Chandigarh implements interest subsidy scheme under PM Awas Yojana
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Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only BenefitsThe UT Administration has implemented the Pradhan Mantri Awas Yojana-Urban 2.0 under the Interest Subsidy Scheme (ISS) in Chandigarh. Under the scheme families belonging to EWS/LIG and MIG categories living in urban areas, having no pucca house anywhere in the country, are eligible for purchase or construction of house under PMAY-U 2.0.
Households belonging to EWS, LIG and MIG category with an annual income of up to Rs 3 lakh, Rs 6 lakh and Rs 9 lakh, respectively, will be eligible to avail the benefit of the scheme.
For availing the benefit under ISS vertical, eligible beneficiaries will be required to register
their demand through Unified web-portal https://pmaymis.gov.in/PMAYMIS2024/PmayDefault.aspx. Subsequently, the application will be forwarded to the concerned primary lending institutions for further necessary action as per the eligibility criteria.