Contents
What is Pradhan Mantri Awas Yojana (PMAY) ?
Pradhan Mantri Awas Yojana (PMAY) is a Government Scheme backed by Credit Linked Subsidy Scheme (CLSS) which aims to provide affordable housing for all Indians by 2022. This mission has been implemented from June 2015. Pradhan Mantri Awas Yojana housing scheme is only available for Economically Weaker Section (EWS)/Lower Income Group (LIG) and Middle Income Group (MIG) individuals only. This scheme will provide interest subsidy on construction/extension/purchase/improvement of house is provided to the individuals. Thus, the scheme is to encourage individual and to promote sustainable and affordable housing for all.
Pradhan Mantri Awas Yojana (PMAY) Features/Benefits
- Interest Subsidy Benefit – Interest subsidy benefit for Pradhan Mantri Awas Yojana (PMAY) scheme can be availed up to ₹2.67 Lakh. The Interest subsidy benefit for housing loan is up to 6.5%. It will vary on basis income slabs.
- Longer Loan Repayment Tenure – With low repayment instalments individual can benefit longer loan repayment tenure up to 20 years.
- No Limit on Loan Amount – The scheme does not specify the limit on the loan amount. Thus, individual can take loan as per their need to repay in term loans.
- Additional Loans at Non-Subsidised Rate – Individual can get additional loans at non-subsidised rate but the lender will charge a normal processing fee.
- Benefits for Women/Senior Citizen/Minorities – Under this PMAY scheme women can get the benefit of home ownership or co-ownership for the property under EWS/LIG categories and optional for MIG categories. Senior Citizens, transgender, widows, disabled, salaried women can get the preference under this scheme by assuring home on ground floor for accommodation.
- Sustainable & Eco-Friendly Technology – The houses built under this PMAY scheme will be constructed using eco-friendly and sustainable technology. This will help to reduce environmental pollution with minimal damage around the construction.
Pradhan Mantri Awas Yojana (PMAY) Objectives
- To provide affordable housing for all by year 2022
- Slum Redevelopment & Rehabilitation of slum dwellers using the land as a resource with participation of private developers.
- To promote affordable housing for weaker section through Credit Linked Subsidy Scheme (CLSS)
- Partnering with Public & Private sectors to provide affordable housing.
- To provide subsidy for beneficiary-led individual for house construction/enhancement/improvements.
- To help minorities with affordable housing for Scheduled Castes and Scheduled Tribes.
Pradhan Mantri Awas Yojana Implementation
1. “In situ” Slum Redevelopment
- Using land as a resource
- With private participation
- Extra FSI/TDR/FAR if required to make projects financially viable
2. Affordable Housing through Credit Linked Subsidy
- Interest subvention subsidy for EWS and LIG for new house or incremental housing
- EWS: Annual Household Income Up to Rs.3 lakh and house sizes upto 30 sq.m
- LIG: Annual Household Income Between Rs.3-6 lakhs and house sizes upto 60 sq.m
3. Affordable Housing in Partnership
- With private sector or public sector including Parastatal agencies
- Central Assistance per EWS house in affordable housing projects where 35% of constructed houses are for EWS category
4. Subsidy for beneficiary-led individual house construction
- For individuals of EWS category requiring individual house
- State to prepare a separate project for such beneficiaries
- No isolated/ splintered beneficiary to be covered
Phases of Pradhan Mantri Awas Yojana (PMAY)
There will be 3 Phases for Pradhan Mantri Awas Yojana (PMAY) scheme as follows:
Phase 1 PMAY – Will be covering 100 cities in selected states and UTs from April 2015 to March 2017.
Phase 2 PMAY – Will be covering 200 additional cities from April 2017 to March 2019.
Phase 3 PMAY – Will be covering remaining cities from April 2019 to March 2022.
