केंद्र सरकार · Ministry Of Housing & Urban Affairs
Credit Linked Subsidy Scheme for Middle Income Group
मुख्य लाभ
Scheme will support the acquisition/construction of houses (including repurchase) of 160 sq.
क्या यह योजना आपको मिलेगी?
शर्तें एक नज़र में
- परिवार की सालाना आमदनी ₹18 लाख तक
योजना की जानकारी सरकारी वेबसाइट की तरह अंग्रेज़ी में है। हिंदी में सुनने के लिए “आसान हिंदी में समझाएँ” दबाएँ।
योजना के बारे में
The Ministry of Housing and Urban Affairs (MoHUA) has introduced an interest subsidy scheme for acquisition/construction of houses (including repurchase) to cater to the Middle Income Group (MIG) called "Credit Linked Subsidy Scheme for Middle Income Group (CLSS for MIG)” given the projected growth of urbanization in India and the consequent housing demands. CLSS for MIG will be implemented initially in 2017 for a period of one-year w.e.f. 01 January 20
7. This will also be implemented as a Central Sector Scheme. Under the Scheme, beneficiaries of the Middle- Income Group (MIG) can seek housing loans from Banks, Housing Finance Companies, and other such institutions for the acquisition/ construction of houses (including re-purchase).
Key highlights of the scheme:
Coverage:
All the Statutory towns as per Census 2011 and towns notified subsequently including Notified Planning/Development Areas and the areas falling within notified Planning/Development area under the jurisdiction of an Industrial Development Authority/Special Area Development Authority/Urban Development
Authority or any such Authority under State legislation.
Purpose:
Interest subsidy on housing loan for acquisition/construction of houses (including re-purchase).
Beneficiary:
A beneficiary family will comprise a husband, wife, unmarried sons, and/or unmarried daughters. An adult earning member (irrespective of marital status) can be treated as a separate household.
Monitoring:
CLSS for MIG will be implemented and monitored by the Mission Directorate formed under MoHUPA to implement PMAY(U) Mission.
State Level Sanctioning & Monitoring Committee (SLSMC) and State Level Bankers Committee (SLBC) will monitor the scheme through its prevalent institution mechanism.
लाभ
- Scheme will support the acquisition/construction of houses (including repurchase) of 160 sq. mts. (For MIG I) and 200 sq. mts. (For MIG II) carpet area as per income eligibility with basic civic infrastructure like water, toilet, sanitation, sewerage, road, electricity, etc.
- Beneficiaries of MIG will be eligible for an interest subsidy with the following features:
- ParticularsMIG IMIG IIHousehold Income (₹ per annum)6,00,001 - 12,00,00012,00,001 - 18,00,000Interest Subsidy (% per annum)4%3%Maximum loan tenure (in years)2020Eligible housing loan amount for interest subsidy (₹)9,00,00012,00,000Dwelling Unit Carpet Area160 sq. mts. 200 sq. mts. Discount rate for Net Present Value (NPV) calculation of interest subsidy (%)9%9%Note 01: Interest subsidy will be available only for loan amounts indicated in the table for the tenure of 20 years or during the tenure of the loan whichever is lower.
- Note 02: Additional loans beyond the specified limit, if any, will be at a non-subsidized rate.
कौन आवेदन कर सकता है
- The beneficiary family should not own a pucca house (an all-weather dwelling unit) either in his/her name or in the name of any member of his/her family in any part of India. In in case of a married couple, either of the spouses or both together in joint ownership will be eligible for a single house, subject to the income eligibility of the household under the Scheme.
- A beneficiary family should not have availed of central assistance under any housing scheme from the Government of India.
- Middle Income Group-I (MIG-I) - annual household income exceeding ₹6 lakhs and up to ₹12 lakhs seeking housing loans from Banks, Housing Finance Companies (HFCs), and other such institutions for acquiring/ constructing houses.
- Middle Income Group-II (MIG-II) - annual household income exceeding ₹12 lakhs and up to ₹18 lakhs seeking housing loans from Banks, Housing Finance Companies (HFCs), and other such institutions for acquiring/ constructing houses.
- Note: Preference from MIG segments, may be given to women (with overriding preference to widows, and single working women), persons belonging to Scheduled Castes/Scheduled Tribes/Other Backward Classes, persons with disabilities, and Transgender.
ज़रूरी कागज़ात
जो कागज़ आपके पास हैं, उन पर टिक करें। हम याद रखेंगे।
7 में से 0 तैयार
आवेदन कैसे करें
Offline
Application Processes:
- १
The eligible applicant can apply through the financial institutions or banks that participate in the PMAY initiative.
- २
Collect the application form through institutions or banks and fill out it completely.
- ३
The completely filled form is submitted to the lender along with the required papers.
- ४
The loan amount will be deposited into your bank account after verification.
- ५
After the loan is disbursed, your lender will contact the nodal agencies to begin the process of collecting interest subsidies.
- ६
The interest subsidy will be credited to your loan account upon verification, and your loan amount will be reduced, lowering your Equated Monthly Installment amount. Note 01: Interest subsidy will be credited upfront to the loan account of beneficiaries through Primary Lending Institutions (PLIs) resulting in reduced effective housing loans and Equated Monthly Installments (EMI). Note 02: PLIs are identified as Scheduled Commercial Banks, Housing Finance Companies, Regional Rural Banks, State Cooperative Banks, Urban Cooperative Banks, Small Finance Banks, Non-Banking Financial Company-Micro Finance Institutions (NBFC MFIs) or any other institution as may be identified by the MoHUA. Note 03: PLIs shall link the details of the Aadhaar Number(s) of the beneficiary family to avoid duplication before submitting claims to CNAs. Track Application in the CLSS tracker:
- ७
Applicant will visit CLAP Portal.
