PMAY 2025- Good news for middle class people. Do you also want to take a home loan at an interest rate of 2%? Many government banks in the country are offering home loans at an interest rate of 8% to 9.5%. With the help of the government, you can get the same loan at an interest rate of 2%.

Are you also planning to buy a house? You can take a home loan at a low interest rate by taking advantage of the government scheme Pradhan Mantri Awas Yojana for buying a house. But you do not know how and where to apply for it. There is no need to worry, you can apply online for Pradhan Mantri Awas Yojana. Your work will be done sitting at home.

What is Pradhan Mantri Awas Yojana?

The Pradhan Mantri Awas Yojana (PMAY) is a significant government scheme launched in 2015. Its goal is to provide affordable and permanent housing to every citizen. This scheme is specifically designed for first-time homebuyers. Under this scheme, home loan subsidies are provided to individuals from the vulnerable, low, and middle income groups, making home purchases easier.

Benefits of Pradhan Mantri Awas Yojana?

Under PMAY, home loans receive an interest subsidy of up to 6.5%. This subsidy is available for a maximum term of 20 years. The application process is also easy and online. Currently, banks offer home loans to customers at an interest rate of 8 to 9.5%. Subtracting the 6.5% interest subsidy from this scheme will significantly benefit you. Overall, a home loan can be availed at a maximum interest rate of 2%.

Who can apply?

  • For the PMAY scheme, the government has divided people into four income categories.
  • EWS means Economically Weaker Section – whose annual income is Rs 3 lakh or less.
  • LIG means Lower Income Group – whose annual income is between Rs 3 lakh to Rs 6 lakh.
  • MIG-I means Middle Income Group – whose annual income is Rs 6 lakh to Rs 12 lakh.
  • MIG-II i.e. Middle Income Group – II – People whose annual income is Rs 12 to 18 lakhs per annum.

How to apply for Pradhan Mantri Awas Yojana?

  1. First of all, know which of these income groups you fall into.
  2. Now visit the official website of PMAY pmaymis.gov.in.
  3. Go to the Citizen Assessment section on the website and select your category.
  4. Now enter the Aadhaar number and proceed further.
  5. Then fill your personal information, income, bank details and address in the application form.
  6. Enter the captcha code, check all the details and submit.

What documents will be required?

ID Proof – Aadhar Card and Voter ID.

Address proof

Income certificate

bank details

Property related documents

How to check the status of the application?

You can check the status of your application by visiting the website and using the Track Your Assessment Status option.

Only these people can take advantage.

Only those people will get the benefit who are buying a house for the first time and who do not already have a pucca house.