PMAY Urban Subsidy Calculator to check subsidy amount on housing loans taken by you is now available at pmaymis.gov.in. You can now calculate amount of subsidy to be offered by central government under Pradhan Mantri Awas Yojana Urban (PMAY-U). This subsidy amount depends on your annual family income, loan amount, tenure, carpet area of house and other factors. Even you can calculate the EMI which you will have to repay on your housing loans using PMAY Urban EMI Calculator. Read this article till the end to know how to calculate EWS, LIG, MIG-I, MIG-II subsidy using PM Awas Yojana Urban Subsidy Calculator as well how to calculate your home loan EMI.
Also Read: PMAY Urban Beneficiary Search by Aadhar Card
PMAY Urban Subsidy Calculator
STEP 1: First of all, visit the official website of PMAY Urban at https://pmaymis.gov.in/
STEP 2: At the homepage, click at “Subsidy Calculator” link present in the main menu.
STEP 3: Direct link – https://pmayuclap.gov.in/content/html/Subsidy-Calc.html
STEP 4: Upon clicking the link, the PMAY Urban Subsidy Calculator page will open. Note that if on clicking this link, a pop up window asking to select a certificate to authenticate yourself appears, then press ‘Cancel’.
STEP 5: Select the annual family income, loan amount, tenure (months), what is carpet area (sq.m) of house, ‘Is this your first pucca house’ and then PMAY Urban subsidy amount will get displayed on your screen.
Also Read: Edit / Print PMAY Urban Application
PM Awas Yojana Urban EMI Calculator
If any person wants to calculate their equated monthly installments (EMIs) under PM Awas Yojana Urban housing scheme, then he/she can calculate it using the link – https://pmaymis.gov.in/EMI_Calculator.aspx. Upon clicking the link, the “NPV Subsidy Calculator” page will open.
Enter the total loan amount (in Rs.), rate of interest, total loan period (in months) and click “Calculate” button to check EMI on PMAY Urban housing loans.
Also Read: PMAY Urban Citizen Assessment Apply Online
EWS, LIG, MIG-I, MIG-II Categories in PMAY Urban
- If your annual family income is less than Rs. 3 lakh, then you belong to EWS category.
- If your annual family income is more than Rs. 3 lakh but less than Rs. 6 lakh, then you belong to LIG category.
- If your annual family income is more than Rs. 6 lakh but less than Rs. 12 lakh, then you belong to MIG-I category.
- If your annual family income is more than Rs. 12 lakh but less than Rs. 18 lakh, then you belong to MIG-II category.
Also Read: Track PMAY Urban Application Status
For more details, visit the official website pmaymis.gov.in
Also Read: PMAY Funds Release Status