Bank of Baroda Pradhan Mantri Awas Yojna Housing Scheme
Bank of Baroda PMAY – Check Documents, Subsidy Scheme, Interest Rates, Loan Amount, EMI, Processing Fees, Eligibility, Disbursement Process of Bank of Baroda bank at Deal4loans.
Bank of Baroda : Pradhan Mantri Awas Yojna is specially destined for people belonging to the lower class, residing in India, who still strives to have a roof above their heads. This mission has provided with central compensation to implement agencies through States and Union Teritorries for providing houses to all eligible beneficiaries, with the fair share of National Mission Housing with the prime motive of providing Housing for All by 2025. The government also arranges interest subsidy to EWS and LIG categories to enable them to purchase or build new houses.
Features
8.45% – 9.80% |
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Interest Subsidy |
6.5% for a tenure of 15 years |
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Ambition |
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The maximum loan amount is Rs 6 lacs, however, an individual could sanction loan amount above Rs 6 lacs without interest subsidy. |
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You can repay the loan amount within a maximum period of 30 years |
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Equitable Mortgage of the property. |
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Margin |
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Get More details on Pradhan Mantri Home Loan