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Pradhan Mantri Awas Yojana – Housing For All

Date : 01/06/2015 - | Sector: Tamil Nadu Slum Clearance Board

1. Credit Linked Subsidy Scheme

In this Scheme Rs.6,00,000/- (or) Rs. 9,00,000/- (or) Rs.12,00,000/- will be given to the beneficiaries through the bank. The Interest rates at 6.5% to Rs.6,00,000/-, and 4% to Rs. 9,00,000/-, and 3% to Rs.12,00,000/- will be given as subsidy.

2. Affordable Housing Partnership

In this scheme one of the houses in the apartment will be allotted to the beneficiaries. Beneficiary has to pay 10% amount as an installment in the total value of the house.

3. Beneficiary Led Construction

In this scheme beneficiaries will be given Rs.2,10,000/- on four installments. Houses built in this scheme measured should not less than 300 Sq.ft. and not more than 600 Sq.ft.

Eligibility Condition

  • Beneficiary Income should be less than 3 lakhs per annum.
  • Beneficiary should be a married person.
  • Beneficiary should not have an own concrete house.

Procedure to obtain the benefit/Service

Beneficiaries should submit the documents like Land deed or Patta, Aadhaar Card, Voters Identity card, Ration Card and Bank pass book.

Beneficiary:

All citizen of India whose income less 3 laksh

Benefits:

Financial assistance to construct own house