PMAY-U CLSS explained: How those earning under Rs 18 lakh can cut home loan costs

Middle-income families dreaming of homeownership can find relief through the Credit Linked Subsidy Scheme (CLSS) under PMAY-Urban. Launched in 2017, it offers interest subsidies on home loans for eligible households earning between Rs 6 lakh and Rs 18 lakh annually. The scheme aims to make housing more affordable by reducing EMIs.