1% subsidy on home loan!!

Querist :
Anonymous
(Querist) 27 February 2010
This query is : Resolved
Dear Sir / Madam,
As per the union budget 1% home loan Subsidy for the property value less than 20L and loan upto 10L to individual. My property value is below 20 L and my loan sanction is 12.6 L. Am i eligible for above scheme?
Thanks & Regards
Kumar Thadhani
(Expert) 01 March 2010
I think both the critera mustbe satisfied.