Housing for all – Pradhan Mantri Awaas Yojana -2020
With a view to help people own a roof over their head government has announced ‘Housing for All by 2022’ mission, under which it is partly financing the interest cost to the borrowers. The same is done under Pradhan Mantri Awas Yojana (PMAY) in urban areas as well as in rural area. The maximum subsidy under PMAY can be Rs 2,67,280. The eligible amount of subsidy will come down proportionately in case the home loan is lower than Rs 6 lakhs. The subsidy benefit is only available for loans that are disbursed on or after June 17, 2015.
Official website for Scheme: pmaymis.gov.in
How Can one Apply for a House Under Pradhan Mantri Awas Yojana:
The Ministry of Housing and Urban Development has set up a simple yet process which allows people to apply for a house under the scheme. The form basically has two pages and requires a person to fill all key details about themselves. Here’s a page-to-page brief on what each of the pages look like:
Page 1: “Enter Aadhaar Number”. Once the Aadhaar number is verified, the application proceeds to the next page. The government uses Aadhaar number to ensure that an individual applies for the scheme and doesn’t defraud the system.
Page 2: Enter personal details of the applicant. He/she needs to provide information pertaining the state they are residing in, the head of the family, current residential address, and other such key details.
Pradhan Mantri Awas Yojana can be applied under two categories:
- Under Other 3 Components – The Economically Weaker Sections (EWS), Middle Income Groups (MIGs) and Lower Income Groups (LIGs) are considered as beneficiaries under the Housing for All by 2022 Scheme. For EWS, the annual income cap stands at Rs.3 lakh. In case of LIG, the maximum annual income is between Rs.3 lakh and Rs.6 lakh. For MIG, the cap for annual income is between Rs.6 lakh and Rs.18 lakh. CLSS component can be availed by the MIG and LIG categories. EWS, on the other hand, is eligible under all verticals for assistance.
- Slum Dwellers – A slum is an area where 60 to 70 households or approximately 300 people stay in poorly built residences. The environment of these areas are unhygienic and they lack proper infrastructure, drinking water and sanitation facilities. These people can apply for the Housing for All by 2022 Scheme under the Pradhan Mantri Awas Yojana.
How to Apply for Pradhan Mantri Awas Yojana Benefits Under Other 3 Components Online:
As mentioned in the previous section, an applicant needs to provide their personal information to apply for the scheme. The steps are as follows:
- Log on to the official Pradhan Mantri Awas Yojana at pmaymis.gov.in
- Choose the ‘Benefits under other 3 components’ option by clicking the ‘Citizen Assessment’ dropdown.
- Enter your Aadhaar number and click submit. (The site will verify whether the Aadhaar details provided is correct).
If the information provided is correct, you will be lead to the next page where you will have to provide all the pertinent information regarding you name, income, no. of family members, residential address, contact number, age of the head of the family, religion, caste and the like.
Once all the information is provided, scroll down, type the captcha code in the box and click submit.
And thus, end the PMAY online application process. In case you make a mistake which typing out the information, you can edit the form with the help of your Application and Aadhaar number.
