# Government Scheme Matcher — 17+ Central Indian Schemes

Central government interest subsidies and credit guarantee schemes for Indian borrowers.

### PMAY-U 2.0 Interest Subsidy Scheme — EWS (PMAY-U 2.0 (EWS))
- **Ministry**: Ministry of Housing & Urban Affairs
- **Benefit**: Under PMAY-U 2.0's Interest Subsidy Scheme, EWS households (annual income up to ₹3 lakh) get a 4% interest subsidy on the first ₹8 lakh of a home loan of up to ₹25 lakh, for a house worth up to ₹35 lakh.
- **Subsidy/Coverage**: Up to ₹1.80 lakh, released in 5 equal yearly instalments (NPV capped at ₹1.50 lakh at an 8.5% discount rate)
- **Official Portal**: [PMAY-U 2.0 — Interest Subsidy Scheme (pmaymis.gov.in)](https://pmaymis.gov.in/pmaymis2_2024/interest-subsidy-scheme-ISS.html)

### PMAY-U 2.0 Interest Subsidy Scheme — LIG (PMAY-U 2.0 (LIG))
- **Ministry**: Ministry of Housing & Urban Affairs
- **Benefit**: Under PMAY-U 2.0's Interest Subsidy Scheme, LIG households (annual income up to ₹6 lakh) get a 4% interest subsidy on the first ₹8 lakh of a home loan of up to ₹25 lakh, for a house worth up to ₹35 lakh.
- **Subsidy/Coverage**: Up to ₹1.80 lakh, released in 5 equal yearly instalments (NPV capped at ₹1.50 lakh at an 8.5% discount rate)
- **Official Portal**: [PMAY-U 2.0 — Interest Subsidy Scheme (pmaymis.gov.in)](https://pmaymis.gov.in/pmaymis2_2024/interest-subsidy-scheme-ISS.html)

### PMAY-U 2.0 Interest Subsidy Scheme — MIG (PMAY-U 2.0 (MIG))
- **Ministry**: Ministry of Housing & Urban Affairs
- **Benefit**: Under PMAY-U 2.0's Interest Subsidy Scheme, MIG households (annual income up to ₹9 lakh) get a 4% interest subsidy on the first ₹8 lakh of a home loan of up to ₹25 lakh, for a house worth up to ₹35 lakh.
- **Subsidy/Coverage**: Up to ₹1.80 lakh, released in 5 equal yearly instalments (NPV capped at ₹1.50 lakh at an 8.5% discount rate)
- **Official Portal**: [PMAY-U 2.0 — Interest Subsidy Scheme (pmaymis.gov.in)](https://pmaymis.gov.in/pmaymis2_2024/interest-subsidy-scheme-ISS.html)

### PMAY-U CLSS MIG-II (Closed March 2021, no successor) (PMAY-U CLSS MIG-II)
- **Ministry**: Ministry of Housing & Urban Affairs
- **Benefit**: 3% interest subsidy on home loans up to ₹12 lakh for households with annual income ₹12–18 lakh. This segment ended March 31, 2021.
- **Subsidy/Coverage**: Was up to ₹2,30,156 (NPV)
- **Official Portal**: [PMAY 2.0 Urban Portal](https://pmay-urban.gov.in)

### Pradhan Mantri Awas Yojana – Gramin (PMAY-G) (PMAY-G)
- **Ministry**: Ministry of Rural Development
- **Benefit**: Direct financial assistance of ₹1.20 lakh (plains) or ₹1.30 lakh (hilly/NE states) for rural households to build or upgrade a permanent house.
- **Subsidy/Coverage**: ₹1.20 lakh – ₹1.30 lakh direct grant
- **Official Portal**: [PMAY-G Portal (pmayg.nic.in)](https://pmayg.nic.in)

### PMMY MUDRA Loan – Shishu (MUDRA Shishu)
- **Ministry**: Ministry of Finance (MUDRA)
- **Benefit**: Collateral-free business loans up to ₹50,000 for micro-entrepreneurs starting or expanding a small business.
- **Subsidy/Coverage**: As per scheme criteria
- **Official Portal**: [MUDRA (mudra.org.in)](https://www.mudra.org.in)

### PMMY MUDRA Loan – Kishore (MUDRA Kishore)
- **Ministry**: Ministry of Finance (MUDRA)
- **Benefit**: Collateral-free business loans from ₹50,001 to ₹5 lakh for established micro-enterprises seeking to scale up.
- **Subsidy/Coverage**: As per scheme criteria
- **Official Portal**: [MUDRA (mudra.org.in)](https://www.mudra.org.in)

### PMMY MUDRA Loan – Tarun (MUDRA Tarun)
- **Ministry**: Ministry of Finance (MUDRA)
- **Benefit**: Business loans from ₹5 lakh to ₹10 lakh for well-established small businesses requiring growth capital.
- **Subsidy/Coverage**: As per scheme criteria
- **Official Portal**: [MUDRA (mudra.org.in)](https://www.mudra.org.in)

### PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) (PM SVANidhi)
- **Ministry**: Ministry of Housing & Urban Affairs
- **Benefit**: Working capital loans of ₹10,000 (initial), scaling to ₹20,000 and ₹50,000 on timely repayment, with 7% interest subsidy — for urban street vendors.
- **Subsidy/Coverage**: 7% interest subsidy + up to ₹50,000 loan
- **Official Portal**: [PM SVANidhi Portal](https://pmsvanidhi.mohua.gov.in)

