<h1>PMAY-U 2.0 housing loan interest subsidy up to Rs 1.8 lakh over five years reduces EMIs; BHFL Sambhav facilitates applications</h1> Pradhan Mantri Awas Yojana - Urban 2.0 introduces an Interest Subsidy Scheme (ISS) providing eligible beneficiaries up to Rs. 1.80 lakh over five years on housing loans sanctioned and disbursed after 1 September 2024, reducing effective borrowing costs and monthly EMI obligations for qualifying applicants. Separately, Bajaj Housing Finance Limited's Sambhav Home Loan establishes a tailored lending product for borrowers with cash-based or alternative income profiles with simplified documentation and internal verification procedures, enabling such borrowers to apply for PMAY-U 2.0 subsidy benefits while BHFL acts solely as a facilitator and does not guarantee subsidy allotment.