Find your benefits
Government Loan Scheme Eligibility Checker
Answer 5 quick questions and see which central and state government subsidy schemes you may be eligible for — sourced from official portals.
- Check eligibility for PMAY, MUDRA, CSIS, PM SVANidhi, the Dr. Ambedkar Scheme, and more — no registration required.
- See the real interest benefit each subsidy provides — how much it reduces your effective rate and total loan cost.
- Get a direct link to the official government application portal for each scheme you qualify for.
Step 1 of 5
20%
What is this loan for?
PMAY — Pradhan Mantri Awas Yojana (Credit Linked Subsidy Scheme)
PMAY-CLSS provides an upfront interest subsidy credited directly to your home loan account, reducing your principal and lowering your effective EMI. The scheme is available to first-time homebuyers across four income categories.
| Category | Annual Income | Subsidy Rate | Max Eligible Loan | Max Subsidy |
|---|---|---|---|---|
| EWS | Up to ₹3 lakh/year | 6.5% | ₹6 lakh | ₹2.67 lakh |
| LIG | ₹3 – ₹6 lakh/year | 6.5% | ₹6 lakh | ₹2.67 lakh |
| MIG-I | ₹6 – ₹12 lakh/year | 4% | ₹9 lakh | ₹2.35 lakh |
| MIG-II | ₹12 – ₹18 lakh/year | 3% | ₹12 lakh | ₹2.30 lakh |
Key eligibility conditions
- Beneficiary family must not own a pucca house anywhere in India
- No previous PMAY benefit from any central government scheme
- Property carpet area must be within scheme limits (30–120 sq m depending on category)
- Home loan must be taken from a scheduled commercial bank, HFC, RRB, or cooperative bank
How the subsidy works
The subsidy is calculated on a Net Present Value (NPV) basis at a 9% discount rate and credited upfront to your loan account by the bank after receiving funds from NHB or HUDCO. This lump-sum credit reduces your outstanding principal, which in turn reduces your EMI for the remaining tenure.
MUDRA Loan — Pradhan Mantri Mudra Yojana (PMMY)
MUDRA loans provide collateral-free working capital and term loans to non-farm micro and small enterprises. There is no application fee, and loans are available through banks, NBFCs, MFIs, and Small Finance Banks.
Shishu
Up to ₹50,000
Businesses in early stages, small vendors, artisans
Kishore
₹50,000 – ₹5 lakh
Established micro businesses seeking growth capital
Tarun
₹5 lakh – ₹10 lakh
Growing micro enterprises needing expansion finance
Who can apply for a MUDRA loan?
MUDRA loans do not require collateral for amounts up to ₹10 lakh. Repayment tenure is typically 3–5 years. Interest rates are set by individual lenders but are generally 8–12% for loans under the Shishu and Kishore categories.
CSIS — Central Sector Interest Subsidy Scheme for Education Loans
CSIS provides full interest subsidy on education loans during the moratorium period (course duration + 1 year) for students from economically weaker sections pursuing approved technical and professional courses.
Eligibility criteria
- Annual parental income up to ₹4.5 lakh
- Enrolled in a technical or professional course (B.Tech, MBBS, MBA, etc.)
- Studying at an accredited institution (NAAC/NBA approved)
- Loan taken from a scheduled commercial bank or SFB
- Benefit available only once — not applicable on second education loans
What the subsidy covers
The government pays the full interest that accrues on the education loan during the moratorium period directly to the bank. This means eligible students do not face capitalised interest — their principal at repayment start equals the amount originally disbursed.
On a ₹10 lakh loan at 10% over a 4-year course plus 1-year grace period, the interest subsidy is approximately ₹4.5–5 lakh — a material benefit for EWS students.
Other Government Schemes in This Checker
PM SVANidhi
Street vendors
Collateral-free working capital loans starting at ₹10,000, with interest subsidy on timely repayment. Eligible vendors who repay on time can access up to ₹50,000 in subsequent cycles.
Dr. Ambedkar Scheme
OBC / EBC students abroad
Interest subsidy on education loans for OBC and EBC students pursuing masters or PhD programmes at overseas universities. Loan must be from a scheduled commercial bank; income limit ₹8 lakh/year.
Stand Up India
SC/ST and women entrepreneurs
Loans between ₹10 lakh and ₹1 crore for setting up greenfield enterprises in manufacturing, services, or trading. At least one SC/ST and one woman borrower must be supported per bank branch.
Padho Pardesh
Minority students abroad
Interest subsidy during moratorium for students from minority communities (Muslim, Christian, Sikh, Buddhist, Zoroastrian, Jain) pursuing masters or higher programmes overseas. Income limit ₹6 lakh/year.
How the Eligibility Checker Works
01
Answer 5 questions
You are asked about your loan purpose, employment type, annual household income, location, and property or category type. No personal data is collected or stored.
02
Eligibility is matched instantly
Your answers are matched against the official eligibility criteria for all 17 schemes in our database, sourced from the respective ministry and scheme guidelines.
03
Get ranked results with apply links
Matching schemes are ranked by relevance and subsidy value. Each result shows why you qualify, what the benefit is worth in rupees, and links directly to the official government application portal.
Frequently Asked Questions
What is PMAY and who is eligible?
Pradhan Mantri Awas Yojana (PMAY) provides interest subsidies on home loans for first-time buyers. Eligibility is based on annual household income across four categories: EWS (up to ₹3 lakh), LIG (₹3–6 lakh), MIG-I (₹6–12 lakh), and MIG-II (₹12–18 lakh). The family must not own a pucca house anywhere in India.
What is the MUDRA loan scheme and who can apply?
PMMY provides collateral-free loans up to ₹10 lakh to non-farm small and micro enterprises. Three tiers: Shishu (up to ₹50,000), Kishore (₹50,000–₹5 lakh), and Tarun (₹5–10 lakh). Self-employed individuals, shopkeepers, artisans, and small businesses can apply through any scheduled bank, RRB, or MFI.
What is CSIS — the education loan interest subsidy?
CSIS covers the full interest on education loans during the moratorium period for students from households with annual income up to ₹4.5 lakh pursuing technical or professional courses at accredited institutions. This prevents interest capitalisation, saving eligible students ₹3–5 lakh on a ₹10 lakh loan.
Can I apply for multiple government schemes simultaneously?
Some schemes can be combined and some cannot. PMAY-CLSS cannot be combined with any other central government housing subsidy. However, you may simultaneously benefit from PMAY for a home loan and a MUDRA loan for business, as they cover different loan types.
How long does it take to receive the PMAY subsidy?
Once the bank submits the claim to NHB or HUDCO, the subsidy is typically credited to your loan account within 3–6 months of disbursement. The amount is deducted from your outstanding principal, reducing all future EMIs for the remainder of the tenure.
Check your eligibility now
Answer 5 questions and see all schemes you qualify for — takes under 2 minutes.