PMAY: All about Pradhan Mantri Awas Yojana


Housing.com News delves into every aspect of the centre’s flagship Pradhan Mantri Awas Yojana (PMAY) scheme, through which it plans to provide ‘Housing for All by 2022’

What is PMAY?

Launched on June 1, 2015, the PM Awas Yojana targets to eliminate India’s housing shortage by focusing on urban, as well as rural areas. It  has two components – PMAY Urban and PMAY Rural – which are formally known as the Pradhan Mantri Awas Yojana-Shahri and the Pradhan Mantri Awas Yojana-Gramin.

 

PMAY: The premise

Even though successive governments at the centre have been launching schemes meant to solve India’s housing problem since the 1990s (for example, the Indira Awas Yojana of 1990 and the Rajiv Awas Yojana of 2009), the prime minister Narendra Modi-led government announced a decentralised programme in 2015, under which the government promised to provide housing to every citizen in India. We know this ambitious scheme as the Pradhan Mantri Awas Yojana or PMAY.

Find out how to fill Pradhan Mantri Awas Yojana Online Form 

Also read our guide on how to check PMAY status.

 

Pradhan Mantri Awas Yojana beneficiaries 

The beneficiaries under the PMAY list are divided into four categories, based on the annual income of the household.

Beneficiary Annual income of the household
Economically Weaker Section (EWS) Up to Rs 3 lakhs
Lower Income Group (LIG) Rs 3 lakhs to Rs 6 lakhs
Middle Income Group-1 (MIG-1) Rs 6 lakhs to Rs 12 lakhs
Middle Income Group-2 (MIG-2) Rs 12 lakhs to Rs 18 lakhs

Source: Housing Ministry

 

Who can be a beneficiary of PMAY scheme?

  • A family of husband, wife and unmarried children are considered a household, according to the parameters set under the Pradhan Mantri Aawas Yojana. A beneficiary applying for benefits under this scheme should not own a pucca house, either in his name or in the name of any member of his family, in any part of India.
  • People with a pucca house of less than 21 sq metres may be included under enhancement of the existing house.
  • Adult earning members of a family are considered a separate household and thus, a beneficiary of the scheme, irrespective of their marital status.
  • In the case of married couples, either of the spouses or both together in joint ownership, will be eligible for a single house, provided they meet the income eligibility criteria of the household under the scheme.
  • The beneficiaries from the EWS category are eligible for assistance in all four verticals of the missions, whereas the LIG/MIG category is eligible under only the CLSS component of the mission.
  • People belonging to the SC, the ST and the OBC categories and women belonging to the EWS and the LIG are also eligible to avail of benefits under the Pradhan Mantri Awas Yojana.

See also: How to use PMAY CLSS tracker portal to track application status

 

PMAY Gramin aka PMAY Rural

To address the housing shortage in rural areas, where a large part of India’s population still lives, in spite of the tremendous urbanisation in this agriculture-centric economy, the union government restructured the Indira Awas Yojana (IAY) into the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), with effect from April 1, 2016, after certain gaps were identified during the concurrent evaluations and the performance audit by the Comptroller and Auditor General of India (CAG) in 2014.

The PMAY-G (or PMAY Rural) programme aims to replace the kuccha homes (dwellings made of mud, using straw-like materials for thatching, which are not appropriate to live in, in extreme weather conditions) in India’s villages, with pucca homes (dwellings made of enduring materials like brick, cement and iron, etc., which provide protection against all weather and which have a long life span).

 

Number of homes built under PMAY Gramin

According to data provided by the Housing Ministry in 2019, it takes 114 days on an average, to construct a house under this scheme. So far, 1.26 crore houses have already been built across India under the PMAY-G scheme.

Under the PMAY-G, a beneficiary is given 100% grant of Rs 1.20 lakhs in plain areas and Rs 1.30 lakhs in hilly states, north-eastern states, difficult areas, Jammu and Kashmir and Ladakh, etc., to build a pucca house. The minimum size of the houses to be built under the PMAY-G scheme has been fixed at 25 sq metres.

Beneficiaries of the PMAY-G are also provided support of unskilled labour wages under the MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme) and an additional assistance of Rs 12,000 for construction of toilets under the Swachh Bharat Mission-Gramin (SBM-G).

