Articles 

YES Bank Pradhan Mantri Awas Yojana Housing Scheme

7937 Views

YES Bank PMAY – Check Documents, Subsidy Scheme, Interest Rates, Loan Amount, EMI, Processing Fees, Eligibility, Disbursement Process of YES Bank at deal4loans.com.

YES Bank : YES-Khushi
YES Bank is one among all the Bank that is enlisted with National Housing Bank(NHB) for disbursement of housing loan subsidy to the Economically Weaker Section and Lower Income Group individuals under the Pradhan Mantri Awas Yojna Scheme.
The YES – Khushi Affordabale Housing Loan specially made for economically fragile category who are unable to compete with the other segment of people and still strives to have a concerete roof above their head. YES – Khushi helps this class of people to purchase or construct their own residential unit.

  1. Interest Rates
  2. Subsidy Scheme
  3. Eligibility
  4. Income Criteria
  5. Loan Amount
  6. Repayment
  7. Security
  8. Documents

Home Loan applications received for rupees ₹ 419,027 crores till 21 November 2024

Compare & Get Instant Home Loan Quotes Online & Check your CIBIL score absolutely FREE.

Loan Amount
Occupation
Annual Income
City
120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

Features

Interest Rates

9.85 – 12.00%

Interest Subsidy

6.5% for a tenure of 15 years.

Subsidy under the scheme

–

Ambition

  • To provide loan to the EWS and the LIG category people.

  • High loan amount disbursed with longer tenure.

  • There are no minimum income rules or regulations.

Eligibility

  • Economically Weaker Section(EWS)

  • Lower Income Group(LIG)

  • Women

  • Schedule Caste /Schedule Tribe/Other Backward Class.

  • Transgender

  • Minorities.

Coverage

This scheme shall cover all 4041 statutory town as per census 2011.

Beneficiary Family

  • A beneficiary family will comprise of husband, wife and unmarried children.

  • The beneficiary family must not have a concrete house in his/her name or any member of the family.

Income Criteria

Loans are extended to people with a Net Monthly Income of Rs 9000 per month.

Minimum Loan Amount

The minimum loan amount is Rs 1 lac.

Maximum Loan Amount

The maximum loan amount is Rs 25 lacs.

Repayment Period

You can repay the loan amount within a maximum period of up to 25 years.

Security

Mortgage of the property purchased through the loan amount disbursed by the bank.

Margin

–

Documents Required

  • Identity proof

  • Proof of Income

  • Income Tax if applicable.

Related Posts: