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New Subsidy Scheme On Home Loans To Bring Down EMIs By Rs 2,000
Centre's scheme for housing loans has been made effective from January 1 PM Modi had last year announced this Scheme for Middle Income Groups Subsidy of 3 per cent will reduce EMI by Rs 2,019 on Rs 12 lakh loan
22 Mar 2017, 10:55 PM IST 
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On a loan of Rs 9 lakh, the scheme will bring down EMI by Rs 2,062.
New Delhi: The Centre's credit-linked interest subsidy scheme for housing loans taken by people in mid-income groups has been made effective from January 1 with EMIs to go down by over Rs 2,000 per month.
Prime Minister Narendra Modi had on December 31 last year announced Credit Linked Subsidy Scheme for Middle Income Groups -- CLSS(MIG).
Under it, interest subsidy of 4 per cent on housing loans of up to Rs 9 lakh for those with an...
