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CLSS Credit Linked Subsidy 2026 — ₹2.67 Lakh Interest Subsidy on Home Loan | PMAY-Urban

📍 All India, All IndiaLast updated:
💰 Benefit
Up to ₹2.67 lakh upfront interest subsidy on PMAY home loans for EWS/LIG/MIG families

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Key Facts

Price Range
Loan amounts ₹6 lakh – ₹12 lakh eligible for subsidy
Flat / Plot Types
Any home loan eligible under PMAY criteria
🚀 Apply CLSS via Bank
https://pmaymis.gov.in

About CLSS Credit Linked Subsidy

Credit Linked Subsidy Scheme (CLSS) is one of PMAY-Urban's most popular components — providing interest subsidy of up to ₹2.67 lakh (NPV) on home loans for EWS-LIG-MIG families. Subsidy rates: EWS/LIG (income ≤ ₹6 lakh): 6.5% subsidy on loan up to ₹6 lakh for 20 years. MIG-I (₹6-12 lakh income): 4% subsidy on loan up to ₹9 lakh. MIG-II (₹12-18 lakh income): 3% subsidy on loan up to ₹12 lakh. Subsidy is paid upfront as lump sum to reduce EMI burden.

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✅ Eligibility for CLSS Credit Linked Subsidy

  • ✓EWS/LIG (income ≤ ₹6 lakh) or MIG-I (₹6-12 lakh) or MIG-II (₹12-18 lakh)
  • ✓No pucca house owned in India by family
  • ✓First-time home buyer (with limited exceptions for self-construction)
  • ✓Female ownership/co-ownership mandatory for new home purchase under EWS/LIG
  • ✓Indian citizen, Aadhaar mandatory

📄 Documents Required for CLSS Credit Linked Subsidy

  • 📄Aadhaar Card
  • 📄PAN Card
  • 📄Income proof (salary slip/ITR)
  • 📄Bank statements
  • 📄Property documents
  • 📄Loan sanction letter from approved bank

📝 How to Apply for CLSS Credit Linked Subsidy (Step-by-Step)

  1. 1Approach any PMAY-approved bank (SBI, HDFC, LIC, ICICI, BoB, etc.)
  2. 2Apply for home loan with PMAY CLSS option
  3. 3Submit Aadhaar, income proof, property documents
  4. 4Bank applies for CLSS subsidy through Central Nodal Agency (NHB/HUDCO)
  5. 5After approval, subsidy is credited directly to your loan account
  6. 6EMI reduces accordingly

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🏦 Home Loan Partners for CLSS Credit Linked Subsidy

Get pre-approved home loan before applying — banks offer competitive rates for Central Housing flats due to clear title.

Disclosure: The bank links below are direct official URLs to each bank's home loan page. We do not currently earn any commission. We list these solely to help users compare options. Always read loan terms carefully before applying.

SBIHDFCLIC HousingICICIBank of BarodaPunjab National BankBajaj Housing
💡 Tip: Compare interest rates and processing fees from 2-3 banks. Home loan eligibility = 50-60% of net monthly income for EMI.

❓ Frequently Asked Questions — CLSS Credit Linked Subsidy

▶What is PMAY CLSS subsidy amount in 2026?
EWS/LIG (income ≤ ₹6 lakh): 6.5% interest subsidy on loan amount up to ₹6 lakh = ₹2.67 lakh upfront subsidy. MIG-I (₹6-12 lakh): 4% subsidy on loan up to ₹9 lakh = ₹2.35 lakh. MIG-II (₹12-18 lakh): 3% subsidy on loan up to ₹12 lakh = ₹2.30 lakh. Subsidy is paid as one-time upfront credit to your loan account.
▶Is CLSS available for all home loans?
No — CLSS is for: (1) FIRST home purchase (EWS-LIG); (2) Home construction on owned land; (3) Home extension/expansion (EWS-LIG only). Excludes: second homes, investment properties, plot-only purchases without construction plan. Must be a self-occupied property.
▶How to apply for CLSS?
Approach any PMAY-approved bank for home loan with CLSS option. Submit Aadhaar (mandatory), income proof, property documents, loan application. Bank determines eligibility and submits CLSS claim to Central Nodal Agency (NHB or HUDCO). Subsidy is credited to loan account within 2-3 months.
▶Is CLSS still available in 2026?
MIG (Middle Income Group) CLSS expired in March 2022 — no new MIG CLSS applications accepted. EWS/LIG CLSS continues. Check pmaymis.gov.in for current status. For MIG buyers in 2026, look at PMAY-Urban 2.0 scheme which has different subsidy components.
▶Why is female co-ownership mandatory for CLSS?
PMAY emphasizes women's property ownership for EWS-LIG categories. Under CLSS, the property must be in the name of OR co-owned by a female member of the family. This drove a major increase in women's property ownership in India. Single male EWS/LIG applicants are allowed in limited cases (widowed/unmarried).

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Related Central Housing Schemes

AHP Affordable Housing Partnership

₹1.5 lakh central subsidy per EWS unit + state contribution = significantly subsidised EWS-category flats in urban India

BLC Beneficiary-Led Construction

₹1.5 lakh central + state contribution (₹2.5-4 lakh total) for EWS family to construct/enhance own pucca house

HUDCO Home Loans

HUDCO home loans up to ₹50 lakh + PMAY CLSS processing + concessional rates for government housing board flats

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