You Should Know Before Applying for PMAY Yojana

23/04/2021 Financial & Legal Services

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As we know PMAY functions in two different sections, namely, PMAY Urban (PMAY-U) and PMAY Gramin (PMAY-G). For this only eligible applicants can become a beneficiary under PMAY 2021. Pradhan Mantri Awas Yojana is a Credit Linked Subsidy Scheme. It means beneficiaries can avail interest subsidy on the loan they avail to purchase or construct a new house. The tenor of such loans can be up to 20 years. For more information visit Bajaj Housing Finance official website.

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