Pradhan Mantri Awas Yojana – Urban (PMAY-U)
Pradhan Mantri Awas Yojana (Urban) or PMAY (U) launched in 2015 is a scheme by Central Government of India with the mission to provide affordable housing for all income groups in urban areas between years 2015 to 2022.
| Features | MIG I | MIG II |
| Subsidy Interest Rate | 4.00% | 3.00% |
| Maximum Carpet Area of a Dwelling Unit | 160 sq mt | 200 sq mt |
| Maximum Subsidy Amount | ₹ 2.35 Lakh | ₹ 2.30 Lakh |
| Maximum Home Loan Quantum for Subsidy | ₹ 9 Lakh | ₹ 12 Lakh |
| Maximum Home Loan Tenure | 20 Years | 20 Years |
| NPV | 9% | 9% |
How to Check Pradhan Mantri Awas Yojana (PMAY) Urban List?
Step 1 – To check if the individual is selected, you have to visit the PMAY official website – https://pmaymis.gov.in/
Step 2 – You need to select “Search by Name” option from the menu of “Search Beneficiary”.
Step 3 – You need to enter Aadhaar number and click on “Show” button to proceed.
Step 4 – PMAY list with results will appear and individual has to find in with their name.
Pradhan Mantri Awas Yojana – Gramin (PMAY-G)
Pradhan Mantri Awas Yojana (Gramin) or PMAY (G) launched in 2015 is the communal welfare scheme by the Central Government of India with the mission to provide ‘pucca housing’ with some basic amenities for those who are living in ‘kutcha housing’ in parts of rural areas of India, by the year 2022.
| Features | EWS | LIG |
| Subsidy Interest Rate | 6.50% | 6.50% |
| Maximum Carpet Area of a Dwelling Unit | 30/60 sq mt | 30/60 sq mt |
| Maximum Subsidy Amount | ₹ 2.20 Lakh | ₹ 2.67 Lakh |
| Maximum Home Loan Quantum for Subsidy | ₹ 6 Lakh | ₹ 6 Lakh |
| Maximum Home Loan Tenure | 20 Years | 20 Years |
| NPV | 9% | 9% |
How to Check Pradhan Mantri Awas Yojana (PMAY) Rural List?
Check PMAY Gramin List with registration number
With Registration Number
Applicants applied for PMAY-Gramin (Rural) Scheme would have received a registration number when his/her application is accepted. To search follow these steps:
Step 1 – You have to visit PMAY Gramin official website https://rhreporting.nic.in/netiay/Benificiary.aspx
Step 2 – Enter the registration number provided.
Step 3 – If applicant details is on the list, they can further check the details.
Without Registration Number
If the applicant does not have any access to his/her registration number or lost can check without registration number as follows.
Step 1 – You have to visit PMAY Gramin official website https://rhreporting.nic.in/netiay/Benificiary.aspx
Step 2 – Click on “Advanced Search” button to proceed.
Step 3 – Enter in the details required in the form and click “Submit” to proceed.
Step 4 – If individual details is on the list, they can further check the details
Eligibility Criteria for Pradhan Mantri Awas Yojana (PMAY)
- The beneficiary must have defined annual household income which must fall under any one of the 4 income categories.
- The beneficiary family should not own a pucca house in either his/her name or in any other family member name in any part of India.
- For married couple, single subsidy can be availed either of the spouse or both together in joint ownership providing they meet the income eligibility.
- The beneficiary family should not have availed any other housing scheme or under PMAY scheme.
- Aadhar is required and mandatory falling under MIG category.
| Section | Annual Family Income | Maximum Carpet Area of a Dwelling Unit |
| EWS | ₹ 3 Lakh | 30/60 sq mt |
| LIG | ₹ 6 Lakh | 30/60 sq mt |
| MIG I | ₹ 6 Lakh to ₹ 12 Lakh | 160 sq mt |
| MIG II | ₹ 12 Lakh to ₹ 18 Lakh | 200 sq mt |
Documents Required for Pradhan Mantri Awas Yojana (PMAY)
Salaried Applicants
- Application Form – Duly Filled with signatures
- Proof of Identity – PAN Card/ Passport/Driving Licence/Voter ID
- Proof of Address – Leave and License/Registered Rent Agreement/Utility Bill/Passport
- Proof of Income – 6 Months Payslip, 2 years Form 16, 6 Months bank Statement of Salary Credit, ITR (Last 2 Years)
- Proof of Property – Sales Deed, Conveyance Deed, Possession Letter, Allotment Letter, Property Tax Receipt, Sanction Letter of Construction or Extension
Note: This is indicative, original documents are required for verification purpose only.
