Home Loan Interest Subsidy

The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the benefit of Rs 2.6 lakh subsidy will be available till March 2019. On 31 December last year, Prime Min...

Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.

Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.

This home loan interest subsidy scheme is part of the government's 'Housing for All' initiative. The scheme will be implemented initially for a period of one year.

Middle income groups (MIG) with annual incomes of above Rs 6 lakh and up to Rs 18 lakh per year are eligible for interest subsidy on buying their first home under Pradhan Mantri Awas Yojana (Urban).

He said the government is moving towards reduction in the interest rates, which are difficult to manage currently.

The government today extended by one year the one per cent interest subsidy scheme on housing loans of up to Rs 15 lakh, where the cost of the house does not exceed Rs 25 lakh.

The government is moving aggressively to promote low cost housing. The cabinet has cleared for availing a 1 per cent subsidy for loans for low cost homes. Loans up to Rs 15 lakh for housing that is up to Rs 25 lakh will be eligible for the 1 per cent interest subsidy. The cap for the interest subsidy was Rs 10 lakh earlier while housing up ...

To give a boost to the housing sector, the government may increase on Tuesday the home loan cap for availing one per cent interest subsidy to Rs 15 lakh from existing Rs 10 lakh. The government may also raise the ceiling on cost of house to Rs 25 lakh from Rs 20 lakh to avail this benefit. The Union Cabinet in its meeting on Monday may take...

The Reserve Bank today directed banks to implement 1 per cent interest subsidy scheme on housing loans up to Rs 15 lakh announced in the Budget with immediate effect. To help increase the demand for low-cost housing, Finance Minister Pranab Mukherjee liberalised the existing scheme of one per cent interest subvention on housing loans up to R...

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

The central government recently announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG) has been extended by 15 months. After the extension, the benefit of Rs 2.6 lakh subsidy will be available till March 2019. On 31 December last year, Prime Min...

Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.

Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.

This home loan interest subsidy scheme is part of the government's 'Housing for All' initiative. The scheme will be implemented initially for a period of one year.

Middle income groups (MIG) with annual incomes of above Rs 6 lakh and up to Rs 18 lakh per year are eligible for interest subsidy on buying their first home under Pradhan Mantri Awas Yojana (Urban).

He said the government is moving towards reduction in the interest rates, which are difficult to manage currently.

The government today extended by one year the one per cent interest subsidy scheme on housing loans of up to Rs 15 lakh, where the cost of the house does not exceed Rs 25 lakh.

The government is moving aggressively to promote low cost housing. The cabinet has cleared for availing a 1 per cent subsidy for loans for low cost homes. Loans up to Rs 15 lakh for housing that is up to Rs 25 lakh will be eligible for the 1 per cent interest subsidy. The cap for the interest subsidy was Rs 10 lakh earlier while housing up ...

To give a boost to the housing sector, the government may increase on Tuesday the home loan cap for availing one per cent interest subsidy to Rs 15 lakh from existing Rs 10 lakh. The government may also raise the ceiling on cost of house to Rs 25 lakh from Rs 20 lakh to avail this benefit. The Union Cabinet in its meeting on Monday may take...

The Reserve Bank today directed banks to implement 1 per cent interest subsidy scheme on housing loans up to Rs 15 lakh announced in the Budget with immediate effect. To help increase the demand for low-cost housing, Finance Minister Pranab Mukherjee liberalised the existing scheme of one per cent interest subvention on housing loans up to R...

Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.