RBI has clarified certain points relating to interest subvention on certain category of Housing Loan . Interest subvention of 1 per cent is available on housing loans upto Rs.15 lakh where the cost of the house does not exceed Rs.25 lakh .
Please see the related notification of RBI
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/HISL091111CF.pdf
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/HCE210411F.pdf
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/CSCB080211.pdf
Please see the related notification of RBI
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/HISL091111CF.pdf
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/HCE210411F.pdf
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/CSCB080211.pdf
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