PM Avas yojana 2024 (pmay) – Check Application Form Process, Price details, Subsidy on Interest Rates, Locations. Ahmedabad, Aurangabad, Amritsar, Agra, Allahabad, Bangalore, Baroda, Bhiwadi, Bhopal, Bhubneshwar, Chandigarh, Rewari, Chennai, Cochin, Coimbatore, Cuttack, Dehradun, Delhi, Faridabad, Gaziabad, Gurgaon, Guwahati, Hosur, Hyderabad, Indore, Jabalpur, Jaipur, Jamshedpur, Kanpur, Kochi, Kolkata, Lucknow, Ludhiana, Madurai, Mangalore, Mysore, Mumbai, Nagpur, Nasik, Navi Mumbai, Noida, Patna, Pune, Ranchi, Raipur, Sahibabad, Surat, Thane, Trichy, Vadodara, Vishakapatanam, Vizag, Trivandrum.
Features of PM Awas Yojana (Modi Awas Yojana)
- Interest Subsidy on home loans – 6.5% on interest rates
- Tenor period of 15 Years
- Houses alloted to only female members of family
- Ground floor, first preference given to the Differently-able persons, Senior citizens etc.
- Eco friendly construction of houses.
As per Scheme, PM Awas Yojana complete in 3 phases as follows:
Scheme | Time Period | location |
Phase 1 | April 2015 – March 2017 | 100 cities |
Phase 2 | April 2017 – March 2020 | 200 Cities |
Phase 3 | April 2020 – March 2022 | 500 Cities |
Beneficiaries of PM Awas Yojana:
All Women (No Caste basis)
EWS (Economical weaker section)
ST (Scheduled Tribes)
SC (Scheduled Casts)
List of Banks which offered subisidy home loan for PM awas Yojana Scheme 2018
ICICI Bank
SBI (State Bank of India)
HDFC Ltd
Andhra Bank
Bank of Baroda
Union Bank
United Bank
Uco Bank
PNB (Punjab National Bank)
PNB Housing
Dena Bank
LIC Housing
Axis Bank
GIC Housing
Indian Bank
Bank of India