Self Employed/Business Applicants
- Application Form – Duly Filled with signatures
- Proof of Identity – PAN Card/Passport/Driving Licence/Voter ID
- Proof of Address – Leave and License/Registered Rent Agreement/Utility Bill/ Passport
- Proof of Business – Business Address Proof, ITR (Last 3 Years), VAT/Service Tax Registration, Certified Balance Sheets & Profit & Loss A/c, TDS Certificate (if required), Business License, Business Profile, Partnership Deed
- Proof of Property – Sales Deed, Conveyance Deed, Possession Letter, Allotment Letter, Property Tax Receipt, Sanction Letter of Construction or Extension
Note: This is indicative, original documents are required for verification purpose only.
Steps to Register/Apply for PMAY Scheme
- Visit the official government website of PMAY.
- You have to next click on the “Citizen Assessment” option under menu tab.
- You have to enter your Aadhaar Number in the provided column.
- After submission of Aadhaar Number, user will be redirected to application page.
- Enter all the required details with personal, income, bank account and other necessary details.
- You have to click on “Save” option where after you will find a unique application number.
- Next, you have to the download the filled in application form.
- The individual finally can submit the details along with required documents at his/her nearest financial lending institutions/ CSC office.
PMAY State Level Nodal Agencies
| State & Organisation Name | Address |
| (Andaman & Nicobar) UT of Andaman & Nicobar Islands | Municipal Council, Port Blair-744101 |
| (Andhra Pradesh) Andhra Pradesh Township Infrastructure Development Corporation Limited | Flat No.502, Vijaya Lakshmi Residency, Gunadhala, Vijayawada – 520004 |
| (Andhra Pradesh) Andhra Pradesh State Housing Corporation Limited | A.P.State Housing Corporation Ltd., Himayatnagar,Hyderabad – 500029 |
| (Arunachal Pradesh) Government of Arunachal Pradesh | Department of Urban Development & Housing, Mob-II, Itanagar |
| (Assam) Government of Assam | Block A, Room No. 219, Assam Secretariat, Dispur, Guwahati- 781006 |
| (Bihar) Government of Bihar | Urban Development & Housing Department, Vikash Bhavan, Bailey Road,New Sectt. Patna |
| (Chandigarh) Chandigarh Housing Board | Sec- 9-D, Chandigarh 160017 |
| (Chattisgarh) Government of Chattisgarh | Mahanadi Bhawan, Mantralay Naya Raipur, Chhattisgarh Room No. S-1/4 |
| (Dadra & Nagar Haveli and Daman) UT of Dadra & Nagar Haveli | Secretariat, Silvassa 396220 |
| (Goa) Government of Goa | GSUDA 6th Floor, Shramshakti Bhavan, Patto Panaji |
| (Gujarat) Government of Gujarat | Affordable Housing Mission, New Sachivalya, Blk No. 14/7, 7th floor, Gandhinagar-382010 |
| (Haryana) State Urban Development Agency | Bays-11-14, Palika Bhavan, Sector-4, Panchkula -134112 |
| (Himachal Pradesh) Directorate of Urban Development | Palika Bhavan, Talland, Shimla |
| (Jammu & Kashmir) J&K Housing Board | |
| (Jharkhand) Urban Development Department | 3rd floor, Room No: 326, FFP Building, Dhurwa, Ranchi, Jharkhand 834004 |
| (Kerala) State Poverty Eradication Mission | TRIDA Building, Jn.Medical College P O Thiruvananthapuram |
| (Madhya Pradesh) Urban Administration and Development, GoMP | Palika Bhawan, Shivaji nagar, Bhopal ,462016 |
