Monday, March 7, 2016

PMAY Credit Linked Subsidy Scheme: MHFC files claims on behalf of 340 families

Pleased to announce that out of the 1200 beneficiaries who have received a subsidy so far under the Credit Linked Subsidy Scheme of Pradhan Mantri Awas Yojana, MHFC had submitted claims on behalf of 340 families!
The Credit Linked Subsidy Scheme provides a 6.5% interest rate subsidy to families that qualify (household income less than Rs. 6 lakh a year, woman owner of the property being bought etc.) We would encourage all eligible customers to take advantage of this opportunity (works to an approx 35% reduction in the loan amount) and take the final step towards home ownership.
If you happen to know anyone who is currently looking to buy a home and is financially excluded, please refer them to MHFC ( We would be glad to help them out if they do qualify under the scheme and if they are able to service a loan from MHFC.

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