Last updated: October 2026 Β· 3 min read
Pradhan Mantri Awas Yojana (PMAY) is the Government of India’s flagship housing scheme to provide pucca houses to families who do not own one. It has two parts: PMAY-Urban for cities and towns, and PMAY-Gramin for villages.
PMAY-Urban 2.0 at a glance
| Feature | Detail |
|---|---|
| Approved | August 2024 |
| Target | 1 crore additional urban houses over five years |
| Verticals | Beneficiary-Led Construction (BLC), Affordable Housing in Partnership (AHP), Affordable Rental Housing (ARH), Interest Subsidy Scheme (ISS) |
| Eligible groups | EWS (income up to βΉ3 lakh), LIG (βΉ3-6 lakh), MIG (βΉ6-9 lakh) |
| Condition | Family must not own a pucca house anywhere in India |
Interest Subsidy Scheme (ISS) under PMAY-U 2.0
Eligible EWS, LIG and MIG families taking home loans up to βΉ25 lakh for houses costing up to βΉ35 lakh can get a 4% interest subsidy on the first βΉ8 lakh of the loan for up to 12 years, released in instalments, up to about βΉ1.80 lakh. Check the latest conditions with your bank or the official portal.
PMAY-Gramin at a glance
- Financial assistance to build pucca houses for houseless and kutcha-house families in rural areas.
- Assistance of βΉ1.20 lakh in plains and βΉ1.30 lakh in hilly, difficult and north-eastern areas.
- Beneficiaries identified using SECC/Awaas+ survey data, verified by gram sabhas.
- Convergence with MGNREGA for labour days and Swachh Bharat Mission for toilets.
- Extended to build 2 crore more rural houses up to 2029.
Who can apply?
- Indian families (husband, wife, unmarried children) without a pucca house.
- Must belong to EWS, LIG or MIG income categories for urban schemes.
- Houses preferably registered in a woman’s name or jointly.
- Priority for widows, single women, persons with disabilities, senior citizens, SC/ST and minorities, and certain worker groups.
How to apply
- Urban: visit the official PMAY-U 2.0 portal (pmay-urban.gov.in), choose “Apply for PMAY-U 2.0”, verify Aadhaar and fill details, or apply through your urban local body.
- Rural: beneficiaries are selected from survey lists; contact your gram panchayat or block office; self-survey through the Awaas Plus app is available in some phases.
- Keep Aadhaar, income proof, bank details and land documents ready.
Frequently asked questions
Can I get PMAY if I already own a house?
No. The family must not own a pucca house anywhere in India.
What is the income limit for PMAY-U 2.0?
Up to βΉ9 lakh annual household income across the EWS, LIG and MIG categories.
Is PMAY subsidy given directly?
Under ISS, the subsidy is credited to the home loan account through the lending bank.
Keep exploring
This article is for general information, not financial, tax or legal advice. Rates, limits and rules change; always confirm on the official website or with a qualified advisor before you act. Spotted something that needs updating? Let us know.
