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CLSS (CREDIT LINKED SUBSIDY SCHEME) CALCULATOR

The Credit Linked Subsidy Scheme (CLSS), under the Pradhan Mantri Awaas Yojana (Urban) provides interest subsidy on housing loans to eligible beneficiaries belonging to the Economically Weaker Section (EWS)/Low Income Group (LIG) & Middle Income Group (MIG) segment for construction/purchase/extension of their house. Axis Bank has partnered with the Govt. of India for this scheme. The Credit Linked Subsidy Calculator gives you an estimate of the interest subsidy amount based on the home loan amount you enter as a requirement.

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Household Income p.a. Please enter Household Income
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Loan Amount Please enter Loan amount
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Tenure (In Years) Please enter Tenure
  • Segment

  • Maximum Loan Amount Eligible for Subsidy

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  • Interest paid for Entire Tenure

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  • Maximum Property Area

  • Interest Subsidy

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    The Net Present Value (NPV) of the interest subsidy is calculated at a discount rate of 9 %

Disclaimer : These calculators are provided for representational purposes only. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy, or applicability to circumstances. All loans are at the sole discretion of Axis Bank Ltd.