Information
“Pradhan Mantri Awas Yojana (Urban ) – Housing for All” Mission for urban areas is being implemented with effect from 17th June, 2015 to provide central assistance to implementing agencies through States and UTs for Providing houses to all eligible families/beneficiaries.
Hasti Bank offers “Pradhan Mantri Awas Yojana-Credit Linked Subsidy Scheme” for EWS & LIG as well as MIG-I & MIG-II categories.
Salient Features of the Scheme:
- Loans can be extended to construct/acquire dwelling units under EWS/LIG/MIG-I & MIG-II categories) in all the 4316 statutory towns per Census 2011 table, out of which lists of statutory towns in the states of Maharashtra, Gujarat & Karnataka will be considered.
- The scheme will not be applicable to houses constructed/proposed to be constructed/acquired/proposed to be acquired in Grampanchayat areas
- Actual amount or tenor of a loan can be higher than the respective ceiling for the category/sub-category but the subsidy will be available up to the limit as worked out on the basis of ceiling for amount or tenor of the loan.
- Family is defined as comprising of husband, wife, unmarried sons and/or daughters. In order to be a beneficiary for Housing Loan under CLSS, she/he or anybody in the family should not own a pucca house in any part of India.
- In case of married couple, between the spouses (separately or together), they will be eligible for a single house.
- Beneficiary family should not have availed of central assistance under any housing scheme from Government of India.
