Pradhan Mantri Awas Yojana Kerala - PMAY Gramin List 2022, Application Form, Eligibility

The Indian government has introduced the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana for citizens of India who fall under the Low Income Group (LIG) and the Economically Weaker Section (EWS) of society. A recipient of this program is qualified to get interest concessions on loans taken out for either buying or building a pucca house. It should be mentioned that interest subsidies might range up to 6.50% annually. Additionally, it should be remembered that Kerala's Indian inhabitants may also qualify for the PMAY program's benefits. You will be guided through all you need to know in this article.

Pradhan Mantri Awas Yojana Kerala Features & Benefits

• Urban poor people living in urban India are eligible for the PMAY Kerala program. This segment of Indian society comprises people between 18 and 65 who earn less than $6,000 per year. It should be mentioned that Kerala's rural and urban areas both participate in the PMAY Kerala program. These regional organizations are, however, referred to as PMAY rural Kerala and PMAY urban Kerala, respectively.
• It is important to remember that women are essential to the Pradhan Mantri Awas Yojana Kerala. For some socioeconomic strata, female property ownership is required.
• The PMAY Kerala scheme's leaders primarily focus on families that consist of a husband, a wife, and unmarried children.
• The Credit, as mentioned above, Linked Subsidy, is also offered for house loans secured to build new rooms, add a kitchen or bathroom, or do other similar things.
• Under the Pradhan Mantri Awas Yojana Kerala project, the carpet space of the home should also be built or increased. It should be up to 30 square meters for those who belong to the economically weaker section of society and 60 square meters for those who belong to lower income groups.
• The loan applicant must provide a self-attested certificate or affidavit as proof of their annual income to be identified as a PMAY Kerala recipient member of the two groups mentioned above.

Benefits that Different Types of PMAY Kerala Beneficiaries Can Receive

Here we are giving the details of various kinds of Pradhan Mantri Awas Yojana beneficiaries:

• EWS & LIG – Income should be up to ?6,00,000, and Max carpet area has to be 30/60, and the interest subsidy has to be 6.50 %
• MIG 1- Income should be up to six to twelve lakhs, Max carpet area have to be 160, and the Interest subsidy has to be 4.00 %
• MIG 2- Income should be twelve to eighteen lakhs, the Max carpet area must be 200, and the interest subsidy must be 3.00%.

Eligibility Requirements for Kerala's Pradhan Mantri Awas Yojana Beneficiaries

• First-time homebuyers must also be the intended users of the subject property.
• Adding a woman as a co-applicant is required for those members of the EWS/LIG groups. The property can be registered in the name of the adult male household member if there isn't an adult female resident. Suppose a loan has been taken out to build a home. In that case, the property may be in the name of the male household member who hopes to get benefits under the Pradhan Mantri Awas Yojana Kerala program, providing the land was purchased before the program's commencement date.
• Neither the federal government nor the state of Kerala should have provided subsidies or benefits to the applicant of the house loan subsidized under PMAY Kerala.
• Neither the loan applicant nor any of their dependents may be listed as the owner of a property situated on Indian land.
• Middle Income Group (MIG) members are not eligible to receive a loan through the Pradhan Mantri Awas Yojana Kerala program to renovate or upgrade their homes.
• The property that the beneficiary of the PMAY in Kerala is taking out a loan for needs to be included in the 2011 census of urban areas.

Documents needed for beneficiaries of the Pradhan Mantri Awas Yojana in Kerala

A person must carry the following documents if they want to apply to become a PMAY Kerala beneficiary successfully:

• Photos and KYC documents for each application. For anyone applying to be a beneficiary of the PMAY Kerala scheme, an Aadhar Card is a requirement.
• For people who are paid a salary, bank statements that go back anywhere from three to six months will be needed.

For Self-Employed Individuals: 

• Income Tax Returns and financial documents going back at least two years are required. In addition, bank statements going back up to two quarters are also needed.
• The PMAY Kerala loan applicant will need to present documentation that could serve as their proof of income to be recognized as a member of the EWS or LIG community.
• A replica of the customer declaration commitment.

The Pradhan Mantri Awas Yojana Application Process (PMAY)

The PMAY Housing for All program aims to give millions of urban poor people a place to live. The government has designated over 2,508 cities and towns throughout 26 states of the union and plans to construct over 2 million homes by the deadline of 2022. The deadline for LIG and EWS category applications is March 31, 2022. The deadline to apply for the PMAY program under the MIG(I and II) category was March 31, 2019.

