Search This Website

Wednesday 10 November 2021

How to Get Subsidy on own house|pradhan mantri awas yojana | Subsidy Providing Bank list

 How to Get Subsidy on own house|pradhan mantri awas yojana | Subsidy Providing Bank list

The focus on affordable housing in India has considerably increased in the recent years due to the various incentives and schemes which are being backed by the government. Also, as an icing on the cake, the home loans have become cheaper. So, this is indeed a high time when several investors and home buyers are purchasing the affordable housing in India. The Union Budget of 2017 announced the affordable housing to be the primary base of developing the "infrastructure" in the country. The businesses which are engaged in offering affordable housing are liable to receive cheaper loans from different nationalized banks and also certain tax concessions. Moreover, there are several foreign funding pouring in which is significantly boosting the infrastructure sector in India. With this particular move, the Indian government is aiming to provide the infrastructure sector in India a major fillip.

There are several property buyers in India who dream of owning their own houses within an affordable budget. Some of these buyers aim in purchasing the affordable housing for residential purposes whereas some intend to purchase these properties as an investment avenue. In case you are one of the many Indians who is planning to purchase an affordable housing, then it is high time to thoroughly analyze this before purchasing.

According to a survey report published by reputed real estate consulting firm Monitor Deloitte, the affordable housing projects are a very profitable business proposition for the developers. In most of the prominent cities in India like Mumbai and Delhi, the internal rate of return (IRR) is 45% and there is a gross margin of 24%. Thus, taking up affordable housing projects by the developers is a lucrative proposition for them. Needless to say, there are many private builder organizations that are entering this segment rapidly in the recent years.

Special initiatives for boosting the affordable housing in India

Some of the recently taken initiatives by the union government in India in regards to affordable housing during the Union Budget are discussed in the below pointers:

• Previously developers used to often complain about the high-interest rates which they were required to pay on their borrowings for developing the real estate projects. The infrastructure tag which has been introduced by the Indian government which facilitate the developers and builders to borrow at much lower and attractive rates for developing the affordable housing projects.

• Apart from the Union budget proposed 'infrastructure tag', there have been several allocations, and there are several housing schemes which have been introduced by the government in India. One of the major and most popular investment schemes which the increased budget for the affordable housings is the Pradhan Mantri Awaas Yojna. The budget of this government housing scheme has been increased from Rs.15,000 crore to Rs. 23,000 crore in the financial year 2017-2018. This is an increase which is as high as 50%.

• In order to boost the housing investment even further, the tenure for the long-term capital gains has been considerably reduced from a three years term to a two years term. Hence, if you are willing to purchase a property in an affordable housing for investment purpose, you can sell the property just after two years and then still claim for some long-term capital gains which have got indexation benefits. This would also encourage several people who are looking at properties with low and medium-term investments.

Below is the complete list of PMAY Home Loan Banks for EWS/LIG/MIG under CLSS Component.

