PMAY Scheme for 9 & 12 Lakh Home Loan Amounts for Poor / Subsidy Rate

Are you looking for home loan under Modi PMAY Scheme 2017? Want to know subsidy cut interest rates for 9 Lakh & 12 Lakh of loan amount from banks so check how much you can save/ app ko kitna emi dena padega for 9 lakh & 12 lakh loan amount ke liye sabhi banks ke liye? Cheap home loan for poor, relief for farmers, small businesses – PM Modi.

Loan Amount Normal rate Subsidy Rate Subsidy Given
9 Lakh 8.60% 4.60% 4.00%
12 Lakh 8.60% 5.60% 3.00%

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• 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory .com
• As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online

Loan EMI Details for 12 Lakh of Home Loan amount under PMAY Scheme

Loan amount Normal Rate PMAY Rate Old EMI New EMI You Save
12 Lakh 8.6% for 5 year 5.60% 24677.71 22976.82 1700.89
12 Lakh 8.6% for 8 year 5.60% 17332.24 15537.03 1795.21
12 Lakh 8.6% for 10 year 5.60% 14942.54 13082.69 1859.85
12 Lakh 8.6% for 12 year 5.60% 13387.45 11463.31 1924.14
12 Lakh 8.6% for 15 year 5.60% 11887.32 9868.8 2018.52

Loan EMI Details for 9 Lakh of Home Loan amount under PMAY Scheme

Loan amount Normal Rate PMAY Rate Old EMI New EMI You Save
9 Lakh 8.6% for 5 year 4.60% 18508.29 16819.67 1688.62
9 Lakh 8.6% for 8 year 4.60% 12999.18 11223.32 1775.86
9 Lakh 8.6% for 10 year 4.60% 11206.9 9370.9 1836
9 Lakh 8.6% for 12 year 4.60% 10040.59 8144.57 1896.02
9 Lakh 8.6% for 15 year 4.60% 8915.49 6931.03 1984.46