HomeGovt SchemesPM Awas Yojana 2022 List: Pradhan Mantri Awas Yojana

PM Awas Yojana 2022 List: Pradhan Mantri Awas Yojana

PM Awas Yojana 2022 List: Pradhan Mantri Awas Yojana – The Pradhan Mantri Awas Yojana (PMAY) is an initiative, that was started by Govt of India on 1 June 2015. the main purpose of the Pradhan Mantri Awas Yojana (PMAY) is to provide affordable housing to the urban poor by the year 2022. The interest rate for the PMAY (Pradhan Mantri Awas Yojana) scheme begins at 6.50% p.a. and can be availed for a tenure of up to 20 years.

Pradhan Mantri Awas Yojana (PMAY) 2022 Beneficiaries List:

BeneficiaryAnnual Income
Middle Income Group I (MIG I)Rs.6 lakh to Rs.12 lakh
Middle Income Group I (MIG II)Rs.12 lakh to Rs.18 lakh
Lower Income Group (LIG)Rs.3 lakh to Rs.6 lakh
Economically Weaker Section (EWS)Up to Rs.3 lakh

Pradhan Mantri Awas Yojana (Urban)-PMAY (U)

  • Pradhan Mantri Awas Yojana (Urban) Mission was launched on 25th June 2015 in order to provide housing for all in urban areas by the year 2022.
  • The Mission provides Central Assistance to the implementing agencies through States/Union Territories (UTs) and Central Nodal Agencies (CNAs) for providing houses to all eligible families/ beneficiaries against the validated demand for houses for about 1.12 cr.
  • As per PMAY(U) guidelines, the size of a house for the Economically Weaker Section (EWS) could be up to 30 sq. mt.

List of Banks which offer loans under the PMAY scheme

  • Bank of Baroda
  • State Bank of India
  • Axis Bank
  • IDFC First Bank
  • Bandhan Bank
  • Bank of India
  • HDFC Bank
  • IDBI Bank
  • Punjab National Bank
  • Canara Bank

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