| (Maharashtra) Govt of Maharashtra | Griha Nirman Bhawan, 4th Floor, Kalanagar, Bandra (East), Mumbai 400051 |
| (Manipur) Govt. of Manipur | Town Planning Department, Government of Manipur, Directorate Complex, North AOC, Imphal-795001 |
| (Meghalaya) Govt of Meghalaya | Raitong Building , Meghalaya Civil Secretariat, Shillong793001 |
| (Mizoram) Urban Development & Poverty Alleviation, Govt. of Mizoram | Directorate of Urban Development and Poverty Alleviation, Thakthing Tlang, Aizawl, Mizoram, Pin: 796005 |
| (Nagaland) Govt. of Nagaland | Municipal Affairs cell, A.G. Colony, Kohima – 797001 |
| (Odisha) Housing & Urban Development (H&UD) Department | 1st Floor, State Secretariat, Annex – B, Bhubaneswar – 751001 |
| (Puducherry) Govt. of Puducherry | Town & Country Planning Deptt. Jawahar Nagar Bomian Pet Puducherry-605005 |
| (Punjab) Punjab Urban Development Authority | PUDA Bhavan, Sector 62, SAS Nagar, Mohali, Punjab |
| (Rajasthan) Rajasthan Urban Drinking Water, Sewerage & Infrastructure Corporation Ltd (RUDSICO) | 4-SA-24, Jawahar Nagar, Jaipur, Rajasthan |
| (Sikkim) Govt. of Sikkim | Department of UD & Housing, Govt of Sikkim, NH 31A, GANGTOK 737102 |
| (Tamil Nadu) Govt. of Tamilnadu | Tamil Nadu Slum Clearance Board, No.5 Kamarajar Salai, Chennai – 600 005 |
| (Telangana) Govt of Telangana | Commissioner and Director of Municipal Administration 3rd Floor Ac Guards Public Health Lakdikapool Hydrabad |
| (Tripura) Govt. of Tripura | Directorate Of Urban Development Government of Tripura Pt. Nehru Complex, Gorakha Basti, 3rd Floor, Khadya Bhawan, Agartala 799006 |
| (Uttrakhand) Directorate of Urban Development | State Urban Development Authority 85A, Mothorawala Road Ajabpur kalan Dehradun |
| (Karnataka) Govt. of Karnataka | 9th Floor Vishweshwaraih Towers, Dr.AmbedkarVeedhi, Bangalore 560001 |
| (West Bengal) State Urban Development Authority | ILGUS Bhaban, Block HC Block, Sector 3, Bidhannagar, Kolkata – 700106 |
| (Uttar Pradesh) State Urban Development Agency (SUDA) | Navchetna Kendra, 10, Ashoka Marg, Lucknow 226002 |
Housing Finance under PMAY
- Aadhar Housing Finance Ltd.
- Aditya Birla Housing Finance Ltd.
- Akme Star Housing Finance Ltd.
- Aptus Value Finance Corporation Ltd.
- Aptus Value Housing Finance India Ltd.
- Aspire Home Finance Corporation Ltd.
- AU Housing Finance Ltd.
- Can Fin Homes Ltd.
- Capital First Home Finance Ltd.
- Capri Global Housing Finance Private Limited
- Cent Bank Home Finance Ltd.
- Dewan Housing Finance Corporation Ltd.
- DHFL Vyasa Housing Finance Ltd
- DMI Housing Finance Pvt. Ltd.
- Edelweiss Housing Finance Pvt. Ltd
- Equitas Housing Finance Pvt. Ltd.
- Fast Track Housing Finance Company Ltd.
- Fullerton Home Finance Company Ltd
- GIC Housing Finance Ltd
- GRUH Finance Ltd.
- Habitat Microbuild India Housing Finance Company Pvt. Ltd.
- HBN Housing Finance Ltd.
- Hinduja Housing Finance Limited
- Home First Finance Company Ltd.
- Housing and Development Corporation Limited
- Housing Development Finance Corporation Ltd.
- ICICI Home Finance Company Ltd.
- IKF Housing Finance Private Limited
- India Bulls Housing Finance Ltd.
- India Home Loan Ltd.
- India Infoline Housing Finance Ltd.
- India Shelter Finance Corporation Ltd.
- Khush Housing Finance Ltd.
- L&T Housing Finance Ltd.
- LIC Housing Finance Ltd.
