Pradhan Mantri Awas Yojana (PMAY) Loan
Secure your dream home with PMAY loans offering up to ₹2.67 lakh subsidy through LoanPao’s 500+ RBI-compliant lenders. Apply online now!
Apply NowPMAY Overview & Subsidy Details
The Pradhan Mantri Awas Yojana (PMAY), launched in 2015, aims to provide affordable housing with subsidies up to ₹2.67 lakh via the Credit Linked Subsidy Scheme (CLSS). LoanPao partners with 500+ RBI-compliant lenders to offer PMAY loans at 6.5–8% p.a. for tenures up to 20 years. The subsidy reduces EMIs, making homeownership accessible for Economically Weaker Sections (EWS), Low-Income Groups (LIG), and Middle-Income Groups (MIG). Apply online with our e-KYC process for approvals in 7–15 days. Use our EMI Calculator or explore Home Loan options. Contact +91-999-163-4766 for support.
PMAY Urban and Rural cater to city and village residents, respectively. Urban focuses on apartments in approved projects, while Rural supports home construction with additional benefits like sanitation.
About LoanPao’s PMAY Loan
LoanPao offers PMAY loan, Pradhan Mantri Awas Yojana, affordable housing loan India, PMAY subsidy, home loan subsidy, LoanPao, PMAY eligibility, PMAY application, pmay, pmay urban, pmay rural, pmay list, pmay status, pmay home loan, affordable housing scheme, housing for all with fast approval & flexible terms.
Market Insights for PMAY Loan in India
The PMAY loan market is growing with Pradhan Mantri Awas Yojana, pmay, pmay subsidy, pmay eligibility, pmay application, pmay urban, pmay rural, pmay list, pmay status, pmay home loan, affordable housing scheme, housing for all for affordable housing.
Testimonials
"LoanPao made PMAY loan application easy. Got ₹20 lakh with ₹2.67 lakh subsidy."
- Rajesh, Delhi
"Excellent support for PMAY eligibility. Approval in 10 days."
- Sunita, Mumbai
Key Benefits of PMAY Loans
High Subsidy
Up to ₹2.67 lakh subsidy for EWS/LIG/MIG.
Low Rates
Interest rates from 6.5% p.a.
Online Application
Streamlined e-KYC process.
Trusted Lenders
500+ RBI-compliant partners.
Eligibility Criteria for PMAY Loan
| Category | Income | House Size | Subsidy |
|---|---|---|---|
| EWS | Up to ₹3L | Up to 30 sq.m | ₹2.67L |
| LIG | ₹3–6L | Up to 60 sq.m | ₹2.67L |
| MIG-I | ₹6–12L | Up to 160 sq.m | ₹2.35L |
| MIG-II | ₹12–18L | Up to 200 sq.m | ₹2.30L |
Applicants must be Indian residents without a pucca house. Check eligibility with our tool.
Documents Required for PMAY Loan
- Aadhaar, PAN, Voter ID
- Income proof: Salary slips (3 months), ITR (2 years)
- Property documents: Sale agreement, title deed
- Bank statements (6 months)
How to Apply for PMAY Loan
- Check eligibility using our tool.
- Fill the form below.
- Upload documents via e-KYC.
- Get approval in 7–15 days.
Compare PMAY with Other Loans
| Loan Type | Rate | Subsidy | Tenure |
|---|---|---|---|
| PMAY Loan | 6.5–8% | Up to ₹2.67L | 20 years |
| Home Loan | 8–12% | None | 30 years |
Compare with our Home Loan page.
Application Tips for PMAY Loan
- Verify eligibility with our tool.
- Ensure accurate documents to avoid delays.
- Maintain a CIBIL score of 700+ via our tool.
Success Story
Rajesh, a Delhi shopkeeper, secured a ₹20 lakh PMAY loan at 6.5% p.a. with a ₹2.67 lakh subsidy through LoanPao, reducing his EMI by ₹2,000. Approval took 10 days.
Why Choose LoanPao for PMAY Loan?
Wide Network
500+ trusted lenders.
Fast Approval
Approvals in 7–15 days.
PMAY Loan FAQs
Get In Touch
Apply for a PMAY loan, and our team will assist you within 24 hours.