PM Awas Yojana: How To Save Rs 2.6 Lakh On Your Home Loan

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The government has already earmarked rs. 2.6 lakh crore for this project to build these houses. Out of this Rs. 2.6 lakh crore, the central government will provide rs. 1.8 lakh crore and the rest amount would come from the respective state governments. 1.8 Crore More Houses under PM Awas Yojana Gramin (PMAY-G)

If you plan to get rich fast, there is no better way than starting your own business. This Modi government scheme will give you a boost at the outset by providing you an easy loan. The Pradhan Mantri.

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50 lakh or Rs. 1 crore. (Read: How Marginal Relief Brings Down Your Tax Burden. 10) Under the Pradhan Mantri Awas Yojana (Urban) for middle-income groups, home loan borrowers buying their first.

The central government recently announced that the benefit of interest subsidy of about Rs. 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (mig) has been extended by 15 months. After the extension, the benefit of Rs. 2.6 lakh subsidy will be available till March 2019.

This is a scheme of Government of India to ensure a home for all by 2022. Under PMAY there is a scheme named- CREDIT LINKED SUBSIDY SCHEME (CLSS) on home loans for properties in urban market belonging to Economically Weaker Section (EWS), Low Inco.

The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the..

Several proposals were approved in such meetings and the announcement has been made that more than 1 lakh homes will be constructed under the Pradhan Mantri Awas Yojana, Lucknow. A loan of Rs.1000 crore has been offered by the Housing & Urban Development Corporation (HUDCO).

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The scheme at the foundation of this promise is the Pradhan Mantri Awas Yojana. First-time urban home buyers with an annual household income of less than Rs 18 lakh per year can apply for subsidies.

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How the PM Awas Yojana can benefit you. The PM Awas Yojana reduces the cost of a home loan by Rs.1 lakh to Rs.2.3 lakh. Who can gain from this scheme? Anyone whose yearly income does not exceed Rs.18 lakh is eligible. The EWS and LIG categories comprise people whose annual household incomes are up to Rs.3 lakh and between Rs.3 lakh and Rs.6.