EPFO Housing Scheme – 10 Lakh Homes in Next 2 Years

EPFO Housing Scheme
April 30, 2017 | Last Modified: April 30, 2017 at 2:02 pm | Category: Central Government, Pradhan Mantri Yojana

The Empoyees’ Provident Fund Organisation (EPFO) has announced its own housing scheme for EPFO subscribers. EPFO has partnered with the urban development ministry for construction of 10 Lakh homes in next 2 years. The EPFO housing scheme will give a fillip to the ambitious housing scheme Pradhan Mantri Awas Yojana launched by PM Narendra Modi to provide housing for all by 2022.

EPFO Housing Scheme

EPFO with the help of urban development ministry would build 10 Lakh homes in next two years. Under the group insurance housing scheme, EPFO subscribers would be given homes in phased manner. EPFO would also hold talks with with the urban development ministry for providing subsidy to EWS Subscribers under the CLSS components of PMAY.

In EPFO, MIG (Middle Income Group) and LIG (Low Income Group) subscribers would also be provided interest subsidy as per the Credit Linked Subsidy Scheme of central government. MIG subscribers would be able to avail an interest subsidy of 3% for a loan amount of up to Rs. 18 Lakh while 4% subsidy would be given on loan amount between Rs. 6 lakh to 12 Lakh.

The central government recently introduced Middle Income Group to the credit linked subsidy scheme of PMAY and announced CLSS for MIG and CLSS for EWS/LIG for providing interest subsidy on home loans.

Pradhan Mantri Awas Yojana aims to provide housing for all by the year 2022 and is providing financial benefits to beneficiaries of the scheme through several components. The government has so far sanctioned the construction of over 18.75 Lakh homes under PMAY.

The beneficiaries selection under PMAY is being done on the basis of SECC-2011 data and demand survey’s being conducted by the Ministry of Housing and Urban Poverty Alleviation and several state governments through urban local bodies.

18 comments on “EPFO Housing Scheme – 10 Lakh Homes in Next 2 Years

  1. Shimpi Gajanan shankar says:

    I am a maharashtra state govt. employee (Jr. Clerk). I am not have own home . I have no land. I want loan for totally home. Please give me proper guidance.

  2. P Rajesh rao says:

    I applied 3 months ago but no response sir I need home loan so many yojna are available plz do needful

  3. kishor Kamble says:

    Sir aapki gareb Ke home milneki yojnaa bahut achi hay par booking amount @ go tax also rajisteshan fise bohot Jada hay 1 aam aadme 1 lk kahase bharega

  4. Rupom Borah says:

    sir I want a loan…please reply me

  5. Rupom Borah says:

    I want a house loan very urgently.please contact me sir/mam…loan amount-10lakh..

  6. rajender says:

    Sir i many need 2room set. I have no house. I pay 29 year in rent. Today my rent 6 thousand my short family.

  7. dongre dhanraj vitthal says:

    Sir Modiji Maine apna march 1 mai flat kiya hai loan Lic Hfl kiya lekin yen yojana fayda muje nahi mila to kya karna padega

  8. Kewal Krishan says:

    Kewal KrishanS/o Mukhtiar Singh VPO Badoh teh Ghanari District Una ( HP) pin no 177201
    Sir
    Sir mein ek normal parivar se hun mein apni kamai se surf apne parivar ka kharch chalana muskil he in
    is liye apse navadan he in ki mere parivar aur mere ko rahne ke liye Abaas banane mein madad Kare
    Mein apaka sada abhari rahunga

  9. Kewal Krishan says:

    Kewal Krishna S/o Mukhtiar Singh VPO Badoh teh Ghanari District Una ( HP) pin no 177201
    Sir
    Sir mein ek normal parivar se hun mein apni kamai se surf apne parivar ka kharch chalana muskil he in
    is liye apse navadan he in ki mere parivar aur mere ko rahne ke liye Abaas banane mein madad Kare
    Mein apaka sada abhari rahunga

  10. gautam bhagwan somwanshi says:

    modiji main pune kalevadie 9 years se rent se rahta hu aur rent bahut jyada hai to muje aapna khud ka ghar chahiye please modiji please give me 1 flat 9527077426

  11. Nitai Biswas says:

    Helo sir I request help hume loan phn 9577910712 state assam guwahati pin 781150

  12. Rohim sk says:

    Rhim sk
    Serpir

  13. santosh gupta says:

    awas yojana
    thanks

  14. Rupom Borah says:

    hello modi sir ji help for me…

  15. Rupom Borah says:

    mananiya modi sir mughe aapki taraf se kush anudan dijie..nahito ek sota sa koi bhi contract dijie….jo bhi milega mee pura karke kush income karunga…kindly request..ph no-07086366330.

  16. chandrakishor kumar says:

    thanks

  17. arvind kumar says:

    Dear sir please help him mini family bt room is very important apna ghar

  18. Rupom Borah says:

    Mananiya Narendra Modi ji, me bohut hi poor family me belong karti huu..mughe aap mera ek khud ka ghar banane ke kia aap mughe aap thora sa help kar dijiaga to aapka bohot kripa hoga mughpe….please sir help me …

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