Government-Sponsored Mortgage Schemes In India: PMAY And More

Ans. Apart from PMAY, there are other government-sponsored mortgage schemes in India.

Ans. People from the Economically Weaker Sections (EWS), Low-Income Group (LIG), Middle-Income Group I (MIG I) and Middle-Income Group II (MIG II) are eligible for the PMAY.

Ans. Apply through government-approved banks offering PMAY-linked home loans with interest subsidies.

Ans. Apply through your bank, providing the necessary documents to receive the PMAY home loan interest subsidy.