MIG interest subsidy scheme from Jan 1

The Centre’s credit-linked interest subsidy scheme for housing loans taken by people in mid-income groups has been made effective from January 1 under which EMIs will go down by over Rs 2,000 per month. PM Narendra Modi had on December 31 last year announced Credit Linked Subsidy Scheme for Middle Income Groups -- CLSS(MIG).

The Goan NetworkPublished Mar 23, 2017, 2:33 PM IST

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PTI

NEW DELHI

Under it, interest subsidy of 4% on housing loans of up to Rs 9 lakh for those with an income of Rs 12 lakh per year and of 3% on housing loans of up to Rs 12 lakh for those having an income of Rs 18 lakh per year will be given.

At an event where ‘Operational Guidelines for CLSS (MIG)’ were released, National Housing Bank MD and CEO Sriram Kalyanaraman said EMIs for middle income group beneficiaries will lower the repayment burden by over Rs 2,000 per month. With the scheme coming into effect from January 1, those sanctioned home loans and whose applications are under consideration will be eligible for interest subsidy of up to Rs 2.35 lakh.

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Abharan jewellery exhibition in Goa

‘Abharan’ a name for premium quality jewellery in Coastal Karnataka is conducting its 15th exhibition and sales of a wide variety of diamond & traditional south Indian jewellery in Goa at Hotel Fidalgo, Panaji from March 16 to 18, and at Metropole Hall, near Nanutel, Margao on March 19 and 20.

the goan I network

Published Mar 10, 2017, 4:45 AM IST

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PANAJIAbharan Jewellers, since its inception in Udupi, in 1935 has been a synonym for purity and quality in jewellery, may it be gold, silver or diamond. After its initial foray into jewellery in Udupi, Abharan set its feet in Shimoga, Mangalore, Karkala, Kundapura, Hebri & Byndoor. The sole objective of Abharan has been to provide its customers with the best, latest and pure jewellery. Abharan has an in-house team of experienced designers who directly…

MIG interest subsidy scheme from Jan 1

Abharan jewellery exhibition in Goa

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