Detailed Project Report The PMAY Subsidy is a scheme introduced by the Indian government in an effort empower people from lower income groups by providing a subsidy on the purchase their first home. 50 lakhs). Also subsidy of 50% is available on investment in ‘reefer vehicles’ (max. Before applying for the subsidy following document required. This is done to make it possible for everyone to afford … The NHB will conduct a due diligence to exclude claims where customer has submitted multiple requests. For subsidy-related information, read guideline NHM & NHB website or contact the nearest government agriculture office they guide you. nhb "NHB in exercise of the powers vested with it under the National Housing Bank Act, 1987 has imposed penalty of Rs. For all eligible borrowers, the subsidy amount would be paid to the bank. The Rashtriya Krishi Vikas Yojna provides assistance of Rs 80,000 for the construction of a mushroom house of dimensions 20 ft x 12 ft x 10 ft, other tools etc. Once the bank receives the interest subsidy, it will be credited upfront to the loan account. Cold Chain for Non-Horticulture Products is also being funded under National Mission on Food Processing which provides Capital subsidy of 35% of cost of project or Interest subvention by 6% (max 5 crore). 1800-572-7777. The PMAY is a Government backed Credit Linked Subsidy Scheme (CLSS) wherein the mission is to provide affordable housing for all by the year 2022. Please feel free to contact our customer representative at 1860-500-9900 or email us at customer.care@idfcfirstbank.com. Subsidy percentage varies from state to state. Budget 2020 Care and Support – Cash to be paid from 18 June 2020 - Ministry of Finance (MOF) 04 Jun 2020 : Accelerating Nationwide Digitalisation to Build a World-Class Resilient Digital Future - Infocomm Media Development Authority (IMDA) 04 Jun 2020: Eligibility For COVID-19 Support Grant- Ministry of Social and Family Development (MSF) 04 Jun 2020: 322 More Cases … We will be glad to help you with any questions regarding the IDFC FIRST Bank home loan. Please call this number for any support/requests. The subsidy will be calculated on Net Present Value (NPV) at 9% discount rate. Customer would be updated by a SMS when the subsidy claim is submitted to NHB and once the account is adjusted post receiving the subsidy from NHB Once IDFC First Bank receives the interest subsidy, it will be credited upfront to the loan account and EMI will be readjusted. The interest subsidy is directed through the National Housing Bank, commonly abbreviated to NHB and the Housing & Urban Development Corporation or the HUDCO. The PMAY scheme offers its beneficiaries with subsidy, where the Pradhan Mantri Awas Yojana interest rate is charged at a subsidised or reduced rate than regular housing loans. If you have a more pressing matter to discuss, feel free to visit any of our branches and speak to our customer representatives. The government gives a subsidy from 50%-60% to the project cost of the greenhouse. The subsidy on compost is given for maximum of 400 trays @ Rs 20-40/tray. Monday to Saturday - 9AM to 6PM Except 2nd and 3rd Saturdays and Public Holidays To avail this subsidy, one’s annual household income cannot exceed INR 18 lakhs, the tenure of the home loan cannot exceed 20 years, and the primary applicant should be a woman. 100% subsidy is given for the transport of compost. 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