 

10 important facts to know about the PMAY

 

PMAY Shahri aka PMAY Urban

Launched on June 25, 2015, the PMAY Urban mission aims to end housing shortage in India’s urban areas, by ensuring a pucca house to all eligible households by 2022, when India completes 75 years of its independence. All in all, the government plans to build 20 million homes under the PMAY-U mission.

 

Number of homes sanctioned under PMAY-U till 2021

Till June 2021, the total number of sanctioned houses under the PMAY-U stood at 112.4 lakhs and the ground work for 82.5 lakh units had been laid. Of this, 48.31 lakh homes have been completed/delivered. The total investment under the PMAY-U is Rs 7.35 lakh crores, which has central assistance of Rs 1.81 lakh crores, of which funds to the tune of Rs 96,067 crores has been released.

 

Phases of Pradhan Mantri Awas Yojana

The scheme will be executed in three phases:

Stage Phase-1 Phase-2 Phase-3
Start date January 4, 2015 January 4, 2017 January 4, 2019
End date January 3, 2017 January 3, 2019 January 3, 2022
Cities covered 100 200 Remaining cities

Source: Housing Ministry

 

Carpet area limit under PMAY for beneficiaries

The carpet area of houses under the PMAY scheme should be between 30 and 60 sq metres for beneficiaries belonging to the EWS and LIG categories. The carpet area of a house under the PMAY scheme should be up to 160 sq metres for MIG-I beneficiaries and up to 200 sq metres for MIG-II beneficiaries.

 

Borrower category EWS LIG MIG-1 MIG-2
Carpet area cap on the house to get PMAY CLSS subsidy Up to 30 sq metres Up to 60 sq metres Up to 160 sq metres Up to 200 sq metres

Source: Housing Ministry

 

Under the government’s rules, carpet area is defined as ‘the net usable floor area of an apartment, including the area covered by internal partition walls of the apartment but excluding the area covered by the external walls’.

To have a clearer understanding of the term, read our guide on carpet area.

 

Components/verticals of PMAY

The ambitious target under the Prandhan Mantri Awas Yojana to provide ‘Housing for all by 2022’ is envisaged to be achieved through four verticals of the scheme. These include:

  1. In-situ Slum Redevelopment (ISSR): Stands for rehabilitation of slums by building houses through private participation for the eligible slum dwellers on the land under the slums.
  2. Credit-Linked Subsidy Scheme (CLSS): Provides for central subsidy on home loans of between Rs 6 lakhs and Rs 12 lakhs at lower rates of interest, for the construction of new homes or renovation of existing homes.
  3. Affordable Housing in Partnership (AHP): States to build affordable housing projects with central assistance of Rs 1,50,000, either through central agencies or in partnership with the private sector for the EWS category.
  4. Beneficiary-led individual house construction/enhancements (BLC): Makes provisions that people belonging to the EWS category can either construct a new house or enhance the existing house on their own with central assistance of Rs 1,50,000.

 

PMAY Credit-Linked Subsidy Scheme (CLSS)

Under the Credit-Linked Subsidy Scheme (CLSS), borrowers can get a certain amount from their overall home loan at subsidised rates, depending on the buyer category they fall in.

  • Those with income of up to Rs 3 lakhs fall under the EWS category of buyers as defined under the PMAY and get an interest subsidy of 6.5% on a loan amount of up to Rs 6 lakhs.
  • Those with income between Rs 3 lakhs and Rs 6 lakhs fall under the LIG category of buyers as defined by the PMAY and get an interest subsidy of 6.5% on a loan amount of up to Rs 6 lakhs.
  • Those with income between Rs 6 lakhs and Rs 12 lakhs fall under the MIG-1 category of buyers as defined by the PMAY and get an interest subsidy of 4% on a loan amount of up to Rs 9 lakhs.
  • Those with annual income between Rs 12 lakhs and Rs 18 lakhs fall under the MIG-2 category of buyers as defined by the PMAY and get an interest subsidy of 3% on a loan amount of up to Rs 12 lakhs.

