In this blogpost we are going to discuss Pradhan Mantri Awas Yojana (PMAY) eligibility, online application, rural list, urban list, beneficiary, new list, amount, form, document, official website, helpline toll free number, status check, when will the money be received.
(PM Awas Yojana in Hind(List, Gramin, Urban, Apply, Beneficiary, Official Website, Helpline Toll free Number, Eligibility, Documents, Status Check)
Pradhan Mantri Awas Yojana (PMAY) is a government initiative launched on 25th June 2015 with the mission to provide affordable housing for all in urban areas by the year 2022. The scheme aims to address the housing needs of the economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG). By providing subsidies on home loans, PMAY makes homeownership a reality for those who may otherwise struggle to afford it. The PMAY scheme, a flagship program of the Indian government, is designed to fulfill the dream of millions of people to own a house. With the rising population and increasing urbanization, the demand for affordable housing has become crucial. PMAY addresses this demand by providing financial assistance and subsidies to eligible individuals and families.
Latest Updates on Pradhan Mantri Awas Yojana (PMAY Scheme)
Recently, Finance Minister Nirmala Sitharaman presented the budget. In which she made some changes in the Pradhan Mantri Awas Yojana being run for the poor. Which is going to benefit the poor. While announcing the budget this time, she increased the budget of Pradhan Mantri Awas Yojana by 66 percent to 79 crore rupees. Let us tell you that this scheme was started in the year 2015. Its main objective was to provide housing to people. In this, permission was also given to build houses in urban and rural areas. According to the information received, so far one crore one lakh houses have been constructed. Let us tell you that it was Prime Minister Narendra Modi’s dream that every person should get a pucca house. After which this scheme was started. One benefit of starting this scheme will also be that due to this, there will be a decrease in the unemployment rate. As a result, the country’s economic system will become better and stronger. Let us tell you that in the year 2022, the government had provided for building 2 crore houses. Which will now be increased even more in the year 2023 so that more and more people of poor class can get houses.
Eligibility for Pradhan Mantri Awas Yojana(PMAY Scheme)
– To be eligible for this scheme, you must be a native of India.
– For this scheme, you must also have a BPL card. Only then are you eligible for it.
– Only a person over 18 years of age can apply for this scheme. Only he is being provided these facilities.
– Before applying for the Pradhan Mantri Awas Yojana, know that you should not have your own house.
– If any family is applying for this, then no member of their house should be in any kind of government job.
– If the person applying for this scheme falls under the EWS category, then their annual income should be less than 3 lakhs.
– If any beneficiary falls under the LIG category, then his annual income should be between 6 lakh and 10 lakh rupees.
– If any beneficiary falls under the MIG 1 category, then his income should be between 6 lakh and 12 lakh.
– The annual income of a person in the MIG 2 category should be between 12 lakh and 18 lakh.
PM Awas Yojana Online Apply (Online Application for Pradhan Mantri Awas Yojana)
– To apply online for this scheme, you will first have to go to the official website of PM Awas Yojana.
– As soon as you open it, the home page will open in front of you. On this you will get the link of this scheme.
– You have to click on this link and open the scheme. Keep in mind that the information written in it will be only for this scheme.
– Now read the information given in it correctly and then fill the application form of this scheme.
– Fill in whatever information has been asked for. And make sure that there is no mistake in it.
– After that attach the documents asked for this scheme. Then click on the submit option and submit the letter.
Application Form Download and Edit (Pradhan Mantri Awas Yojana Application Form Download and Edit)
– To download and edit the application form of Pradhan Mantri Awas Yojana, go to the website and open its home page.
– On that home page you will see the link of the scheme. Click on it and go to the scheme.
– There you will see an option to download and edit the application form.
– Go through this process from there. Then save it. This will save a copy of it with you.
PM Awas Yojana Offline Apply (Offline Application for Pradhan Mantri Awas Yojana)
– Currently, only online applications are being accepted for Pradhan Mantri Awas Yojana, offline applications have not been released yet. As soon as they are released, you will be informed.
PM Awas Yojana Installment (When and how will you get money in Pradhan Mantri Awas Yojana)
– If you want to know when and how you will get money in Pradhan Mantri Awas Yojana, you will have to go to its official website.
– When you open the website and come to the home page, you will see a stakeholder option in front of you. You have to click on this tab.
– As soon as you click on this option, an option will come in front of you. In which your registration number will be asked. You have to enter it in it and submit it.
– After that another new page will open in front of you which will show you all the information about its benefits. Read it correctly and understand it well. After that you will know when and how money will be received.
PM Awas Yojana Status Check (Check Status of Pradhan Mantri Awas Yojana)
– To check the status of this scheme, you have to go to the official website.
– As soon as you go to the website, the home page will open in front of you. Here you will see the status option.
– You have to click on this status option and fill in your state and necessary information. As soon as you fill in this information, a list of statuses will appear in front of you.
– On this list, check its correct status according to your state and name.
Directions for filling application form for Pradhan Mantri Awas Yojana
– The directions for filling out the application form for Pradhan Mantri Awas Yojana can be obtained on the website, read them first before filling out the application form. Because if there is a mistake then there will be difficulty. You will neither get benefit nor be able to join this scheme. So be sure to read these directions here.
PM Awas Yojana Gramin List Check (Check Pradhan Mantri Awas Yojana Gramin List)
– To check the list of Pradhan Mantri Awas Yojana Gramin, you have to go to this official website.
