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Credit Linked Subsidy Scheme 2017 for Home Loans, CLSS Application Form

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Credit Linked Subsidy Scheme

Under the Pradhan Mantri Awas Yojana, Credit Linked Subsidy Scheme is one of the main element from which Central Government provides financial assistance to the low income group category in purchasing / construction of residential units under affordable housing scheme. CLSS Scheme was launched by honorable PM Modi in the month of June 2015 to provide home loans and other related benefits and which were famously known as “Housing for All by 2020”. Through this CLSS Yojana, government will provide subsidy which shall be available for loan up to first 6 lack and amount of loan will be offered as per the guidelines of the Home Loan scheme of the Bank.

For the implementation of Credit Linked Subsidy Scheme 2017, every Primary Lending Institution is required to collaborate with one of these CNAs as National Housing Bank and Housing and Urban Development Corporation. These CNAs are well known as Central Nodal Agencies by Ministry of Housing and Urban Poverty Alleviation for the function of execution of CLSS MIG. There are many peoples of India who want to be the part of Credit Linked Subsidy Scheme for Middle Income Groups and now they are in search of CLSS Application Form and other basic details. People can obtain Complete Details regarding Credit Linked Subsidy Scheme MIG through this page which is well designed by the team members of www.privatejobshub.in

Credit Linked Subsidy Scheme

Citizens of India belonging to Economically Weaker Sections (EWS) and Low Income Group (LIG) who want to purchase or want to construct their residential units, they can take benefit from this CLSS Scheme. Moreover, those candidates who come under MIG that is Middle Income Group which simply states that peoples with an annual income above 6 lack and up to 12 lack will get an interest subsidy of 4% for loan up to 9 lack and those with an annual income above 12 lack and up to 18 lack will get an interest subsidy of 3% on loan up to 12 lack. Check complete eligibility criteria from below given points.

Eligible Customers Under CLSS Scheme
  • EWS: Annual household income up to 3 lacks
  • LIG: Annual household income above 3 lack and up to 6 lacks.
  • The beneficiary family should comprise husband, wife, unmarried sons and /or unmarried daughters.
  • Aadhar number(s) of the beneficiary family are mandatory for MIG category.
  • In case of married couple, either of the spouse or both together in joint ownership will be eligible for a single subsidy.
  • Or any other as per the norms of government.

CLSS Application Form

Work Flow of Circle Office
User Login Process


Forgot Password

If in case, user has forgets his password then they are required to select “Forgot Password” link which is provided in front of arrow mark.

Now fill asked details such as User ID, Security question and Security answer and hit “Get New Password” button.

Now confirm new Password and again select “Continue” button. The following screen appears showing message “Your Password has been changed successfully.

Home page of Circle Office


Profile & Change Password

To check the details of your CLSS Account, you need to press “Profile & Change Password” tab as you can see in below given image by oval sign which shows two option of the user “Profile” & “Change Password”.

Now you need to update your CLSS profile by filling the asked details and by pressing  “Update” tab the profile will be updated.

Apply for Credit Linked Subsidy Scheme

The following screen appears after click on left menu “Apply for subsidy” link button indicated by oval sign.

Before striking “Click to fill application full details” tab, candidates need to fill all required and compulsory fields which are indicated by red star mark to apply for subsidy as indicated by oval sign.
 

Here user will see four tabs; each tab has save button and next step button.

Tab-1: Applicant identification Detail.

Candidates are required to fill all asked details in the blank boxes indicated with (*) mark and press Step-1 Save applicant identification detail button for save tab data.

View/Modify Partially Saved Application

The following screen comes after striking “View/Modify Partially Saved Application”. In this page all partial filed applications are display.

View Forwarded Application to Nodal Agency

By pressing “View Forwarded Application to Nodal Agency” new window will appear. Here all forwarded application list will be visible.

View sought clarification application by Nodal Agency

Approved Claim release from Nodal Agency

After selecting “Approved for Claim release from Nodal Agency” as indicated by oval sign, you will reach on new page as given below. Here all approved claim application list will be visible by hitting on ID. No user can view application details.

By pressing on ID No. user will redirect to application form where user will able to view application details as per given comment.

Track application status of Credit Linked Subsidy Scheme

Strike “Track application status” as indicated by oval sign. Here user can search application status by entering ID number or Unit name wise.

Branch wise report of Credit Linked Subsidy Scheme

After selecting “Branch wise report” as indicated by oval sign, new page will appear facing you. Here user can generate Monthly and Quarterly branch wise report.

View Nodal Officer Detail

Hit “View Nodal Officer detail” which is located at the left side of menu bar indicated by oval sign. Here user can see his/her nodal detail.

Search application Status

After hitting the “Search application status” tab at login page, this will take you on new page. Now candidates need to search application status by entering below required information.

Logout

At last, aspirants need to logout the form by pressing Logout link as indicated by the oval sign in the following screen.
You may Also Check: Pradhan Mantri Yojana List

Credit Linked Subsidy Yojana Details

CLSS Scheme Type
Eligibility Household Income ( Rs.)
Carpet Area-Max (sqm)
Interest Subsidy (%)
Subsidy calculated on a max loan of
Loan Purpose
Validity of scheme
Max Subsidy (Rs.)
Woman Ownership
EWS and LIG
Upto Rs. 6,00,000
60 sqm
6.50 %
Rs. 6,00,000
Purchase/Self Construction/Extension
31/03/2022
2.67 Lacks
Yes *
MIG 1 **
Rs. 6,00,000 to Rs. 12,00,000
90 sqm
4.00 %
Rs. 9,00,000
Purchase/Self Construction
31/12/2017
2.35 Lacks
Not Mandatory
MIG 2 **
Rs. 12,00,001 to Rs. 18,00,000
110 sqm
3.00 %
Rs. 12,00,000
Purchase/Self Construction
31/12/2017
2.30 Lacks
Not Mandatory

Note:

Government is doing various things for the growth of our country, we the team of www.privatejobshub.in will provide you next development scheme information on this web portal, so keep in touch with us.

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