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In summary
PMAY is a government initiative to make homeownership accessible for first-time buyers. Under PMAY-U 2.0, eligible individuals from EWS, LIG, and MIG categories can receive interest subsidies on home loans of up to 6.5%. The scheme also has specific requirements beyond income — including property ownership conditions and documentation.
This page covers:
- Core PMAY eligibility conditions — who qualifies and who does not
- Income-wise eligibility — EWS, LIG, MIG-I, MIG-II with subsidy details
- EWS and LIG criteria with women ownership requirement
- MIG-I and MIG-II criteria with max subsidy amounts
- Other requirements — construction timeline, town coverage, female ownership
- Who is not eligible for PMAY 2026
- Documents required for PMAY application
- How to apply for PMAY online step-by-step
- General PMAY information and related links
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What is PMAY and who is it for?
The Pradhan Mantri Awas Yojana (PMAY) is a government housing scheme launched in 2015 to help first-time homebuyers from economically weaker and middle-income households afford a home. Under the programme, eligible individuals from EWS, LIG, and MIG categories can receive interest subsidies on home loans. The goal is to make homeownership accessible to every Indian family.
PMAY covers both urban (PMAY-U) and rural (PMAY-G) components. PMAY-U 2.0 is the latest phase, supporting construction, purchase, or rental of affordable urban homes. You can apply in 2026 online via pmaymis.gov.in or offline at a local Common Service Centre (CSC).
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What are the core PMAY eligibility conditions?
An applicant is eligible for PMAY when all three conditions below are met:
- The beneficiary family must not own a pucca house (an all-weather dwelling) in their name or in the name of any family member, anywhere in India.
- The family must not have availed central assistance under any housing scheme from the Government of India or a State Government.
- The family must not have availed any PMAY-CLSS subsidy from any Primary Lending Institution.
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What is PMAY eligibility based on income?
| Economic section | Annual family income | Maximum carpet area |
|---|---|---|
| EWS (Economically Weaker Section) | Up to Rs. 3 lakh | 30 sq. mt |
| LIG (Low Income Group) | Rs. 3 lakh to Rs. 6 lakh | 60 sq. mt |
| MIG-I (Middle Income Group I) | Rs. 6 lakh to Rs. 12 lakh | 160 sq. mt |
| MIG-II (Middle Income Group II) | Rs. 12 lakh to Rs. 18 lakh | 200 sq. mt |
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What are the PMAY eligibility criteria for EWS and LIG?
| Category | Purpose | Income | Subsidy rate | Max tenure | Max subsidy | Women ownership |
|---|---|---|---|---|---|---|
| EWS | Construction, extension, purchase | Up to Rs. 3 lakh | 6.50% | 20 years | Rs. 2.67 lakh | Required |
| LIG | Construction, extension, purchase | Up to Rs. 6 lakh | 6.50% | 20 years | Rs. 2.67 lakh | Required |
For both categories, no family member must own a pucca house anywhere in India. EWS applicants submit a self-declaration of income; LIG applicants may be asked for income certificate or ITR.
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What are the PMAY eligibility criteria for MIG-I and MIG-II?
| Category | Purpose | Income | Subsidy rate | Max tenure | Max subsidy | Women ownership |
|---|---|---|---|---|---|---|
| MIG-I | Construction, purchase | Rs. 6 lakh to Rs. 12 lakh | 4.00% | 20 years | Rs. 2.35 lakh | Not required |
| MIG-II | Construction, purchase | Rs. 12 lakh to Rs. 18 lakh | 3.00% | 20 years | Rs. 2.30 lakh | Not required |
Both MIG-I and MIG-II are eligible for the Credit Linked Subsidy Scheme (CLSS). The interest subsidy is credited directly to the loan account, resulting in lower monthly EMIs. The subsidy applies on the eligible loan portion — Rs. 9 lakh for MIG-I and Rs. 12 lakh for MIG-II.
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What are the other requirements to complete PMAY eligibility?
