PMAY: Get ₹25 Lakh Home Loan at 4% Interest from Govt

• Pradhan Mantri Awas Yojana (PMAY) offers home loans up to Rs 25 lakh at 4% interest, directly from the government.
• The scheme provides significant interest subsidies for EWS, LIG, and MIG categories, making home ownership affordable.
• Financial assistance for rural housing includes Rs 1.20-1.30 lakh per house, plus Rs 12,000 for essential amenities.
• Funding is shared between central and state governments, with varying ratios based on region, and 100% central funding for UTs.
• Eligibility requires no existing pucca house and falls within specific annual income brackets (EWS, LIG, MIG I, MIG II).

Why It Matters: PMAY offers subsidized home loans, making housing affordable for eligible citizens.