Interest Subsidy Scheme on home loans for MIG extended to March 2019


The central government has extended the validity of interest subsidy benefit of about Rs.2.60 lakh on home loans under Pradhan Mantri Awas Yojana (Urban) for beneficiaries belonging to Middle Income Groups (MIG) by 15 more months beyond earlier stipulated one year period ending December this year.

The government has decided to give more time for MIG beneficiaries to avail interest subsidy under PMAY (Urban), said Durga Shanker Mishra, Secretary (Housing & Urban Affairs), , while addressing an APREA-NAREDCO summit here.

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