- Magma Housing Finance
- Mahindra Rural Housing Finance Ltd.
- Mamata Housing Finance Company Pvt. Ltd.
- Manappuram Home Finance Pvt. Ltd.
- Manipal Housing Finance Syndicate Ltd.
- MAS Rural Housing and Mortgage Finance Ltd.
- Mentor Home Loans India Ltd.
- Micro Housing Finance Corporation Ltd
- Muthoot Homefin Ltd.
- Muthoot Housing Finance Company Ltd.
- National Trust Housing Finance Ltd.
- New Habitat Housing Finance and Development Ltd.
- Nivera Home Finance Ltd
- North East Region Housing Finance Ltd.
- Orange City Housing Finance Ltd.
- Panthoibi Housing Finance Company Ltd.
- PNB Housing Finance Ltd.
- RAAS Housing Finance (India) Ltd.
- Reliance Home Finance Ltd.
- Religare Housing Development Finance Corporation Ltd.
- Repco Home Finance Ltd.
- Sahara Housing Finance Corporation Ltd
- Saral Home Finance Ltd.
- SEWA Grih Rin Ltd.
- Shriram Housing Finance Ltd.
- Shubham Housing Development Finance Company Pvt. Ltd.
- SRG Housing Finance Ltd.
- Sundaram Home Finance Limited
- Supreme Housing Finance Limited
- Swagat Housing Finance Company Ltd.
- Swarna Pragati Housing Microfinance Private Limited
- Tata Capital Housing Finance Ltd.
- Ummeed Housing Finance Private Limited
- USB Housing Finance Corporation Ltd
- Vastu Housing Finance Corporation Ltd
- Viva Home Finance Ltd.
- West End Housing Finance Limited
Public Sector Banks under PMAY
- Allahabad Bank
- Andhra Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Bhartiya Mahila Bank Ltd.
- Canara Bank
- Central Bank of India
- Corporation Bank
- Dena Bank
- Indian Bank
- Indian Overseas Bank
- Oriental bank of Commerce
- Punjab & Sind Bank
- Punjab National Bank
- State Bank of Patiala
- Syndicate Bank
- UCO Bank
- United Bank of India
- Vijaya Bank
Private Sector Banks Under PMAY
- Axis bank Ltd.
- Catholic Syrian Bank
- City Union Bank
- DCB Bank Ltd.
- Dhanlaxmi Bank Ltd
- ICICI bank Ltd.
- J & K Bank
- Karnataka Bank Ltd.
- Karur Vysya Bank Ltd.
- Lakshmi Vilas Bank
- Nainital Bank Ltd.
- South Indian Bank Ltd.
- Tamilnad mercantile Bank Ltd
- The Federal Bank Ltd.
- Yes Bank
Regional Rural Banks under PMAY
- Allahabad UP Gramin Bank
- Andhra Pradesh Grameena Vikas Bank
- Arunachal Pradesh Rural Bank
- Assam Gramin Bank
- Bangiya Gramin Vikas Bank
- Baroda Gujrat Gramin bank
- Baroda Rajasthan Kshetriya Gramin Bank
- Baroda Uttar Pradesh Gramin Bank
- Bihar Gramin Bank
- Bihar State Co-operative Bank Ltd.
- Bombay Mercantile Co-operative Bank
- Central Godavari Grameena Bank
- Chaitanya Godavari Grameena Bank
- Chhattisgarh Rajya Gramin Bank
- Chhattisgarh Rajya Sahakari Bank Maryadit
- Citizen Credit Co-op Bank Limited
- Cosmos Co-operative Urban Bank Ltd.
- Cosmos Co-operative Urban Bank Ltd.
- Dena Gujarat Gramin Bank
- Ellaquai Dehati bank
- Gramin Bank of Aryavart
- J& K Grameen Bank
- J&K State Cooperative Bank
- Jalgaon Janata Sahakari Bank Ltd.
- Janta Sahakari Bank Ltd
- Jharkhand Gramin Bank
- Jharkhand State Co-Operative Bank Ltd.
- Kalupur Commercial Co-operative Bank Ltd.
- Karad Urban Co-operative Bank Ltd.
