Pradhan Mantri Awas Yojana (PMAY) Eligibility Criteria 2024

The Pradhan Mantri Awas Yojana (PMAY) is a flagship project of the Ministry of Housing and Urban Poverty Alleviation that was launched in 2015. The objective of this project is to provide pucca housing to all economically backward and poor populations of the country, both in urban and rural areas, at an affordable price. The project, which had a set deadline of the end of 2022, has been now extended up to the end of 2024. Under the PMAY scheme, the banks offer home loans at a comparatively lower rate to the loan seeker and the government offers a pre-decided loan subsidy amount to that person based on the PMAY eligibility criteria. 

Table of Contents

• Pradhan Mantri Awas Yojana Eligibility
• Types of Pradhan Mantri Awas Yojana
• PM Awas Yojana Eligibility Criteria for EWS, LIG & MIG
• How to Apply for Pradhan Mantri Awas Yojana
• How to Edit Your Details After Submitting Application for PMAY
• How to Check PMAY Application Status
• Features of the PMAY Housing Scheme

Pradhan Mantri Awas Yojana Eligibility 2024

The benefits of the PMAY scheme are for those with low income or who belong to the economically backward population of the country, as well as for those first-time homeowners, who do not have the adequate financial resources to buy a new house.

Some of the key PMAY eligibility criteria include:

• The applicant should not own a pucca house, anywhere in India.
• The annual income of the applicant should not be more than ₹18 lakh.
• The family of the applicant must not have availed any housing-related benefits from the Government of India, previously.
• The beneficiary family should consist of a husband, wife, and dependent/unmarried daughters and/or sons.

Suggested read: Home loan eligibility for self-employed

Types of Pradhan Mantri Awas Yojana

PMAY is divided into two main segments based on the demographic target:

1. PMAY-Urban (PMAY-U): This scheme targets the urban poor and provides in-situ slum rehabilitation with the participation of private developers using land as a resource, credit-linked subsidy, affordable housing in partnership, and subsidy for beneficiary-led individual house construction/enhancement.
2. PMAY-Gramin (PMAY-G): Aimed at the rural poor, this variant of PMAY includes the goal to replace the country’s all kuccha (mud) houses with pucca (permanent) houses.

PM Awas Yojana Eligibility Criteria for EWS, LIG & MIG

The beneficiaries of the scheme have been divided into four categories, namely the Economically Weaker Section (EWS), Low-income Group (LIG), Middle Income Group I (MIG I), and Middle-Income Group II (MIG II).

1. Economically Weaker Section (EWS): People with an annual household income of less than ₹3 lakh fall into the EWS category. Those applying for home loan subsidy under the PMAY scheme in the EWS category need to furnish relevant income proof to the government for verification.
2. Lower Income Group (LIG): Those with an annual household income ranging between ₹3 lakh to ₹6 lakh come under the LIG category. As with the EWS category, the people from LIG group too need to provide sufficient proof of their economic condition.
3. Medium Income Group (MIG I): Any household earning an annual income between 6 lakh and ₹12 lakh fall under the MIG I category. An applicant from this category can avail of a loan of up to ₹9 lakh under the PMAY scheme.
4. Medium Income Group (MIG II): Any family that earns an annual household income between ₹12 to ₹18 lakh falls under the MIG II category. Applicants from this category can get loans up to ₹12 lakh.
5. Besides these four categories, the following are considered under the Pradhan Mantri Awas Yojana Home Loan eligibility scheme:
6. Women: Any woman belonging to LIG or EWS category is eligible to apply for the PMAY scheme; however, no other person from her family should have ownership of any house in any part of the country.
7. Minorities: Any person belonging to a minority group including SC/ST/OBC is eligible to get a housing loan subsidy under the PMAY scheme provided they can furnish relevant caste and income certificates.

How to Apply for Pradhan Mantri Awas Yojana

Applying for PMAY involves a few steps which can generally be done online through the official PMAY portal:

1. Visit the Official PMAY Website: For urban applicants, the website is PMAY Urban, and for rural applicants, PMAY Gramin.
2. Choose the Appropriate Category: Select "Benefit Under Other 3 Components" by entering your Aadhaar number for urban areas. For rural areas, the application process might slightly differ and may require different documentation.
3. Fill Out the Application Form: Provide all necessary personal details such as name, contact details, current residential address, and income details, along with your bank account details.
4. Submit the Form: After filling out the form, recheck all details for accuracy and submit the form online.
5. Print the Acknowledgment: Once your application is submitted, take a printout of the acknowledgment for future reference.

How to Edit Your Details After Submitting Application for PMAY

If you need to edit your application after submission, you should:

1. Visit the PMAY Website: Go to the same portal where you submitted your application.
2. Locate Your Application: Use the "Edit Your Details" option, which might require you to log in or enter your application ID and other personal details.
3. Make Necessary Changes: Once your application is accessible, make the necessary edits wherever required.
4. Submit the Updated Application: After making the changes, re-submit your application. Ensure to keep a copy of the updated acknowledgment.

How to Check PMAY Application Status

To check the status of your PMAY application:

1. Go to the PMAY Website: Use the links provided above based on whether your application is for the urban or rural scheme.
2. Enter Application Details: You will need to enter your application ID and other requested details in the "Track Your Assessment Status" section.
3. View Status: After entering the details, your application status will be displayed on the screen.

Features of the PMAY Housing Scheme

The term of a home loan disbursement under the PMAY scheme is 20 years.

1. The scheme has given special preference to women (with an overriding preference for widows), manual scavengers, individuals belonging to SC/ST/OBC groups, other minorities, persons with disabilities, and transgenders, subject to the condition that these persons belong to the EWS/LIG/MIG I and MIG II categories.
2. Under the scheme, applicants can also apply for a loan for repair work for their kuchha or semi-pucca house to convert them into a pucca house. However, this benefit is only reserved for applicants falling under the EWS/LIG category.
3. Another important factor that the scheme mentions is that the houses built under the PMAY should be built keeping in mind that they should be made at a low cost; should be disaster resilient; and should be per the climatic factors and socio-cultural dynamics of the region.
4. All the beneficiaries of the EWS category would be provided with comprehensive assistance for the disbursal of the loan amount. On the other hand, the rest three categories are eligible for the credit-linked subsidy scheme (CLSS).
5. All citizens of India, falling under PMAY scheme eligibility, have been and still benefitting courtesy of this populist project. This is a wonderful imitative by the Government of India, and its successful execution across the country is quite important.