May 052018
 

Pradhan Mantri Awas Yojana Eligibility Criteria (Gramin, Urban, EWS, MIG 1, MIG 2, SECC 2011 List)

A permanent shelter is a mandatory requirement for all humans. But in a country like India, not all can afford to purchase or construct a home. So, they have to make do with rented or semi-permanent homes. The central government, under the leadership of PM Narendra Modi launched the program in 2015, named Pradhan Mantri Awas Yojana. The motto of this scheme was “Housing for all.” But it is not possible to offer people of all classes the same kind of homes. So, a detailed categorization and eligibility criteria was published for ease of common people.

Eligibility-Criteria-under-the-Pradhan-Mantri-Awas-Yojana

Categories of applicants

PMAY has been divided in Pradhan Mantri Awas Yojana Urban (PMAYU) and Pradhan Mantri Awas Yojana Gramin (PMAYG).  Now first off all you will have to find that your area fall under PMAYU or PMAYG.

Pradhan Mantri Awas Yojana Gramin Eligibility Criteria 

  • Now if you fall under PAMYG then you will have to first of search if your name features in SECC 2011 List.
  • You should not own a pucca house
  • A women applicant or co applicant is a must and she must be 18 years or above

Pradhan Mantri Awas Yojana Urban Eligibility Criteria 

According to the income of the candidates, they will fall in any of the following categories:

  1. Economically Weaker Section or EWS / Lower Income Groups or LIG
  2. Middle Income Group I
  3. Middle Income Group II

Eligibility of EWS or LIG

  1. The main applicant or any other direct member of his/her household should not possess ownership of any permanent home within the boundary of the nation.
  2. The name of one female family member, who has attained the age of 18 years, must be mentioned in the ownership papers.
  3. In case the applicant is constructing the house from scratch with the assistance of this scheme, the house registration should include a female member’s name as well. In case the renovation or additional construction will take place on an existing house or plot, then this condition will not be compulsory.
  4. In case the site of construction does not come within the boundary of any statutory town, then the application will not be selected.
  5. The family has to contain a male family head (husband), a female head (wife), and their two unmarried kids (boy and/or girl.)
  6. If the candidate wants to apply for a home under this category, then him/her minimum yearly income must not be less than 3 lakhs.
  7. If the candidate applies under EWS or LIG category, then his/her maximum yearly earnings should not cross the mark of 6 lakhs.
  8. The program will remain active from 17th June, 2015 till the end of 31st March, 2022.
  9. The carpet area, available for the candidates, applying under EWS group will be 30 sq. mts. The carpet area, available for the candidates, applying for LIG will be 60 sq. mts.
  10. The carpet area of the houses will not include the walls outside the actual house, but will take into consideration interior partition walls.
  11. In case the applicant does not have enough cash at hand, he/she can opt for financial assistance as credit from the banks. Loan will be sanctioned both for construction and repair of permanent as well as semi-permanent houses.
  12. The creditor will get the loan for a maximum term of 20 years only.
  13. The age of the applicant must be such so that he/she does not cross the 70 years mark, when the repayment period ends.
  14. If the applicant fails to repay the loan amount, then the bank will have the power to take necessary action. These actions will help the banks to recover the money it has loaned.

Eligibility for Middle Income Group I (MIG I)

  1. Neither the applicant nor any other family member must possess a permanent home in a different area.
  2. If the person has taken or is enjoying the benefits any housing scheme that is sponsored by the central or the state authority, then his/her application will be canceled.
  3. It will be better if the ownership papers also contain the name of a female family member who has attained the age of 18 years.
  4. The 2011 census data has identified some area as statutory towns. It is mandatory that the plot is located within that boundary.
  5. The central government will offer a subsidy of 4% in case the applicant has taken a loan from any bank. The loan amount must not be more than 9 lakhs. In case the banks offer more credit amount, the subsidy percentage will apply to 9 lakhs only.
  6. The applicant will get a maximum of 20 years to repay the credit. If the bank deems fit, based on the loan amount, it can sanction a loan repayment tenure of at the most 30 years. In either case, the applicant must not cross the 70 years age mark, before these tenures expire.
  7. The minimum income of the applicant, opting for MIG I category, must not be less than 6 lakhs per year.
  8. The applicant who is interested to get the benefits of the scheme under MIG I category, should not earn more than 12 lakhs on an annual basis.
  9. Each family unit must consist of one male and female head, the husband and the wife respectively. Their children, whose names are included in the list, must not be married.
  10. In case any other person in the household who has attained the age of 18 years also earns, he/she will be able to apply separately for a different home.
  11. If both husband and wife are professionals, then two of them can jointly apply under the scheme, provided their total income is compliant with the scheme rules.
  12. The house that the applicant will receive under this category will possess a carpet area of 120 sq. mts.
  13. The carpet area of the unit includes the total floor zone that can be used. It will also include partition walls, located inside the house. The external walls will not be calculated in the carpet area.
  14. In case the applicant is interested in taking special credits like SBI MaxGain, he/she will not be able to register for this housing program.
  15. The applicant must possess an Aadhar card. Otherwise, he/she will not be able to link the application as well as the loan documents. In that case, he/she will not be a part of this housing scheme.
  16. In case the applicant wants to make some repair or renovations, even then he/she will be able to apply for this housing scheme.
  17. If the beneficiary has opted for a bank credit that is within 10 lakhs mark, then the EMI calculation and deduction from gross income together, will be done in such a manner that it does not be more than 50% of his/her gross salary. If the applicant has taken a home loan that is more than 10 lakhs, then the same deduction and EMI amount must not cross the 60% of gross salary amount.
  18. If, under any circumstance, the borrowed is unable to make repayments, the bank will be able to take necessary measures to recover the money. It can also repossess the house till the person makes the payment.

