Pradhan Mantri Awas Yojana for Home Loan Know everything about PMAY scheme

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The Pradhan Mantri Awas Yojna, also known as PMAY, is a financial subsidy scheme which is designed to help every Indian own a home. Visit our website for details: http://bit.ly/Bajaj_Finserv_PMAY • Pradhan Mantri Awas Yojna was started with the aim to make buying a home more affordable for every section of society. Under PMAY, the government hopes to have 20 million people become homeowners by 2020. • PMAY does this by giving a substantial subsidy on home loan interest rate, and by helping you construct an affordable home. This subsidy is based on your income slab and the size of your desired home. If you earn up to Rs.6.5 lakh per annum and your home loan amount is up to Rs. 6 lakh, you get a subsidy of 6.50% on your home loan interest. If your income is between Rs.6.01 lakh – Rs.12 lakh per annum and your home loan amount is up to Rs. 9 lakh, you get a subsidy of 4% on your home loan interest. If you earn between Rs.12.01 lakh – Rs.18 lakh per annum and your home loan amount is up to Rs. 12 lakh, you get a subsidy of 3% on your home loan interest. • Aside from this, PMAY also reduces the GST applied to home loans from12% down to 8%, making your home loan even more affordable. • Watch the video if you want answers for the below queries: • Can I get subsidy for home loan? • Who is eligible for PMAY subsidy? • How can I get PMAY subsidy? • What is PMAY CLSS home loan? • Who is eligible for PMAY scheme? • What are the conditions for Pradhan Mantri Awas Yojana? • The video covers the following topics: • how to apply for pradhan mantri awas yojana • pradhan mantri awas yojana eligibility • pradhan mantri awas yojana 2019 • home loan subsidy eligibility • pmay subsidy eligibility • pradhan mantri awas yojana loan • home loan subsidy scheme 2017 eligibility • Watch the video to know about Tax Benefits on a Home Loan: • Video • What Should be your CIbil Score to Apply a Home Loan: • What should Be your CIBIL score to ap... • Know More About PMAY: https://www.bajajfinserv.in/home-loan... • Subscribe to our channel for the latest updates and get answers of your queries: https://bit.ly/2L1u760 • Connect with us on :- • Facebook: / bajajfinserv • Linkedin: / bajaj-finserv-lending • Twitter: / bajaj_finserv • Visit our website: https://bit.ly/2OOAmQa

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