Do you qualify for PMAY?
Six quick questions to see whether you may qualify for the PMAY-Urban 2.0 interest subsidy, with an indicative estimate. Final eligibility is decided by your lender and the scheme portal.
What is your annual household income?
Include income of all earning members in your family
Published Criteria
Based on PMAY-U 2.0 interest subsidy terms; indicative only
One-Minute Quiz
Six questions, instant indicative result
Advisor-Backed
We help you apply if eligible
Everything About the PMAY Subsidy
Answers to the most common questions about the Pradhan Mantri Awas Yojana home loan interest subsidy.
What is PMAY-Urban 2.0?
Pradhan Mantri Awas Yojana-Urban 2.0 is the government's urban housing mission approved in 2024. Its Interest Subsidy Scheme (ISS) replaced the old Credit Linked Subsidy Scheme (CLSS), which closed in 2022. Under ISS, eligible EWS, LIG and MIG families get a 4% interest subsidy on the first Rs 8 lakh of a home loan for up to 12 years.
Who is eligible for the PMAY-U 2.0 interest subsidy?
Broadly: annual household income up to Rs 9 lakh; no pucca house owned by the family anywhere in India; a home loan up to Rs 25 lakh for a house valued up to Rs 35 lakh; and a carpet area up to 120 sq m in an urban area. The quiz checks these points, but it is indicative only; final eligibility is decided by the lender (Primary Lending Institution) and the scheme portal.
What are the PMAY-U 2.0 income categories?
EWS (Economically Weaker Section): household income up to Rs 3 lakh. LIG (Low Income Group): Rs 3–6 lakh. MIG (Middle Income Group): Rs 6–9 lakh. The interest subsidy terms are the same for all three categories.
How much subsidy can I get?
The subsidy is the present value (at a 9% discount rate) of a 4% interest subsidy on up to Rs 8 lakh of your loan over up to 12 years, capped at Rs 1.80 lakh. It is released to your loan account in 5 yearly instalments. The quiz shows an indicative estimate; the actual amount depends on your loan and the scheme's own calculation.
Does the house need to be in a woman's name?
The scheme encourages houses in the name of the woman head of the family or in joint name. Check the current guidelines with your lender, as requirements can differ by component and case.
Can I apply for PMAY directly?
You apply for a home loan with a lender that participates in PMAY-U 2.0 (a Primary Lending Institution) and complete the scheme application through it and the official portal. The lender checks your documents and claims the subsidy on your behalf.
Is PMAY still active in 2026?
PMAY-Urban 2.0 runs from 2024 for five years. Scheme parameters can be revised, so confirm current terms on the official PMAY-U 2.0 portal or with your lender before relying on the estimate.
Does this quiz guarantee approval?
No. The quiz gives an indicative self-assessment based on published scheme criteria. Final eligibility and subsidy are decided by the lender (PLI) and the scheme portal after verifying your income, ownership status, property documents and credit profile.
Eligible for PMAY? Let us apply for you.
We work with PMAY-linked lenders and can help with the subsidy paperwork. The lender and scheme portal decide eligibility; any subsidy approved is credited to your loan account.