The PMAY-U CLSS home-loan interest subsidy has closed. New home loans from 1 Sept 2024 can get up to ₹1.80 lakh under the PMAY-U 2.0 Interest Subsidy Scheme.
Ministry of Housing and Urban Affairs
💰 Benefit: No longer available. CLSS closed 31-03-2021 (MIG) and 31-03-2022 (EWS/LIG). Successor ISS: 4% interest subsidy on first ₹8 lakh of a home loan up to ₹25 lakh (house value up to ₹35 lakh), max ₹1.80 lakh in 5 yearly instalments
Always verify eligibility on the official website before applying. Scheme rules may change. Facts last checked against the official source on 15 October 2026.
No. CLSS for MIG ended on 31 March 2021 and for EWS/LIG on 31 March 2022, and pending claims are no longer processed. Its replacement is the Interest Subsidy Scheme under PMAY-U 2.0.
Annual household income up to ₹9 lakh: EWS up to ₹3 lakh, LIG ₹3-6 lakh, MIG ₹6-9 lakh. The old ₹12 lakh and ₹18 lakh MIG slabs no longer exist.
4% interest subsidy on the first ₹8 lakh of the loan, up to a maximum of ₹1.80 lakh. It is paid in 5 yearly instalments into your loan account.
A home loan up to ₹25 lakh for a house worth up to ₹35 lakh, with carpet area up to 120 sqm. The loan must be sanctioned and disbursed on or after 1 September 2024.
Aadhaar of applicant and family members, a self-certificate or affidavit of income, and an Aadhaar-linked bank account, plus your lender's normal home-loan documents.
No. PMAY-U 2.0 has a mandatory 5-year lock-in from the first loan disbursal under ISS, and you cannot sell or transfer the house during this period.