The Pradhan Mantri Awas Yojana (PMAY), a key government initiative in India, aims to bridge the urban housing gap for various income groups. To qualify for PMAY benefits and its financial assistance, individuals must fulfil specific eligibility criteria. Understanding these requirements is essential for potential beneficiaries to assess their qualification and navigate the application process effectively.
Latest News On PMAY Eligibility
Uttar Pradesh Budget: Allocation of Rs 2441 crore to PMAY (rural)
The Uttar Pradesh government has earmarked a sum of Rs 2441 crore for the Pradhan Mantri Awas Yojana (Rural) for the financial year 2024-25. During the budget announcement, Uttar Pradesh’s finance minister, Suresh Kumar Khanna, provided insights into the housing projects sanctioned under PMAY. He revealed that approximately 36 lakh 15 thousand houses have received approval from the central government. Among these sanctioned projects, roughly 34 lakh 14 thousand have been completed, while the rest are currently in progress.
MMR Ups The EWS Cap
PMAY Urban 2024: Your Complete Guide To The Housing Scheme
The Pradhan Mantri Awas Yojana (PMAY) Urban, launched by the Government of India, aims to provide affordable housing to urban poor households. As of 2024, PMAY Urban continues to play a pivotal role in reshaping urban housing, addressing the needs of millions across India. In this guide, we’ll explore its objectives, eligibility, progress, and …
The Central government has raised the income criteria for individuals falling under the Economically Weaker Section (EWS) in the Mumbai Metropolitan Region (MMR) under the Pradhan Mantri Awas Yojana–Urban (PMAY-U) from Rs 3 lakh to Rs 6 lakh. This enhancement in the income slab is aimed at broadening the eligibility and accessibility of affordable housing for EWS individuals.
However, in the recently concluded Mumbai MHADA lottery, where 4,082 houses were offered, applicants missed the chance to apply for PMAY houses as the income slab at that time was Rs 3 lakh. The decision to increase the income slab came after the lottery deadline, and it is expected to benefit EWS and LIG category applicants in future lotteries.
PMAY Eligibility Criteria For CLSS
The Credit Linked Subsidy Scheme (CLSS) under PMAY provides an interest subsidy on home loans for eligible individuals.
Example: For a 20-year loan at 10% annual interest, the following savings apply to a PMAY-eligible person.
| Beneficiary Category | Annual Income | Carpet Area of Dwelling Unit | Reduction in Monthly EMI | Overall Savings (in Rs) |
| EWS | Up to 3 lakh | 30 sq m | Rs 2500 | More than Rs 6 lakh |
| LIG | 3-6 lakh | 60 sq m | Rs 2500 | More than Rs 6 lakh |
| MIG-1 | 6-12 lakh | Up to 160 sq m | Rs 2250 | More than Rs 5.4 lakh |
| MIG-2 | 12-18 lakh | Up to 200 sq m | Rs 2200 | More than Rs 5.3 lakh |
Eligibility Criteria For Pradhan Mantri Awas Yojana
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Pradhan Mantri Awas Yojana (PMAY) is the primary housing scheme of the Indian Government, aimed at providing affordable housing to various segments of society, including the Economically Weaker Sections (EWS), Lower Income Group (LIG), and Middle Income Group (MIG). The objective of PMAY is to ensure ‘Housing for All’, encompassing both urban and rural areas.
Here are the eligibility criteria for Pradhan Mantri Awas Yojana:
1. PMAY is open to individuals belonging to the Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group I (MIG-I), and Middle Income Group II (MIG-II) categories.
2. Subsidies are provided on loans from housing finance organisations and banks, facilitated by central agencies such as the National Housing Bank (NHB) and Housing & Urban Development Corporation (HUDCO).
3. The subsidy amount depends on the applicant’s category and annual income.
4. Subsidies are applicable for owning, renovating, or constructing additional rooms, including bathrooms and kitchens.
5. A beneficiary of PMAY:
- Can include the husband, wife, and unmarried daughters/sons.
- Should not own a pucca house under their name or any other family member’s name across India.
- An adult earning member is considered a separate household, regardless of their marital status.
Eligibility Criteria For Pradhan Mantri Awas Yojana Based On Income
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The eligibility criteria for the Pradhan Mantri Awas Yojana (PMAY) varies according to different income categories. It’s important to note that households with an income exceeding Rs 18 lakh are not eligible to apply for the PMAY scheme.
