issues related to the application process can contact the above toll free numbers according to the locations.
