Showing posts with label home loans. Show all posts
Showing posts with label home loans. Show all posts

Friday, 5 March 2021

What is PMAY? Know the Facts About its Subsidy

Pradhan Mantri Awas Yojana is an affordable housing scheme introduced by the Government of India in 2015. The aim of this scheme is to provide affordable housings to every Indian. Under this scheme, individuals will receive a subsidy on the home loan availed for the construction of new homes or renovation of an existing one.Home loan subsidy available under this scheme for the middle-income group is limited to 3% on a loan amount of up...