MINISTRY OF HOUSING & URBAN AFFAIRS · MINISTRY OF RURAL DEVELOPMENT
PMAY Housing Subsidy & Benefit Calculator
Simulate your official housing benefits under PMAY-Urban 2.0 (Interest Subsidy Scheme) and PMAY-Gramin (Pucca Housing Grant) with statutory MGNREGS and toilet convergence.
Property value must not exceed ₹35 Lakh for EWS/LIG families under PMAY-U 2.0 guidelines.
₹
₹2 LakhSubsidized ceiling: ₹8 Lakh₹50 Lakh
Years
5 Years25 Years
%
7.00%4.0% Govt Subvention applied12.00%
PMAY-Urban 2.0 BenefitELIGIBLE
₹1,80,000
Maximum Interest Subvention across 5 YearsAnnual Subsidy Tranche:₹36,000 / year
Standard Monthly EMI:₹13,017
Subsidized Monthly EMI (First 5 Yrs):₹10,350
Monthly Cash Savings:~₹2,667 / month
Subsidy Credit Route:Direct Credit to Loan A/C
ℹ️ Release Mechanism: Released by National Housing Bank (NHB) / HUDCO in 5 annual installments of ₹36,000 credited directly into the loan account, reducing principal immediately.
Plain states share cost 60:40 (Center:State); NE and Himalayan states receive 90:10 central funding.
Mandatory Statutory Convergence Benefits:
MGNREGS Unskilled Wage Support:90 Days (~₹24,300)
Beneficiary family earns guaranteed daily wage labor assistance for 90 days (plains) or 95 days (hilly) towards construction.
Swachh Bharat Mission (SBM-G) Toilet Grant:₹12,000
Direct incentive disbursed under Swachh Bharat Mission for constructing an individual household latrine (IHHL).
PMAY-Gramin Total Benefit100% GRANT
₹1,56,300
Total Non-Repayable Assistance into Bank AccountBase Housing Unit DBT:₹1,20,000
MGNREGS Labor Component:₹24,300
SBM Toilet Grant:₹12,000
Beneficiary Self Contribution:₹0 (Zero Required)
Minimum Plinth Area:25 sq. metres (incl. Kitchen)
✅ Direct DBT Release: Disbursed directly into Aadhaar-seeded bank accounts in 3 installments tied to geotagged physical verification (Plinth, Lintel, and Completion).
Official PMAY Guidelines & Statutory Notes (2025–2026)
- PMAY-Urban 2.0 (Cabinet Approval Aug 2024): Provides a 4.0% interest subsidy on housing loans up to ₹8 Lakh for families with annual income up to ₹6 Lakh (EWS/LIG). Maximum subsidy is ₹1.80 Lakh credited in 5 annual tranches.
- PMAY-Gramin Extension: Target to construct 2 Crore additional rural pucca houses through 2029 with verified SECC 2011 / Awaas+ beneficiary mapping.
- Mandatory Ownership Norm: House or flat must be owned solely by female head of household or jointly with husband, ensuring statutory women empowerment.