Grounds for not Receiving PMAY Subsidy on Housing Loan
Hero Housing Finance Ltd13 Mar, 2023Finance
Pradhan Mantri Awas Yojana (PMAY) is a government scheme that aims to provide affordable housing to the economically weaker sections and lower-income groups in urban and rural areas of India. To avail of the PMAY subsidy on housing loans, there are certain eligibility criteria that need to be fulfilled. If these criteria are not met, then the subsidy may not be granted. Here are some grounds for not receiving the PMAY subsidy on a housing loan:
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