HDFC disburses Rs 2,300 crore as subsidy under PMAY – ET RealEstate

MUMBAI: Mortgage major HDFC has disbursed Rs 2,800 crore loans to 14,290 home-buyers under the pradhan mantri awas Yojna (Urban) so far, which entails a Central subsidy of Rs 302 crore. Government.

Mumbai: Mortgage major HDFC has disbursed Rs 2,800 crore loans to 14,290 home-buyers under the Pradhan Mantri Awas Yojna (Urban) so far, which entails a Central subsidy of Rs 302 crore. The Modi government had launched the housing for all by 2022 in June 2015 and the disbursement is from that period.

Under the CLSS-EWS/LIG scheme, housing finance company HDFC has so far disbursed loans worth Rs 1,728 crore to 10,764 customers with a subsidy worth Rs 228 crore, while under the CLSS-MIG schemes.

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With the six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das, voting to reduce the repo rate by 25 basis points (bps) to 5.75 per cent on Thursday, the rate-sensitive.

The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under PMAY.. HDFC disburses Rs 2,300 cr as subsidy under PMAY.. HDFC has also engaged with developers and channel partners so as to reach out to more eligible beneficiaries.

MUMBAI: Mortgage major HDFC has disbursed Rs 2,800 crore loans to 14,290 home-buyers under the Pradhan Mantri Awas Yojna (Urban) so far, which entails a Central subsidy of Rs 302 crore. The Modi.

Over Rs 3,000 Crore Sanctioned Under PMAY Subsidy Scheme: housing bank ceo credit-linked subsidy scheme is aimed at benefiting people by providing interest subsidy on the purchase or construction.

ICICI Bank Home Loan with Subsidy Under PMAY The Credit linked subsidy scheme of PMAY mainly targets the weaker sections of the Indian society such as Economically Weaker Sections (EWS) and Low Income Group (LIG) households; the ICICI bank has introduced this home loan scheme with lower interest rates.

and properties located in these towns are eligible for subsidy. HDFC [s report on ^All for Housing _ shares a glimpse about the government [s CLSS scheme & its features. It also talks about affordable housing which is the agenda set by government. Key highlights of HDFC [s Report are: { HDFC has disbursed Rs. 2,800 crore loans under PMAY(U)

Pradhan Mantri Awas Yojana Subsidy: How To Save Rs 2.6 Lakh On Your Home Loan The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans.

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