Under the PMAY subsidy scheme, financial assistance is given to the beneficiaries of the PMAY scheme. And read the post to know how you can know your PMAY subsidy status using PMAY online portal and other methods
Let us also tell you that the Pradhan Mantri Awas Yojana launched by the government in 2015 is one of the most popular housing schemes ever. This scheme has been started to provide affordable housing to the Indian citizens of economically weaker sections.
The PMAY scheme has been launched in two categories – PMAY Urban and PMAY Rural. The government gives subsidies to the beneficiaries based on their type, income group and category. Read the article till the end to know more about PMAY subsidy
What is PMAY subsidy?
PMAY subsidy is an amount given by the Government of India under its flagship Pradhan Mantri Awas Yojana (PMAY) or ‘Housing for All’ mission. PMAY subsidy was launched to help economically weaker sections get a home. PMAY subsidy is financial assistance provided in the form of loans taken to purchase houses covered under the PMAY scheme.
Key facts of PMAY Subsidy
Name of the scheme | PMAY Subsidy |
Launched by | Government of India |
Objective | Check Status |
Beneficiaries | Citizens of India |
Official website | Click here |
Eligibility Criteria
The government has prescribed certain eligibility criteria to avail the Credit Linked Subsidy Scheme (CLSS) under PMAY. Every beneficiary is required to fulfil the following eligibility criteria to avail PMAY subsidy under housing –
- The beneficiary family should not own a pucca house/constructed house anywhere in India to avail subsidy under PMAY scheme.
- In case of a married applicant, single or co-ownership arrangement is permitted. However, in both the cases, the applicants can avail only one subsidy.
- The family of the concerned applicant should not have received benefits of other similar housing schemes implemented by the Central Government.
Benefits of PMAY Subsidy
- You can avail the PMAY scheme on home loan at PMAY subsidy interest rate of 6.50%. The tenure of the home loan should be 20 years.
- If a senior citizen or a disabled person avails PMAY subsidy, then they will be given preference in providing ground floor.
- PMAY subsidy is applicable on the entire PMAY scheme. Pradhan Mantri Awas Yojana has been implemented in all cities.
- In this scheme, first priority has been given to Tier 1 cities.
How does MAY Subsidy Track work?
An individual wishing to buy a home can avail a home loan and the PMAY subsidy that comes with it. PMAY subsidy can be availed for construction, acquisition, repair/redevelopment of a house, or extension of an existing house.
Benefits of PMAY scheme PMAY subsidy is classified as follows based on the economic status of the applicant
- Economically Weaker Section (EWS) Scheme
- Low Income Group (LIG) Scheme
- Middle Income Group (MIG-1) Scheme
- Middle-Income Group-II (MIG-II) Scheme
Required Documents
- Aadhaar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
- Passport Size Photo
Amount for EWS, LIG and MIG
EWS | INR 6 lakh |
LIG | INR 6 lakh |
MIG | INR 9 lakh |
PMAY Subsidy Status Check
- First of all log in to pmayudap.gov.in.
- Write the application ID on the left side of the website and click on ‘Get Status’.
- In this step, you will receive a One Time Password (OTP) on your registered number. Enter the OTP.
- After entering the OTP, all the steps to submit the receipt will appear on the screen.
- While the completed steps will appear in green, the steps that are still in process will be displayed in blue.
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How to check PMAY subsidy status through the PMAY mobile app?
Here are the steps to check your PMAY subsidy status through PMAY mobile application
- Download the PMAY mobile application on your smartphone from your preferred app store which can be Apple App Store or Google Play Store.
- Click on the Beneficiary Login button available on the mobile homepage.
- Log in to the mobile application using your PMAY online portal credentials.
- Now in the next window enter your Application ID in the space provided.
- Click on the Get Status button to check the status of your PMAY application and subsidy.
Check PMAY Subsidy Status Offline
- To check PMAY subsidy status offline applicants have to visit the nearest Gram Panchayat or Block Panchayat offices in their village.
- After visiting the Gram Panchayat or Block Panchayat offices applicants can check PMAY subsidy status by consulting the representative.
- After that applicants have to give their application ID to the representative to check their status.
- Applicants can also check their subsidy status by calling the Ministry of Housing and Urban Affairs – 011 23063285 or 011 23060484 number.
I am Suman, co-founder of the YojanaStatus.org.in. I have completed my Graduation. Currently I am the co-founder of Yojanastatus.org.in. I have more than ten years of experience in Government schemes, and technology. And Before that, I have worked with other News media websites. That’s why I promise to give you the best knowledge in my articles.