प्रधानमंत्री आवास योजना सीएलएसएस - एमआईजी-II आवास ऋण
ऋण प्रदाता बैंक / संस्थान: Ministry of Housing and Urban Affairs (MoHUA)
3% interest subvention on home loans up to ₹12 Lakh for Middle Income Group families earning ₹12L–₹18L.
🏠उत्पाद विवरण एवं मुख्य लाभ (Product Overview & Benefits)
उत्पाद का संक्षिप्त विवरण
Middle Income Group II (MIG-II) category under PMAY-U providing 3% interest subvention for households earning between ₹12 Lakh and ₹18 Lakh annually.
प्रमुख लाभ एवं विशेषताएं
Up to ₹2,30,156 upfront principal reduction; expansive carpet area up to 200 sq.m (approx. 2,152 sq. ft.); seamless credit to loan account.
📋पात्रता मानदंड एवं संपत्ति आवश्यकताएं (Eligibility & Property Rules)
आवेदक की पात्रता शर्तें
Annual household income ₹12,00,001 to ₹18,00,000; carpet area up to 200 sq.m; first-time home buyer with no existing pucca house.
संपत्ति एवं तकनीकी शर्तें
Carpet area up to 200 sq.m; statutory urban master plan approved dwelling.
प्रीपेमेंट एवं फोरक्लोजर नियम (Prepayment Terms)
Zero prepayment penalties on floating rate loans
📂आवश्यक दस्तावेज (Required Documents)
Form 16/ITR for 2 years, salary slips for 3 months, Aadhaar card, Sale agreement, Affidavit of first pucca home.
⚠️क्या कमी है / महत्वपूर्ण चेतावनियां (Honest Disclosures & Caveats)
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible. Strict income ceiling of ₹18 Lakh household gross annual income.
🚀आवेदन के चरण (How to Apply)
Submit PMAY MIG-II undertaking through your lending institution's mortgage operations.
Apply at bank portal selecting MIG-II home loan under PMAY framework.
Visit retail asset hub of any commercial bank with salary documents and property agreements.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What is the maximum subsidy credited in MIG-II?
Under MIG-II, the maximum subsidy credited is ₹2,30,156 calculated on a ₹12 Lakh loan component at a 9% NPV discount rate.
What is the carpet area ceiling under MIG-II?
The dwelling unit carpet area is capped at 200 square metres (approximately 2,152 square feet).
Does the loan tenure have to be exactly 20 years?
No. The loan tenure can be up to 30 years depending on bank norms, but the subsidy calculation is capped at a 20-year repayment schedule.
Can parents and married son take two separate subsidies for two flats in same building?
Yes, if the married son qualifies as a separate household with independent income and neither owns another pucca house.