Big boost to Pradhan Mantri Awas Yojana! IIFL Home Finance disburses Rs 7000 cr home loans to 42,500 families under PMAY
IIFL Home Finance Ltd, one of India’s leading housing finance companies in the affordable housing segment today said that it has approved loans worth about Rs. 7,000 crores to 42,500 beneficiaries under the CLSS vertical of Pradhan Mantri Awas Yojana (PMAY – CLSS).
Under the scheme, home buyers with Annual Household Income of up to Rs 18 lakh can avail the benefit of subsidy under the PMAY (U) scheme on their home loans to the extent of Rs. 2.67 lakh. Photo: PMAY website