PMAY or the Pradhan Mantri Awas Yojana is a CLSS (Credit Linked Subsidy Scheme) housing scheme directed towards providing affordable housing to the economically challenged section of society. Under this initiative, the beneficiaries are eligible to claim interest subsidy on loans borrowed for buying or constructing a house.
How to apply under the PMAY scheme to fulfil your dream home?
The PMAY scheme is a doorway to avail a home loan easily in India, that too with favourable subsidy rates. Have a look at the step-by-step method of PMAY application-
- Log in to the official PMAY portal using your username and password. You will also have to enter the shown captcha code correctly to proceed.
- After clicking on the ‘Citizen Assessment’ dropdown, choose the option ‘Benefits under other 3 components’.
- Enter your Aadhaar number correctly, and click on ‘Submit’.
- Your Aadhaar details would then be verified, after which you will be redirected to a new page.
- On the new page, you will have to enter all details, including your name, income, family, residential address, age, contact number, religion, caste, etc.
- After entering the details, type the given captcha code and click ‘Submit’.
You can also edit or rectify these details in case of mistyping errors using your application number and Aadhaar number. To make your house-purchase even more affordable, you can go through the guide to finding better home loan interest rates.
While applying for the PMAY scheme, applicants will also have to submit certain essential documents. This also includes records of IT returns. Knowing your tax liabilities and paying them on time is thus crucial. This is why government portals, as well as various other portals.
You can also enjoy a range of exciting and customised pre-approved offers on home loans, personal loans, education loans, and so on. Just mention some basic details of yours to view your pre-approved offers instantly.