 

PMAY interest subsidy under CLSS

Buyer category Interest subsidy/ annum Upper limit for loan for which subsidy is given
EWS 6.50% Rs 6 lakhs
LIG 6.50% Rs 6 lakhs
MIG -1 4.00% Rs 9 lakhs
MIG-2 3.00% Rs 12 lakhs

Source: Housing Ministry

 

  1. Note that any additional loans beyond the subsidised loan amount, will be at non-subsidised rates.
  2. Also note that the loans should have been used either for purchase of an under-construction property or from the secondary market or to construct your own home.
  3. Under the PMAY guidelines, the house bought by availing of a loan under this scheme, should be in the name of the woman of the household for the EWS and LIG categories. Ownership by women is not mandatory in case a unit is being developed using a land parcel.

 

PMAY subsidy calculator

Using the PMAY subsidy calculator at the official portal, https://pmayuclap.gov.in/content/html/Subsidy-Calc.html, you can know the exact amount of money you will receive from the government as the subsidy under the CLSS. To calculate the amount, you will have to key in details like your annual income, loan amount, loan tenure, type of units (whether pucca or kuccha), ownership type (women ownership is a must in EWS and LIG homes) and area of the unit.

Apart from displaying the subsidy amount, the page will also display the subsidy category, i.e., EWS, LIG, MIG-1 or MIG-2.

 

PMAY

 

Subsidy amount under PMAY for various categories

Depending on the category they come from, borrowers get different subsidies on their housing loans under the PMAY CLSS.

 

Borrower category EWS LIG MIG-1 MIG-2
PMAY CLSS subsidy amount Rs 2.20 lakhs Rs 2.67 lakhs Rs 2.35 lakhs Rs 2.30 lakhs

Source: Housing Ministry

 

What is the maximum subsidy you can get under PMAY?

The maximum subsidy under the PMAY scheme is Rs 2.67 lakhs (Rs 2,67,280 to be exact).

 

PMAY home loan subsidy benefit timeline

For the EWS and LIG categories, the subsidy benefit is available on home loans that are disbursed on or after June 17, 2015. In case of MIG-1 and MIG-2 categories, the subsidy benefit is available on home loans that are disbursed on or after April 1, 2017.

 

How the subsidy under PMAY reaches you?

Once your application for subsidy under the PMAY programme is approved, funds are transferred from the central nodal agency (CNA) to the bank (referred to as prime lending institutions or PLI in government documents) from where the beneficiary has borrowed his home loan. The bank will then credit this amount to the home loan account of the borrower. This money will then be deducted from your outstanding home loan principal. So if you have received Rs 2 lakhs as the PMAY subsidy and your outstanding loan amount is Rs 30 lakhs, it would reduce to Rs 28 lakhs after the subsidy.

See also: How does the PMAY interest subsidy scheme for EWS and LIG work?

 

Helpline numbers to inquire about CLSS

NHB toll-free number

1800-11-3377

1800-11-3388

 

HUDCO toll-free number

1800-11-6163

 

How to apply for the PM Awas Yojana online in 2022?

First of all, remember that only a candidate with an Aadhaar card can apply for the benefits of the PMAY scheme. To apply online, keep your Aadhaar number handy and visit the PMAY portal at https://pmaymis.gov.in.

On the homepage, click on the ‘apply online’ option under the ‘citizen assessment’ tab. Now, select one among the four verticals for which you want to apply.

 

Pradhan Mantri Awas Yojana

 

If you are applying for the CLSS subsidy, your application must be submitted to your home loan provider.

 

How to apply offline for PMAY in 2022?

Eligible candidates can obtain and fill forms in this regard available at common service centres (CSCs). They have to pay a nominal fee of Rs 25 plus GST on purchase of the PMAY subsidy form. CSCs are the access point to avail of essential public utility services in rural parts of India.

 

Last date to apply for PMAY CLSS subsidy

In May 2020, finance minister Nirmala Sitharaman said the last date of the Pradhan Mantri Awas Yojana Credit-Linked Subsidy Scheme for the MIG-1 and MIG-2 categories had been extended till March 31, 2021. For the LIG and EWS categories, however, the last date is March 31, 2022.

 

Time taken to get the subsidy amount from PMAY

It takes nearly three to four months for an application to be processed.