Here are the income categories under PMAY:
- EWS (Economically Weaker Sections)
- LIG (Lower Income Group)
- MIG-I (Middle Income Group I)
- MIG-II (Middle Income Group II)
Eligibility Criteria For PMAY Beneficiaries
- Family Structure
A household, as defined by the Pradhan Mantri Awas Yojana, comprises a husband, wife, and unmarried children. To qualify for the scheme, the applicant and their family members should not possess a pucca house in their name anywhere in India.
- Property Ownership
Individuals owning a pucca house with a size less than 21 square metres may be considered for assistance to enhance their existing dwelling.
- Age Consideration
Adult earning members within a family form a distinct household, making them eligible beneficiaries, regardless of their marital status.
- Marital Status
In the case of married couples, either spouse or both jointly may qualify for a single house, contingent upon meeting the household’s income eligibility criteria specified in the scheme.
- Categorisation
Beneficiaries falling under the Economically Weaker Sections (EWS) category are entitled to assistance across all four components of the program. However, beneficiaries from the Lower Income Group (LIG) and Middle Income Group (MIG) are eligible solely for the Credit Linked Subsidy Scheme (CLSS) component. Additionally, individuals from Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), and women in the EWS and LIG categories are also eligible for benefits under the Pradhan Mantri Awas Yojana.
Pradhan Mantri Awas Yojana (PMAY) Eligibility Criteria For EWS & LIG
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PMAY aims to provide affordable housing to the economically weaker sections of society, and its eligibility criteria are tailored accordingly to safeguard the rights of impoverished citizens in need of affordable housing. Acquiring one’s own home can be financially challenging, particularly in India, but the PMAY scheme now enables EWS and LIG categories to pursue homeownership.
Key eligibility criteria for EWS and LIG categories under PMAY include:
- Annual income of up to Rs. 3 lakhs for EWS and up to Rs. 6 lakhs for LIG applicants.
- A maximum subsidy of up to Rs. 2.67 lakhs is permitted for eligible applicants.
- The interest subsidy is provided for a 20-year tenure at a rate of 6.5%.
- The subsidy is applicable only for loans up to Rs. 6 lakhs, beyond which non-subsidized rates apply.
- Substantial reductions in home loan rates and EMIs are experienced, as the subsidy is credited in advance to the beneficiary’s loan account.
Applying For The PMAY Scheme
It’s essential to keep the following points in mind:
- An Aadhaar card is mandatory for the application process.
- Applicants should not have availed financial assistance from either the Central or State Government of India under any housing scheme previously.
- The property must be co-owned by a female member of the family.
- The location of the property should fall within permitted towns and their nearby planning areas, as per the 2011 census.
For EWS & LIG Categories:
- Type: Construction/Extension/Purchase
- Purpose of Loan: Up to Rs 3 lakh (EWS) and Up to Rs. 6 lakh (LIG)
- Household Income (Rs): As specified
- Subsidy Interest: 6.50%
- Max. Loan Tenure: 20 years
- Max. Interest Subsidy Amount: Rs. 2.67 lakh
- Women Ownership: Yes
Exclusion Criteria For PMAY Beneficiaries:
- Ownership of motorised vehicles, two-wheelers, three-wheelers, or agricultural equipment.
- Possession of a Kisan Credit Card (KCC) with a limit equal to or greater than Rs. 50,000.
- Households with at least one member in government service earning more than Rs. 10,000 per month.
- Payment of property tax, ownership of a refrigerator, or a landline phone connection.
For MIG-I & MIG-II Categories:
- Type: Construction/Purchase
- Purpose of Loan: Rs. 6-12 lakh (MIG-I) and Rs. 12-18 lakh (MIG-II)
- Household Income: As specified
- Subsidy Interest: 4.00% (MIG-I) and 3.00% (MIG-II)
- Max. Loan Tenure: 20 years
- Max. Interest Subsidy Amount: Rs. 2.35 lakh (MIG-I) and Rs. 2.30 lakh (MIG-II)
- Women Ownership: No
Additionally, applicants must have an annual income between Rs. 6 – Rs. 12 lakh for MIG-I and between Rs. 12 – Rs. 18 lakh for MIG-II. An Aadhaar card remains mandatory for the application process.