The Pradhan Mantri Awas Yojana (PMAY) is a flagship scheme of the Government of India that aims to provide affordable housing to all by 2022. It was launched in June 2015 by Prime Minister Narendra Modi with the objective of providing housing for all by the year 2022. This ambitious scheme has a target of constructing 20 million houses by 2022. In this article, we will discuss the PMAY scheme in detail, how to check your name in the PMAY list 2023, and frequently asked questions related to the PMAY scheme.
What is Pradhan Mantri Awas Yojana (PMAY)?
Pradhan Mantri Awas Yojana (PMAY) is an ambitious scheme of the Government of India that aims to provide affordable housing to all by 2022. The scheme was launched in June 2015 by Prime Minister Narendra Modi with the objective of providing housing for all by the year 2022. The scheme is implemented by the Ministry of Housing and Urban Affairs (MoHUA) and is available to people belonging to the economically weaker sections (EWS), low-income group (LIG), and middle-income group (MIG). The scheme offers financial assistance to eligible beneficiaries to purchase or construct a house.
PMAY Scheme Details
Under the PMAY scheme, eligible beneficiaries can avail of a subsidy on the home loan interest rate. The subsidy ranges from 6.5% to 4% depending on the category of the beneficiary. The scheme is available for the construction of a new house, acquisition of a house, and enhancement of the existing house.
The scheme has two components:
PMAY-Urban
PMAY-Urban is for people living in urban areas. Under this component, beneficiaries can avail of financial assistance to construct a new house or enhance the existing house. The scheme also provides for the slum rehabilitation of the urban poor.
PMAY-Rural
PMAY-Rural is for people living in rural areas. Under this component, beneficiaries can avail of financial assistance to construct a new house or enhance the existing house. The scheme also provides for the up-gradation of the kutcha houses to pucca houses.
How to Check Your Name in PMAY List 2023?
The government has launched a portal for the PMAY scheme where applicants can check their application status, track their application, and check their name in the PMAY list. The steps to check your name in the PMAY list 2023 are:
- Visit the official PMAY website at pmaymis.gov.in
- Click on “Citizen Assessment” under the “Menu” tab
- Select the appropriate category of the beneficiary – EWS/LIG/MIG
- Enter your Aadhaar number and click on “Submit”
- The system will verify your details and show the list of eligible beneficiaries
Eligibility Criteria for PMAY Scheme
The PMAY scheme is available to people belonging to the economically weaker sections (EWS), low-income group (LIG), and middle-income group (MIG). The eligibility criteria for each category are:
EWS and LIG
The annual household income for EWS should be up to Rs.3 lakhs, and for LIG, it should be between Rs.3 lakhs to Rs.6 lakhs.
MIG
There are two categories under MIG: MIG-I and MIG-II.
The annual household income for MIG-I should be between Rs.6 lakhs to Rs.12 lakhs, and for MIG-II, it should be
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between Rs.12 lakhs to Rs.18 lakhs.
The beneficiary or their family should not own a pucca house in any part of India to be eligible for the PMAY scheme.
Documents Required for PMAY Scheme
To apply for the PMAY scheme, the following documents are required:
- Aadhaar Card
- PAN Card
- Bank Account Details
- Income Certificate
- Passport-sized photographs
- Proof of Residence
How to Apply for PMAY Scheme?
To apply for the PMAY scheme, follow the below steps:
- Visit the official PMAY website at pmaymis.gov.in
- Click on “Citizen Assessment” under the “Menu” tab
- Select the appropriate category of the beneficiary – EWS/LIG/MIG
- Fill in the required details such as personal information, income details, and residential address
- Upload the required documents
- Click on “Submit”
After submitting the application, the system will verify the details, and if found eligible, the beneficiary will receive a subsidy on the home loan interest rate.
Benefits of PMAY Scheme
The PMAY scheme has the following benefits:
- Provides financial assistance to eligible beneficiaries to purchase or construct a house
- Offers subsidy on home loan interest rate, reducing the burden on the beneficiary
- Helps in the development of the housing sector, creating employment opportunities
- Promotes the construction of affordable housing, addressing the housing shortage in the country
- Provides a sense of security and dignity to the beneficiary by owning a house
Conclusion
The PMAY scheme is a game-changer for the housing sector in India. It aims to provide affordable housing to all by 2022 and has a target of constructing 20 million houses by that year. The scheme has two components – PMAY-Urban and PMAY-Rural – and is available to people belonging to the economically weaker sections (EWS), low-income group (LIG), and middle-income group (MIG). The scheme offers financial assistance to eligible beneficiaries to purchase or construct a house and provides a subsidy on the home loan interest rate. To check your name in the PMAY list 2023, visit the official PMAY website and follow the steps mentioned above.
FAQs
Can I apply for the PMAY scheme if I already own a house?
No, the PMAY scheme is available to people who do not own a pucca house in any part of India.
What is the subsidy on the home loan interest rate offered under the PMAY scheme?
The subsidy ranges from 6.5% to 4%, depending on the category of the beneficiary.
Can I apply for the PMAY scheme if I belong to the high-income group (HIG)?
No, the PMAY scheme is not available for the high-income group (HIG).
How do I know if I am eligible for the PMAY scheme?
You can check your eligibility by visiting the official PMAY website and entering your details.
What is the objective of the PMAY scheme?
The objective of the PMAY scheme is to provide affordable housing to all by 2022 and address the housing shortage in the country.
