How to check home loan subsidy

 

Under the Pradhan Mantri Awas Yojana, home loans are given to needy people to build houses. Under this scheme, along with giving home loan, subsidy is also given by the government.

Those who have applied for PM Awas Yojana will definitely be given subsidy along with home loan.

How to check home loan subsidy? According to today, you will be able to know the complete information whether you have got subsidy or not by reading this article.

Sometimes it happens that subsidy money does not come even after the house is built or there is a lot of delay in it, so when will your money come? How to check home loan subsidy? Let us get complete information about this subject.

What is Home Loan Subsidy Scheme?

The Pradhan Mantri Awas Nirman Yojana program has been started by the current Prime Minister of our country, Mr.Narendra Modi, as a financial help to the poor people of the country to build their own pucca houses.

Under this scheme, loans are made available to the people for the construction of houses and along with the home loan, subsidy is also given. That is what we call the Home Loan Subsidy Scheme.

The amount of subsidy depends on the annual income of the candidate and the tenure of the loan. Subsidy up to 2.67 lakh is given under PM Awas Yojana.

The benefit of this scheme is given only to those people whose names are mentioned in the list of Pradhan Mantri Awas Nirman Yojana.

How much will be the home loan subsidy?

If you take a home loan up to ₹ 600000 under the Pradhan Mantri Awas Nirman Yojana, then you are given 6.5% credit linked subsidy on it.

Individuals with an annual income of ₹1200000 can avail 3% interest subsidy on a home loan of ₹900000.

Individuals with an annual income of up to Rs.18,00,000 can avail 3% interest subsidy on home loans up to Rs.1,200,000. This percentage can be more or less, whose information you can get from its official website.

How to check home loan subsidy?

Follow these steps to check home loan subsidy-

Step 1- First of all go to the official website of Pradhan Mantri Awas Nirman Yojana pmaymis.gov.in.

Step 2- There you will see the option of subsidy calculator on the home page, click on it.

Step 3- After that you will be asked about your annual income, loan amount and loan repayment time, which you have to fill.

Step 4- As soon as you fill your information correctly, then click on the option of summit.

Remember that all the information must be filled correctly otherwise you will not be able to check your home loan subsidy

Step 5- After that how much home loan subsidy will be available in front of you and by when it will be revealed openly.

How to check PMAY subsidy status online

If you have applied online for Pradhan Mantri Awas Yojana, then you must be getting the benefit of PM Awas Yojana subsidy.

If you want to check the subsidy status of Pradhan Mantri Awas Yojana online, then you can adopt the following methods-

First of all, you have to go to the official website of the housing scheme.
Go to the menu option on the home page of the official website.
Go to the menu and go to Search Beneficiary.
After that select the option of Search by Name.
After that you will be asked for your Aadhaar number, which you have to enter.
After that you will see the option of Show, click on it.
After that you click on your name in the list of housing scheme.
After that the status of PMAY subsidy will appear in front of you.

In today’s article, we learned how to check home loan subsidy? What is home loan subsidy? How to check home loan subsidy status online?

I hope that by reading our today’s article, you must have got all the small and big information related to home loan subsidy.

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