Calculate your eligible subsidy under Pradhan Mantri Awas Yojana
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
• EWS: Up to ₹3 lakhs/year
• LIG: ₹3-6 lakhs/year
• MIG-I: ₹6-12 lakhs/year
• MIG-II: ₹12-18 lakhs/year
• EWS/LIG: 6.5% for ₹6 lakhs
• MIG-I: 4% for ₹9 lakhs
• MIG-II: 3% for ₹12 lakhs
• Maximum term: 20 years
• EWS: 30 sq.m
• LIG: 60 sq.m
• MIG-I: 160 sq.m
• MIG-II: 200 sq.m
• First-time home buyer
• No existing property
• Family includes spouse
• Property in family name
• Age: 18-65 years
• Bank account holder
• KYC compliant
• Not income tax payer
• Minimum age for contribution: 18 years
• Maximum age for contribution: 65 years
• Minimum monthly contribution: ₹1,000
• Maximum monthly contribution: ₹5,000
• Contribution frequency: Monthly
Use our PMAY Subsidy Calculator to calculate your eligible subsidy and the required contribution amount. Plan your savings effectively with accurate results.
The PMAY Subsidy Scheme is a government-backed program that provides financial assistance to individuals for their home loan repayment.
Yes, PMAY Subsidy Scheme contributions are tax-deductible under Section 80C of the Income Tax Act.
Apply for PMAY Subsidy Scheme online through the government website or through authorized financial institutions.
PMAY Subsidy Scheme is open to individuals who meet the following criteria: Age 18-65 years, Bank account holder, KYC compliant, and not income tax payer.
The maximum contribution for PMAY Subsidy Scheme is ₹5,000 per month.
The minimum contribution for PMAY Subsidy Scheme is ₹1,000 per month.
The contribution frequency for PMAY Subsidy Scheme is monthly.