PMAY Subsidy Calculator
Pradhan Mantri Awas Yojana — find your category, subsidy amount, and how much your EMI drops.
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5 yrs30 yrs
Basic Eligibility Criteria
- Annual household income below ₹18 lakh
- No pucca house owned anywhere in India (applicant or spouse)
- Property must be in female name (EWS/LIG) or joint with female
- First-time home purchase under PMAY
- Property in a statutory town / urban area (Pune qualifies)
Enter your income and loan details to check PMAY eligibility and benefit.
Your PMAY Category
Subsidy Rate
Subsidy Benefit (NPV)
Max Eligible Property
EMI Without Subsidy
EMI After Subsidy
How the Subsidy Works
Income Exceeds PMAY Limit
Annual income above ₹18 lakh does not qualify for PMAY-CLSS. However, other home loan tax benefits under Section 80C and 24(b) still apply.
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We'll help you through the bank application and documentation.
PMAY-CLSS Category Comparison 2026
| Category | Income Limit | Subsidy Rate | Eligible Loan | NPV Benefit | Max Carpet |
|---|---|---|---|---|---|
| EWS Economically Weaker Section | ₹3 lakh | 6.5% | ₹6L | ~₹2.67L | 30 sq m (323 sq ft) |
| LIG Low Income Group | ₹3–6 lakh | 6.5% | ₹6L | ~₹2.67L | 60 sq m (645 sq ft) |
| MIG-I Middle Income Group I | ₹6–12 lakh | 4% | ₹9L | ~₹2.35L | 160 sq m (1,722 sq ft) |
| MIG-II Middle Income Group II | ₹12–18 lakh | 3% | ₹12L | ~₹2.30L | 200 sq m (2,153 sq ft) |
NPV figures calculated at 9% discount rate over 20-year tenure. Actual subsidy credited to loan account by lender. Verify current rates with NHB or your bank before applying.
Frequently Asked Questions
Who is eligible for PMAY subsidy in 2026?
Households with annual income up to ₹18 lakh who do not own a pucca house anywhere in India. The scheme covers EWS (up to ₹3L), LIG (₹3–6L), MIG-I (₹6–12L), and MIG-II (₹12–18L) categories.
How is the PMAY subsidy credited?
The subsidy is credited directly to your home loan account by the lender (bank/HFC) within 3–6 months of loan disbursement. This reduces your outstanding principal, which in turn reduces your EMI or loan tenure.
Can both husband and wife claim PMAY subsidy?
No. PMAY subsidy is per household, not per individual. If the household has already benefited from any central government housing scheme, it is not eligible again.
Is PMAY still available in 2026?
PMAY-Urban 2.0 was announced in August 2024 with revised targets for 1 crore new homes by 2029. The Credit Linked Subsidy Scheme (CLSS) is part of this. Check with your bank's home loan team for current availability.
Does PMAY apply to resale / second-hand properties?
PMAY-CLSS primarily targets new construction and first-time home purchases. Resale properties may not qualify under all components. The Beneficiary Led Construction (BLC) component is for those building on their own plot.