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Pradhan Mantri Awas Yojana – Urban 2.0

Get Pradhan Mantri Awas Yojana Urban 2 home loan from Bank of Baroda with interest subsidy up to ₹1.80L. // eligible. Affordable housing, low interest rates. Apply for Urban 2 loan today!

Maximum loan amountHome loan up to ₹25 lakh; property value up to ₹35 lakhProcessing feeNil fees are listed for the PMAY-U 2.0 schemeIncome-group eligibilityAnnual household income up to ₹9 lakh across EWS, LIG and MIG groups; the page does not publish a separate minimum income amount.
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Quick eligibility check

Pradhan Mantri Awas Yojana – Urban 2.0

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Annual household income up to ₹9 lakh across EWS, LIG and MIG groups?

Published source: Income-group eligibility

2Does your annual income meet this requirement: the page does not publish a separate minimum income amount?

Published source: Income-group eligibility

3Does your annual income meet this requirement: Resident Indian citizens in EWS, LIG or MIG income groups may apply?

4Do you meet this requirement: Neither the beneficiary nor family may own a pucca house anywhere in India or have used a central/state housing scheme in the previous 20 years?

5Are you this type of customer: title must be in a female member's name or jointly with a male member?

6Document checkDo you have at least one of these required documents: Identity proof such as Aadhaar, PAN, voter ID or passport?

Published source: Eligibility

7Document checkDo you have this required document or proof: Aadhaar details for family members?

Published source: Eligibility

8Document checkDo you have at least one of these required documents: Address proof such as utility bill, rent agreement, ration card or equivalent permanent/present-address document?

Published source: Eligibility

9Document checkDo you have this required document or proof: Income-group and property documents required for the PMAY-U 2.0 assessment?

Published source: Eligibility
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

EligibilityResident Indian EWS/LIG/MIG households with annual income up to ₹9 lakh, no pucca house anywhere in India, no central/state housing-scheme benefit in the preceding 20 years, Aadhaar for all adult family members and female or joint property ownership as prescribed.View source
The official 2.0 page publishes the income ceiling, ownership, Aadhaar and prior-benefit conditions.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Eligibility / Conditions
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Interest subsidyInterest subsidy is up to ₹1.80 lakh, credited upfront through DBT in five equal yearly instalments. It applies to a home loan up to ₹25 lakh for a property valued up to ₹35 lakh, subject to scheme rules.View source
The official page publishes the ₹1.80 lakh subsidy, five instalments and loan/property ceilings.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Interest Subsidy Scheme
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Property / coverageHouse carpet area must not exceed 120 sq m. The scheme covers BLC, AHP, ARH and ISS verticals, with priority for vulnerable groups; the ISS vertical is the home-loan subsidy route.View source
The official scheme overview publishes the carpet-area ceiling and four implementation verticals.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Scheme Verticals / ISS
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil fees are listed for the PMAY-U 2.0 schemeView source
The Fees & Charges section displays 'Nil'. This is recorded as the scheme fee statement; statutory charges are not added without a separate publication.
Source
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan
Page / section
Fees & Charges
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Income-group eligibilityAnnual household income up to ₹9 lakh across EWS, LIG and MIG groups; the page does not publish a separate minimum income amount.View source
The page gives the upper income band and does not state a lower rupee threshold.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Benefits; Eligibility Criteria
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum loan amountHome loan up to ₹25 lakh; property value up to ₹35 lakhView source
The page states the benefit applies when the home loan is ≤ ₹25 lakh and property value is ≤ ₹35 lakh; eligibility repeats the maximum loan amount and property value.
Source
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan
Page / section
Benefits and Eligibility Criteria
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Property conditionsCarpet area up to 120 sq m; title in a female member's name or joint with a male member; no pucca house and no central/state housing-scheme benefit in the previous 20 years.View source
The page publishes area, title and prior-benefit conditions.
Source
Pradhan Mantri Awas Yojana — Urban 2.0
Page / section
Eligibility Criteria; Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeHome loan under the PMAY-Urban 2.0 Interest Subsidy SchemeView source
The official page identifies the product as 'Pradhan Mantri Awas Yojana – Urban 2.0' and describes it as a home-loan subsidy route for , and families.
Source
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan
Page / section
Product title and description
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
BenchmarkBank of Baroda says BRLLR applies to all retail lending products. The current page lists BRLLR at 7.90% (repo 5.25% + markup/base spread 2.65%) effective 6 December 2025 and 1-year MCLR at 8.75% effective 12 August 2026. Product-specific spreads, CIBIL pricing and scheme conditions determine the applicable rate.Effective 12 Aug 2026View source
The page states that was introduced for all retail lending products and gives the current , repo-plus-spread composition and reference. It does not state that one single spread applies to every product.
Source
Bank of Baroda Retail Loans Interest Rates
Page / section
benchmark; benchmark; retail loan rate tables
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsResident Indian EWS/LIG/MIG households with annual income up to ₹9 lakh, no pucca house anywhere in India, no central/state housing-scheme benefit in the preceding 20 years, Aadhaar for all adult family members and female or joint property ownership as prescribed.View source
The manually reviewed product record states: “Resident Indian // households with annual income up to ₹9 lakh, no pucca house anywhere in India, no central/state housing-scheme benefit in the preceding 20 years, Aadhaar for all adult family members and female or joint property ownership as prescribed.”.
Source
Pradhan Mantri Awas Yojana – Urban 2.0 — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Home-loan subsidy up to ₹1.80 lakh for eligible beneficiaries.
  • Supports , and households with annual incomes up to ₹9 lakh.
  • Upfront interest subsidy reduces the loan principal and .
  • Benefit applies where home loan is up to ₹25 lakh and property value up to ₹35 lakh.
  • Eligible carpet area is up to 120 square metres; subsidy is released in five equal yearly instalments through .

