PMAY Urban 2.0 is a housing scheme for people living in cities and towns who do not own a pucca house anywhere in India. Launched on 1 September 2024, it runs until August 2029 and covers 1 crore urban families. Depending on your income and situation, you can get either a direct grant or an interest subsidy on your home loan.
The scheme has four components. Which one applies to you depends on your income group and whether you already own land.
Four ways to get help under PMAY Urban 2.0
| Component | Who it covers | What you get |
|---|---|---|
| Beneficiary-led Construction (BLC) | EWS families with income up to Rs 3 lakh who own a plot | Up to Rs 2.5 lakh to build or improve a house |
| Affordable Housing in Partnership (AHP) | EWS families in housing projects with 35% EWS quota | Rs 1.5 lakh per EWS unit |
| In-situ Slum Redevelopment (ISSR) | Residents of notified slums | Rs 1 lakh per house for redevelopment |
| Credit Linked Subsidy Scheme (CLSS) | LIG and MIG home loan borrowers | Interest subsidy, maximum benefit around Rs 1.80 lakh |
Who can apply for PMAY Urban 2.0
Your family must meet all of these conditions:
- No family member owns a pucca house anywhere in India
- You live in a notified urban area, city, or municipality
- No one in the family has taken a central or state housing scheme benefit in the past 20 years
- The house should be registered in the woman’s name or jointly
| Category | Annual family income |
|---|---|
| EWS (Economically Weaker Section) | Up to Rs 3 lakh |
| LIG (Low Income Group) | Rs 3 lakh to Rs 6 lakh |
| MIG (Middle Income Group) | Rs 6 lakh to Rs 18 lakh |
How much money do you actually get?
Under CLSS, the interest subsidy applies on the first Rs 8 lakh of your home loan. The total benefit comes to roughly Rs 1.80 lakh, credited directly to your loan account. Your EMI drops from the very first month.
Under BLC, EWS families who own a plot in an urban area get up to Rs 2.5 lakh as a direct grant to build or improve their home.
How to apply online for PMAY Urban 2.0
- Go to pmaymis.gov.in
- Click “Citizen Assessment” and pick your component (CLSS, BLC, or AHP)
- Enter your Aadhaar for verification
- Fill in personal details, income, and property information
- Upload documents and submit
- Save the application reference number
- For CLSS: go to your bank and ask them to link your loan to PMAY Urban 2.0 subsidy
Documents you will need
- Aadhaar card for all family members
- Income certificate or last 3 months salary slips
- Plot or property documents if applying under BLC
- Bank account details
- Ration card or family composition proof
- Caste certificate if SC/ST
Banks that offer PMAY Urban 2.0 subsidy
Any scheduled commercial bank or NHB-registered housing finance company can process your application. SBI, HDFC, Bank of Baroda, ICICI Bank, PNB Housing Finance, LIC Housing Finance, and Canara Bank are the most widely used. You do not need to go to a dedicated PMAY office.
Important links
| Resource | Link |
|---|---|
| Apply online | pmaymis.gov.in |
| Ministry of Housing | mohua.gov.in |
| NHB (registered banks list) | nhb.org.in |
| Jan Samarth portal | jansamarth.in |
Common questions
I already have a home loan. Can I still apply?
Yes, if the loan was taken after 1 September 2024 and you have never received PMAY benefit before. The subsidy gets applied to the eligible portion of your outstanding loan.
How is PMAY Urban 2.0 different from the original PMAY?
PMAY 1.0 closed in March 2022. This is a new scheme with updated income limits, revised subsidy amounts, and a fresh 5-year window from September 2024 to August 2029.
Can a tenant apply?
Most components require you to own land or be part of a housing project. This scheme is for people who want to own a home, not rent one.
Last updated: 16.06.2026
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