List of Banks for PMAY CLSS Home Loan for EWS / LIG

Sl.PLIWebsite AddressAssociated CNA
1.Allahabad Bankwww.allahabadbank.inNHB
2.Andhra Bankwww.andhrabank.inNHB
3.Bank of
4.Bank of Indiawww.bankofindia.comNHB
5.Bank of Maharashtrawww.bankofmaharashtra.inNHB
6.Canara Bankwww.canarabank.inNHB
7.Central Bank of
8.Corporation Bankwww.corpbank.comNHB
10.IDBI Bank Ltd.www.idbi.comNHB
11.Indian Bankwww.indian-bank.comNHB
12.Indian Overseas Bankwww.iob.inNHB
13.Oriental Bank of
14.Punjab & Sind Bankwww.psbindia.comNHB
15.Punjab National Bankwww.pnbindia.inNHB
16. State Bank of India*
17.Syndicate Bankwww.syndicatebank.inNHB
18.UCO Bankwww.ucobank.comNHB
19.Union Bank of
20.United Bank of Indiawww.unitedbankofindia.comNHB
21.Vijaya Bankwww.vijayabank.comHUDCO
1.Axis Bank Ltd.www.axisbank.comNHB
2.Bandhan Bank Ltd.www.bandhanbank.comNHB
3.Catholic Syrian
4.City Union Bankwww.cityunionbank.comHUDCO
5.DCB Bank Ltd.www.dcbbank.comNHB
6.Dhanlaxmi Bank Ltd.www.dhanbank.comHUDCO
7. Deutsche Bank
8.ICICI Bank Ltd.www.icicibank.comNHB
9.IDFC Bank Ltd.www.idfcbank.comNHB
10.J&K Bankwww.jkbank.netHUDCO
11.Karnataka Bank Ltd.www.karnatakabank.comNHB
12.Karur Vysya Bank
13.Kotak Mahindra Bank Ltd.www.kotak.comNHB
14.Lakshmi Vilas Bankwww.lvbank.comHUDCO
15.Nanital Bank
16.SBM Bank (Mauritius) Ltd.www.sbmgroup.muNHB
17.South Indian Bank Ltd.www.southindianbank.comHUDCO
18.Tamilnad Mercantile Bank Ltd.www.tmb.inNHB
19.The Federal Bank
20.Yes Bankwww.yesbank.inNHB
1.Allahabad UP Gramin NHB
2.Andhra Pradesh Grameena Vikas Bankwww.apgvbank.inNHB
3.Andhra Pragati Grameena Bankwww.apgb.inNHB
4.Arunanchal Pradesh Rural Bankwww.apruralbank.comNHB
5.Assam Gramin Vikas
6.Bangiya Gramin Vikas
7.Baroda Gujarat Gramin Bankwww.bggb.inNHB
8.Baroda Rajasthan Kshetriya Gramin Bankwww.brkgb.comHUDCO
9.Baroda Uttar Pradesh Gramin Bankwww.barodagraminbank.comNHB
10.Bihar Gramin Bankwww.bihargraminbank.inHUDCO
11.Central Madhya Pradesh Gramin Bankwww.centralmpgraminbank.comNHB
12.Chaitanya Godavari Grameena Bankwww.cggb.inNHB
13.Chhattisgarh Rajya Gramin Bankwww.cgbank.inNHB
14.Dena Gujarat Gramin
15.Ellaquai Dehati
16.Gramin Bank of Aryavartwww.aryavart-rrb.comNHB
17.Himachal Pradesh Gramin Bankwww.himachalgraminbank.orgNHB
18.J&K Grameen Bankwww.jkgb.inHUDCO
19.Jharkhand Gramin Bankwww.jharkhandgraminbank.comHUDCO
20.Karnataka Vikas Grameena Bankwww.kvgbank.comNHB
21.Kashi Gomti Samyut NHB
22.Kaveri Grameena Bankwww.kaverigrameenabank.comNHB
23. Kerala Gramin Bankwww.keralagbank.comNHB
24.Langpi Dehangi Rural Bankwww.ldrb.orgNHB
25.Madhya Bihar Gramin Bankwww.mbgbpatna.comNHB
26.Madhyanchal Gramin NHB
27.Maharashtra Gramin Bankwww.mahagramin.inNHB
28.Manipur Rural Bankwww.manipurruralbank.comNHB
29.Meghalaya Rural
30.Mizoram Rural Bankwww.mizoramruralbank.comNHB
31.Nagaland Rural BankNot AvailableNHB
32.Narmada Jhabua Gramin Bankwww.njgb.inNHB
33. Odisha Gramiya Bankwww.odishabank.inNHB
34.Pallavan Grama bankwww.pallavangramabank.inNHB
35.Pandyan Grama NHB
36.Pragathi Krishna Gramin Bankwww.pragathikrishnabank.comNHB
37.Prathama Bankwww.prathamabank.orgNHB
38.Puduvai Bharathiar Grama Bankwww.puduvaibharathiargramabank.inHUDCO
39.Punjab Gramin Bankwww.pgbho.comNHB
40.Purvanchal Bankwww.purvanchalbank.comHUDCO
41.Rajasthan Marudhara Gramin Bankwww.mgbbank.comHUDCO
42. Saptagiri Grameena Bankwww.saptagirigrameenabank.inNHB
43.Sarva Haryana Gramin
44.Sarva UP Gramin Bankwww.upgb.comHUDCO
45.Satluj Gramin
46.Saurashtra Gramin Bankwww.sgbrrb.orgNHB
47.Telangana Grameena Bankwww.tgbhyd.inHUDCO
48.Tripura Gramin NHB
49. Utkal Grameen
50.Uttarakhand Gramin Bankwww.uttarakhandgraminbank.comHUDCO
51.Uttarbanga Kshetriya Gramin Bankwww.ubkgb.orgHUDCO
52.Uttar Bihar Gramin NHB
53.Vanachal Gramin Bankwww.vananchalgraminbank.comHUDCO
54.Vidharbha Konkan Gramin

