PMAY 2.0: Unlock Homeownership with ₹1.8 Lakh Subsidy & Tax Benefits

• PMAY 2.0 offers an interest subsidy of up to ₹1.80 lakh on home loans up to ₹25 lakh, directly reducing EMI.
• The scheme targets Economically Weaker Section (EWS), Low Income Group (LIG), and Middle Income Group (MIG) families.
• Homebuyers can also avail tax benefits under Section 24(b) and Section 80C, further lowering the loan burden.
• Banks offer flexible options like step-up loans and long tenures (up to 30 years) for first-time buyers.
• PMAY-U 2.0, valid until December 2025, prioritizes vulnerable groups; apply online via pmaymis.gov.in by Sep 30, 2025.

Why It Matters: PMAY 2.0 provides substantial financial aid, subsidies, and tax benefits to make homeownership accessible.