Home Loans
“₹35 Lakh Home Loan EMI: Bank-wise EMI for 5–30 Years”
Read articleHome Loan Subsidy Calculator
Check whether you qualify for a government home loan interest subsidy — and if you don't, see exactly which condition you failed.
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Now that you know your subsidy eligibility, the next step is finding the right lender — a subsidy is credited upfront, but your ongoing EMI still depends on the rate you get.
Ambak compares real home loan offers from 80+ banks and NBFCs in real time, so you don't have to visit each lender separately or negotiate on your own.
Many lenders process PMAY-linked subsidy claims as part of your loan application — choosing the right one can make the difference between a smooth credit and a delayed one. Compare your options below.
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Frequently Asked Questions
Common questions about the PMAY-U interest subsidy and how this calculator works.
What government subsidy does this calculator check?
It models PMAY-U 2.0's Interest Subsidy Scheme structure — income slabs, area caps, and subsidy rates are illustrative and modelled on the shape of the erstwhile CLSS scheme. Always confirm current parameters against the official notification before relying on this for a real application.
Why did I fail eligibility on only some conditions?
We run all 6 eligibility checks independently and show you exactly which passed and which failed, with a plain-language reason for each failure — never just a bare "Not Eligible."
My loan amount is much higher than the subsidy's loan cap — do I still qualify?
Yes — the loan cap only limits how much of your loan the subsidy is calculated on, not your overall eligibility. You'll still qualify and receive a subsidy calculated on the first ₹X of your loan.
How is the subsidy amount paid out?
It's modelled as an upfront credit to your loan account that reduces your principal — not a recurring monthly reduction you receive directly. It's applied once, at disbursal.
