In the past decade, there has been a noticeable rise in the number of women buying homes. To further this momentum and provide women with security and independence, the Pradhan Mantri Awas Yojana (PMAY) offers numerous benefits tailored to women. Thanks to this scheme, one of the most important dreams—becoming a homeowner—is now more achievable for women. This guide delves into the ways PMAY supports women homebuyers and how they can apply for a housing unit under this scheme.
What is Pradhan Mantri Awas Yojana?
The Pradhan Mantri Awas Yojana (PMAY) is a Credit Linked Subsidy Scheme (CLSS) launched by the Modi Government on June 25, 2015. Under this scheme, an interest subsidy on home financing is provided, which can be used for constructing, repairing, buying or renovating a house.
The PMAY scheme’s ‘Housing for All’ initiative aims to address the shortage of pucca houses, particularly among the economically weaker sections (EWS), the lower-income group (LIG), and the middle-income group (MIG). PMAY is extended to people living in slums or kutcha houses, providing them with pucca houses in both rural and urban areas across India. These homes will include essential amenities such as rooms (based on area and configuration), kitchen, water, electricity, and a toilet.
PMAY is categorised based on the annual income of the beneficiaries and the classification of urban or rural areas. Eligible women beneficiaries enjoy discounted interest rates on home loans.
PMAY for women in 2025: Key points
- PMAY online form for women available at https://pmaymis.gov.in/
- Beneficiary categories: EWS, LIG, MIG-I, MIG-II
- PMAYG target until 2029: 2 crore houses
- PMAY Urban 2.0 target until 2029: 1 crore houses
- Benefits for women owners and co-owners under PMAY 2025: Benefits on stamp duty, registration charges, interest subsidy, property tax benefits, etc.
What are the benefits offered under PMAY to women homebuyers?
Registering at least one woman member in a family as the owner or co-owner under the PMAY scheme is mandatory to avail the Pradhan Mantri Awas Yojana benefits. Through PMAY, women can purchase affordable housing, significantly lowering the costs they would otherwise incur when buying their first home.
7 Benefits offered under PMAY to women homebuyers
1. PMAY for women: No prepayment charges
Under PMAY, a woman owner or co-owner does not need to pay any prepayment charges. This helps women homebuyers financially by eliminating additional costs.
2. PMAY for women: Subsidy benefits
With a woman as the co-owner, up to Rs 2.67 lakh in subsidies can be availed. Additionally, a woman owner or co-owner from the EWS or LIG category can receive a 6.5% subsidy on home loans of up to Rs 6 lakh.
3. PMAY for women: Low interest rates
Banks and non-banking financial companies (NBFCs) offer low interest rates on home loans, starting from 6.95% per annum if the house is registered under a woman’s name as the owner or co-owner. The interest rate depends on the applicant’s CIBIL score, the loan amount, and the applicant’s profession. Women may also receive an additional home loan interest discount of approximately 0.05%.
4. PMAY for women: Partial stamp duty waiver
A house registered under a woman’s name qualifies for a partial stamp duty waiver under PMAY. Women homeowners may get a waiver of 1-2% on stamp duty rates if the house is registered in their name. In some states like Maharashtra, there is a flat rate of Rs 1,000 as stamp duty for houses registered under PMAY, and some states have entirely waived stamp duty for PMAY registrations.
5. PMAY for women: Reduced registration charges
Women homebuyers can avail of reduced registration fees under PMAY, typically ranging from 1% to 4% of the property cost.
6. PMAY for women: Concession on property tax
Women homeowners may also benefit from lower property taxes in certain states, depending on the state’s policies, if the property is registered in their name.
7. PMAY for women: Tax benefits
Women purchasing a house under PMAY can avail of tax rebates. If the house is self-occupied, the woman can claim a tax rebate of up to Rs 2 lakh on the home loan interest every financial year. Additionally, she can get a rebate of Rs 1.5 lakh on the principal amount. If the woman is a co-owner, both the husband and wife can claim separate tax rebates, provided both have independent incomes. The tax rebate is based on the ownership share of each spouse in the property.
PMAY Women 2025: How to fill the PMAY online application?
- Interested women homebuyers should visit the official PMAY website at https://pmaymis.gov.in/ to apply.
-  Click on the ‘Citizen Assessment’ option and select ‘Apply Online’ from the drop-down menu. Four options will appear, and the woman beneficiary must select the one that applies to her eligibility.
- Enter the Aadhaar number, name, and other details, then click ‘Check’ to verify the Aadhaar details.
- Finally, the applicant must fill out the PMAY online form with the following information:
- Personal details
- Income details
- Address
- Bank account details
- Captcha
- Verify the entered information and submit.
PMAY Gramin 2025 for women
The survey to update the PMAYG Awaas Plus list is currently ongoing. Interested participants should download the PMAYG Awaas Plus app and update their details through the self-survey feature. You can scan the QR code below to download the app.
Housing.com POV
Under the Pradhan Mantri Awas Yojana, the government offers numerous benefits that provide women with financial independence and security. Women owners and co-owners can avail of benefits such as low stamp duty, tax rebates, no prepayment charges, and subsidies on home loan interest. Housing.com recommends that women who are eligible for the PMAY should fill out the application form without delay and secure a home for a better future.
FAQs
How does the PMAY scheme support women in rural areas?
PMAY supports women in rural areas through PMAY Gramin (PMAYG). Under this, a woman beneficiary from a rural area can avail of financial assistance through easy loan terms and subsidies for constructing or renovating her house. The government aims to construct 2 crore houses under PMAYG by 2029.
What is the specific income limit for women to avail PMAY benefits?
Women homebuyers must fall under the income categories of Economically Weaker Section (EWS), Lower Income Group (LIG), or Middle Income Group (MIG) to avail of PMAY benefits. The annual income limit for these categories ranges from Rs 3 lakh to Rs 18 lakh.
Can a woman be a homemaker or does she need to be a salaried employee to avail PMAY benefits?
A woman, whether a homemaker, salaried employee, or self-employed, can avail of PMAY benefits if she is the owner or co-owner of the housing unit purchased under the PMAY scheme.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
