1 / 5

Pradhan Mantri Awas Yojana

Under this scheme, the government will be financially assisting the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG) in order to achieve its primary aim at providing home for all.<br><br>For more detail: https://www.grihashakti.com/knowledge-centre/home-finance/pradhan-mantri-awas-yojana-credit-linked-subsidy-scheme.aspx

ankitomarind
Download Presentation

Pradhan Mantri Awas Yojana

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pradhan Mantri Awas Yojana - Credit Linked Subsidy Scheme

  2. What is Pradhan Mantri Awas Yojana? Pradhan Mantri Awas Yojana Scheme comes with ‘credit linked subsidy scheme’(CLSS) which allows every house constructed, improved, build, purchased or even expanded under this scheme will be given an interest subsidy. With the increase in subsidized loan amount to ₹12 lakh, the scheme is expected to cover a higher proportion of the urban poor. Under this scheme, the government will be financially assisting the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG) in order to achieve its primary aim at providing home for all.

  3. Benefits of Credit Linked Subsidy Scheme The Credit Linked Subsidy Scheme (CLSS) is a benefit under the Pradhan Mantri Awas Yojana which focuses on helping the Middle Income Groups, Economically Weaker Sections, and Lower Income Groups in India by bringing down their housing loan EMIs by over Rs.2,000 per month by offering an interest subsidy. The beneficiaries under Economically Weaker Sections can have annual income up to Rs.3 lakh. Also, beneficiaries with an annual income of Rs.3 lakh to Rs.6 lakh fall under the Low Income Group category. Women, Scheduled Tribes, Scheduled Castes, backward classes, minorities, people with disabilities, and transgenders will also be able to make use of this scheme as they will be given preference. Both sets of beneficiaries can get the maximum tenure of loan can go up to 20 years and the discount rate for Net Present Value(NPV) is 9% for both MIG-I and MIG-II.

  4. Targeted Group or Benefeciary Indian Women of all religions and castes. People with low income and economically weaker sections. SC (Scheduled Castes) ST (Scheduled Tribes)

  5. Complete your survey here: https://www.grihashakti.com/knowledge-centre/home-finance/pradhan-mantri-awas-yojana-credit-linked-subsidy-scheme.aspx

More Related