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PMAY-U 2.0: Affordable Housing Scheme with Interest Subsidy (ISS)

Published on: September 29, 2025

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The Pradhan Mantri Awas Yojana Urban (PMAY-U 2.0) is the Government of India’s flagship affordable housing scheme, designed to achieve the vision of Housing for All by 2025. If you belong to the EWS (Economically Weaker Section), LIG (Lower Income Group), or MIG (Middle Income Group) category, you can avail benefits under PMAY-U 2.0, including interest subsidies (ISS) up to ₹1.80 lakh.

Before applying, it’s crucial to check your PMAY-U eligibility. With Mahindra Home Finance’s PMAY-U Eligibility Calculator, you can instantly know whether you qualify for the scheme—saving time and ensuring accuracy.

Step-by-Step Guide to Apply for PMAY Urban Scheme Online

Step 1: Check Your Eligibility

Confirm your income category:

Other conditions:

Use Mahindra Home Finance’s PMAY-U Eligibility Calculator to check your eligibility instantly.

Step 2: Visit the Official Portal

Go to pmaymis.gov.in for PMAY-U 2.0 registration.

Step 3: Fill the Application Form

Step 4: Track Your Application

Use the PMAY application tracking feature on the official portal or let Mahindra Home Finance assist you with real-time updates.

Key Points to Remember

Apply Now with Mahindra Home Finance

Take the first step towards owning your dream home under PMAY-U 2.0. With interest subsidy benefits, easy eligibility checks, and expert guidance, Mahindra Home Finance makes your journey to affordable housing simple and stress-free.

To update your Mobile Number/Email ID registered with your Home Loan account, please visit the nearest Mahindra Home Finance branch or call 1800 233 5333 (Toll Free).