How to Check the Status of Pradhan Mantri Awas Yojana?

Pradhan Mantri Awas Yojana, or PMAY, is a Central Government initiative started in 2015. With an aim to provide “Housing for All” by 2022, already 48.02 lakh houses have been built since its introduction. As per PMAY(U)’s official website, almost 112.52 lakh houses are sanctioned till now.

Besides, the scheme’s subsidised interest rate on home loan, simple application process, etc. encourage aspiring homebuyers to enrol for it. Moreover, PMAY’s official website also allows both urban and rural beneficiaries to check their application status online.

Know the process to check the current status and also the PMAY to proffer maximum benefits.

Steps to check PMAY application status

Follow these steps mentioned below to check the status of PMAY application.

Step 1: Visit the official website of PM Awas Yojana.

Step 2: Open the taskbar and click on “Citizen Assessment”.

Step 3: Select “Track Your Assessment Status” from the dropdown menu.

Step 4: There are two ways to check your status — i) By Name, Father’s Name and Mobile number, and ii) By Assessment ID.

Step 5: For the first option, you have to enter your name, father’s name, state, district, etc. For the second option, you only have to enter Assessment ID and mobile number.

After entering the details mentioned above, you can check your current status. Typically, first-time homebuyers are eligible for PMAY.

Nonetheless, before applying, you also need to know other requisites for PMAY scheme to leverage the optimum benefits and reduce the loan liability.

PMAY eligibility criteria

Although servicing a home loan under the scheme is budget-friendly, individuals need to fulfil the eligibility criteria to qualify for this fund. Below-mentioned are some of the crucial pointers to follow —

• Individuals belong to the Lower Income Group (LIG), Middle Income Groups (MIG-I, MIG-II) and Economically Weaker Section (EWS).
• The family of beneficiary should not own a pucca house anywhere in the country.
• The beneficiary must have not availed of PMAY-CLSS before.
• As per Census 2011, all statutory towns, including union territories, are covered under this scheme.
• The ownership of the house should be in the name of the female head or jointly owned with a male head of family for LIG and EWS groups.
• The loan accounts under this scheme are linked mandatorily with Aadhaar.

Besides, individuals also need to know the documents required for Pradhan Mantri Awas Yojana for home loan. Only after the document submission, the applicants see their name on the PMAY list, published from time to time.

Selected HFCs provide a home loan under this PMAY scheme with competitive interest rate and other lucrative offers.

However, individuals who fail to meet the PMAY eligibility criteria can also opt for a traditional home loan from reputed financial institutions against lenient eligibility criteria.

These institutions also extend pre-approved offers that make the loan availing process straightforward and less time-consuming. Such offers are available on a flurry of credit products such as home loans and loans against property. Enter your name and contact number to check your pre-approved offer online.

Usually, both salaried and self-employed individuals need to fulfil the following easy-to-meet eligibility to finance their property purchase.

• Indian citizen residing in the country.
• Age should range between 23 to 70 years.
• CIBIL score of 750 and above.
• A minimum work experience of 3 years and a business vintage of 5 years.
• Lender-specific income criteria.

The paperwork is also comprehensive and quick. Here’s the documents checklist.

• Identity proof
• Address proof
• Salary slips or Form 16
• ITR documents
• Recent bank account statements
• Property documents

Therefore, aspiring homebuyers can now maximise the benefits of availing a home loan with PMAY. It will help them to take possession of affordable housing without financial burden. Check the application status online to stay informed about the loan processing.

Read Also: How one can Own Their Dream House with PMAY