With PMAY-Urban 2.0, the Government’s flagship scheme, you will receive up to ₹1.80 lakh as a subsidy on your home loan interest, making it more affordable. Just like PMAY-1.0, which has already helped over 1 crore families; now it’s your turn. Don’t miss this opportunity to make your dream home a reality.

At ICICI Home Finance, our sales representatives across 218+ branches PAN-India are here to guide and help you in every step—from loan application to getting your PMAY subsidy. With us, you have nothing to worry about; we’re here for you.

Why PMAY-Urban 2.0 is Great for You?

Get ₹1.80 Lakh Subsidy

PMAY-Urban 2.0 offers up to ₹1.80 lakh as a subsidy on your loan interest, making it more affordable for you.

Home value up to ₹35 Lakh

Whether it’s a house or a flat, homes with a value of up to ₹35 lakh are included, giving you more options to choose from.

Loan Value up to ₹25 Lakh

PMAY-Urban 2.0 helps you get a home loan of up to ₹25 lakh, making it easier to afford your new home.

For First-Time Homebuyers

If it’s your first home, and neither you nor your family (spouse and unmarried children) currently own one, PMAY-Urban 2.0 gives you the chance to own your very first pucca house!

Carpet Area up to 120 sqm

You can buy a home with up to 120 sqm of space, giving you a comfortable place for you and your family.

Who’s Eligible for PMAY-Urban 2.0?

Eligibility Criteria Economically Weaker Sections (EWS) Low-Income Group (LIG) Middle-Income Group (MIG)
Annual Household Income (₹) Up to ₹3 lakh ₹3 lakh - ₹6 lakh ₹6 lakh - ₹9 lakh
Interest Subsidy (% P.A.) 4% on the first ₹8 lakh of the loan           4% on the first ₹8 lakh of the loan 4% on the first ₹8 lakh of the loan
Maximum Home Loan Eligible (₹) ₹25 lakh ₹25 lakh ₹25 lakh
Maximum House Value (₹) ₹35 lakh ₹35 lakh ₹35 lakh
Maximum Carpet Area(sqm) 120 sqm 120 sqm 120 sqm
Maximum Benefit of Interest Subsidy (₹) ₹1.80 lakh ₹1.80 lakh ₹1.80 lakh
Current Home Ownership  NO             NO NO
Property Location Statutory towns as per Census 2011 or any town subsequently notified by the government

How to Apply for PMAY-Urban 2.0?

Applying is Simple!

1. Apply for a Home Loan: You can visit our nearest branch, apply online, or give us a missed call on 99200 61295.

2. Apply for the ISS Subsidy: We’ll guide you through the Interest Subsidy Scheme process if you’re eligible.

3. Subsidy Disbursal: Once verified, the subsidy amount will be credited directly to your loan account, as a subsidy on your home loan interest.

At ICICI Home Finance, we’re here to support your journey towards owning your dream home with ease and transparency.

PMAY Subsidy Calculator

Find out if you are eligible for the Pradhan Mantri Awas Yojana (PMAY) and how much subsidy you can get with our PMAY Subsidy Calculator

Have you availed central assistance under any housing scheme from Govt. or any benefit under PMAY?
Is this your First Pucca House?
Is any female (Mother/Wife) member of the family also owner of the property?
Enter Total Annual Family Income
Thirty Thousand
Loan Amount
Ten Lakhs
Housing Value
Ten Lakhs
Enter Loan Tenure (Months)
8 year's and 1 month
Months
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8 year's and 1 month
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PMAY Annual Subsidy Amount

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Subsidy Category

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Net Reduction in EMI

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