Or below

Adarsh Co-Operative Bank Ltd.HUDCO
2.Assam Co-Operative Apex Bankwww.apexbankassam.comHUDCO
3.Bihar State Co-operative Bank Ltd.http://biharbank.bih.nic.inHUDCO
4.Bombay Mercantile Co-operative Bankwww.bmcbankltd.comNHB
5.Chhattisgarh Rajya Sahakari Bank Maryaditwww.cgapexbank.comHUDCO
6.Citizen Credit Co-op Bank NHB
7.Cosmos Co-operative Urban Bank Ltd.www.cosmosbank.comHUDCO
8.Dombivli Nagari Sahakari Bank Ltd.http://dnsbank.inHUDCO
9.Jalgaon Janata Sahakari Bank NHB
10.Janaseva Sahakari Bank Ltd.www.janasevabankpune.netHUDCO
11.Janta Sahakari Bank Ltd.www.janatabankpune.comHUDCO
12.J&K State Cooperative BankHUDCO
13.Jharkhand State Co-Operative Bank
14.Kallappanna Awade Ichalkaranji Janta Sahakari Bank Ltd.www.ijsbank.comHUDCO
15.Kalupur Commercial Co-operative Bank Ltd.www.kalupurbank.comHUDCO
16.Karad Urban Co-Operative Bank Ltd.www.karadurbanbank.comHUDCO
17.Kerala State Co-Operative Bank Ltd.www.keralacobank.comHUDCO
18.Lakhimpur Urban Co-Operative Bank Ltd.www.lakhimpurucb.orgNHB
19.Mahanagar Co-Operative Bank Ltd.www.mahanagarbank.comHUDCO
20.Malviya Urban Cooperative Bank Ltd.www.malviyabank.comHUDCO
21.Meghalaya Co-Operative Apex Bank Ltd.
22.Mehsana Urban Co-Operative Bank Ltd.www.mucbank.comHUDCO
23.Mizoram Cooperative Apex Bank Ltd.www.mizoapex.comHUDCO
24.NKGSB Co Operative bank Ltd.www.nkgsb-bank.comNHB
25.Nutan Nagarik Sahakari Bank Ltd.www.nutanbank.comHUDCO
26.Odisha State Cooperative Bankwww.oscb.coopHUDCO
27.Prime Co-operative Bank NHB
28.Punjab & Maharastra Co- operative Bank Ltd.www.pmcbank.comNHB
29.Rajarambapu Sahakari Bank Ltd.www.rajarambapubank.orgHUDCO
30.Rajkot Nagarik Sahakari Bank Limitedwww.rnsbindia.comNHB
31.Sangli Urban Co-Operative Bank Ltd.www.sangliurbanbank.inHUDCO
32.Saraswat Cooperative Bank NHB
33.Sardar Bhiladwala Pardi People’s Co-Operative Bank Ltd.www.pardipeoplesbank.inHUDCO
34.Sarvodaya Commercial Co- operative Bankwww.sccbank.inNHB
35.Shikshak Sahakari Bank Ltd.www.shikshakbank.comHUDCO
36.Shivalik Mercantile Co-Operative Bankwww.shivalikbank.comNHB
37.Shri Mahalaxmi Co-Op Bank Ltd.www.shrimahalaxmibankkolhapur.comHUDCO
38. Shri Mahila Sewa Sahakari Bank Ltd.www.sewabank.comNHB
39.Shree Panchganga Nagari Sahakari Bank Ltd.www.panchgangabank.comHUDCO
40.Sikkim State Co-Operative Bank Ltd.HUDCO
41.SVC Co-Operative Bank Ltd.www.svcbank.comHUDCO
42.The Ahmedabad Mercantile Co- operative Bank Ltd.www.amco-bank.comNHB
43.The Arunachal Pradesh State Cooperative Apex Bank Ltd.HUDCO
44. The Bharat Co-operative Bank (Mumbai) NHB
45.The Central Co-Operative Bank Ltd.www.ccbank.bgHUDCO
46.The Goa State Co-Operative Bank Ltd.www.gscbgoa.comHUDCO
47.The Greater Bombay Co- operative Bank NHB
48.The Gujarat State Co-operative Bank
49.The Himachal Pradesh State Cooperative Bank Ltd.
50.The Jalgaon Peoples Co-Operative Bank Ltd.www.jpcbank.comHUDCO
