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Credit Link Subsidy Scheme (CLSS) for EWS/LIG under Pradhan Mantri Awas Yojana (PMAY)



  • Purchase/ construction/extension/repairs and renovation.


  • Areas covered: All statutory towns as per census 2011 and Towns notified subsequently
  • Interest Subsidy:
    • Credit link subsidy is available for loan amount up to Rs. 6, 00,000/- only.
    • Interest subsidy is available at the rate of 6.50% for a tenure of 20 years. The maximum interest subsidy is Rs. 2.67 lac.
  • Woman ownership is mandatory for new acquisition.
  • The carpet area of the houses :
    • For construction /new acquisition: No restriction on the area, but interest subvention would be limited to the first Rs. 6 lac only.
    • For repair and renovation:
      • Up to 30 sqm. for EWS.
      • 60 sqm. for LIG.
  • Annual household income:
    • EWS – up to Rs. 3 lac.
    • LIG - between Rs. 3-6 lac.





  • Mortgage of the property being financed.
  • Collateral: on case-to-case basis, if required.

Rate of interest (ROI)

Prevailing card rate with Interest subsidy at the rate of 6.50% for the initial amount of Rs. 6 lac only.


Maximum repayment term - Up to 30 years but interest subsidy will be available only for the initial 20 years of the loan.

Other conditions

  • The beneficiary family will comprise husband, wife, unmarried son and/or unmarried daughter. The beneficiary family also includes an adult earning members irrespective of marital status. Such beneficiary should not own a pucca house either in his / her name or in the name of any member of his / her family in any part of India to receive central assistance under the Mission.
  • Preference under the scheme, subject to beneficiaries being from EWS/LIG segment, should be given to Manual scavengers, Women (with overriding preference for widows), persons belonging to SC/ST/OBC, Minorities, persons with disabilities and Transgender.
  • Repairing work can be undertaken in houses, which are kutcha, semi pucca and require extensive renovation.

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