Pradhan Mantri Awas Yojana (PMAY) Loan 2025
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 by 2025 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 +91-971-769-5334 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.
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
| 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
- 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
- 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
- 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?
Wide Network
500+ trusted lenders.
Fast Approval
Approvals in 7–15 days.
FAQs
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Apply for a PMAY loan, and our team will assist you within 24 hours.