- Only statutory towns as per Census 2011, and towns notified subsequently, are eligible for coverage under the scheme
- Construction or extension must be completed within 36 months from the date of disbursement of the first loan instalment
- For EWS and LIG: the house must be in the name of the female head of the household, or in the joint name of the male head and his wife — only if there is no adult female member can the house be in a male member's name
Important note: The EWS and LIG schemes under CLSS were discontinued with effect from 31 March 2022. The MIG-I and MIG-II schemes were discontinued with effect from 31 March 2021. Verify current status with official authorities before applying.
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Who is not eligible for PMAY 2026?
- Households with annual income above Rs. 18 lakh per year
- Families where any member already owns a permanent pucca house anywhere in India
- Families who have already received government financial assistance for buying a house
Exception: if your current home is smaller than 21 sq. mt, you may still qualify for funding to improve or extend it.
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What documents are required for PMAY application?
- Identity proof — Aadhaar card, PAN card, voter ID, passport, driving licence
- Address proof — voter ID, passport, utility bills
- Income proof — salary slips, Form 16, ITR, or affidavit for EWS/LIG
- Property details — allotment letter, property agreement, possession letter
- Bank account details
- SC/ST/OBC certificate from competent authority (if applicable)
- Minority self-declaration (if applicable)
- Duly filled PMAY application form
- Two passport-size photographs
- Proof of no pucca house — self-certification or self-declaration
- Affidavit as proof of income
- Consent form for Aadhaar-linked bank account DBT
How to apply for PMAY online in 2026
- Visit the official PMAY website at https://pmaymis.gov.in/.
- Click on 'Apply for PMAY-U 2.0'.
- Read the instructions carefully before proceeding.
- Enter your state, total yearly household income, and the vertical you are applying under. Note: once you select a vertical, it cannot be changed later.
- Answer questions on current home ownership and provide consent for Aadhaar verification.
- Enter your Aadhaar number and full name; generate and enter the OTP.
- Complete the form by uploading all required documents and submit.
- Note the Assessment ID generated — required for tracking application status.
General PMAY information and related links
| Resource | What it covers |
|---|---|
| Home Loan PMAY Overview | General overview of PMAY with home loan options |
| PMAY FAQs | Frequently asked questions on PMAY scheme |
| Key Benefits of PMAY | Detailed breakdown of financial and non-financial benefits |
| How to Apply for PMAY | Full step-by-step application guide with offline process |
PMAY offers eligible first-time buyers a meaningful reduction in home loan cost through the CLSS. Combining your PMAY subsidy with a competitive home loan maximises your savings. Bajaj Housing Finance offers home loans from 7.25% p.a.* p.a.* with amounts up to Rs. Rs. 15 Crore* and tenures up to 32 years years for applicants up to 67 years years. Check your pre-approved eligibility today
Frequently Asked Questions
Eligibility queries
Scheme rules and restrictions
Can a family that owns land apply for PMAY?
Owning land does not disqualify a family from PMAY. The condition is that no family member owns a pucca house anywhere in India. If the family owns a plot but no permanent structure, they may be eligible for PMAY assistance to construct a house on that land, subject to income and scheme conditions.
Can both husband and wife apply for PMAY separately?
No. Only one application is allowed per married couple. Whether the property is owned individually or jointly, only one CLSS subsidy is permitted per household. A duplicate application will be rejected during verification.
Is PMAY available for home loan balance transfers?
No. The PMAY CLSS subsidy applies only to new home loans for construction, purchase, or renovation. It does not apply to balance transfer loans. You can still benefit from lower interest rates through competitive lender pricing on a balance transfer, without the PMAY component.
What happens if you sell a PMAY-subsidised property?
Selling before the minimum lock-in period specified in your sanction may be treated as misuse of the subsidy, which may need to be returned to the government. Always check the terms and conditions of your specific PMAY sanction before any sale.
Can NRIs apply for PMAY?
No. PMAY is designed for resident Indian citizens who do not own a pucca house in India. NRIs are not eligible for PMAY subsidies. You may still apply for an Indian home loan as an NRI, but the PMAY benefit will not apply.
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