PM Awas Yojana: What is PM Awas Yojana? Under this the government is going to build 3 crore new houses
Narendra Modi has become the Prime Minister of India for the third time. In his first cabinet meeting the day after taking oath, he took an important decision to build 3 crore new houses under the PM Awas Yojana (PMAY). Eligible people in this scheme will be given houses by the government. Apart from this, not only houses will be given under PMAY, but they will also have basic amenities like toilets, electricity connection, LPG connection, and water supply. Today we are going to tell you what is PMAY and who can get financial assistance from the government to build a house under this scheme.
What is PM Awas Yojana?
The Pradhan Mantri Awas Yojana is a government scheme that helps people to build their own houses. The government provides about Rs 2.5 lakh for this. Initially aimed at benefiting only the poor, the scheme has now been expanded to include the urban poor and the middle class. There are different categories based on income, and loans are provided accordingly. Initially, the home loan amount under PMAY ranged from ₹3 lahks to ₹6 lahks with subsidy, but it has been increased to ₹18 lakh.
How to apply for PMAY
Apply online:
Identify the category (MIG, LIG, etc.) under which you can apply for PMAY.
Visit the official website http://pmaymis.gov.in.
Click on 'Citizen assessment' under the main menu and select the applicant category.
You will be redirected to a separate page where you have to enter your Aadhaar details.
Fill out the PMAY application form online with your personal, income, bank account details, and current residential address.
Enter the captcha code, verify the information, and submit.
Offline application:
Visit the nearest Common Service Centre (CSC) and get the form.
These centers operate through government agencies. For offline applications, you have to pay ₹25 plus GST.
Note that no private agency is authorized to charge this fee. You can also fill out the form at a bank, non-banking finance company, or housing finance company.
Attach photocopies of the required documents mentioned in the form and submit it.
Documents Required for PMAY Application
To avail of PMAY, the applicant needs to submit required documents like identity proof (Aadhaar card, PAN card, voter ID), address proof, and income proof. For income proof, you can provide Form 16, bank account statement or latest IT return copy.
Eligibility Criteria
Economically Weaker Section (EWS): Annual income up to ₹3 lakh.
Low Income Group (LIG): Annual income between ₹3 lakh to ₹6 lakh.
Middle Income Group (MIG): Annual income between ₹6 lakh to ₹18 lakh.
People living in slums are also eligible for financial assistance under this scheme.
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