Pradhan Mantri Awas Yojana 2025: Key Insights
The Pradhan Mantri Awas Yojana (PMAY) can help lower loan costs through credit-linked subsidies for eligible families in 2025.
Eligible families can receive a subsidy of Rs. 2.67 lakh on home loans, reducing the principal and resulting in smaller EMIs.
Eligibility and Benefits
- EWS (up to Rs. 6 lakh): Eligible for a Rs. 2.67 lakh subsidy on home loans in 2025 under CLSS.
- MIG-I (Rs. 6–12 lakh) and MIG-II (Rs. 12–18 lakh): Eligible for a lower interest subsidy.
The subsidy is credited to the loan account and used to reduce the principal, resulting in a smaller EMI from day one.
Applications can be made online or offline, and status can be easily tracked.
Author's summary: PMAY offers subsidies on home loans for eligible families in 2025.