After the loan is disbursed, the Grihashakti will claim subsidy for eligible borrowers from National Housing Bank (NHB).
NHB after due diligence would approve & credit the subsidy amount to Grihashakti for all eligible borrowers.
The subsidy will be calculated on the NPV (Net Present Value) method at a discount rate of 9
On receipt of subsidy amount from NHB , same is credited to respective home loan account of the borrower and EMI is reduced proportionately.