Indira Gandhi Awas Yojana: Features and benefits

24/03/2021 Financial & Legal Services

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As many of us know, Indira Awas Yojana or IAY is one of the first centralised housing schemes for Indians. It was introduced by the then Prime Minister, Rajiv Gandhi, in 1985. Scheme’s objective was to provide housing for the economically weaker sections in the country, and individuals belonging to below the poverty line or BPL. At first, its benefits were exclusive to beneficiaries from the Scheduled Caste and Scheduled Tribe minority groups. If you interested to know more about Indira Gandhi Awas Yojana or IAY then visit Bajaj Housing Finance official website.

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