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Buy your dream home with cheap home loan interest rate , through Pradhan Mantri Awas Yojana

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Pradhan Mantri Awas Yojana really a good scheme, If you are looking to buy your dream home of your own, under the scheme Pradhan Mantri Awas Yojana arrange the amount for down payment as early as possible because few month left for you to apply for the scheme.The scheme only applicable if the buyer acquires a new house from the developer or the builder and even for buying a house from the secondary market. One may also apply for loan for the construction of the house.

On December 31, prime minister Narendra Modi announced an additional subsidy on home loan interest rates 3%-4% interest rate rebate for housing loans of up to Rs 9 lakh and `12 lakh(middle-income group), for economically weaker sections and lower income groups is Rs 6 lakh.Affordable homes could finally be within common people reach.

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