Pradhan Mantri Awas Yojana: PMAY Apply Online For 2022-2023

Pradhan Mantri Awas Yojana was a mission and was launched in 2015 for providing housing to people in all urban areas. The mission's objective is to assist the agencies that implement the program. There is an arrangement of state and centre partnership in sharing the cost of providing housing, home loan, subsidy, etc. there is a central nodal agency that offers the management of the scheme. There is a proper system guideline, and the program is executed following the guidelines. The house size for the economically weaker section should be up to 30 sq meter carpet area. There is a provision for flexibility of the dimensions of the houses. They might be changed in consultation with the ministry. The homes will be provided to all eligible families. 

The progress of PMAY urban has been as follows:

There are 26 lakh completed houses. There are 83 lakh approved homes. Around 23 lakh residences have been occupied till now. The approved subsidies are to the tune of 4 lakh crore. The scheme has already released 51000 crores. 

 Advantages of PMAY-U

• Features MIG-I MIG-II
• Interest rate subsidy 4.00% 3.00%
• The maximum carpet area of a dwelling unit is 160 sq. m 200 sq. m
• Maximum subsidy amount Rs. 2.35 Lakh Rs. 2.30 Lakh
• Top Home Loan Quantum for Subsidy Rs. 9 Lakh Rs. 12 Lakh
• Maximum home loan tenure 20 years 20 years
• The discount rate for interest subsidy NPV 9% 9%

There is a provision of interest subsidies of 4 per cent on a loan amount of around 9 lakh. They are admissible for MIG I AND MIG II. The benefit under these heads is for 20 years. 

PMAY Yojana Apply Online: Pradhan Mantri Awas Yojana Registration Process

If you buy a house for the first time under the PMAY scheme, you will receive a registration ID. You can know about your subsidy using this ID. The beneficiaries can apply for PMAY as follows: 

Online: Individuals can visit the website to apply online. They should have a valid Aadhar card while making an application. 

Offline: The beneficiaries can also apply offline, filling in a form available in concerned offices. 

There are the following steps to apply: 

Step 1: visit https://pmaymis.gov.in/ 

Step 2: See the option citizen assessment on the screen. You should click on this option.

Step 3: The slum dwellers will find an option

Step 4: You should click on the options available depending on your eligibility.

You should fill in the name of the head of household, name of the state, district name, age, address, house number, mobile number, cast, and base number. 

How to check PMAY status:

• Visit the website https://pmaymis.gov.in/ 
• You can track the assessment status from the 'option.'
• Click on assessment ID. Fill in the details. 

Important Documents

• Aadhar Card
• Postal address
• Income certificate
• Bank account passbook
• Photograph
• Mobile number

The benefits will be available for new property purchases only. The applicant should not have any pucca dwelling house in their possession. The areas in which the places are to be given should be according to the census of 2011. The beneficiary must not have any benefits from any financial institution before. 

The PMAY scheme extends the benefits to several families across the nation. This is to provide them with the opportunity to own a pucca house at low cost or subsidized cost. The beneficiaries get loan facilities at a much lower interest rate based on the interest subsidies. The subsidy depends on the income category they belong to.

Key Features of Scheme

According to the specs of the scheme, the families will be getting the houses if they do not possess any pucca home. No member of the household should be the owner of a pucca house. A mother, a sister, or a female family member must be named the beneficiary. The beneficiary family consists of husband, wife, unmarried sons, and daughters. The loans will be provided by any bank that follows the scheme. The senior citizens will be given the option to choose the rooms on the ground floor. 

The applicant must furnish all the relevant documents while applying for the scheme's benefits. These documents may include an aadhaar card, ID, income proof, present address, ration card, age proof, phone number, name of the village, district, state, ID registration number, etc.