Eligibility for Middle Income Group II (MIG II)

  1. Neither the applicant nor any other member of the family must have access to or own permanent home in any other part of the nation.
  2. There are several housing scheme, which have been launched by the central as well as the respective state government. In case any individual is interested in getting the benefits of this scheme, he/she must not be associated with any other home program, in present or in the past.
  3. The chances of getting selected will increase if the main male member of the family is ready to share the ownership with an adult female family member.
  4. Like other categories, it is mandatory that the location of the house or the plot falls within the boundary of any of the statutory towns.
  5. As per the scheme, any person, who gets a housing loan of 12 lakhs will be entitled to get subsidy on that sum at 3%. The bank may sanction a loan of more than 12 lakhs. But the subsidy will be available only on an amount up to 12 lakhs.
  6. The candidate will acquire a maximum of 20 years to refund the credit. If the bank considers feasible, based on the loan total, it can approve loan repayment tenure of at the most 30 years. In either case, the aspirant must not cross the 70 years age mark, before these tenures expire.
  7. If any individual is interested in applying under this scheme, then he/she must not have an annual income of less than 12 lakhs. Otherwise, he/she will not be selected under this group.
  8. The maximum earning of the applicant, under the MIG II category, should not cross the 18 lakhs mark.
  9. Each family must consist of one male and female head, preferably the husband and the wife. They may have boys or girls, but they must not be married.
  10. In case any member, other than the main applicant, also has an income, then he/she will be eligible to make a separate application. The marital status of this person will not play any role in selection process. The separate applicant will get the subsidy as mentioned in the scheme draft.
  11. If the applicant is married and the spouse is also earning, then any one of them will be entitled to make the application. But they can also make a joint application to go up in the income category.
  12. As the income of these applicants is more, and they are entitled to get more housing loan, each selected candidate will get a house that has a total carpet area of 150 sq. mts.
  13. The amount of floor zone that can be used inside the establishment, and the internal walls, used for partition will be considered in the carpet area. It will not count the external walls in this space area.
  14. Not all bank credit schemes have been approved by the central government. For example, applicants who desire to attain the benefits of this scheme will not be able to opt for special credit schemes like SBI MaxGain.
  15. All housing scheme and housing loan related papers must be linked with the Aadhar code of the person. Thus, it is mandatory for all applicants to possess their Unique Identification Number.
  16. If a person already has a semi-permanent home, and desires to renovate and transform it into a permanent house, then he/she can apply for this housing scheme. The central government will offer money for necessary repairs.
  17. If the beneficiary has opted for a bank credit that is within 10 lakhs mark, then the EMI calculation and deduction from gross income together, will be done in such a manner that it does not be more than 50% of his/her gross salary. If the applicant has taken a home loan that is more than 10 lakhs, then the same deduction and EMI amount must not cross the 60% of gross salary amount.
  18. The applicant may become defaulter in case he/she is unable to pay the EMI. If the loan is not completely paid, then chances are high that it will become a Non Performing Assets. The bank will have full authority to take necessary measures for recovery of the loan they sanctioned to the borrower.

These are the basic eligibility criteria that each person has to follow in order to get the benefits of this scheme. The central government’s Housing and Development Department has subdivided the scheme in categories to make it easy for applicants of different income groups. The Pradhan Mantri Awas Yojana is an umbrella scheme that houses Pradhan Mantri Awas Yojana for Rural and Pradhan Mantri Awas Yojana Urban programs.

Other Yojana

  1. Pradhan Mantri Jan Vikas Karyakram (PMJVK) Scheme 
  2. Sahay Subsidy Scheme In Gujarat 
  3. Pradhan Mantri Scheme List 
  4. Krishonnati Yojana For Farmers 
  5. Pradhan Mantri Mudra Yojana
  6. Ayushman Bharat Yojana

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