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How does one avail it? Is there a salary bracket for it or can anyone get it?
asked Sep 7, 2017 in Home Loan by Mudit Sastri (15 points) | 51 views

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Credit Linked Subsidy, is a scheme launched for Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG – I & MIG –II). The beneficiary would be eligible for interest subsidy on purchase/construction of a house. The scheme is also available for enhancement of a dwelling unit.
The income norms for various Household categories are defined as under:
EWS households/individuals with an annual income up to Rs. 3.00 lakh
LIG households/individuals with an annual income more than Rs. 3.00 lakh and up to Rs. 6.00 lakh
MIG I households/individuals with an annual income more than Rs.6.00 lakh and up to Rs.12.00 lakh
MIG II households/individuals with an annual income more than Rs12.00 lakh to INR 18.00 lakh

Refer this table for more details https://www.pnbhousing.com/home-loan/pmay/interest-subsidy-benefits/
answered Sep 10, 2017 by Sharad Basu (63 points)
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