Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Published scheme limitsLoan up to ₹25 lakh, project cost up to ₹35 lakh and maximum interest subsidy ₹1.80 lakhEffective 1 Sept 2024
Source 1Household income ceilingGross annual household income up to ₹9 lakhEffective 1 Sept 2024
Source 2Processing feeNo processing fee up to ₹8 lakh; regular home-loan fee thereafterEffective 1 Sept 2024
Source 3Benefits and features
- Interest subsidy up to ₹1.80 lakh
- Nil processing fee through ₹8 lakh
- Purchase or construction
- Government-scheme application route
Eligibility
- Resident Indian household income must be up to ₹9 lakh and the family must not own a pucca house in India.
- A woman must be sole or co-owner, and other scheme housing-allotment and carpet-area conditions apply.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Income and household declarations
- Property documents
- PMAY-U 2.0 scheme evidence