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Wednesday, October 27, 2021

PM Awas Yojana: know PM subsidy scheme, subsidy comes in bank or cash

PM Awas Yojana subsidy comes in the account or gets cash– Like the Pradhan Mantri Awas Yojana being run by the Central Government, many people of the country will have questions which are PM Housing Scheme, in which the government has given financial assistance. In the form of subsidy, the amount comes in the bank account of the applicant or in the form of cash (cash), then according to the rules of this scheme of the central government, the subsidy is transferred to the direct bank account of the applicant. She goes. It operates under a type of credit linked subsidy scheme.

How you get PM Awas Yojana subsidy?

All the instalments of the scheme are transferred to the direct bank account. Such a rule can also be called a credit-linked subsidy scheme. In this way, due to the transfer of funds in the direct bank, the middlemen get bribed from the middlemen and the beneficiary gets the benefit of the direct PM Kisan Yojana.

What is PM Housing Scheme?

The central government started the scheme in view of the poor people, which was launched on 15 June 2015, the main objective of this scheme is that by 2022, all the Zapiriyos of India will be demolished and the slums in the urban areas The scheme was started with the construction of pucca houses. The Modi government has decided to give pucca houses to all the poor people of the country and right now, they are seen fulfilling their promise by giving pucca houses to many people in the country.

Documents required to apply in Pradhan Mantri Awas Yojana

  • income certificate
  • Aadhar Card
  • mobile number
  • Beneficiary Address
  • Bank account passbook
  • Passport size photo

What is Credit Linked Subsidy Scheme?

Under this PM Awas Scheme, India has formulated a subsidy scheme for the scheme of the weaker section of the country (EWS) / low-income group (LIG), middle-income group (MIG-1), the amount of subsidy of this PM housing scheme The subsidy has been fixed according to the sections according to the rules of PM housing, it is up to 2.67 lakhs, though it was first started in the country in 2017 and its last date was in March but the central government extended the date. Till March 2021, it has been given big so that the beneficiary who has not yet applied online, can avail the PM Awas Yojana by applying as soon as possible.

How long is the loan available under Pradhan Mantri Awas Yojana?

The central government gives time for repaying the subsidy received through the scheme before 30 years, if the beneficiary is still 30 years or more, then he should repay the loan to the government till he turns 65. Time is given for the same, if the beneficiary wants, he can repay his subsidy amount before 30 years.

Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social cause and entrepreneurship is her forte.
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