Government Loan Schemes

PMAY targets first-time home buyers from Economically Weaker Sections (EWS, income up to ₹3 lakh/year), Low Income Group (LIG, up to ₹6 lakh/year), and Middle Income Groups (MIG-I up to ₹12 lakh, MIG-II up to ₹18 lakh). You must not own a pucca house in any family member's name anywhere in India. Read the full PMAY guide for details.

Yes. Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) are collateral-free and guarantor-free for amounts up to ₹10 lakh. They come in three tiers: Shishu (up to ₹50,000), Kishore (up to ₹5 lakh), and Tarun (up to ₹10 lakh). Learn more in our Mudra Loan guide.

Stand-Up India provides bank loans between ₹10 lakh and ₹1 crore to SC/ST and women entrepreneurs for setting up greenfield (new) enterprises in manufacturing, services, or trading. Each bank branch must sanction at least one loan to an SC/ST borrower and one to a woman borrower. See our complete guide.

Under the Central Sector Interest Subsidy Scheme, the government pays the interest on your education loan during the moratorium period (study years plus one year after course completion). This means zero interest cost during your studies. Family income must be below ₹4.5 lakh per year to qualify. Details in our subsidy guide.