Assam Abhinandan Education Loan Subsidy Scheme
in Assam
Last updated:
Assam Abhinandan Education Loan Subsidy Scheme in Assam
Assam Abhinandan Education Loan Subsidy Scheme is a government scheme available to eligible residents of Assam.
Apply for Assam Abhinandan Education Loan Subsidy Scheme in Assam
Scheme Overview
"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019 by the Hon'ble Chief Minister of Assam. The scheme is managed by the Finance Department, Govt. of Assam. The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education.
Eligibility Criteria
The applicant student should be a permanent resident of Assam.
The Education Loan should have been availed from any Scheduled Commercial Bank or Regional Rural Bank within the state recognized by the Reserve Bank of India.
The education loan should be a minimum of ₹ 1,00,000.
Benefits
The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.
Required Documents
| # | Document |
|---|---|
| 1 | Passport Sized Photograph of the Student |
| 2 | Student’s Aadhaar Card |
| 3 | Proof of Identity of the Parents |
| 4 | Bank Loan Documents |
| 5 | Proof of Address |
| 6 | Residential/Domicile Certificate |
| 7 | Marksheets / Passing Certificate of the Previous Educational Qualification |
| 8 | PAN Card |
| 9 | Bank Details |
How to Apply in Assam
Step 1: Visit the official website. Navigate to the "Click here for Loan Subsidy" section.
Online — https://assamfinanceloans.in/subsidy/welcome Step 1: Visit the official website. Navigate to the "Click here for Loan Subsidy" section.
Step 2: Click "Assam Abhinandan (Education Loan Subsidy Scheme)". You will be taken to "Application for Release for Subsidy". Fill in all the mandatory details: Applicant Name, Father’s Name, Date Of Birth, Address, Mobile Number, PAN Card Details…
Online — https://assamfinanceloans.in/subsidy/welcome Upload the Supporting Documents: Loan Proof (Loan Sanction Letter, Loan Account Passbook, Statement of Loan), Address Proof, and PAN Card.
Step 3: Check the Declaration, and click "Save".
Online — https://assamfinanceloans.in/subsidy/welcome Step 3: Check the Declaration, and click "Save".
Step 1: Visit the official website. At the bottom right of the page, in the "Application Tracking" section, click "Track".
Online — https://assamfinanceloans.in/subsidy/welcome Step 1: Visit the official website. At the bottom right of the page, in the "Application Tracking" section, click "Track".
Step 2: On the next page, provide your Mobile Number, and Loan Account Number or Application Number, and click "Submit".
Online — https://assamfinanceloans.in/subsidy/welcome Step 2: On the next page, provide your Mobile Number, and Loan Account Number or Application Number, and click "Submit".
Common questions in Assam
Who can apply for Assam Abhinandan Education Loan Subsidy Scheme in Assam?
Eligible residents of Assam who meet the scheme’s overall criteria can apply for Assam Abhinandan Education Loan Subsidy Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Assam 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.
Frequently Asked Questions
"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019.