PMAY Subsidy
9 months ago
I have applied for PMAY subsidy from HDFC Bank and after 2 years of follow up , I have received an feedback that I am not eligible due to property location.But I am aware that other people have already received an subsidy from same property and location.Please suggest.
A.Dear client,
The following factors are necessary for eligibility,
The annual household income of the applicant must be Rs. 3 lakh for Economically Weaker Section (EWS) and Rs. 3 lakh – Rs. 6 lakh for Lower Income Group (LIS).
The applicant will be given a housing loan amount of up to Rs. 6 lakh for interest subsidy for a maximum duration of 20 years. Non-subsidised rates will be applicable on any exceeding amount.
The dwelling unit carpet Area (sq.m.) would be up to 30 sq.m. for EWS and up to 60 sq.m. for LIS.
The scheme will not allow the upgradation or renovation of a pucca house.
Ownership/co-ownership of women is not required for an existing property but is compulsory for a new possession.
Rs. 3,000 will be paid in lump payment for every approved housing loan application.
A maximum subsidy of Rs. 2.67 Lakh will be provided to every eligible applicant
The beneficiary should not have undertaken any financial help from India’s Central or State Government.
Having an Aadhar card is a must for every applicant.
Please note, if you fulfil these requirements, then please approach the court for legal remedy
The following factors are necessary for eligibility,
The annual household income of the applicant must be Rs. 3 lakh for Economically Weaker Section (EWS) and Rs. 3 lakh – Rs. 6 lakh for Lower Income Group (LIS).
The applicant will be given a housing loan amount of up to Rs. 6 lakh for interest subsidy for a maximum duration of 20 years. Non-subsidised rates will be applicable on any exceeding amount.
The dwelling unit carpet Area (sq.m.) would be up to 30 sq.m. for EWS and up to 60 sq.m. for LIS.
The scheme will not allow the upgradation or renovation of a pucca house.
Ownership/co-ownership of women is not required for an existing property but is compulsory for a new possession.
Rs. 3,000 will be paid in lump payment for every approved housing loan application.
A maximum subsidy of Rs. 2.67 Lakh will be provided to every eligible applicant
The beneficiary should not have undertaken any financial help from India’s Central or State Government.
Having an Aadhar card is a must for every applicant.
Please note, if you fulfil these requirements, then please approach the court for legal remedy
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