Pradhan Mantri Home Loan – Interest Rates 2024, EMI Eligibility Calculator
Are you looking for Pradhan Mantri Home Loan? Find Details on Interest Rates, Subsidy, Documents List, Eligibility, Per Month EMI, Lowest Down payment options, Loan amount for LIG and EWS. Interest subvention of 3% and 4% for loans of up to Rs 12 lakh and Rs 9 lakh, respectively under Prime Minister Awas Yojana (PMAY). Under the Pradhan Mantri Awaas Yojana, those belonging to the poor, lower middle and middle classes in cities will be eligible to four per cent discount on housing loans upto Rs 9 lakh. Loans of upto Rs 12 lakh will receive interest subvention of 3 per cent.
Latest Update Jan 2024: No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.
- Credit Linked Subsidy Scheme
- Subsidy Benefit
- Documents required for PMAY
- Eligibility for PMAY
“Credit Linked Subsidy Scheme” for EWS and LIG categories under Pradhan Mantri Awas Yojana. The scheme was announced by our honourable Prime Minister Narendra Modi and envisages the vision of housing for all by the year 2024.
Who are the beneficiaries under this scheme
- Families who didn’t have pucca houses
- Economically weaker section (EWS) & Low Income Group (LIG)
- Families comprising husband, wife and unmarried children
Scheme features
- Subsidy benefit of 6.5% p.a for first home buyers
- In terms of Rupee a person can save upto 2.2 Lakh
Eligibility / Income Criteria
- EWS with an income of 3 lakh annual or lower
- LIG with an income of Between 3 to 6 lakhs annual
Pradhan Mantri Home Loan Trends 2024
| Date | Query | Rising |
| 01-01-2023 | pradhan mantri awas yojana 2024 | 600% |
| 04-03-2023 | pradhan mantri awas yojana online 2024 | 180% |
| 03-03-2023 | pradhan mantri home loan yojana 2024 | 140% |
| 23-06-2023 | pradhan mantri awas yojana | 120% |
| 30-05-2023 | pradhan mantri home loan yojna | 80% |
| 25-06-2023 | pradhan mantri awas yojana subsidy | 60% |
| 31.05.2023 | pradhan mantri awas yojana | 70% |
| 31.05.2023 | pradhan mantri home loan yojana | 60% |
| 30.05.2023 | pradhan mantri awas yojana housing for all urban | 40% |
| 27.05.2023 | pradhan mantri awas yojana in karnataka | 40% |
| 24.05.2023 | pradhan mantri home loan yojana | 150% |
| 23.05.2023 | pradhan mantri home loan yojana | 170% |
| 29.04.2023 | modi home loan scheme | 80% |
| 27.04.2023 | cheapest pradhan mantri home loan | 100% |
