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Step By Step Process to Avail Home Loan Subsidy Under Pradhan Mantri Awas Yojana


Everyone must have a roof over their heads. Therefore, PM Narendra Modi launched the Pradhan Mantri Awas Yojana (PMAY) in 2015, intending to establish “housing for all” across India. This scheme aims at urban and rural populations alike. This yojana provides affordable housing for economically disadvantaged and low-income groups.

Pradhan Mantri Awas Yojana Gramin is a scheme designed mainly to make housing loans affordable for those in need. With lower home loan rates, everyone can now afford a permanent home. This scheme has two main sections: PMAY-U and PMAY-G. PMAY-U benefits urban areas where economically weaker, low-income, and middle-income groups are eligible. PMAY-G is for the rural population. The rates for each of these are different, depending on the financial condition. These all come under the CLSS, a Credit-Linked Subsidy Scheme for only home loans.

In this article, we will throw some light on the steps to follow to avail home loan subsidies.

Eligibility Criteria for the PMAY Scheme

Before starting the procedure to fill out the PMAY form, check if you are eligible for it. You can check the points of eligibility below.

  1. This scheme is only for home loans.
  2. You can benefit from this scheme only if your loan amount does not exceed Rs. 6 Lakhs.
  3. If your maximum loan amount is Rs. 2.67 Lakhs, you can gain the benefit.
  4. The family looking for the subsidy must not have any pucca houses. This is most commonly the case for those under Pradhan Mantri Awas Yojana Gramin. PMAY-U can also opt for it if the family encounters space issues in migration.
  5. Pradhan Mantri Awas Yojana Gramin’s online application is open for those with no prior housing scheme benefits.
  6. A married couple applying jointly would be eligible for a single pucca home loan subsidy under PMAY.
  7. MIG category families require Adhaar Card to confirm the application for PMAY subsidy.

Steps to Avail Home Loan Subsidy under PMAY

Calculate Your Current Earnings

It is a good idea to check your financial situation before going for the Pradhan Mantri Awas Yojana Gramin online application. This will tell you if you fall into any categories under the PMAY scheme. Hence, calculating your income is a good way to check how much land you can afford. 

Online PMAY income calculators are available for you to check now. 

Fill PMAY Application Now

You can easily fill out the offline application forms at common service centers everywhere. A certain fee of Rs. 25 is required to fill out the form.

If you are filling out the online application, follow the steps below:

  1. Open the browser and type in the PMAY official website address: https://pmaymis.gov.in.
  2. In the list of tabs, find “Citizen Assessment” and click on it. Then, you can choose the category under which you can apply. 
  3. You will be required to submit the Adhaar Card details at this step. This is necessary for the home loan subsidy application form’s completion.
  4. After submission, you will be taken to the form where more personal details need to be filled in. 
  5. Finally, you can click on the SAVE option for later use in the PMAY application form.

Fill Loan Application Form

Firstly, you are required to submit the online or offline PMAY application form. Then, you can visit a nearby bank or non-banking financial company such as Piramal Finance. You would be able to easily obtain the home loan subsidy here. Along with the PMAY application form, you would need the following: 

  1. income proof, 
  2. details of any investment, 
  3. any properties, 
  4. the details and information of the co-applicant or joint partner. 

Checking Online PMAY Application Status

You can check the status online using one of the two methods.

With Assessment ID

  1. Go to the official PMAY website.
  2. Click on the “Assessment Tab” and find the “Tracking Application Status” option.
  3. Next, choose “By Assessment ID” out of the two options. Enter the ID provided at the time of PMAY application form submission.
  4. Click “Submit.” On the screen, you will see information about the application form’s status.

With Personal Details

  1. Go to the official PMAY website.
  2. Click on the “Assessment Tab” and find the “Tracking Application Status” option.
  3. Next, out of the two options, choose “By Name, Father’s Name, Mobile Number.”
  4. Provide the state, district, and city details of your application.
  5. Further, you can fill in the details of your name, father’s name, and mobile number.
  6. Once you are done, you can click on the “Submit” option. 
  7. Your application status will be visible on the screen.


You can avail the complete benefits of the Pradhan Mantri Awas Yojana Gramin as per your eligibility. You can rely on Piramal Finance to get you the best possible solution. The home loan schemes presented here are all designed to benefit the beneficiaries as much as possible. Therefore, you can gain greater benefits if you opt for a premier financial institution like Piramal Finance. Those can be related to the PMAY scheme and any other value-added services we can provide. Every benefit is calculated with your financial situation and income in mind to assist with your home loan EMI.

You can get all the details about the Pradhan Mantri Awas Yojana Gramin Online Application. You can check with the Piramal Finance website and the team’s professionals. They will guide you step by step through filling out the form and checking your eligibility. You can submit a loan form and check your status with expert help. In the end, you can discuss and plan the details of the EMI repayment.