Pradhan Mantri Awaas Yojana : Last Chance To Avail CLSS Advantage By MIG-I, II Category is March 31, 2021

Last Chance To Avail CLSS Advantage By MIG-I, II Category is March 31, 2021

If you fall in the MIG-I and MIG-II categories and wish to take subsidy advantage being offered under the PMAY CLSS then the last date is March 31, 2021. This is unless the centre further extends the date. Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme (CLSS) for MIG or Middle Income Group was launched on January 1, 2017.

Details of the CLSS scheme for MIG category

MIG-I category of homebuyers precisely includes those with income in the range of Rs. 6 lakh to Rs. 12 lakh and they get an interest subsidy of 4% on a loan amount of up to Rs. 9 lakh.

Last Chance To Avail CLSS Advantage

Likewise, MIG-II category includes buyers with income ranging between Rs. 12 lakh and Rs. 18 lakh and they get a rebate of 3% on loan up to Rs. 9 lakh. Thus the PMAY CLSS subsidy amount comes to be at Rs 2,35,068 and Rs 2,30,156 for two categories, respectively.

The benefit under PMAY can be taken in case if one wants to buy a house from a developer or from the resale market via secondary buying. Also, one may secure a loan for constructing a house.

Eligibility to avail CLSS benefit:

The benefit of the subsidy on home buying can be availed by a beneficiary family that includes husband, wife and unmarried children. Further, the beneficiary should not own a pucca house either in his or her name or in the name of any other member of his or her family in any part of the country. Also, the title of the house constructed or purchased by taking a loan under the scheme should be in favour of the female head of the family or in the joint name with the male head.

So, if the children are living with their parents in a house owned by the latter then they can still opt for the CLSS scheme if they are earning and do not own a house.

For investment related articles, business news and mutual fund advise


नोट :- हमारे वेबसाइट पर ऐसी जानकारी रोजाना आती रहती है, तो आप ऐसी ही सरकारी योजनाओं की जानकारी पाने के लिए हमारे वेबसाइट से जुड़े रहे। 


This week popular schemes

प्रधानमंत्री ग्रामीण आवास योजना लाभार्थी सूची 2021 Pradhan Mantri Gramin Awas Yojana List 2021

Uttar Pradesh Shramik Card Online Registration 2020 उत्तर प्रदेश श्रमिक कार्ड ऑनलाइन पंजीकरण 2020

प्रधानमंत्री आवास योजना ग्रामीण सूची। ऐसे देखे लिस्ट में अपना नाम ?

Uttar Pradesh One District One Product Training and Toolkit Scheme : उत्तर प्रदेश एक जनपद एक उत्पाद प्रशिक्षण एवं टूलकिट योजना

Pariksha pe Charcha 2022 : Last date for registration on 27th January, 2022

Rs 25 per liter Subsidy on Petrol : Check Eligibility Criteria and Application Process

Ek Bharat Shrestha Bharat Activities in Schools : CBSE

Extension of tenure of the National Commission for Safai Karamcharis for three years approved by Cabinet

Uttar Pradesh Police Recruitment & Promotion Board Assistant Operator Online Form 2022

Hostels in Navodaya Vidyalayas , State/UT-wise details of construction of hostels in Jawahar Navodaya Vidyalayas