Pradhan Mantri Home Loan – Interest Rates May 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 19 May 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

04-01-2019pradhan mantri awas yojana 2019600%
04-01-2019pradhan mantri awas yojana online 2019180%
03-01-2019pradhan mantri home loan yojana 2019140%
23-12-2018pradhan mantri awas yojana120%
30-12-2018pradhan mantri home loan yojna80%
25-06-2018pradhan mantri awas yojana subsidy60%
31.05.2018pradhan mantri awas yojana70%
31.05.2018pradhan mantri home loan yojana60%
30.05.2018pradhan mantri awas yojana housing for all urban40%
27.05.2018pradhan mantri awas yojana in karnataka40%
24.05.2018pradhan mantri home loan yojana150%
23.05.2018pradhan mantri home loan yojana170%
29.04.2018modi home loan scheme80%
27.04.2018cheapest pradhan mantri home loan100%