Your Income Group = Eligibility chances, Let’s quickly understand –
kabeer murugkar • June 13, 2025
- EWS (Economically weaker section) – Upto ₹3,00,000
Higher chance of qualification
- As the Loan amount and property value would usually fit within PMAY 2.0 eligibility criteria.
- Lower risk of early loan closure – more likely to avail the full 5 instalments of the scheme (₹36,000/year)
- LIG (Low Income group) – ₹3,00,000 – ₹6,00,000
High chance of qualifying
- Access larger properties in value yet keep the loan amount and property value within scheme limits.
- Similar to EWS, low risk of early loan closure hence retaining the complete subsidy benefit.
- MIG (Middle Income Group) – ₹6,00,000 – ₹9,00,000
Average chance of qualification depending on how they abide through the eligibility criteria.
- Many MIG buyers make go for Homes that are above the property value limit of ₹35,00,000.
- They can take higher loans but the subsidy benefit is calculated only the first ₹8,00,000 of the loan
- Higher risk of retaining subsidy benefit as they might do early loan closure, if they do higher prepayments within the first 5 years.
When eligible across all criteria, they too would avail the same benefit as EWS and LIG of ₹1,80,000.
For more information, visit our PMAY 2.0 page and subsidy calculator.
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