51.The Kalyan Janata Sahakari Bank Ltd.www.kalyanjanata.inNHB
52.The Kurmanchal Nagar Sahakari Bank Ltd.www.kurmanchalbank.comHUDCO
53.The Nawangar Co-operative Bank
54.The Pandharpur Urban Co-Operative Bank Ltd.www.pandharpurbank.comHUDCO
55.The Punjab State Cooperative Bank Ltd.www.pscb.inHUDCO
56.The Surat People’s Cooperative Bank Ltd.www.spcbl.inHUDCO
57.The Visakhapatnam Co-operative Bank Ltd.www.vcbl.inHUDCO
58.The West Bengal State Co- operative Bank Ltd.www.wbscb.comNHB
59.TJSB Sahakari Bank
60.Uttarakhand State Cooperative Bank Ltd.www.ukstcbank.comHUDCO
1.Aadhar Housing Finance Ltd.www.aadharhousing.comNHB
2. Aditya Birla Housing Finance Ltd.www.adityabirlahomeloans.comNHB
3.Akme Star Housing Finance Ltd.www.akmestarhousing.comNHB
4.Altum Credo Home Finance Private Ltd.www.altumcredo.comNHB
5.Aptus Value Housing Finance India Ltd.www.aptusindia.comNHB
6.Aspire Home Finance Corporation Ltd.www.ahfcl.comNHB
7.AU Housing Finance Ltd.www.auhfin.inNHB
8.Bee Secure Home Finance Pvt. Ltd.www.incred.comNHB
9.Can Fin Homes Ltd.www.canfinhomes.comNHB
10.Capital First Home Finance Ltd.www.capfirst.comNHB
11.Capri Global Housing Finance Private
12.Cent Bank Home Finance Ltd.www.cbhfl.comNHB
13.Centrum Housing Finance
14.Dewan Housing Finance Corporation Ltd.www.dhfl.comNHB
15.DHFL Vyasa Housing Finance Ltd.www.dvhousing.comNHB
16.DMI Housing Finance Pvt. Ltd.www.dmihousingfinance.inNHB
17.Edelweiss Housing Finance Ltd.www.edelweissfin.comNHB
18.Essel finance Home loans Ltd.NHB
19.Fast Track Housing Finance Pvt. Ltd.www.fasttrackhfc.comNHB
20.Fullerton Home Finance Company Ltd.www.fullertonindia.comNHB
21.GIC Housing Finance Ltd.www.gichfindia.comNHB
22. GRUH Finance Ltd.www.gruh.comNHB
23.Habitat Microbuild India Housing Finance Company Pvt. Ltd.www.microbuildindia.comNHB
24.HBN Housing Finance Ltd.www.hbnhousing.comNHB
25.Hinduja Housing Finance Limitedwww.hindujahousingfinance.comNHB
26.Home First Finance Company India Pvt. Ltd.www.homefirstindia.comNHB
27.Housing and Urban Development Corporation Ltd.www.hudco.orgNHB
28.Housing Development Finance Corporation
29.ICICI Home Finance Company Ltd.www.icicihfc.comNHB
30.IKF Housing Finance Private Limitedwww.ikffinance.comNHB
31.India Bulls Housing Finance Ltd.www.indiabullshomeloans.comNHB
32.India Home Loan
33.India Infoline Housing Finance Ltd.www.iiflhomeloans.comNHB
34.India Shelter Finance Corporation Ltd.www.indiashelter.inNHB
35.IndoStar Home Finance Pvt. Ltd.www.indostarcapital.comNHB
36.Khush Housing Finance NHB
37.KIFS Housing Finance Pvt. Ltd.www.kifshousing.comNHB
38.L & T Housing Finance Ltd.www.lthousingfinance.comNHB
39.LIC Housing Finance NHB
40.Magma Housing
41.Mahindra Rural Housing Finance Ltd.www.mahindrahomefinance.comNHB
42.Mamata Housing Finance Company Pvt. Ltd.www.mamtahousingfinance.comNHB
