Things to consider before applying to Pradhan Mantri Awas Yojana for home loan

 Pradhan Mantri Awas Yojana (PMAY scheme) is an initiative of the Central Government of India headed by PM Narendra Modi. It was launched in 2015 to help the poor population get into their own pucca home across India. Anyone or family not having any pucca home anywhere in India can apply under the PMAY scheme. This way, they can pocket home loan interest rate subsidy of up to 6.5% or Rs.2.67 lakh as per their income group. However,...

Read More

Know How to Complete your Dream of Owning a House Using PMAY

It is the dream of everyone to have their own home. But not everyone is able to achieve it. It is because the cost of investing in a home is not under the budget of all. But if you still don’t have a pucca home in India, you can now fulfil your wish today. All that you have to do is – apply for a home loan and enjoy an interest subsidy under PMAY. PMAY stands for the Pradhan Mantri Awas Yojana. It was launched by PM Narendra Modi in...

Read More