Mortgage News

HDFC disburses Rs 2,300 crore as subsidy under PMAY

Mumbai, May 29, 2019: HDFC Ltd, India’s premier housing finance company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the pradhan mantri awas yojana (pmay) Credit Linked Subsidy Scheme (CLSS). This is the flagship housing scheme of the government.

The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG), HDFC said.

HDFC had launched new mobile banking app on November 27. (File Photo) HDFC Bank launched its new mobile app on November 27, however, the ‘next-gen’ app was taken down within days after several.

Mumbai: HDFC has disbursed subsidy amounting to over Rs 2,300 crore to over 1 lakh families under the Pradhan Mantri Awas Yojana (PMAY) credit-linked subsidy scheme (clss). The company had cleared.

[India], May 29 (ANI): HDFC Ltd said on Wednesday it has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1.04 lakh families under the Pradhan Mantri Awas Yojana (PMAY) credit

HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC during the quarter ended September 30, 2018 approved 37 per cent of home loans in volume terms and 18 per cent in value terms to customers from the EWS and LIG segment, the housing finance firm said in a statement.

HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme, to these customers belonging to EWS Economically Weaker Section.

The country’s largest mortgage lender HDFC Ltd Wednesday said it has disbursed subsidy of more than Rs 2,300 crore under the government’s flagship housing scheme PMAY, benefiting over one lakh.

Till date, under the CLSS component of the PMAY(U), credit linked subsidy to the tune of Rs 14,482 crore has been disbursed in their home loan accounts of 6.43 lakh beneficiaries, the minister said.

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HDFC says it has disbursed subsidy amounting to over 2,300 crore benefitting over 1,04,000 families under Pradhan Mantri Awas Yojana credit linked subsidy scheme.The schemes for MIG are valid.

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According to the application, Vadra is scheduled to go to London, US, Netherlands and Dubai. Vadra, facing investigation in a case under the Prevention of Money laundering act (pmla), was directed on.