DW BUREAU / chandigarh Considering that land resources in Chandigarh are extremely small and expensive, the Chandigarh administration has decided to implement the Credit Linked Subsidy Scheme (CLSS) vertical under the Pradhan Mantri Awas Yojna (PMAY-Urban). Under this scheme, certain subsidy of interest on the loan amount is provided to the eligible beneficiaries for construction and purchase of house and also for addition in the existing house. The Chandigarh Housing Board, in association with the Punjab National Bank (lead bank) and other banks located in Chandigarh organized a two days Awareness Camp at different locations in Chandigarh on October 06 and October 07,2020. During this two days camp around 600 persons were educated by bank and CHB officials about the scheme and the benefits provided under various categories (EWS, LIG and MIG) which can be availed by them under CLSS component of PMAY(Urban). Yashpal Garg, CEO, CHB said that all required assistance will be provided by the Chandigarh Housing Board and by the bank to facilitate loan to the beneficiaries in CLSS vertical of the Pardhan Mantri Awas Yojna (Urban). Following are eligible to avail the benefit of the interest subsidy Economic Weaker Section (EWS) having household income upto Rs.3.00 lakh per annum. ? Loan upto Rs.6.00 lakh and total interest saving upto Rs.6.00 lakh in 20 years. Low Income Group (LIG) having household income between Rs.3.00 lakh to Rs.6.00 Lakh per annum. - Loan upto Rs.6.00 lakh and total interest saving upto Rs.6.00 lakh in 20 years. Middle Income Group (MIG-I) having household income from Rs.6.00 lakh to Rs.12.00 Lakh. - Loan upto Rs.9.00 lakh and total interest saving upto Rs.5.40 lakh in 20 years. Middle Income Group (MIG-II) having household income from Rs.12.00 Lakh to Rs.18.00 Lakh per annum. - Loan upto Rs.12.00 lakh and total interest saving upto Rs.5.28 lakh in 20 years. (editor@dailyworld.in)