Are you looking for home loan under Modi PMAY Scheme 2021? Want to know subsidy cut interest rates for 9 Lakh & 12 Lakh of loan amount from banks so check how much you can save/ app ko kitna emi dena padega for 9 lakh & 12 lakh loan amount ke liye sabhi banks ke liye? Cheap home loan for poor, relief for farmers, small businesses – PM Modi.
Loan Amount
Normal rate
Subsidy Rate
Subsidy Given
9 Lakh
8.60%
4.60%
4.00%
12 Lakh
8.60%
5.60%
3.00%
Home Loan applications received for rupees ₹ 419,027 crores till 05 November 2024
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Loan EMI Details for 12 Lakh of Home Loan amount under PMAY Scheme
Loan amount
Normal Rate
PMAY Rate
Old EMI
New EMI
You Save
12 Lakh
8.6% for 5 year
5.60%
24677.71
22976.82
1700.89
12 Lakh
8.6% for 8 year
5.60%
17332.24
15537.03
1795.21
12 Lakh
8.6% for 10 year
5.60%
14942.54
13082.69
1859.85
12 Lakh
8.6% for 12 year
5.60%
13387.45
11463.31
1924.14
12 Lakh
8.6% for 15 year
5.60%
11887.32
9868.8
2018.52
Loan EMI Details for 9 Lakh of Home Loan amount under PMAY Scheme