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Interest subsidy for home loans

Interest subsidy for home loans

Thursday, March 23, 2017, 11:58 AM

Here is some good news for middle-income home-buyers. The Centre announced on Wednesday a credit-linked interest subsidy (CLSS) scheme for home loans, leading to savings of more than Rs 2 lakh, or up to Rs 2,000 on EMIs. Union Housing and Urban Poverty Alleviation Minister M. Venkaiah Naidu said. Those with annual incomes between Rs 6 lakh and Rs 18 lakh are eligible for the subsidy.
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