But since June 25, 2015, when the Government of India launched Pradhan Mantri Yojana (PMAY), a lot of customers have this question in mind – Can they Apply for PMAY after Home Loan Balance Transfer Facility? The answer to this question is: Yes, an individual can apply for PMAY even after availing the Home Loan Balance Transfer Facility. But the first and foremost condition to apply for PMAY is an individual must have taken this Home Loan after …11/11/2020 · Can I Apply for PMAY After Loan Disbursement? Yes, you can apply for PMAY after the loan is disbursed. But you may need to do it very quickly else you might lose out on having PMAY …10/31/2020 · Salient Features of PMAY. The scheme allows a subsidized interest rate of for the tenure of 15 years or during the tenure of the loan, whichever is lower. This rate is offered for a loan amount of up to 6 Lakhs for all the eligible people. Beyond the cap of 6 Lakhs, a non-subsidized interest rate will be applicable for the additional , you can apply for PMAY after the loan is disbursed. But you may need to do it very quickly else you might lose out on having PMAY benefits. Check with the bank or any other lending institution as to how later you can apply for PMAY after the loan ;· The existing lender might offer you a better interest rate option. Now a question that arises here is that is home loan balance transfer eligible for PMAY subsidy. Since PMAY already offers a low-interest rate, many borrowers opt for a home loan balance transfer to enjoy a rate, which is lower than the current rate. In the given situation, any loan availed after June 17, 2015, will be eligible for a home loan balance transfer …Is Home Loan Balance Transfer Eligible for PMAY Subsidy? – Home Lo…Can we apply to Pradhan Mantri Awas Yojana after a loan disbursemen…All about PMAY: How does it work, eligibility and subsidy availableAll about PMAY: How does it work, eligibility and subsidy available
Tags: