Home Loan EMI Payment
Please enter your full name
Enter your Full Name
Please enter your 10-digit mobile number
Mobile No can not be blank
Please enter the pin code of your residential address
Pin Code can not be blank

I authorize Bajaj Finserv representatives to call/SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C apply

Please accept the terms and conditions
An OTP has been sent on your mobile number

Enter one-time password

0 Seconds
Entered wrong mobile number ?
Enter net monthly salary
Net Monthly Salary can not be blank
Please enter loan amount required
Please Select Property Location
select date of birth
Select your date of birth
Enter PAN card details
Pan Card can not be blank
Select employer name from the list
Enter personal email address
Personal Email can not be blank
Enter official email address
Official Email ID can not be blank
Enter current monthly obligations
Select business vintage value
Enter your monthly salary
Net Monthly Salary can not be blank
Please enter loan amount required
Please Select Balance Transfer Bank
Select Property Location
Enter annual turnover (18-19)
Enter your Annual Turnover 17-18

Thank you

Affordable Housing Schemes in India

The Indian government is encouraging affordable housing schemes with a focus on buyers belonging to different sections of society. The central government housing schemes are an ambitious plan offering people affordable housing under the Housing for All initiative, by the year 2022. These new housing schemes are as follows.

Pradhan Mantri Awas Yojana (PMAY)

Pradhan Mantri Awas Yojana, launched in 2015, aims to provide houses for the homeless. The government is offering this scheme to all UTs and states. It also offers interest subsidy for home loans for first-time buyers in urban areas.

Pradhan Mantri Gramin Awas Yojana

Pradhan Mantri Gramin Awas Yojana, earlier known as Indira Awas Yojana, is an affordable housing scheme focusing on homeless families and providing them with Pucca houses with basic amenities. This government housing scheme offers financial assistance and shares the cost of construction with the state.

Rajiv Awas Yojana

Rajiv Awas Yojana, launched in 2009, aims to bring all illegal constructions within a formal system to encourage a slum-free India. Under this affordable housing scheme, the centre approves the scheme as Affordable Housing in Partnership or AMP.

Apart from the Centre, new housing schemes are also available from the states. State-run schemes providing affordable housing for people include:

DDA Housing Scheme

Delhi Development Authority Housing Scheme is a new housing scheme launched in December 2018. DDA Housing Scheme will offer apartments for high income groups, middle income groups, and low-income groups, while there will be some reservations for the economically weaker sections of the society.

Tamil Nadu Housing Board Scheme

Tamil Nadu Housing Board Scheme, started in 1961, has now developed into a full-fledged organisation and offers shelter to people from various income groups. This scheme also has subsidiary schemes under it, such as the Sevvapet Phase III Scheme and Ambattur Housing Scheme.

Mhada Lottery Scheme

Maharashtra Housing and Area Development Authority is a lottery scheme launched every year. Mhada lottery scheme is meant for buyers from various income groups. A major portion of the units in the scheme will be reserved for the poorer sections.

NTR Housing Scheme

NTR Housing Scheme from the Andhra Pradesh government has a target of providing 19 lakh houses before the elections in 2019. The Centre will offer subsidy for homes linked with the PMAY scheme. In this scheme, the beneficiary will have to contribute only one-third amount of the principal.

Home Loan on Housing Schemes

Bajaj Finserv offers easy Home Loans in India. Whether you are booking a plot or buying a flat under various Housing Schemes, a Bajaj Finserv Home Loan will be a wise choice.

PMAY subsidy scheme for MIG I & II category is not extended by regulatory. Category wise scheme validity is mentioned below:
1. EWS & LIG category is valid up to 31st March 2022
2.MIG I & MIG II category was valid up to 31st March 2021