Here are key things to know about Govt's credit linked interest subsidy scheme on housing loans
The government has recently launched guidelines on Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (Urban) for middle-income groups which are set to bring down EMIs down on housing loans for buyers by over Rs 2,000 per month.
The CLSS scheme has been effective from January 1 this year and it set to lower EMIs on housing loans by over Rs 2,000 per month. Representational Image. Image Source: Reuters