Your first home can cost less!

Avail subsidy benefits under Pradhan Mantri Awas Yojana Save up to ₹2.67 lakhs*


  • Applicable for new / resale purchase of home, construction loan for EWS / LIG / MIG
  • Applicable for extension / improvement to existing dwelling for EWS / LIG
  • Longer tenure for subsidy benefit calculations - up to 20 years

Eligibility Criteria

  • The beneficiary family should not own a pucca house either in his/her name or in the name of any member of his/her family within India
  • Female property ownership is mandatory for EWS / LIG
  • Total loan amount and tenure can be higher, but subsidy will be limited to calculations worked up to the limits in the table below
  • In case of married couple, either of the spouse or both together in joint ownership will be eligible for a single subsidy.
  • The beneficiary family should not have availed of central assistance under any housing scheme from Government of India or any benefit under any scheme in PMAY.


  • All statutory towns as per Census 2011 and towns’ notified subsequently, including planning area as notified with respect to statutory town.
CLSS Scheme Type EWS LIG MIG 1 ** MIG 2 **
Eligibility Household Income (Rs.) Less than
to Rs.6,00,000
to Rs.12,00,000
to Rs.18,00,000
Carpet Area-Max (sqm) 30 sqm 60 sqm 160 sqm 200 sqm
Carpet Area-Max (sq ft) - approx 645 sqft 645 sqft 1722 sqft 2152 sqft
Interest Subsidy (%) 6.50% 6.50% 4.00% 3.00%
Maximim Loan Amount (Rs.) 6,00,000 6,00,000 9,00,000 12,00,000
Validity of scheme 31/03/2022 31/03/2022 31/03/2020 31/03/2020
Max Subsidy (Rs.) 2.67 Lacs 2.67 Lacs 2.35 Lacs 2.30 Lacs
Woman Ownership Yes * Yes * Not Mandatory Not Mandatory
Max Loan Tenure 20 years 20 years 20 years 20 years
FAQs on PMAY Scheme View


  • For MIG - 1 & 2 loan should be approved on/or after 1-1-2017
  • As per amendment dated 15.03.2018, an adult earning member (irrespective of martial status) can be treated as a separate household. Provided also that in case of a married couple, either of spouses or both together in joint ownership will be eligible for a single house, subject to income eligibility of the household under the scheme.
  • Aadhar number(s) of the beneficiary family are mandatory for MIG category.
  • The interest subsidy will be credited upfront to the loan account of beneficiaries through Motilal Oswal Home Loans Limited resulting in reduced effective housing loan and Equated Monthly Installment (EMI).
  • The Net Present Value (NPV) of the interest subsidy will be calculated at a discount rate of 9 %.
  • The additional loan beyond the specified limits, if any to be at non-subsidized rate.
  • Disclaimer: Assessment of your eligibility to avail the benefits of CLSS is at the sole discretion of the Government of India. Contents herein are parameters outlined under the scheme for assessment of entitlement.

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