 

Can existing home loan borrowers get subsidy under PMAY CLSS in 2021?

In case they meet the terms and conditions, home buyers who are currently servicing a home loan, can avail of the PMAY CLSS subsidy in 2021. However, one must also recall that the subsidy benefit is available on home loans that are disbursed on or after June 17, 2015, if the borrower is from the EWS or LIG categories. In case of MIG-1 and MIG-2 categories, the subsidy benefit is available on home loans that are disbursed on or after April 1, 2017.

 

PMAY home loan: Important points to remember

  1. All home loan accounts under the PMAY scheme will be linked to the Aadhaar numbers of the beneficiary.
  2. The subsidy is available for a maximum tenor of 20 years only.
  3. The lender from where you have taken a home loan will charge an interest rate that is prevailing at the bank.
  4. If you switch your lender to avail of benefits of low interest rates, even though you have already availed of the interest subvention benefit under the CLSS, then, you will not be eligible for the interest subvention benefit again.

 

How to check PMAY subsidy status?

You can check your PMAY application status by following some simple steps. To check your PMAY status online, read our step-by-step guide on How to track your PMAY application status?

 

How to download the PMAY application form?

Visit the official website of the PMAY and click on the ‘Citizen Assessment’ option. From the drop-down menu, select ‘Track Your Assessment Status’.

Once you click on this option, you will get the Track Assessment Form. Select either ‘By Name, Father’s Name and Mobile Number’ or ‘By Assessment ID’.

Enter the required details and click on ‘Submit’ to access the application form. Once the form appears on the screen, click on ‘Print’.

 

Banks offering home loans under PMAY

  • SBI
  • Punjab National Bank
  • Bank of Baroda
  • HDFC Bank
  • ICICI Bank
  • Axis Bank
  • IDFC First Bank
  • Bandhan Bank
  • Bank of India
  • IDBI Bank
  • Canara Bank

 

Key facts about PMAY

Full form of CNAs in PMAY context

The term CNA stands for central nodal agency. In case of PMAY, National Housing Bank (NHB), HUDCO and SBI have been appointed as the central nodal agencies.

Process to get the assessment ID for PMAY

The assessment ID for the PMAY is generated by the official PMAY portal, after an applicant successfully completes the registration process. This ID is used to track the status of the application.

 

Banks eligible to provide PMAY home loan

A large number of banks, housing finance companies, regional rural banks, cooperative banks and non-banking finance companies (NFCs) have tied up with the central nodal agencies, HUDCO, SBI and NHB, to offer home loans under various verticals of the PMAY. Formally christened as the primary lending institutions (PLIs) under the official PMAY documentation, these financial institutions, which are as large as 244 in number according to official figures provided in 2017, also offer individual home buyers with the credit-linked subsidy, among other loans under the programme. Listed below are the top state-run and private lenders offering credit subsidy on home loans under the PMAY programme.

 

Top public banks from where you can get PMAY subsidy

Bank Website Associated central nodal agency
State Bank of India www.sbi.co.in NHB
Punjab National Bank www.pnbindia.in NHB
Allahabad Bank www.allahabadbank.in NHB
Bank of Baroda www.bankofbaroda.co.in NHB
Bank of India www.bankofindia.com NHB
Bank of Maharashtra www.bankofmaharashtra.in NHB
Canara Bank www.canarabank.in NHB
Central Bank of India www.centralbankofindia.co.in HUDCO
Corporation Bank www.corpbank.com NHB
Dena Bank www.denabank.co.in NHB
IDBI Bank www.idbi.com NHB
Indian Bank www.indian-bank.com NHB
Indian Overseas Bank www.iob.in NHB
Oriental Bank of Commerce www.obcindia.co.in NHB
Punjab & Sind Bank www.psbindia.com NHB
Syndicate Bank www.syndicatebank.in NHB
UCO Bank www.ucobank.com NHB
Union Bank of India www.unionbankonline.co.in NHB
United Bank of India www.unitedbankofindia.com NHB
Vijaya Bank www.vijayabank.com HUDCO

 

