{"id":491,"date":"2021-05-25T10:52:51","date_gmt":"2021-05-25T10:52:51","guid":{"rendered":"http:\/\/habitatcdp.microwarecomp.com\/?page_id=491"},"modified":"2021-07-16T08:57:09","modified_gmt":"2021-07-16T08:57:09","slug":"how-to-apply","status":"publish","type":"page","link":"https:\/\/cdp.habitatindia.net\/ml\/how-to-apply\/","title":{"rendered":"How to apply"},"content":{"rendered":"
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How to apply?<\/span><\/h1>\n
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The borrower can apply for the Housing Loans and CLSS subsidy through the PLIs\n(Prime Lending Institutions, banks etc.). This institutions\/banks perform due diligence and check the fulfilment of the eligibility\ncriteria for the scheme, then the required criteria are satisfied they submit the borrowers claim to Central Nodal Agency (CNA).\nThe CNA processes the claim and releases the subsidy amount through that institute\/bank. The institute\/bank adjust the same by\ncrediting to the borrower\u2019s Loan account resulting in reduced loan outstanding and the effective EMI.<\/p>\n\n<\/div>\n<\/div>\n

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Key features<\/h3>\n
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  • Interest subsidy of 6.50%* p.a. up to a loan amount of D6 lakh for 20 years or the actual term, whichever is lower, credited upfront<\/li>\n \t
  • Actual subsidy amount credited is as approved by the National Housing Bank (NHB)<\/li>\n \t
  • Family means husband\/wife\/unmarried children<\/li>\n \t
  • Applicable for customers who are purchasing\/constructing their first home. The beneficiary family should not own any other house in their name.<\/li>\n \t
  • The carpet area should not exceed 30 sq. mt. for EWS (annual household income up to Rs. 3 lakh PA), 60 sq. mt. for LIG\n(annual household income between Rs. 3 lakh to Rs. 6 lakh PA), 120 sq. mt. for MIG-I (annual household income between Rs. 6 lakh to Rs. 12 lakh PA),\nand 150 sq. mt. for MIG-II (annual household income between Rs. 12 lakh to Rs. 18 lakh PA)<\/li>\n \t
  • The construction\/extension must be completed within 36 months<\/li>\n \t
  • A woman has to be owner\/co-owner of the property<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"How to apply? The borrower can apply for the Housing Loans and CLSS subsidy through the PLIs (Prime Lending Institutions, banks etc.). This institutions\/banks perform due diligence and check the fulfilment of the eligibility criteria for the scheme, then the required criteria are satisfied they submit the borrowers claim to Central Nodal Agency (CNA). The […]","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-491","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/pages\/491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/comments?post=491"}],"version-history":[{"count":17,"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/pages\/491\/revisions"}],"predecessor-version":[{"id":3412,"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/pages\/491\/revisions\/3412"}],"wp:attachment":[{"href":"https:\/\/cdp.habitatindia.net\/ml\/wp-json\/wp\/v2\/media?parent=491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}