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Credit Linked Subsidy Scheme (CLSS)

CLSS under PMAY gives an upfront interest subsidy on home loans for EWS, LIG, MIG-I and MIG-II families — reducing your EMI from day one. Save up to ₹2.67 lakh.

Housing Finance

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This page is written by an independent website. It is not affiliated with the Government of India. Always apply through the official government website linked below.

Simple Overview

The Credit Linked Subsidy Scheme (CLSS) is part of PM Awas Yojana Urban. When you take a home loan, the government pays a part of your interest upfront, which is credited directly to your loan account. This reduces your outstanding principal immediately, making your monthly EMIs lower from the very first month.

Who Can Apply?

  • First-time home buyers in EWS, LIG, MIG-I, or MIG-II income categories
  • Family must not own a pucca house anywhere in India
  • Family must not have previously received housing benefits under any government scheme
  • For MIG categories, preference for women, SC/ST, transgender, and differently-abled applicants

Income Limits

EWS: up to ₹3 lakh (6.5% subsidy) | LIG: ₹3–6 lakh (6.5% subsidy) | MIG-I: ₹6–12 lakh (4% subsidy) | MIG-II: ₹12–18 lakh (3% subsidy)

Required Documents

  • Aadhaar Card (all adult family members)
  • Income proof (salary slips, ITR, or income certificate)
  • Self-declaration of no pucca house owned by family
  • Property documents (sale agreement, NOC, building plan approval)
  • Bank account passbook

Step-by-Step Application Process

  1. 1
    Choose an empanelled bank or HFC

    Apply at any bank or Housing Finance Company (HFC) empanelled under PMAY-CLSS. Most major banks (SBI, HDFC, Axis, PNB) participate.

  2. 2
    Declare your income category

    When applying for the home loan, declare you want PMAY-CLSS. State your income category (EWS/LIG/MIG) and confirm no pucca house ownership.

  3. 3
    Bank submits claim to NHB/HUDCO

    The bank verifies eligibility and sends the subsidy claim to the National Housing Bank (NHB) or HUDCO.

  4. 4
    Subsidy credited to your loan account

    Once approved, the subsidy is credited directly to your home loan account, reducing the outstanding principal and your future EMIs.

Benefits of the Scheme

Common Mistakes to Avoid

Frequently Asked Questions

Q: I already took a home loan last year. Can I claim CLSS?
CLSS must be claimed at the time of taking the loan. Retrospective claims are generally not possible. Contact your bank to check your specific situation.
Q: My family income is ₹10 lakh/year. Which category?
You are MIG-I (₹6–12 lakh). Eligible for 4% interest subsidy on a loan up to ₹9 lakh, with maximum house carpet area of 160 sq. metres.
Ready to Apply?

Visit the official government website to start your application. It is free and takes only a few minutes to begin.

🌐 Apply on Official Website
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