Rakesh Singh
Contractor
I was so happy to tell my
friends that I received the subsidy.
Getting the PMAY 2.0 subsidy
was never this easy!
48-hour sanction!
Home loan with HomeFirst in just 48 hours.
PMAY 2.0 on your
home loan
Save up to ₹36000 every year for the first 5 years on your home loan
HomeFirst + PMAY 2.0
= Perfect Match!
From sanction to subsidy, single point of contact!
HomeFirst’s PMAY 2.0 in action
Know how subsidy made home loans easy
Simple and speedy subsidy!
Easy and hassle-free steps to get PMAY 2.0 subsidy!
Take the first step
Fill out your home loan application here. We will carry the process at your convenience.
Authentication and Eligibility
After a quick sanction, we will check your eligibility for PMAY 2.0 subsidy.
PMAY 2.0 Application
Our team will apply for PMAY online and geo-tag your property.
Enjoy your subsidy benefits!
Once approved, the subsidy amount will be credited to your loan account.*
PMAY 2.0 Subsidy Calculator
Simple math to know your subsidy
emi paramaters
Key Features of PMAY 2.0
Your First Home
PMAY 2.0 helps families (husband, wife, and children) purchase their first pucca (permanent) home
Subsidy Benefits
Eligible beneficiaries receive a ₹1.8 lakh subsidy, credited in five instalments directly to their loan account.*
Female Ownership Priority
To promote women’s empowerment, the house must be fully or partially owned by a female family member.
Home Eligibility
Maximum Property Value: ₹35 lakh
Maximum Carpet Area: 120 sq. meters
Location: Approved urban towns only
Loan Guidelines
Minimum loan tenure: 5 years
Maximum loan amount eligible for subsidy: ₹25 lakh
Applicable for loans sanctioned on or after 01.09.2024
Subsidy on first ₹8 lakh for a tenure upto 12 years
Income Eligibility
Households with an annual income below ₹9 lakh qualify for the scheme.
Here's your document checklist
Keep the originals handy.
Personal documents
Aadhaar card
PAN card
Driver license
Voter ID
Passport
Professional documents
Bank statement
ITR
Salary Slip
Residential documents
Sale deed
Property tax
Personal documents
Aadhaar card
PAN card
Driver license
Voter ID
Passport
Professional documents
Bank statement
ITR
Residential documents
Sale deed
Property tax
Have more questions?
Find the answers here.
FAQs about all things loan.
Yes, a woman must own or co-own the house purchased through this scheme.
Your household income should be below 9 Lakh per annum. Your home loan should be sanctioned and disbursed after 1st Sept 2024. You should be the first home buyer in your family. (family includes husband, wife and their unmarried children). A woman's family member has to be the complete or partial owner of the property and a co-borrower of the loan. Your family and the property you are purchasing should not have availed any housing subsidy in the past. The house must be in a statutory town or notified planning area. It should be the beneficiary’s first pucca house. Your loan tenure has to be more than 5 years. Your bank account should be linked with your Aadhar card.
Yes, applications can be submitted on the official PMAY 2.0 website (pmaymis.gov.in). Our RMs can guide you through the entire process hassle-free! You can contact us and we can get started with your application immediately!
Key documents include: Aadhaar Card linked with your mobile no Income proof (if any) Active Bank account linked to your Aadhar PAN Card Aadhaar Card for all family members, including parents For more information, please reach out to us.
PMAY ISS is Interest Subsidy Scheme under which EWS, LIG and MIG can get interest benefits on home loans to buy a new house, buy a resell house or build their own house.
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