How to Apply for Home Loan Benefits Under the Pradhan Mantri Awas Yojana?

November 20, 2020 RAWAT 0 Comments

The government-sponsored Pradhan Mantri Awas Yojana (PMAY) was launched in 2015 with the objective of providing housing for all by 2022. Under this scheme, assistance will be provided to all beneficiaries.

It primarily targets families and individuals from the economically weaker sections, urban and rural poor and the lower income groups. Pradhan Mantri Awas Yojana (PMAY) categorises applicants into four main groups, which are – (1) Economically Weaker Section (annual household income not more than Rs.3 lakhs), (2) Lower Income Group (annual household income between Rs.3 lakhs to Rs.6 lakhs), (3) Middle Income Group (annual household income between Rs.6 lakhs to Rs.18 lakhs), and (4) Inhabitants of slum areas.


Individuals must follow a specific application process to avail a loan under the PM Awas Yojana. The primary documents that are required include – (a) identity proof, (b) address proof, and (c) income proof.

Online application process for the Pradhan Mantri Awas Yojana

Following steps need to be followed during online application under this housing scheme

Step 1: Identify the category to which you belong.

Step 2: Access the official website of Pradhan Mantri Awas Yojana.

Step 3: In the main menu on the site’s home page, click on the drop-down menu of 'Citizen Assessment'. Then, choose the appropriate category.

Step 4: Next, Aadhaar details will have to be entered on the redirected page.

Step 5: Proceed to fill the application form with necessary information such as personal details, bank account and income details, residential address, etc.

Step 6: Before final submission, enter the captcha code, and verify the entered details for accuracy.

The status of home loan applications can be checked by clicking on ‘Track your Assessment Status’ option, which is included in the ‘Citizen Assessment’ menu.

Offline application process of Pradhan Mantri Awas Yojana

One can also opt to apply offline for home loan subsidy provided under this scheme.

       Offline forms to be collected from state government-run Common Service Centres (CSCs).

       The price of such forms is Rs.25. GST will be added to the amount.

       The application form will have to be duly filled out and submitted.

There are a few things that should be kept in mind with respect to the offline application process of Pradhan Mantri Awas Yojana. The application form is available in any other housing finance company, both government-backed and non-banking finance companies. Documents mentioned in the form will have to be submitted along with it. It is advised to determine the PMAY eligibility criteria of the applicant before initiating the application process.

It must be noted in this regard that no company or private individual is authorised to collect funds in lieu of providing benefits under the Pradhan Mantri Awas Yojana.

Application process for slum dwellers

As mentioned previously, slum dwellers are also eligible under this scheme, and PMAY eases their way to become a homeowner. Here is the process for such applicants in brief –

1.      Login to the official website of the scheme.

2.      Select the option ‘For Slum Dwellers’ the menu of ‘Citizen Assessment’.

3.      Put in the Aadhaar number and submit.

4.      If mentioned details are correct, then the applicant will be redirected to another page where all the necessary details will have to be entered.

5.      Once all such information has been entered, applications can be submitted for verification.

Applicants who do not fulfil the requirements mentioned under PMAY scheme can avail home loans from some of the leading financial institutions in India. Looking for lenders also extend pre-approved offers to customers which make the process of availing loan much simpler. Mostly, such offers include various financial products, including home loans and loans against property. Check your pre-approved offer online by providing few basic details such as name and contact number.

Nevertheless, such lenders have also been a part of the financial institutions serving to fulfil the agenda of providing home loan subsidy to first-time home applicants. In this regard, it is essential to opt for a lender who is a part of this initiative so that a borrower can benefit from the subsidies successfully.

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