Pradhan Mantri Awas Yojana is a scheme of the Government of India. Its aim is to provide housing to the poor and homeless citizens of the country and give them their own house. Pradhan Mantri Awas Yojana or PMAY-Urban was launched in 2015 under ‘Housing for All’. In PMAY-Urban, there is a facility to avail interest subsidy on home loan through Credit Linked Subsidy Scheme. Under which assistance of up to Rs 2.67 lakh can be availed. This is for eligible beneficiaries who want to take housing loan to buy, construct or upgrade a house. There are two main types of Pradhan Mantri Awas Yojana. Pradhan Mantri Urban Housing Scheme, Pradhan Mantri Rural Housing Scheme.
Pradhan Mantri Urban Housing Scheme
The objective of Pradhan Mantri Urban Housing Scheme is to meet the housing needs of the urban poor. Under this scheme, housing was to be provided to all eligible families in urban areas. Under this scheme, help is given to people of economically weaker section (EWS), middle income group (MIG), and low income group (LIG).
- Under this scheme, people who take loan to buy residential property or land or build a house get interest subsidy.
- The scheme also provides affordable rental housing complexes. This enables people living in industrial areas and non-formal urban economy to get rental housing near their work.
- The scheme helps states and union territories to build climate smart buildings and sustainable housing through the Technology and Innovation Sub-Mission.
- It generally takes 12 to 18 months for BLC houses of the scheme and 24 to 36 months in case of AHP/ISSR vertical of the scheme.
Pradhan Mantri Rural Housing Scheme
Pradhan Mantri Gramin Awas Yojana aims to meet the housing needs of the rural poor. It aims to provide financial assistance or pucca houses along with all the basic amenities like electricity supply, sanitation, water facility etc. to the families living in kutcha houses in the rural areas of India, excluding cities.
Eligibility for housing scheme
- The age to apply in this scheme should be less than 70.
- There should not be any plot in the name of the applicant or any member of his family under this scheme.
- The applicant should not have availed any kind of government concession for purchasing the house.
- The annual income of the family should not exceed Rs 18 lakh.
- If the applicant falls under EWS or LIG category, he can get help for repair or improvement of the house.
- Economically Weaker Section – Annual total income should be less than ₹3 lakh.
- The annual income of the applicant should be Rs 6 to 12 lakh.
Benefits of Housing Scheme
- Under this scheme, financial assistance of Rs. 1,20,000 is given in plain areas and Rs. 1,30,000 in hilly or difficult areas.
- The beneficiary gets employment for 90 to 95 days under MNREGA.
- Housing loan offers a subsidy rate of 6.50% per annum.
- Families below poverty line (BPL)
- The government provides credit-linked subsidy based on the income limit.
- Ground floor mandatory for senior citizens and disabled.
- It is mandatory to use sustainable and eco-friendly materials for house construction.
Documents required to fill this scheme
- Aadhar card
- Voter ID Card
- PAN card
- Caste Certificate
- Income Certificate
- Age Certificate
- Ration Card
- Mobile Number
- Bank account number (linked to Aadhaar card)
- Passport size photograph
Pradhan Mantri Awas Yojana Online Application Process
- First of all you should go to the official website pmayg.nic.in .
- First of all click on Awaassoft.
- After this another list will open, click on Data Entry in it.
- The option DATA ENTRY For AWAAS has to be selected.
- After that you select state and district and click on Continue.
- After this, the Beneficiary Registration Form will open, in that you will have to fill the information related to your “Personal Details” in the first section.
- Click on Submit and confirm the application.
How to check the application status of this scheme
- Go to the website pmayg.nic.in .
- Click on Track Your Assessment Status .
- After that fill all your information like name, father’s name, and mobile number etc.
- After filling the information, click on status.