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 (contact@mhfcindia.com). 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.

Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana / Housing for All

MHFC home loans can now receive a subsidy of upto Rs. 2.2 lakh for all potential customers who are eligible under the Pradhan Mantri Awas Yojana's Credit Linked Subsidy Scheme !! 

This is great news for urban, informal sector, low income customers - who will effectively be paying an interest rate of 5.5-6.5% p.a. We encourage all potential customers who are looking to buy a flat in MHFC-approved affordable housing projects to get in touch with a loan officer in the region. Contact information can be found below: 

Mumbai: Gulab Patil  +91  9167220732

Pune: Suraj Pawar +91 8879543963

Surat: Jignesh Patel +91 9016507947

Ahmedabad: Kashyap Patel +91 9925045276

Bhopal: Deepak Sarathe +91 9755333018

Jaipur / Rajasthan: Vineet Sharma +91 9829071784

Kolkata: Subrata Biswas +91 9831433440

Raipur / Chhattisgarh:  Shekhar Kumar +91 9617660066

To find out more about PMO India's CLSS scheme & eligibility requirements (woman owner, household monthly income less than Rs. 50,000 per month, not owning a house anywhere in the country), please send us a mail at contact@mhfcindia.com. 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.