https://www.taxtmi.com/news?id=17657 The Credit Linked Subsidy Scheme for Middle Income Groups (CLSS MIG) provides upfront interest subsidy on housing loans for specified urban income bands, with loan tenure capped at 20 years or borrower preference. National Housing Bank and HUDCO are Central Nodal Agencies reimbursing Primary Lending Institutions after PLI verification and sanction; PLIs include banks, housing finance companies, small finance banks and NBFC MFIs. Subsidy applies to acquisition, construction or repurchase of houses subject to carpet area limits, permits unmarried earning adults as beneficiaries, and disallows processing fees by PLIs. en-us Wed, 22 Mar 2017 17:30:42 +0530 Wed, 22 Mar 2017 17:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17657 The Credit Linked Subsidy Scheme for Middle Income Groups (CLSS MIG) provides upfront interest subsidy on housing loans for specified urban income bands, with loan tenure capped at 20 years or borrower preference. National Housing Bank and HUDCO are Central Nodal Agencies reimbursing Primary Lending Institutions after PLI verification and sanction; PLIs include banks, housing finance companies, small finance banks and NBFC MFIs. Subsidy applies to acquisition, construction or repurchase of houses subject to carpet area limits, permits unmarried earning adults as beneficiaries, and disallows processing fees by PLIs. News - Wed, 22 Mar 2017 17:30:42 +0530 https://www.taxtmi.com/news?id=17657