Abhinandan Education Loan Subsidy Scheme
in Assam
Last updated:
Key dates and updates (Assam)
Nationwide and Assam-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Abhinandan Education Loan Subsidy Scheme in Assam
Abhinandan Education Loan Subsidy Scheme is a government scheme available to eligible residents of Assam.
Apply for Abhinandan Education Loan Subsidy Scheme in Assam
Scheme Overview
Chief Minister Sarbananda Sonowal launched the Assam Abhinandan Education Loan Subsidy Scheme at the Srimanta Sankardev International Auditorium on 26 December 2019 in the presence of Finance Minister Himanta Biswa Sarma, , several senior officials of the State Finance Department, and bank officials
Eligibility Criteria
It is mandatory for the student to be a permanent resident of the state of Assam.
The student must have taken a loan from a commercial or rural bank, otherwise, he cannot avail of the benefit of the scheme.
The bank has been recognized by the Reserve Bank of India.
The benefit of this scheme can be availed only as a subsidy on education loans.
It is mandatory for the student’s parents to have an education loan of more than Rs 1 lakh.
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Benefits
Benefits
A subsidy of Rs 50,000 will be provided to students by the Government of Assam on education loans up to Rs 1 lakh.
In this scheme, all the applicant students can apply for the subsidy by paying 25% of their loans.
Under this scheme, the subsidy can be obtained only on loans taken from commercial banks like Federal Bank and HDFC and regional rural banks like Assam Rural Regional Bank.
In this scheme, all students have to get financial help by encouraging students on education loans.
Required Documents
| # | Document |
|---|---|
| 1 | Student’s Aadhaar Card |
| 2 | Parent Identification Documents |
| 3 | Bank loan documents |
| 4 | Residence certificate |
How to Apply in Assam
Application process Visit the official website. With the respect to the "Abhinandhan Education Loan Subsidy", click on apply option. The Assam Abhinandhan Scheme Online Application Form will appear. Now provide the required details. Upload the req…
Online — https://www.assamfinanceloans.in Application process Visit the official website. With the respect to the "Abhinandhan Education Loan Subsidy", click on apply option. The Assam Abhinandhan Scheme Online Application Form will appear. Now provide the required details. Upload the required documents and submit
Common questions in Assam
Who can apply for Abhinandan Education Loan Subsidy Scheme in Assam?
Eligible residents of Assam who meet the scheme’s overall criteria can apply for Abhinandan Education Loan Subsidy Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Abhinandan Education Loan Subsidy Scheme in Assam?
Applicants in Assam typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Abhinandan Education Loan Subsidy Scheme?
Key dates are summarized in the table on this page, from 26 December 2019 through 26 December 2019, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
A subsidy of Rs 50,000 will be provided to students by the Government of Assam on education loans up to Rs 1 lakh