Pradhan Mantri Home Loan – Interest Rates July 2019, EMI Eligibility Calculator

Are you looking for Pradhan Mantri Home Loan? Find Details on Interest Rates, Subsidy, Documents List, Eligibility, Per Month EMI, Lowest Down payment options, Loan amount for LIG and EWS. Interest subvention of 3% and 4% for loans of up to Rs 12 lakh and Rs 9 lakh, respectively under Prime Minister Awas Yojana (PMAY). Under the Pradhan Mantri Awaas Yojana, those belonging to the poor, lower middle and middle classes in cities will be eligible to four per cent discount on housing loans upto Rs 9 lakh. Loans of upto Rs 12 lakh will receive interest subvention of 3 per cent.

  1. Credit Linked Subsidy Scheme
  2. Subsidy Benefit
  3. Documents required for PMAY
  4. Eligibility for PMAY

Home Loan applications received for rupees ₹ 419,027 crores till 17 July 2019


Loan Amount

Annual Income


54,02,013 loan quotes taken till now.
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“Credit Linked Subsidy Scheme” for EWS and LIG categories under Pradhan Mantri Awas Yojana. The scheme was announced by our honourable Prime Minister Narendra Modi and envisages the vision of housing for all by the year 2022.

Who are the beneficiaries under this scheme

  1. Families who didn’t have pucca houses
  2. Economically weaker section (EWS) & Low Income Group (LIG)
  3. Families comprising husband, wife and unmarried children

Scheme features

  • Subsidy benefit of 6.5% p.a for first home buyers
  • In terms of Rupee a person can save upto 2.2 Lakh

Eligibility / Income Criteria

  1. EWS with an income of 3 lakh annual or lower
  2. LIG with an income of Between 3 to 6 lakhs annual

Pradhan Mantri Home Loan Trends 2019

Date Query Rising
04-01-2019 pradhan mantri awas yojana 2019 600%
04-01-2019 pradhan mantri awas yojana online 2019 180%
03-01-2019 pradhan mantri home loan yojana 2019 140%
23-12-2018 pradhan mantri awas yojana 120%
30-12-2018 pradhan mantri home loan yojna 80%
25-06-2018 pradhan mantri awas yojana subsidy 60%
31.05.2018 pradhan mantri awas yojana 70%
31.05.2018 pradhan mantri home loan yojana 60%
30.05.2018 pradhan mantri awas yojana housing for all urban 40%
27.05.2018 pradhan mantri awas yojana in karnataka 40%
24.05.2018 pradhan mantri home loan yojana 150%
23.05.2018 pradhan mantri home loan yojana 170%
29.04.2018 modi home loan scheme 80%
27.04.2018 cheapest pradhan mantri home loan 100%