Calculate your Pradhan Mantri Awas Yojana (PMAY) CLSS interest subsidy. Check if you qualify under EWS, LIG, MIG-I or MIG-II and see how much subsidy is credited to your loan.
Get ₹2.67 Lakh subsidy credited to your loan account. We manage the entire CLSS application — zero cost to you.
Pradhan Mantri Awas Yojana (PMAY) — Credit Linked Subsidy Scheme (CLSS) is a Government of India initiative under "Housing for All". It provides an interest subsidy on home loan EMIs for first-time homebuyers across EWS, LIG, MIG-I and MIG-II income categories.
The subsidy is calculated as Net Present Value (NPV) of the interest benefit and is credited directly to your home loan account by the lending bank through NHB or HUDCO on day one of disbursement. This directly reduces your principal outstanding, lowering every subsequent EMI.
| Category | Annual Income | Subsidy Rate | Max Loan | Max Subsidy (NPV) | Max Carpet Area |
|---|---|---|---|---|---|
| EWS | Up to ₹3 Lakh | 6.5% | ₹6 Lakh | ₹2,67,280 | 30 sq m |
| LIG | ₹3–6 Lakh | 6.5% | ₹6 Lakh | ₹2,67,280 | 60 sq m |
| MIG-I | ₹6–12 Lakh | 4.0% | ₹9 Lakh | ₹2,35,068 | 120 sq m |
| MIG-II | ₹12–18 Lakh | 3.0% | ₹12 Lakh | ₹2,30,156 | 150 sq m |
Yes, Pune Municipal Corporation (PMC), Pimpri-Chinchwad Municipal Corporation (PCMC), and surrounding areas are covered under PMAY. Properties in Wakad, Hinjewadi, Baner, Kharadi, Hadapsar, Viman Nagar, Pimpri, Chinchwad, and all gazetted PCMC areas are eligible.
NRIs are not eligible for PMAY CLSS subsidy as of current guidelines. The scheme is available only to Indian residents purchasing their first home in India.
No. The PMAY CLSS interest subsidy is tax-free and does not form part of your taxable income under Section 10 of the Income Tax Act.
No. The "no existing pucca house" condition applies to the entire household — applicant, spouse, and dependent children. If any family member owns a pucca house in any part of India, the household is not eligible.