43.Manibhavnam Home Finance India Pvt. Ltd.www.manibhavnam.comNHB
44. Manipal Housing Finance Syndicate Ltd.www.manipalhousing.comNHB
45.Mannappuram Home Finance Pvt. Ltd.www.manappuram.comNHB
46.MAS Rural Housing and Mortgage Finance
47.Mentor Home Loans India Ltd.www.mentorhousing.comNHB
48.Micro Housing Finance Corporation Ltd.www.mhfcindia.comNHB
49.Muthoot Homefin(India) Ltd.www.muthootfinance.comNHB
50.Muthoot Housing Finance Company Ltd.www.muthootgroup.comNHB
51.National Trust Housing Finance Ltd.www.natrusthome.comNHB
52.Navarathna Housing Finance Ltd.NHB
53.New Habitat Housing Finance and Development Ltd.www.newhabitat.inNHB
54.Nivara Home finance limitedwww.nivarahousing.comNHB
55.North East Region Housing Finance Company
56.Orange City Housing Finance Ltd.www.ochfl.comNHB
57.Panthoibi Housing Finance Company
58.Piramal Housing Finance Pvt. Ltd.www.piramalhousing.inNHB
59.PNB Housing Finance Ltd.www.pnbhousing.comNHB
60.RAAS Housing Finance (India) Ltd.www.raashfc.comNHB
61. Reliance Home Finance Ltd.www.reliancehomefinance.comNHB
62.Religare Housing Development Finance Corporation Ltd.www.religarehomeloans.comNHB
63.Repco Home Finance Ltd.www.repcohome.comNHB
64. Sahara Housing Fina Corporation Ltd.www.saharahousingfina.comNHB
65.Saral Home Finance Ltd.www.saraldhan.comNHB
66.SEWA Grih Rinn Ltd.www.sgrlimited.inNHB
67.Shriram Housing Finance Ltd.www.shriramhousing.inNHB
68.Shubham Housing Development Finance Company Pvt. Ltd.www.shubham.coNHB
69.SRG Housing Finance Ltd.www.srghousing.comNHB
70.Sundaram BNP Paribas Home Finance Ltd.www.sundarambnpparibashome.comNHB
71.Supreme Housing Finance Limitedwww.supremehomeloans.comNHB
72.Swagat Housing Finance Company Ltd.www.swagathfc.inNHB
73.Swarna Pragati Housing Microfinance Private Limitedwww.swarnapragatihousing.comNHB
74.Tata Capital Housing Finance Ltd.www.tatacapitalhfl.comNHB
75.Ummeed Housing Finance Private Limitedwww.ummeedhfc.comNHB
76.USB Housing Finance Corporation Ltd.www.usbhousing.inNHB
77. Vastu Housing Finance Corporation Ltd.www.vastuhfc.comNHB
78.Viva Home Finance Ltd.www.vivagroup.inNHB
79.West End Housing Finance NHB
1.AU Financiers NHB
2.Capital Small Finance Bank
3.ESAF Small Finance Bankhttp://emfil.orgHUDCO
4.Equitas Small Finance NHB
5.Janalakshmi Financial Services Ltd.www.janalakshmi.comNHB
6.Suryoday Small Finance Bank NHB
7.Ujjivan Small Finance NHB
8.Utkarsh Small Finance Bank NHB
1.Annapurna Micro Finance Pvt.
2.Bharat Financial Inclusion
3.Cholamandalam Investment & Finance Company Ltd.www.cholamandalam.comHUDCO
4.Digamber Capfin Limitedwww.digamberfinance.comNHB
5.Margdarshak Financial Services
6.Satya Micro Capital Ltd.www.satyamicrocapital.comNHB
7.Spandana Sphoorty Financial Ltd.www.spandanaindia.comNHB
8.SV Creditline Private

No comments:

Post a Comment