### PM-Vidyalaxmi (PM-Vidyalaxmi)
- **Ministry**: Ministry of Education
- **Benefit**: Collateral-free, guarantor-free education loans at 1,425 Quality Higher Educational Institutions, with a 75% government credit guarantee on the first ₹7.5 lakh and interest subvention during the moratorium. Interest is capped at the bank's EBLR + 0.5%.
- **Subsidy/Coverage**: 3% interest subvention (family income up to ₹8 lakh) or 100% via PM-USP CSIS (up to ₹4.5 lakh)
- **Official Portal**: [PM-Vidyalaxmi Portal (pmvidyalaxmi.co.in)](https://www.pmvidyalaxmi.co.in/)

### Central Sector Interest Subsidy Scheme (CSIS) (CSIS)
- **Ministry**: Ministry of Education
- **Benefit**: Full interest subsidy during the moratorium period (course duration + 1 year) on education loans up to ₹10 lakh for students from families with annual income up to ₹4.5 lakh. Now delivered as PM-USP CSIS through the PM-Vidyalaxmi portal.
- **Subsidy/Coverage**: 100% interest covered during moratorium
- **Official Portal**: [PM-Vidyalaxmi Portal (pmvidyalaxmi.co.in)](https://www.pmvidyalaxmi.co.in/)

### Credit Guarantee Fund Scheme for Education Loans (CGFSEL) (CGFSEL)
- **Ministry**: Ministry of Education / National Credit Guarantee Trustee Company
- **Benefit**: Government credit guarantee of 75% on education loans up to ₹7.5 lakh — lets banks lend collateral-free and guarantor-free to eligible students. Administered by NCGTC and now the guarantee backbone of PM-Vidyalaxmi.
- **Subsidy/Coverage**: 75% guarantee cover on loans up to ₹7.5 lakh
- **Official Portal**: [NCGTC — Credit Guarantee Fund Scheme for Education Loans](https://www.ncgtc.in/en/product-details/CGFEL/Credit-Guarantee-Fund-Scheme-for-Education-Loans-(CGFEL))

### Dr. Ambedkar Central Sector Scheme of Interest Subsidy (Dr. Ambedkar Scheme)
- **Ministry**: Ministry of Social Justice & Empowerment
- **Benefit**: Full interest subsidy during moratorium on overseas education loans for OBC and EBC students with family income up to ₹8 lakh pursuing master's or PhD programmes abroad.
- **Subsidy/Coverage**: 100% interest covered during moratorium
- **Official Portal**: [Ministry of Social Justice (socialjustice.gov.in)](https://socialjustice.gov.in)

### Padho Pardesh – Overseas Scholarship Scheme (Discontinued) (Padho Pardesh)
- **Ministry**: Ministry of Minority Affairs
- **Benefit**: ⚠ Discontinued for new applicants from 2022-23. This scheme previously offered interest subsidy during moratorium on overseas education loans for students from notified minority communities (Muslim, Sikh, Christian, Buddhist, Jain, Zoroastrian) with family income up to ₹6 lakh. Existing beneficiaries continue to receive funds, but new applicants in 2026 will not qualify.
- **Subsidy/Coverage**: 100% interest covered during moratorium (no longer available to new applicants)
- **Official Portal**: [Ministry of Minority Affairs](https://www.minorityaffairs.gov.in)

### SBI Scholar Loan Scheme (SBI Scholar Loan)
- **Ministry**: State Bank of India (Public Sector)
- **Benefit**: Education loans up to ₹40 lakh without collateral for students admitted to premium institutes (IITs, IIMs, NITs, AIIMS, NLUs and 130+ listed institutions). No processing fee, lower interest rates.
- **Subsidy/Coverage**: As per scheme criteria
- **Official Portal**: [SBI Scholar Loan – SBI official site](https://sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/education-loan-scheme)

### Karnataka Rajiv Gandhi Rural Housing Corporation Scheme (Karnataka RGRHCL)
- **Ministry**: Karnataka Rajiv Gandhi Rural Housing Corporation (State)
- **Benefit**: Subsidised housing assistance for BPL rural families in Karnataka to construct permanent homes. Grant amount varies by location and beneficiary category.
- **Subsidy/Coverage**: Up to ₹1.50 lakh (varies by category)
- **Official Portal**: [Ashraya Karnataka (ashraya.karnataka.gov.in)](https://ashraya.karnataka.gov.in)

### MHADA Lottery Housing Scheme (Maharashtra) (MHADA Lottery)
- **Ministry**: Maharashtra Housing and Area Development Authority (State)
- **Benefit**: Below-market-rate housing flats allocated through lottery to EWS, LIG, MIG, and HIG income groups across Maharashtra cities.
- **Subsidy/Coverage**: 20–40% below market price
- **Official Portal**: [MHADA (mhada.gov.in)](https://mhada.gov.in)

### Tamil Nadu Housing Board (TNHB) Scheme (TNHB Scheme)
- **Ministry**: Tamil Nadu Housing Board (State)
- **Benefit**: Government-developed housing plots and flats offered at competitive prices to EWS, LIG and MIG households across Tamil Nadu cities and towns.
- **Subsidy/Coverage**: Below market rate pricing
- **Official Portal**: [TNHB (tnhb.gov.in)](https://www.tnhb.gov.in)

### UP Awas Vikas Parishad Housing Scheme (UP Awas Vikas)
- **Ministry**: Uttar Pradesh Awas Vikas Parishad (State)
- **Benefit**: Subsidised residential plots and flats across 50+ Uttar Pradesh cities, with priority allotment for EWS and LIG categories.
- **Subsidy/Coverage**: Below market rate (varies by scheme and city)
- **Official Portal**: [UP Awas Vikas (upavas.org)](https://www.upavas.org)