PMAY CLSS Subsidy Calculator
Credit Linked Subsidy Scheme — Pradhan Mantri Awas Yojana (Urban)
Advanced: NPV discount rate (default 9%)
The government computes the upfront subsidy as the NPV of your EMI savings, discounted at this rate (NHB norm ≈ 9%). Edit to compare scenarios.
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Upfront subsidy credited to your loan
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EMI before subsidy
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EMI after subsidy
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Monthly EMI saving
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Total interest saved
Eligibility
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How the CLSS subsidy works
Under PMAY-Urban's Credit Linked Subsidy Scheme, the interest subsidy is not paid monthly — it is credited to your loan account upfront as a lump sum equal to the Net Present Value (NPV) of all your future EMI savings from the subsidised rate. Your outstanding principal drops immediately, and your EMI falls accordingly.
| Category | Household income | Interest subsidy | Max loan amount subsidised | Max carpet area |
|---|---|---|---|---|
| EWS | Up to ₹3 lakh | 6.5% | ₹6,00,000 | 30 sq.m |
| LIG | ₹3–6 lakh | 6.5% | ₹6,00,000 | 60 sq.m |
| MIG-I | ₹6–12 lakh | 4% | ₹9,00,000 | 120 sq.m* |
| MIG-II | ₹12–18 lakh | 3% | ₹12,00,000 | 150 sq.m* |
*Carpet area limits were enhanced for MIG categories in later notifications. Subsidy applies to tenure up to 20 years (or actual loan tenure if lower), on the subsidised portion only — if your loan exceeds the cap, only the capped portion gets the subsidy.
Who counts as a beneficiary household? A family comprising husband, wife and unmarried children. The household must not own a pucca house anywhere in India, and must not have availed central assistance under any housing scheme before.
Key rule — first pucca house: for EWS/LIG, ownership in the name of a female family member (or co-ownership) is required for new construction. The subsidy applies for purchase, construction, or extension/improvement of the first pucca house.
How is the subsidy credited? Your lender sends the claim to the nodal agency (NHB/HUDCO). The NPV subsidy is released to your loan account upfront — this reduces your principal on day one, which is why the EMI and interest savings compound over the full tenure.