- Karnataka Vikas Grameena Bank
- Kashi Gomti Samyut Bank
- Kaveri Grameena Bank
- Kerala Gramin Bank
- Kerala State Co-Operative Bank Ltd.
- Langpi Dehangi Rural Bank
- Madhya Bihar Gramin Bank
- Madhyanchal Gramin Bank
- Mahanagar Co-Operative Bank Ltd.
- Maharashtra Gramin Bank
- Manipur Rural Bank
- Meghalaya Co-Operative Apex Bank Ltd
- Meghalaya Rural Bank
- Mehsana Urban Co-Operative Bank Ltd.
- Mizoram Cooperative Apex Bank Ltd.
- Mizoram Rural Bank
- Nagaland Rural Bank
- Narmada Jhabua Gramin
- Nutan Nagarik Sahakari Bank Ltd.
- Odisha Gramiya Bank
- Odisha State Cooperative Bank
- Pandyan Grama Bank
- Pragathi Krishna Gramin Bank
- Prathama Bank
- Prime Co-operative Bank Ltd.
- Punjab & Maharashtra Co- operative Bank Ltd
- Punjab GRamin Bank
- Purvanchal Bank
- Rajasthan Marudhara Gramin Bank
- Rajkot Nagarik Sahakari Bank Limited
- Sangli Urban Co-Operative Bank Ltd.
- Sardar Bhiladwala Pardi People’s Co-Operative Bank Ltd.
- Sarva Haryana Gramin Bank
- Sarva UP Gramin Bank
- Sarvodaya Commercial Co- operative Bank
- Satlij Gramin Bank
- Saurashtra Gramin Bank
- Shikshak Sahakari Bank Ltd.
- Shree Panchganag Nagari Sahakari Bank Ltd.
- Shri Mahila Sewa Sahakari Bank Ltd.
- Sikkim State Co-Operative Bank Ltd.
- Telangana Grameena Bank
- The Ahmedabad Mercantile Co- operative Bank Ltd.
- The Bharat Co-operative Bank (Mumbai) Ltd.
- The Goa State Co-Operative Bank Ltd.
- The Greater Bombay Co- operative Bank Ltd.
- The Gujarat State Co-operative Bank Ltd
- The Kalyan Janata Sahakari Bank Ltd.
- The Nawangar Co-operative Bank Ltd.
- The Punjab State Cooperative Bank Ltd.
- The Surat People’s Cooperative Bank Ltd.
- The West Bengal State Co- operative Bank Ltd.
- Tripura Gramin Bank
- Utal Grameen Bank
- Uttar Bihar Gramin Bank
- Uttarakhand State Cooperative Bank Ltd.
- Uttarbanag Kshetriya Gramin Bank
- Vanachal Gramin Bank
FAQ
How will loan eligibility be assessed for an applicant?
Applicant’s loan eligibility will be assessed on his/her internal guidelines and processes from the lending institution. Individual needs to submit Payslip, Form 16, Bank Statement of Salary Credit, ITR for eligibility assessment.
What is the maximum tenure of year on loan for PMAY?
Pradhan Mantri Awas Yojana can be availed for a maximum of 20 years of tenure.
Who can avail Pradhan Mantri Awas Yojana Scheme?
Pradhan Mantri Awas Yojana (PMAY) Scheme can be availed by Economically Weaker Section (EWS)/Lower Income Group (LIG) and Middle Income Group (MIG) individuals only.
What are the income norms for EWS/LIG/MIG categories?
The income norms for EWS/LIG/MIG I/MIG II categories are as follows:
- EWS – Annual Household Income Up to ₹ 3 Lakh .
- LIG – Annual Household Income Between ₹ 3 Lakh to ₹ 6 Lakh.
- MIG I – Annual Household Income Between ₹ 6 Lakh to ₹ 12 Lakh.
- MIG II – Annual Household Income Between ₹ 12 Lakh to ₹ 18 Lakh.
News Related to PMAY :
- CIDCO Announced to build 2.10 Lakh Homes under PMAY Scheme – Navi Mumbai
- Karnataka Government Eases Rules For Affordable Housing
