Pradhan Mantri Awas Yojana: How to apply to build a house, what is the eligibility? – StudyToper

Pradhan Mantri Awas Yojana (PMAY) is an ambitious scheme of the Government of India whose objective is to provide a house to every citizen of the country. This scheme was launched by Prime Minister Narendra Modi on 25 June 2015. PMAY aims to ensure “Housing for All” by 2022. This scheme benefits people from Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG).

Pradhan Mantri Awas Yojana has two main components – PMAY-Urban (for urban areas) and PMAY-Gramin (for rural areas). The scheme not only provides housing but also provides basic amenities like electricity, water, toilets and cooking gas to the beneficiaries. In this way, the objective of PMAY is to improve the standard of living of the people and provide them a dignified life.

What is Pradhan Mantri Awas Yojana (PMAY)?

Pradhan Mantri Awas Yojana is a central government sponsored scheme that aims to provide affordable housing to the poor and middle class people living in urban and rural areas of India. This scheme provides financial assistance to people to buy or build their own house. Under PMAY, the government offers interest subsidy on home loans, which reduces EMIs and makes buying a home easier.

Overview of Pradhan Mantri Awas Yojana

Types of PMAY

There are two main types of Pradhan Mantri Awas Yojana:

1. PMAY-Urban (Urban): This scheme is for people living in urban areas. It includes four components:
   • In-situ slum redevelopment
   • Credit Linked Subsidy Scheme (CLSS)
   • Affordable Housing in Partnership
   • Beneficiary-led individual housing construction
2. PMAY-Gramin (Gramin): This scheme is for people living in rural areas. It aims to provide pucca houses to all homeless families and families living in kutcha/dilapidated houses in rural areas by 2022.

Eligibility of Pradhan Mantri Awas Yojana

Eligibility for PMAY is based on the following criteria:

• The applicant must be a citizen of India.
• The applicant or any member of his family should not own a permanent residence in any part of the country.
• The annual income of the family should be within the prescribed limit.
• The house should be owned in the name of the female member or in joint names.

Eligibility based on income

How to apply for PM Awas Yojana?

Following is the process to apply for Pradhan Mantri Awas Yojana:

1. Online Application:
   • Visit the official website of PMAY (pmaymis.gov.in).
   • Click on ‘Citizen Assessment’.
   • Select your state and city.
   • Fill the required information and submit the form.
2. Offline Application:
   • Visit the nearest Common Service Center (CSC).
   • Get and fill the PMAY application form.
   • Attach all required documents.
   • Submit the filled form at CSC.

Documents required for application

• Aadhar card
• PAN card
• income certificate
• copy of bank passbook
• ration card
• voter id card
• Details of family members
• passport size photo

Benefits of PMAY

Following are the major benefits of Pradhan Mantri Awas Yojana:

• Affordable housing: Makes it easier to buy a home through low interest rates and subsidies.
• Financial assistance: Interest subsidy up to 6.5% for EWS and LIG categories.
• Long Term Loan: Home loan for a tenure of up to 20 years.
• Women Empowerment: Ownership of the house in the name of the female member or in joint names.
• Basic amenities: Facilities like electricity, water, toilets and cooking gas connections.
• Tax Benefits: Benefit of tax exemption on home loan.

Subsidy under PMAY

Details of subsidy given under Pradhan Mantri Awas Yojana:

• EWS and LIG: Interest subsidy of 6.5% on loans up to Rs 6 lakh.
• MIG I: Interest subsidy of 4% on loans up to Rs 9 lakh.
• MIG II: Interest subsidy of 3% on loans up to Rs 12 lakh.

The subsidy amount is deposited directly into the loan account of the beneficiary, thereby reducing the EMI.

Components of PMAY-Urban

PMAY-Urban has four major components:

1. In-situ slum redevelopment: Providing permanent houses to slum dwellers on the spot.
2. Credit Linked Subsidy Scheme (CLSS): Interest subsidy on home loans.
3. Affordable Housing in Partnership: Building affordable homes in collaboration with private developers.
4. Beneficiary-based individual house construction: Financial assistance for individual house construction.

Features of PMAY-Gramin

Key Features of PMAY-Gramin:

• Minimum size: 25 square meter permanent house.
• Financial assistance: Up to Rs 1.20 lakh in plain areas and Rs 1.30 lakh in hilly/difficult areas.
• Additional assistance: 90-95 days of unskilled labor under MGNREGA.
• Social Inclusion: Preference to SC/ST, Minorities and Persons with Disabilities.
• Transparency: Selection of beneficiaries based on SECC 2011 data.

House size under PMAY

Minimum size of houses constructed under Pradhan Mantri Awas Yojana:

• PMAY-Urban: Carpet area 30 square meters (for EWS)
• PMAY-Gramin: 25 square meter floor area

How to check PMAY Application Status?

To check the status of your PMAY application:

1. Visit the official website of PMAY.
2. Click on ‘Check Your Status’.
3. Enter your state, city and application number.
4. Click on ‘Search’ button.

You can also check the status with your mobile number or Aadhaar number.

Disclaimer

This article is for informational purposes only. Although we have attempted to provide accurate and up-to-date information, Pradhan Mantri Awas Yojana policies and procedures may change from time to time. Please visit the PMAY official website or local government offices for the most latest and official information. To avail benefits under this scheme, you must fulfill all the eligibility criteria set by the government. Please seek detailed information before making any decisions.