Pradhan Mantri Awas Yojana – Credit Linked Subsidy Scheme (PMAY-CLSS)
Ministry Of Housing and Urban Affairs
PMAY's Credit Linked Subsidy Scheme gives eligible first-time homebuyers interest subsidy on their housing loan, reducing EMI burden. Apply through your home loan bank or housing finance company, which processes the subsidy after loan sanction.
Key facts
- Nodal ministry
- Ministry Of Housing and Urban Affairs
- Level
- Central
- Launched
- 2015
- Last date
- Check PMAY portal for current scheme phase dates
- Helpline
- 1800-11-6163
What you get
Eligible home loan borrowers get interest subsidy on their housing loan, credited upfront to reduce the effective loan amount and EMI, making home ownership more affordable for economically weaker and middle-income families.
Who is eligible
First-time homebuyers from EWS, LIG and MIG categories (income-based slabs) without a pucca house in their name anywhere in India are eligible; the woman of the household should ideally be a co-owner.
Documents you need
Aadhaar card, income proof, property documents, bank loan sanction letter, and affidavit of no existing pucca house.
How to apply
Apply through your home loan lending bank/housing finance company, which processes the CLSS subsidy claim with the Central Nodal Agency after loan sanction.
Frequently asked questions
Who is eligible for PMAY CLSS?
First-time homebuyers from EWS, LIG and MIG income categories without an existing pucca house.
How is the CLSS subsidy given?
As an upfront interest subsidy credited to the borrower's loan account, reducing the principal and EMI.
Do I apply for CLSS separately from my home loan?
No, your lending bank or housing finance company processes the CLSS subsidy claim as part of the home loan process.