For Credit Linked Subsidy Scheme (under PMAY) Eligibility
To avail Credit Linked Subsidy (under PMAY) on your Home Loan, the eligibility criteria are defined for Economically Weaker Section/Lower Income Group (EWS/LIG)
A female has a house in her own name before marriage. After marriage her husband purchases a house and applies for susbsidy benefit. Is he eligible for CLSS?
Ans) The household already has a house in name of wife, hence, would not be eligible for subsidy on purchase of second house.
A young boy of 23 years who lives with his parents or goes out to metropolitan city for job, intends to purchase a house. Is he eligible for Credit Subsidy? If Yes why and if no, reasons thereof?
Ans) As per definition of household: "An individual earning member (irrespective of its marital status) may be considered as a separate household".
Therefore, the above case is eligible for subsidy on home loan. Infact in such scenario, female ownership is also not required under EWS/LIG scheme.