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Home / Finance / Home Loan / How to Check Home Loan Subsidy Status?
Q.

How to Check Home Loan Subsidy Status?

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Generic Home Loan
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0 2024-10-18T07:22:52+00:00

In India, those who have taken out a home loan may qualify for a subsidy through the Credit Linked Subsidy Scheme (CLSS). The goal of this subsidy is to lower housing costs for people from the economically weaker segments of society. If you have applied for this subsidy, then it’s important to check the status of your application. Follow these steps to know how to check home loan subsidy status online:

  • Go to the official PMAY portal.

  • After logging into your account, click on the "Citizen Assessment" dropdown. In this section, you will find "

    Track Your Assessment Status

    ". Click on it. This allows you to check the status of your subsidy application.

  • You can track your status either by entering your "Assessment ID" or by selecting your "Name, Father's Name & Mobile Number" for validation.

  • To find out the current status of your subsidy application, enter your "Assessment ID," if you have one, along with additional information. You can also check the status by entering your personal information, such as your name, father's name, and registered mobile number, if you do not have the Assessment ID.

  • The website will show the progress of your PMAY home loan subsidy application as soon as you submit the form. You can check if the subsidy has been paid out or if your application is still being reviewed and accepted.

I hope this answers your questions, how to check my home loan subsidy

status

.

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1 2021-09-07T14:53:24+00:00
A specialized housing scheme which aims to provide housing for all by 2022, PMAY is a great opportunity for people from all income groups to own a house. The best part about the scheme is that there is a subsidy component attached to it which can be availed by the people of lower income groups. If you have applied for a PMAY subsidy then you must know how to check home loan subsidy status. I am going to explain in detail how to check PM subsidy status of home loan. How to check subsidy status of home loan? To check home loan subsidy status, you will need your PMAY application ID. The PMAY subsidy status is updated on the official website of CLAP (CLSS Awas Portal). Here are the steps on how to check home loan subsidy status:
  1. Visit the official website of CLSS Awas Portal or click on https://pmayuclap.gov.in/
  2. Here you will find the option to enter your application Id.
  3. After entering the application Id, an OTP will be sent on your registered mobile number.
  4. Once logged in you will find the option to check your CLSS or subsidy application status.
What is the process of Subsidy Grant in PMAY? When you apply for a PMAY subsidy you get an application ID. After the generation of application id, the due diligence is conducted by PLI and the claim is uploaded on Central Nodal Agency Portal. Once the claim is approved, subsidy is released and dispersed into the loan account of the applicant. This is all I know about how to check subsidy status of home loan. I hope it clear to you now. Here is a guide for you to check how to apply for home loan subsidy Need home loan? You can check out your eligibility criteria without any hassle: [widget_homeLoan_checkEligibility_form] To calculate your EMI fill up the details below: [widget_emi_calci]
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