- ८
On the Home Page, there is CLSS tracker, where the applicant will enter the Application ID as received through SMS from CLAP.
- ९
On entering of valid Application ID, the system will send an OTP code on the mobile numbers of the applicant as registered in CLAP Portal during Process-1 through PLIs.
- १०
On entering a valid OTP code, the system will display the stages of the beneficiary's application. The system will display all passed stages with green colour and in the process stage with blue colour.
- ११
If the applicant existing CLSS beneficiary who has received a subsidy amount in multiple disbursements, then the CLSS tracker will display details of all past disbursements i.e. dates of disbursement and subsidy amounts. Central Nodal Agencies: National Housing Bank (NHB), Housing and Urban Development Corporation (HUDCO), and State Bank of India(SBI) have been identified as Central Nodal Agencies (CNAs) to channel this subsidy to the lending institutions and for monitoring the progress of this component. Ministry may notify other institutions as CNA in the future. Toll-Free Helpline Numbers: NHB: 1800-11-3377, 1800-11- 3388HUDCO: 1800-11-6163SBI: 1800-11-2018
आम सवाल
What is Affordable Housing through Credit Linked Subsidy Scheme for MIG?
Under Credit Linked Subsidy Scheme, beneficiaries of Middle- Income Group (MIG) can seek housing loans from Banks, Housing Finance Companies and other such institutions for acquisition/ construction of house (including re-purchase). The credit linked subsidy will be available only for loan amounts upto Rs. 9 lakhs for MIG-I and Rs 12 lakhs for MIG-II and such loans would be eligible for an interest subsidy at the rate of 4 % and 3% respectively for a tenure of 20 years or during tenure of loan whichever is lower. The Net Present Value (NPV) of the interest subsidy will be calculated at a discount rate of 9%. Any additional loan amount beyond the limit will be at non-subsidized rate. However, the carpet area of the house should be strictly restricted within the permissible carpet area of 160 sq m and 200 sq m for MIG-I and MIG-II categories respectively.
What are the income norms for various categories?
MIG I households with an annual income more than Rs.6 lakh and up to Rs.12 lakh. MIG II households with an annual income more than Rs. 12 lakh and up to Rs. 18 lakh.
When was the PMAY scheme launched by the Government for MIG?
CLSS under vertical of Pradhan Mantri Awas Yojana -Urban for Middle Income Groups was launched by the Government of India with the effect from January 1, 2017.
What is the process of crediting the interest subsidy?
The subsidy is released by the CNAs based on the disbursements made by PLIs to the beneficiaries. Subsidy, disbursed by the CNA to the PLI, is credited by the PLI to the borrower's home loan account upfront by deducting it from the principal loan amount. As a result, the borrower will pay EMI on the remainder of the principal loan amount.
What is the role of States/ UTs/ ULBs for Affordable Housing through Credit Linked Subsidy scheme?
Role of States/UTs/ULBs under this vertical would be as under: States/UTs/ULBs/PLIs shall ensure link beneficiary identification through Aadhaar for de-duplication. State Level Nodal Agency (SLNA) identified by State/UT for implementing the PMAY(U) will facilitate the identified eligible beneficiaries in getting approvals and documents, etc. to avail of Credit Linked Subsidy Scheme.
Who are the Central Nodal Agencies (CNAs) and what is their role in disbursal of subsidy under CLSS to PLIs?
As of now, HUDCO, NHB and SBI have been identified as CNAs to channelize the credit linked subsidy to the PLIs and monitor the progress of CLSS. Ministry may notify other Institutions as CNA in future.
Which are the PLIs through whom this interest subsidy is released or credited?
Primary Lending Institutions such as Scheduled Commercial Banks (SCB), Housing Finance Companies (HFCs), Regional Rural Banks (RRBs), State Cooperative Banks, Urban Cooperative Banks (Scheduled as well as Non-scheduled), Small Finance Banks (as approved by the Reserve Bank of India) and Non-Banking Financial Company-Micro Finance Institutions (NBFC- MFIs) (as registered with Reserve Bank of India) which have signed MoUs with any one of the CNAs.
Whether PLIs have to sign MoUs with CNAs for claiming subsidies?
Yes, PLIs can register with any CAN after signing MoU as provided in Annexure-I in the PMAY (U) guidelines.
How subsidy is disbursed to the CNAs?
An advance subsidy is released to each CNA at the start of the scheme. Subsequent amount of credit linked subsidy will be released to the CNAs after 70% utilization of earlier amounts based on claims raised by CNAs.
Is there any preferential treatment for beneficiaries proposed for Affordable Housing through Credit Linked Subsidy Scheme?
Yes, Preference under the CLSS will be given to Manual Scavengers, Women (with overriding preference to widows), persons belonging to Scheduled Castes/ Scheduled Tribes/ Other Backward Classes, Minorities, Persons with disabilities and Transgenders subject to beneficiaries being from EWS / LIG, MIG -I & II segments as applicable.
What happens when the subsidy has already been disbursed, but due to certain reasons, the construction of the house is stalled?
In cases where the construction of house is not completed within 36 months from the date of release of the first disbursement, subsidy is to be recovered by the PLI and refunded to the CNA who had released the subsidy.Since the subsidy is released to the
Yes Is there any limit or upper cap on the value (Cost) of the property for which home loan can be availed?
No.