How Does the Pradhan Mantri Awas Yojana Work for Applicants for Homes?

People can apply for a home under the program through a straightforward process established by the Ministry of Housing and Urban Development. A person must fill out all of the necessary information on the form, which is essentially two pages long. Here is a description of each page, page by page, so you know what to expect:

• "Enter Aadhaar Number" on page 1. The application moves on to the following page after validating the Aadhaar number. The government uses the Aadhaar number to verify that a person applies for the program and does not cheat the system.

• Page 2: Enter the applicant's personal information. They must disclose information about the state where they currently reside, the family's head, present address, and other crucial facts.

There are two ways to use the Pradhan Mantri Awas Yojana:

·  Under the other three components: The Housing for All by 2022 Scheme counts the Economically Weaker Sections (EWS), Middle Income Groups (MIGs), and Lower Income Groups (LIGs) as beneficiaries. The annual income ceiling for EWS is set at Rs. 3 lakh. The LIG's maximum annual income ranges from Rs. 3 lakh to Rs. 6 lakh. MIG's yearly income cap is between Rs. 6 lakh and Rs. 18 lakh. The MIG and LIG categories are eligible to use the CLSS component. EWS, on the other hand, is qualified for support across all verticals.

· Slum Dwellers - A slum is a neighborhood where 60 to 70 households, or roughly 300 individuals, reside in shoddily constructed homes. These areas lack sufficient infrastructure, drinking water, and sanitation amenities, and their surroundings are unclean. These people are eligible to apply for the Pradhan Mantri Awas Yojana's Housing for All by 2022 Program.

Giving a subsidy on the Interest Rate of a Home Loan during repayment by way of an EMI makes home loans accessible for the urban poor.

PMAY has a tonne of features and advantages, which are essentially detailed below:

• All program beneficiaries who take out housing loans with terms of up to 20 years are eligible for interest rate subsidies of up to 6.5 percent; however, the amount of these subsidies varies depending on beneficiaries' income slabs.
• · Annually, up to 6 lakh - For loans up to Rs. 6 lakh, credit-linked subsidies of 6.5% will be available.
• Up to 6 lakh per annum - People earning up to 6 lakh per annum will be eligible for credit-linked subsidies of 6.5%;
• Up to 12 lakh per annum - People earning up to 12 lakh per annum will be eligible for 4% interest subsidies on a loan amount of 9 lakh; 
• Up to 18 lakh per annum - People are earning up to 18 lakh per annum income category will be eligible for 3% subsidies on a loan amount of 12 lakh.
• Under the PMAY program, older persons and people with disabilities can choose to have a home on the ground level. 
• Houses will be built using sustainable and eco-friendly technology.
• Any additional loan above the subsidized loan amount will be at a non-subsidized rate.

The PMAY incentives are available for purchasing a home directly from a builder or developer and purchasing a home that has already been sold. Even for the building of a house, you can get a loan. It is also interesting to know that PMAY applies for the Credit Linked Subsidy Scheme (CLSS) component's upgrade of a "kutcha" house to a "pucca" dwelling.

The preferred and significant recipients of PMAY include;

• Lists of scheduled castes and tribes
• Borrowers from the economically disadvantaged section (EWS) of society are eligible for the PMAY.
• Section with Weaker Economy (EWS - with a maximum annual family income of Rs. 3,00,00)

How to Apply for PM Awas Yojana Online for Slum Dwellers?

The application slum residents must use to apply for a house is the same because the PMAY website employs an integrated platform. While all of the above steps will be carried out, you should make a brief side trip:

• From the dropdown menu next to "Citizen Assessment," select "For Slum Dwellers."
• Type your Aadhaar number and press the submit button. (The website will check to see if the Aadhaar information is accurate.)
• If the information provided is accurate, you will be directed to the following page, where you must provide all the necessary data, including your name, income, number of family members, residence address, contact information, and age of the head of the household.

Lastly,

Individuals eligible for the PMAY scheme are: Any household with an annual income between ? 3 lakh to 18 lakh can apply for this scheme. No candidate or members of their family may now be the owner of a pucca house anywhere in the nation. The already constructed home is not eligible for PMAY benefits by the beneficiary.

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