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 Homeowner
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 home!
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!
Apply for a Home Loan: You can visit our nearest branch, apply online, or call us on our toll-free number 1800 267 4455.
Apply for the ISS Subsidy: We’ll guide you through the Interest Subsidy Scheme process if you’re eligible.
Subsidy Disbursal: Once verified, the 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 in every step.
