Module: General Practice
Q21: As per the revised Three-Tier structure for Housing Loans (effective April 2025), what is the maximum loan limit for housing loans to individuals in Tier-2 Metropolitan centers (population 10 Lakh to 50 Lakh) to be eligible for PSL classification?
✅ Correct Answer: C
Updated Tier Structure (2026): The RBI revised the limits to account for population density and cost.
Tier 1 (Mega Metros > 50L): ₹50 Lakh.
Tier 2 (Metros 10L - 50L): ₹45 Lakh (Cost Ceiling ₹57 Lakh). Tier 3 (Others < 10L): ₹35 Lakh.
Note: This question reflects the specific limit for standard Metros, distinct from the Mega-Metros.
Tier 1 (Mega Metros > 50L): ₹50 Lakh.
Tier 2 (Metros 10L - 50L): ₹45 Lakh (Cost Ceiling ₹57 Lakh). Tier 3 (Others < 10L): ₹35 Lakh.
Note: This question reflects the specific limit for standard Metros, distinct from the Mega-Metros.