Eligibility

  • Resident Indian citizens in , or income groups may apply.
  • Neither the beneficiary nor family may own a pucca house anywhere in India or have used a central/state housing scheme in the previous 20 years.
  • Aadhaar is mandatory for all adult family members; title must be in a female member's name or jointly with a male member.
  • Property value may be up to ₹35 lakh and maximum loan amount ₹25 lakh; carpet area up to 120 sq m.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Identity proof such as Aadhaar, , voter or passport.
  • Aadhaar details for family members.
  • Address proof such as utility bill, rent agreement, ration card or equivalent permanent/present-address document.
  • Income-group and property documents required for the 2.0 assessment.

Related official documents

Bank of Baroda Retail Loans Interest Rates — current BRLLR and MCLR referencesofficial-interest-rate-page · current · accessed 29 Aug 2026
↗
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loanofficial-product-page · current · accessed 29 Aug 2026
↗
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Find the exact published value

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Beneficiary groups · Published value, and resident Indian families

This value is copied from Bank of Baroda 2.0 published terms. Check the table notes before relying on it.

Source: Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan · Benefits, Features, Eligibility Criteria, Fees & Charges, and Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsBank of Baroda PMAY-U 2.0 published termsComplete comparison-ready scheme limits and conditions transcribed from the official page.View tableHide table

Scroll sideways to view every column

Bank of Baroda PMAY-U 2.0 published terms
FieldPublished value
Beneficiary groups, and resident Indian families
Annual incomeUp to ₹9 lakh
Maximum home-loan amount₹25 lakh
Maximum property value₹35 lakh
Maximum carpet area120 sq. m.
Interest subsidyUp to ₹1.80 lakh, credited in five equal yearly instalments through
OwnershipFemale member or joint ownership with male member
Prior housing benefitNo central/state housing-scheme benefit in the last 20 years
AadhaarMandatory for all adult family members
Fees & chargesNil
Up to ₹30 lakh: 90%; above ₹30 lakh to ₹75 lakh: 80%; above ₹75 lakh: 75%
  • The page does not publish a -specific interest rate, , tenure or prepayment rule; linked current rate pages control those fields if applicable.
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan · Benefits, Features, Eligibility Criteria, Fees & Charges, and · accessed 29 Aug 2026Open official source ↗
Table 2 · 3 rows · 4 columnsBank of Baroda retail-lending benchmark referenceCurrent benchmark values and effective dates from the official retail-loans rate page.View tableHide table