– As soon as you go to this website, the home page will open in front of you. On this home page you will get a link to this scheme.
– Click on this link and go to the list section. As soon as you select the list section, LIG, MIG I MIG II list will open in front of you.
– By checking this list, you can find out which house is eligible for taking. All information can be easily obtained from here.
How does Pradhan Mantri Awas Yojana(PMAY Scheme) work?
Under the PMAY scheme, individuals can avail themselves of a home loan and arrange the balance amount through financial institutions. The mandatory minimum down payment is 20% of the total cost, and the remaining amount can be covered by the loan. However, PMAY offers a subsidy of 6.5% on the interest rate for the loan amount up to Rs 6 lakh. This subsidy significantly reduces the burden of interest on the borrowers, making home loans more affordable.
Benefits of PMAY Scheme
The PMAY scheme brings several benefits to individuals and families seeking affordable housing. It enables the urban poor to own a house by providing a subsidy on the interest rate of the home loan during repayment through Equated Monthly Installments (EMI). This benefit applies to both new houses from developers or builders and houses purchased on resale, expanding the scope of housing options.
Subsidy Amount for PMAY
The interest subsidy provided under PMAY is calculated at 9% Net Present Value (NPV) over a maximum loan tenure of 20 years or the actual tenure, whichever is lesser. The subsidy amount helps in reducing the overall cost of the loan, making it more manageable for the beneficiaries.
Timing of PMAY Application
To maximize the benefits of PMAY, it is advisable to apply for the scheme after the loan is disbursed. However, it is essential to act quickly to avoid missing out on the PMAY benefits. Contact the respective bank or lending institution to determine the timeline for applying for PMAY after loan disbursement.
Claiming PMAY
To claim the PMAY subsidy, follow these steps:
- Visit the official PMAY website.
- Select the “For Slum Dwellers” option from the “Citizen Assessment” dropdown list.
- Provide your Aadhaar Card number and click on “Submit.”
- Enter accurate information, including your name, address, and employment details.
By following these steps and providing the necessary information, you can claim the subsidy under PMAY.
Repayment of PMAY Subsidy
Once your PMAY subsidy is approved, the loan amount and the subsequent EMIs will be reduced. However, if the subsidy is provided on the entire loan amount, you will need to refund the present value of the subsidy availed for the remaining tenure.
Allocation for PMAY in 2023
In the Union Budget 2023-24, the Finance Minister, Nirmala Sitharaman, increased the allocation for the PM Awas Yojana by 66% to Rs 79,000 crore. This substantial increase reflects the government’s commitment to providing affordable housing and meeting the housing needs of the population.
Documents Required for PMAY Subsidy
To avail of the PMAY subsidy, the following documents are typically required:
– EWS/LIG Income certificate
– Income Certificate (if income is below the taxable limit)
– PAN Card
– Aadhaar Card
– Voter’s Card
– Driving License
– MNREGA Number
– Nationality Identification Proof
– Proof of category (SC/ST/OBC/Minority, etc.)
– Copy of address proof
– Income Proof (salary slip, salary certificate, income tax return, etc.)
– Bank statement for the last six months
– Valuation certificate from an approved valuer (if not valued earlier)
– Approved plan of construction
– Architects/Engineers certificate confirming the cost of construction/repairs/improvements/extension
– Architects certificate confirming the expected life and future of the house
– Agreement for construction with builder/developer
– No Objection Certificate (NOC) from the housing society/competent authority
– Affidavit-cum-undertaking regarding the authorized area, adherence to the sanctioned plan/building bye-laws, and availing the loan for residential purposes only
– Receipt of advance payment made to builder/seller (if any)
– Affidavit from the beneficiary confirming no ownership of a pucca house in any part of India
– Letter of Allotment of property (for purchase from builder/housing boards) or Agreement to Sale (for resale property)
– Title deed/lease deed/Mutation in respect of pre-owned property
These documents help in the verification and assessment process for PMAY subsidy.
Extension of PMAY Scheme
The implementation period of the PMAY-Urban scheme has been extended until 31 December 2024. This decision was made by the Union Cabinet after requests from Union Territories and states. The extension aims to accommodate the increasing demand for affordable housing and ensure the fulfillment of the housing goals by the new deadline.
Selling a PMAY House
If a house is purchased under the Pradhan Mantri Yojana, it cannot be sold within five years of its purchase. The main purpose of PMAY is to provide homes to needy people, and selling the property within the specified timeframe goes against the program’s objectives.
Success of the PMAY Scheme
The PMAY scheme has witnessed significant progress over the past seven years. It has proven to be successful in benefiting lower-income groups, and approximately 80% of the sanctioned houses are owned by women. This empowers women and promotes joint or full ownership of properties, contributing to their financial independence and security.
Applying for PMAY Twice
Applying for PMAY multiple times is not allowed. Once a beneficiary has availed the benefits of PMAY, they are not eligible to apply for the scheme again.
PMAY Application by Spouse
If a couple is married and both spouses fulfill the eligibility criteria, they can jointly apply for PMAY benefits. However, it is important to note that only one house can be claimed under the PMAY scheme, even if both spouses are eligible.
PMAY Help line number
Helpline numbers 1800-11-3377, 1800-11-3388 have been issued for Pradhan Mantri Awas Yojana. By calling on which you can get the necessary information. This will solve all your problems and you will get all the information about what you are about to know.
Official Website for Gramin Click here
Official Website for Urban Click here
Home Page Click Here
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