PMAY- Check Your Eligibility for Pradhan Mantri Awas Yojana

The Pradhan Mantri Awas Yojana was launched in June 2015 by the government of India to provide affordable housing and home loans. It aims to target the economically weaker sections and low-income groups of the society. The government envisions to build affordable ‘pucca’ houses with electricity supply, sanitation, and water facility through this scheme. The scheme was proposed with the intention of transforming the slum areas by building houses in collaboration with private developers for the slum dwellers. Moreover, it offers credit-linked subsidy on loans to the low and mid-income sections for construction of new houses and renovation of existing houses.

How to check if your name is in the PMAY list or not?

PMAY scheme is for both rural and urban areas in the country. Those who live in rural areas must apply for the PMAY-rural, and those who live in the urban must apply for the PMAY-urban. The concerned departments release two PMAY lists accordingly.

If you have applied for the scheme successfully, then you will get an application reference number. You can check whether your name has appeared on the Pradhan Mantri Awas Yojana list or not with the help of this reference number. You are not required to fill any applications to check your eligibility.

You can easily check your eligibility online free of cost. If you don’t know how to check your name in the list, then follow these steps (if you belong to PMAY-U, then follow the steps under ‘a’. If you belong to PMAY-R, then follow the steps under ‘b’):

a) Urban list

1. Visit the official PMAY website by clicking on https://pmaymis.gov.in/.

2. Click on ‘Search Beneficiary’ and then on the dropdown option ‘Search by the name’.

3. A page will open where you will have to enter at least the first three characters of your name in the space provided. Then click on the ‘Show’ button.

4. It will process the inputs as soon as you click the button. You will be able to see your name along with other details in case your name is present in the list.

b) Rural list

You must have received a registration number after applying for the PMAY-R scheme successfully. Follow the steps under ‘i’ to check for your name with this registration number. If you do not have this number or want to search for the list, then follow the steps under ‘ii’.

i) PMAY-R with registration number

1. Visit the official website of PMAY-Gramin by clicking on https://rhreporting.nic.in/netiay/Benificiary.aspx.

2. Enter the registration number in the box provided and click on Submit.

3. Your complete details will appear if your registration number is present.

ii) PMAY-R without the registration number

1. Visit the official website of PMAY-Gramin by clicking on https://rhreporting.nic.in/netiay/Benificiary.aspx

2. Click on the ‘Advanced Search’ button without entering anything in the box.

3. Enter the details as required in the form. Then click on the ‘Search’ button.

4. Your details will appear in your name is present in the list. You will get a pop-up message displaying ‘No Record Found!’ if your name is not present in the list of PMAY-R.

Additional Read: Housing for All – PMAY – Pradhan Mantri Awas Yojna 2019

Features of the PMAY

The most significant feature of Pradhan Mantri Awas Yojana is that the government will provide an interest subsidy of 6.5% on home loans availed by the beneficiaries. These subsidies are not applicable for loans that exceed a tenure of 20 years under credit linked subsidy (CLSS) from the start of the loan. Under CLSS, the interest subsidy is offered for the construction, purchase, extension, and improvement of the house to beneficiaries belong to the following sections:

1. Economic Weaker Section (EWS)
2. Low Income Group (LIG)
3. Middle Income Group-1 (MIG- I)
4. Middle Income Group-2 (MIG- II)

Eligibility criteria for different sections

Here is a table that displays the eligibility criteria for each of the above sections with the relevant details of the scheme.

*Carpet area is counted as any floor space within the house excluding the external walls, but including the internal partition of the walls.With the help of this table, you can calculate your eligibility and EMI. Just use a reliable online loan EMI calculator. You have to enter the loan amount along with the tenure equal to or less than 20 years. If you fall under any of these categories, then minus the interest subsidized interest from the normal rate of interest offered to you. your EMI will then be displayed on the EMI calculator for the personal loan along with other details like total interest payable and total payments (principal & interest).Other PMAY eligibility criteriaHere are the general eligibility criteria apart from the ones mentioned in the table for availing this scheme:1. Women who are Indian citizens can apply for PMAY.2. People belonging to the low-income groups (LIG and economically weaker sections), scheduled castes and scheduled tribes are eligible for this scheme.3. For enjoying the benefits under the PMAY schemes, beneficiaries are allowed to only construct or purchase a new house. This scheme cannot be used on houses which are already built.4. You are not eligible for the scheme if you already own a house.If you are eligible for the Pradhan Mantri Awas Yojana, then start calculating the EMI you will have to pay with the help of the loan EMI calculator. The housing loan EMI breakup and the amortization details will also be displayed on the loan calculator instantly.

CLSS scheme type MIG IIEWSLIGMIG IMIG II
Eligibility household income (₹)lacUp to 3 lakhs3 lakhs – 6 lakhs6 lakhs – 12 lakhs12 lakhs – 18
Interest subsidy (%)6.56.54.03.0
Max subsidy (₹)2.67 lakh2.67 lakh2.35 lakh2.30 lakh
Subsidy calculated on a max loan of (₹)6 lakhs6 lakhs9 lakhs12 lakhs
Max. carpet area*(sq. m.)3060160200
31 March 202231 March 202231 March 202031 March 2020
Women ownershipMandatoryMandatoryNot mandatoryNot mandatory

Carpet area is counted as any floor space within the house excluding the external walls, but including the internal partition of the walls.

With the help of this table, you can calculate your eligibility and EMI. Just use a reliable online loan EMI calculator. You have to enter the loan amount along with the tenure equal to or less than 20 years. If you fall under any of these categories, then minus the interest subsidized interest from the normal rate of interest offered to you. your EMI will then be displayed on the EMI calculator for the personal loan along with other details like total interest payable and total payments (principal & interest).

Other PMAY eligibility criteria

Here are the general eligibility criteria apart from the ones mentioned in the table for availing this scheme:

1. Women who are Indian citizens can apply for PMAY.

2. People belonging to the low-income groups (LIG and economically weaker sections), scheduled castes and scheduled tribes are eligible for this scheme.

3. For enjoying the benefits under the PMAY schemes, beneficiaries are allowed to only construct or purchase a new house. This scheme cannot be used on houses which are already built.

4. You are not eligible for the scheme if you already own a house.

If you are eligible for the Pradhan Mantri Awas Yojana, then start calculating the EMI you will have to pay with the help of the loan EMI calculator. The housing loan EMI breakup and the amortization details will also be displayed on the loan calculator instantly.

Author Since: Jan 17, 2019

Anoop Bansal, a professional Chartered Accountant based in the National Capital - Delhi. I have worked for the top-notch Indian and International banking firms for the past 10 years. Currently, I work at emi-calculator.loan blog and a financial consultant for different SMEs in India. Follow me on Facebook, Twitter and Linkedin for more information.

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