Top private banks from where you can get PMAY subsidy

Bank Website Associated central nodal agency
Axis Bank www.axisbank.com NHB
ICICI Bank www.icicibank.com NHB
HDFC Bank www.HDFC.com NHB
Kotak Mahindra Bank www.kotak.com NHB
LIC Housing Finance www.lichousing.com NHB
Karnataka Bank www.karnatakabank.com NHB
Karur Vysya Bank www.kvb.co.in NHB
IDFC Bank www.idfcbank.com NHB
Jammu & Kashmir Bank www.jkbank.net HUDCO
Bandhan Bank www.bandhanbank.com NHB
Dhanlaxmi Bank www.dhanbank.com HUDCO
Deutsche Bank AG www.deutschebank.co.in NHB
South Indian Bank www.southindianbank.com HUDCO
Lakshmi Vilas Bank www.lvbank.com NHB
Aadhar Housing Finance www.aadharhousing.com NHB
Aditya Birla Housing Finance www.adityabirlahomeloans.com NHB
Bajaj Housing Finance www.bajajfinserv.in NHB
PNB Housing Finance www.pnbhousing.com NHB

 

List of state-level nodal agencies for PMAY-U

State Organisation Address Email ID
Andaman & Nicobar Islands UT of Andaman & Nicobar Islands Municipal Council, Port Blair – 744101 jspwdud@gmail.com
Andhra Pradesh Andhra Pradesh Township Infrastructure Development Corporation Limited Flat no 502, Vijaya Lakshmi Residency, Gunadhala, Vijayawada – 520004 aptsidco@gmail.com

mdswachhandhra@gmail.com

Andhra Pradesh Andhra Pradesh State Housing Corporation Limited AP State Housing Corporation Ltd, Himayatnagar, Hyderabad – 500029 apshcl.ed@gmail.com
Arunachal Pradesh Government of Arunachal Pradesh Department of Urban Development and Housing, Mob-II, Itanagar chiefengineercumdir2009@yahoo.com

cecumdirector@udarunachal.in

Assam Government of Assam Block A, Room no 219, Assam Secretariat, Dispur, Guwahati – 781006 directortcpassam@gmail.com
Bihar Government of Bihar Urban Development and Housing Department, Vikash Bhavan, Bailey Road, New Sectt, Patna – 15, Bihar sltcraybihar@gmail.com
Chandigarh Chandigarh Housing Board Sec 9D, Chandigarh, 160017 chb_chd@yahoo.com

info@chb.co.in

Chhattisgarh Government of Chhattisgarh Mahanadi Bhawan, Mantralaya D Naya Raipur, Chhattisgarh, Room no S-1/4 pmay.cg@gmail.com
Dadra & Nagar Haveli and Daman & Diu UT of Dadra & Nagar Haveli and Daman & Diu Secretariat, Silvassa, 396220 devcom-dd@nic.in
Dadra & Nagar Haveli UT of Dadra & Nagar Haveli Secretariat, Silvassa, 396220 pp_parmar@yahoo.com
Goa Goa government GSUDA 6th Floor, Shramshakti Bhavan, Patto – Panaji gsuda.gsuda@yahoo.com
Gujarat

 

Gujarat government Affordable Housing Mission, New Sachivalya, Blk no 14/7, 7th floor, Gandhinagar – 382010 gujarat.ahm@gmail.com

mis.ahm2014@gmail.com

Haryana

 

State Urban Development Agency Bays 11-14, Palika Bhavan, Sector 4, Panchkula – 134112, Haryana suda.haryana@yahoo.co.in
Himachal Pradesh Directorate of Urban Development Palika Bhavan, Talland, Shimla ud-hp@nic.in
Jammu & Kashmir J&K Housing Board Jkhousingboard@yahoo.com

raysltcjkhb@gmail.com

Jharkhand Urban Development Department 3rd floor, Room No 326, FFP Building, Dhurwa, Ranchi, Jharkhand, 834004 jhsltcray@gmail.com

director.ma.goj@gmail.com

Kerala State Poverty Eradication Mission TRIDA Building, JN Medical College, PO Thiruvananthapuram uhmkerala@gmail.com
Madhya Pradesh Urban Administration and Development GoMP Palika Bhawan, Shivaji Nagar, Bhopal, 462016 addlcommuad@mpurban.gov.in

mohit.bundas@mpurban.gov.in

Maharashtra

 

