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Pradhan Mantri Jan Awas Yojana is one of the pioneer projects of the Government of India launched in 2015 with the aim to provide housing for all by the end of the year 2022. This project aims to provide affordable housing to all the poor and economically backward citizens of the country, be it in the rural areas or the urban areas. This scheme has divided the goal of achieving the target affordable and pucca housing for poor citizens into two geographical areas, urban poor population and rural population.
The two schemes under this program are, accordingly, known as,
Under this scheme, the government will assist the citizens in building affordable houses in selected cities and towns with the use of eco-friendly construction methods. Also, under the Credit Linked Subsidy Scheme, beneficiaries under PM Awas Yojana are eligible for interest subsidy if they avail a loan to purchase or construct a house.
This scheme of the Government is also linked with various other programs of the government like the
About Pradhan Mantri Jan Awas Yojana
The beneficiaries of the scheme are the economically backward or low income section as well as the first time homeowners who would have otherwise faced difficulty in purchase of a new house. The scheme is also linked with various other flagship schemes of the government and the eligibility will depend on such schemes as well.
The other key points of eligibility are highlighted below.
The Pradhan Mantri Awas Yojana is a unique model of the government and one of the largest housing schemes in the world. Some of the features of this scheme are mentioned below.
Household income (annually)
Up to Rs. 3,00,000
Above Rs. 3,00,000 Up to Rs. 6,00,000
Above Rs. 6,00,000 Up to Rs. 12,00,000
Above Rs. 12,00,000 Up to Rs. 18,00,000
Subsidy on rate of Interest
6. 50 % p.a.
Maximum eligible home loan amount for subsidy qualification
R Rs. 6,00,000
Maximum Unit Carpet Area
Maximum interest subsidy
Rs. 2,67,000 (approximately)
Rs. 2,35,000 (approximately)
Rs. 2,30,000 (approximately)
The government also provides the applicants to have a fair idea of the amount of subsidy that they can avail even before applying for the scheme. The interest on such loans is at subsidized rates and hence offers the eligible citizens affordable and subsidized loans.
The potential applicants have to fill the following details in the subsidy calculator on the official website of PMAY(U) to get the details of the proposed EMI.
Once the above details are input on the website, the applicant will get the details of the subsidy applicable to them and also the category of the subsidy that they would fall into. Also, in case the scheme is not applicable to particular applicants based on the information input by them, the same will be displayed at the time of calculating the subsidy that can be availed.
The scheme has a mandatory provision for the female head or member of the household to be the owner or co-owner of the house under the Mission. The scheme applies a huge range of options to broaden its scope in including maximum beneficiaries under its purview depending on their income, finance and availability of land. It has its selection process based on the following four options/categories.
“In-situ” Slum Redevelopment (ISSR) –
Under Slum redevelopment, the government provides a Central Assistance of Rs.1,00,000 per house. This amount is admissible for all houses that are built for eligible slum dwellers under the component of In-situ Slum Redevelopment (ISSR) using land as Resource and is in participation of private developers. The States/UTs are free to utilize these slum rehabilitation grants for any of the slum redevelopment projects. Post redevelopment, the Mission guidelines recommend, rather require, the State/UT Government to issue a de-notification of slums.
Credit Linked Subsidy Scheme (CLSS) –
According to the Mission guidelines, an interest Subsidy up to Rs. 2,67,000 per house is admissible for Beneficiaries of Economically Weaker Section (EWS)/Low Income Group (LIG), Middle Income Group (MIG)-I and Middle Income Group (MIG)-II that apply for housing loans from Banks, Housing Finance Companies and other such institutions for acquiring/constructing houses. The interest subsidies of 6.5%, 4% and 3% on loan amount up to Rs. 6,00,000, Rs. 9,00,000 and Rs. 12,00,000 respectively are admissible for a house with carpet area of up to 60, 160 and 200 sq.m. In case of EWS/LIG, MIG I and MIG II respectively. The benefit for EWS/LIG beneficiaries under CLSS works out to as high as Rs. 6,00,000 over a loan period of 20 years.
Affordable Housing in Partnership (AHP) –
Central Assistance of Rs.1,50,000 per EWS house is provided by Government of India in projects where at least 35% of the houses in the projects are for EWS category and a single project has at least 250 houses.
Beneficiary-led individual house construction/enhancements (BLC) –
As per this component, Central Assistance of Rs.1,50,000 is available to individual eligible families belonging to EWS categories to either construct new houses or enhance existing houses on their own. This component aims to include those beneficiaries who are not able to take advantage of any other component of the Mission.
If the beneficiary has a pucca house with carpet area of up to 21 sq. m. area or a semi-pucca house, lacking in one of the facilities- i.e. room, kitchen, toilet, bath or a combination of these, it may be taken up for enhancement subject to ULB/State ensuring structural safety of the house and adherence to following conditions:
The applicants and subscribers of the scheme can report any queries and concerns that they may have by contacting the authorities at the following contact details.
Address – Pradhan Mantri Awas Yojana (Urban)
Ministry of Housing and Urban Affairs
New Delhi – 110011
1. What is the sharing pattern of the cost of units that is to be shared between Central and the State Government for housing in rural areas?
The sharing pattern between the Central and the State Government with respect to the cost of the units in rural areas is given below.
2. What is the definition of new construction under the PMAY(U) Scheme?
The term new construction under the PMAY(U) scheme of the government includes the following and will be eligible for credit linked subsidy within the prescribed terms and conditions –
3. What is the consequence in case the beneficiary is not able to complete the construction of the house post disbursement of subsidy under the scheme?
In case the beneficiary is not able to complete the construction of the house within 36 months post receiving the subsidy under the scheme for any reason, such subsidy has to be recovered back by the PLI (Primary Lending Institutions) and refunded to the CNA (Central Nodal Agencies) who has issued/released such funds.
4. What is the security that the beneficiary has to provide under the scheme?
The house that is purchased or constructed from the funds/subsidy received under the scheme is considered as a security against the loan as per the guidelines of the scheme.
5. Are the NRIs eligible for the benefits under the scheme?
The NRIs can be eligible for the benefits under the scheme provided they are eligible as per the guidelines of the Scheme as well as any other rules of the Government of India or RBI, if any, applicable to such NRIs.
Atal Pension Yojana
Employees Provident Fund
Equity Linked Savings Scheme
National Digital Literacy Mission
National Savings Certificate
Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Jeevanjyoti Bima Yojana
Pradhan Mantri Suraksha Bima Yojana
Universal Account Number
Voluntary Provident Fund
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