HomeCirculars › RBI/2010-11/517

Housing loan limit under priority sector raised to Rs 25 lakh

Current · Source: Reserve Bank of India · RBI/2010-11/517 · issued 09 May 2011 · ~1 min read
Quick answerRBI raised the housing loan limit eligible under priority sector from Rs 20 lakh to Rs 25 lakh per family, effective for loans sanctioned on or after April 1, 2011. This follows the Union Budget 2011-12 announcement.
The rule, in the simplest words
How it plays out — a real example

Rohit, a housing‑loan officer in Mumbai, receives an application on 5 April 2011 from the Sharma family for a Rs 24‑lakh loan to build a new home. Because the loan amount is below the new Rs 25 lakh ceiling and the sanction date is after 1 April 2011, Rohit classifies it as a priority‑sector loan, helping his bank meet its lending goals.

What changed

The maximum housing loan amount per family that qualifies as priority sector lending was increased from Rs 20 lakh to Rs 25 lakh. This change applies to loans sanctioned on or after April 1, 2011, and is based on the Union Finance Minister's budget announcement for 2011-12.

What it means for you

Banks can now classify a larger portion of their housing loan portfolio under priority sector, helping them meet priority sector lending targets more easily. This also expands affordable housing access for borrowers, as loans up to Rs 25 lakh for purchase or construction of a dwelling unit per family now qualify.

What you must do

Who it affects

All scheduled commercial banks (excluding Regional Rural Banks), Retail lending teams handling housing loans, Priority sector compliance and reporting departments, Borrowers seeking housing loans up to Rs 25 lakh

❓ Common questions

Does this change apply to housing loans sanctioned before April 1, 2011?

No, the increased limit of Rs 25 lakh is applicable only to housing loans sanctioned on or after April 1, 2011.

Are loans to bank employees still excluded from priority sector classification?

Yes, the circular specifies that loans granted by banks to their own employees are not eligible for classification under priority sector, even if they meet the new limit.

📜 Read the original circular — full text as issued by RBI
RBI/2010-11/517 RPCD.CO.Plan.BC.69/04.09.01/2010-11 May 9, 2011 The Chairman/Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding Regional Rural Banks)] Dear Sir/ Madam, Housing Loan limit under priority sector Please refer to paragraph 6.1 of our master circular RPCD.CO.Plan.BC.10/04.09.01/2010-11 dated July 1, 2010 on lending to priority sector, wherein loans up to Rs.20 lakh irrespective of location, to individuals for purchase / construction of dwelling unit per family, excluding loans granted by banks to their own employees are eligible for classification under priority sector. 2. Pursuant to the announcement made by Union Finance Minister in paragraph 44 of the budget for the year 2011-12, it has been decided to increase the above limit from Rs.20 lakh to Rs.25 lakh. 3. The above change will be applicable to housing loans sanctioned on or after April 1, 2011. Yours faithfully, (A.K.Misra) General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/517 · issued 09 May 2011. The plain-English explanation above is BankPulse’s own independent summary.
🧰 Tools — save, print, templates & related
Who does what — compliance checklist
💻 IT / Systems
  • Communicate the change to loan origination and credit teams to avoid misclassification.
  • Review existing loan applications pending sanction to apply the new limit correctly.
📜 Compliance
  • Update internal priority sector lending policies to reflect the new Rs 25 lakh limit for housing loans.
  • Ensure housing loans sanctioned from April 1, 2011 onward are classified under priority sector only if they meet the revised limit.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (All scheduled commercial banks (excluding Regional Rural Banks), Retail lending teams handling housing loans, Priority sector compliance and reporting departments, Borrowers seeking housing loans up to Rs 25 lakh), your first concrete step on “Housing loan limit under priority sector raised to Rs 25 lakh” is: “Update internal priority sector lending policies to reflect the new Rs 25 lakh limit for housing loans.” (RBI issued this 09 May 2011).

  1. Circular: RBI/2010-11/517 -- Housing loan limit under priority sector raised to Rs 25 lakh
  2. Issued: 09 May 2011
  3. Action required: Update internal priority sector lending policies to reflect the new Rs 25 lakh limit for housing loans.
  4. Action required: Ensure housing loans sanctioned from April 1, 2011 onward are classified under priority sector only if they meet the revised limit.
  5. Action required: Communicate the change to loan origination and credit teams to avoid misclassification.
  6. Action required: Review existing loan applications pending sanction to apply the new limit correctly.
  7. Owner: ____________ Target date: ____________
  8. Board/committee approval needed? Y / N
  9. Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.

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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6395&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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