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What is the PMAY subsidy calculator?

The PMAY subsidy calculator is an online tool that helps estimate the subsidy you can get under the Pradhan Mantri Awas Yojana based on your income and loan details.

How does the PMAY Home Loan subsidy calculator work?

It calculates your subsidy using your income group, Home Loan amount, interest rate, and tenure as per the CLSS guidelines.

Who is eligible to use the PMAY subsidy calculator?

Any Indian citizen planning to buy or construct a house and meet PMAY eligibility can use the calculator to estimate their subsidy.

What details are required to calculate PMAY subsidy?

You need to enter your annual household income, loan amount, interest rate, and tenure to get an estimate using the calculator.

How much subsidy can I get under PMAY?

The maximum subsidy ranges from ₹ 2.30 Lakh to ₹ 2.67 Lakh based on your income group and eligibility under CLSS.

Is the PMAY subsidy calculator free to use?

Yes, it is completely free to use.

Does the calculator show the exact subsidy amount?

It gives an approximate subsidy amount based on your inputs. The final subsidy is credited after verification by NHB or HUDCO.

How accurate is the PMAY subsidy calculator?

The calculator is quite accurate for estimates, but the actual subsidy may vary slightly depending on the final loan sanction and NHB review.

Can I apply for PMAY directly after calculating the subsidy?

Yes, once you check your eligibility and subsidy, you can apply for the scheme through a lender registered under PMAY CLSS.

What is the maximum subsidy available under PMAY?

The maximum subsidy available under the Credit Linked Subsidy Scheme is ₹ 2.67 Lakh for EWS and LIG category households.

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