Maharashtra government Griha Nirman Bhawan, 4th Floor, Kalanagar, Bandra (East), Mumbai 400051 mhdirhfa@gmail.com

cemhadapmay@gmail.com

Manipur Government of Manipur Town Planning Department, Government of Manipur, Directorate Complex, North AOC, Imphal – 795001 hfamanipur@gmail.com

tpmanipur@gmail.com

Meghalaya Government of Meghalaya Raitong Building , Meghalaya Civil Secretariat, Shillong, 793001 duashillong@yahoo.co.in
Mizoram Urban Development & Poverty Alleviation Directorate of Urban Development and Poverty Alleviation, Thakthing Tlang, Aizawl, Mizoram, Pin: 796005 hvlzara@gmail.com
Nagaland

 

 

Nagaland government Municipal Affairs Cell, AG Colony, Kohima – 797001 zanbe07@yahoo.in
Odisha Housing & Urban Development Department 1st Floor, State Secretariat, Annex – B, Bhubaneswar – 751001 ouhmodisha@gmail.com
Puducherry Government of Puducherry Town & Country Planning Department, Jawahar Nagar, Boomianpet, Puducherry – 605005 tcppondy@gmail.com
Punjab Punjab Urban Development Authority PUDA Bhavan, Sector 62, SAS Nagar, Mohali, Punjab office@puda.gov.in

ca@puda.gov.in

Rajasthan Rajasthan Urban Drinking Water, Sewerage & Infrastructure Corporation Ltd (RUDSICO)

 

4-SA-24, Jawahar Nagar, Jaipur hfarajasthan2015@gmail.com
Sikkim Government of Sikkim Department of UD & Housing, Government of Sikkim, NH 31A, Gangtok, 737102 gurungdinker@gmail.com
Tamil Nadu Government of Tamil Nadu Tamil Nadu Slum Clearance Board, No 5 Kamarajar Salai, Chennai – 600005 raytnscb@gmail.com
Telangana Government of Telangana Commissioner and Director of Municipal Administration, 3rd Floor, Ac Guards Public Health, Lakdikapool, Hyderabad tsmepma@gmail.com
Tripura Government of Tripura Directorate Of Urban Development, Government of Tripura, Pt. Nehru Complex, Gorakha Basti, 3rd Floor, Khadya Bhawan, Agartala. Pin: 799006 sipmiutripura@gmail.com
Uttarakhand Directorate of Urban Development State Urban Development Authority, 85A, Motharawala Road, Ajabpur kalan, Dehradun pmayurbanuk@gmail.com
Karnataka Government of Karnataka 9th Floor, Vishweshwaraiah Towers, Dr Ambedkar Veedhi, Bangalore, 560001 dmaray2012@gmail.com
West Bengal State Urban Development Authority ILGUS Bhaban, Block HC Block, Sector 3, Bidhannagar, Kolkata – 700106 wbsuda.hfa@gmail.com
Uttar Pradesh State Urban Development Agency (SUDA) Navchetna Kendra, 10, Ashoka Marg, Lucknow 226002 hfaup1@gmail.com

(Source: PMAY website)

 

FAQs

Is home ownership affordable in India?

It is difficult to say that housing is affordable in India. However, easier access to mortgage finance, longer loan tenures, higher loan-to-value ratios and tax incentives have made home ownership slightly more affordable.

Did India have a low-cost housing scheme for its poor prior to PMAY?

While efforts to provide low cost housing have been made for many years (National Housing Policy, 1994; Jawaharlal Nehru National Urban Renewal Mission, 2005; Rajiv Awas Yojana 2013), the Pradhan Mantri Awas Yojana (PMAY) launched in 2015, with the aim to provide ‘Housing for All by 2022’, provided a fresh impetus to the segment. It has two components – the PMAY Urban (PMAY-U) and the PMAY-Gramin (PMAY-G).

Is Jawaharlal Nehru National Urban Renewal Mission, 2005 still active?

No, the PMAY-U, launched in 2015, subsumes all the previous urban housing schemes and aims to address the urban housing shortage of 20 million by 2022.

 

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