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Bank of Baroda retail-lending benchmark reference
ReferencePublished valueEffective dateUse
7.90% = repo 5.25% + markup/base spread 2.65%6 December 2025Benchmark for retail lending; product-specific spread and risk pricing still apply.
1-year 8.75%12 August 2026Reference used by products or fixed/legacy pricing that expressly links to .
Base rate9.45%12 May 2025Reference where a product's published terms expressly use Base Rate.
  • The page says covers retail lending products but also shows product-specific spread tables; the benchmark is not itself the final customer rate.
Bank of Baroda Retail Loans Interest Rates · benchmark; benchmark · effective 12 Aug 2026 · accessed 29 Aug 2026Open official source ↗
Table 3 · 13 rows · 2 columnsPMAY-Urban 2.0 published termsComplete comparison-relevant scheme conditions transcribed from the official PMAY-U 2.0 page.View tableHide table

Scroll sideways to view every column

PMAY-Urban 2.0 published terms
TopicPublished value
Beneficiary groupsResident Indian , and families with annual income up to ₹9 lakh.
Housing conditionNo pucca house anywhere in India and no central/state housing-scheme benefit in the preceding 20 years.
Aadhaar / ownershipAadhaar mandatory for all adult family members; female or joint ownership as prescribed.
Maximum loan₹25 lakh.
Maximum property value₹35 lakh.
Maximum carpet area120 sq. m.
Interest subsidyUp to ₹1.80 lakh, credited upfront through in five equal yearly instalments.
VerticalsBLC, AHP, ARH and ISS; ISS is the home-loan subsidy route.
Basic amenitiesKitchen, toilet, water and electricity required.
Fees & chargesNil on the scheme page.
Rate / / tenureNo -specific interest rate, or repayment term published.
PrepaymentNo -specific early-closure or prepayment rule published.
DocumentsIdentity proof, Aadhaar details of family members and address proof such as utility bill, rent agreement or ration card.
  • Nil scheme fees are not extended to prepayment because the page does not explicitly state an early-closure waiver.
Pradhan Mantri Awas Yojana — Urban 2.0 Home Loan — official product page · Benefits; Features; Eligibility Criteria; Documents Required; Fees & Charges; ; · accessed 29 Aug 2026Open official source ↗
Table 4 · 10 rows · 2 columnsPMAY-Urban 2.0 — subsidy and eligibilityPublished PMAY-U 2.0 conditions from the current official page.View tableHide table

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PMAY-Urban 2.0 — subsidy and eligibility
ConditionPublished detail
Income groups, and ; annual income up to ₹9 lakh
SubsidyUp to ₹1.80 lakh, credited upfront and released in five equal yearly instalments
Home loan capUp to ₹25 lakh
Property value capUp to ₹35 lakh
Carpet areaUp to 120 sq m
Existing houseNo pucca house owned anywhere in India by beneficiary/family
Prior scheme benefitNo central/state housing benefit in previous 20 years
OwnershipFemale member's name or joint ownership with male member
DocumentsIdentity proof; family Aadhaar details; address proof
FeesNil
  • Subsidy is subject to official 2.0 norms and authority release conditions.
Pradhan Mantri Awas Yojana — Urban 2.0 · Benefits; Eligibility Criteria; Documents Required; Fees & Charges; · accessed 30 Aug 2026Open official source ↗

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