Kushal Bhartiyo! Labh Uthaye Pradhan Mantri Awas Yojana Ka Aur Banaye Apna Khud ka Ghar
Indian Government initiatives, “Pradhan Mantri Kaushal Vikas Yojana”, “National Policy for Skill Development & Entrepreneurship 2015” are creating skilled workers across PAN India to make them survive on their livelihood with self respect.
Slogans “Mera Desh Badal Raha Hai, Aage Badh Raha Hai” “Sabka Saath, Sabka Vikaas” are on our lips nowadays. Thanks to farm and industry sectors, our economy rallied to 7.6% in 2015-16 (as per the Central Statistical Data). On one side, Indian Government initiatives, “Pradhan Mantri Kaushal Vikas Yojana”, “National Policy for Skill Development & Entrepreneurship 2015” are creating skilled workers across PAN India to make them survive on their livelihood with self-respect. But on the other side, most of these skilled people don’t have a pucca roof over their head. Strange!
How can these average Indian middle class finance their dreams?
How can self-employed people purchase a new home at affordable prices?
The skilled and semi-skilled people can avail home loans under CLSS Scheme of Pradhan Mantri Awas Yojana. The Yojana aims to build 2 crore new houses across the nook and corner of India by 2022. Home loan is available under this scheme with a subsidy on interest component.
The beneficiary can leverage interest subsidy up to Rs 2,20,000 on home loans.
Self-employed people can click on Home Loan E.M.I Calculator and calculate their eligibility on the basis of their net profit, business use of the home, depreciation, depletion and income level.
IIFL Home Loans is providing home loans under this scheme and thus playing a constructive role in the empowerment of the masses of India. IIFL offers “azaadi” from strict income documentation and even the turnaround time for the home loan approval and disbursal is also low here. Home loans to the skilled and the semi-skilled Indians are the need of the hour.
Even in many skilled categories, the unemployment ratio is high and it is in double digits. Around 14% machine operators and 17% textile workers are not employed (Source: Times of India). But the wheel of the economic growth is moving at a rapid pace. The National Skill Development Mission aims to create 400 million skilled Indians by 2022. (Source: Business Standard) More skilled Indians means more economic empowerment and this would enhance the demands for housing and home loans. To bridge that demand and supply gap, we, IIFL Home Loans, are providing New Home Loans, Home Extension or Improvement Loans, Loan against Property and Balance Transfer.