SUBSIDY

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                    WHAT IS SUBSIDY ?

 This subsidy was under prime minister AWAS YOJANA for the first property buyer.

 There are different type of income bracket in awas yojana.
  • Income less than Rs 6 lakh per annum will get a subsidy of 6.5 percentage points on a principal component of Rs 6 lakh, regardless of the total loan amount.

  • Income up to Rs 12 lakh per annum will get interest subsidy of 4 percentage points on a principal component of Rs 9 lakh.

  • Income of up to Rs 18 lakh per annum will get a subsidy of 3 percentage points on a principal component of Rs 12 lakh. 

SUBSIDY

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