Assam Abhinandan Education Loan Subsidy Scheme
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The Assam Abhinandan Education Loan Subsidy Scheme provides loans students pursuing higher studies with a one-time subsidy grant of INR 50,000 on their existing education loans, in a bid to alleviate their financial burden. The disbursement of the subsidy amount will be subject to the condition that the applicant has repaid a minimum of 25% of the sanctioned education loan amount.
Assam Abhinandan Education Loan Subsidy Scheme
DeadlineAlways Open Eligibility - Open for permanent residents of Assam.
- The sanctioned loan amount must be more than INR 1 lakh.
- Applicants must take the education loan from a commercial banks (ex. - Federal Bank and HDFC) or a rural bank to avail the benefit of this scheme.
- The commercial or rural banks must be recognized by the Reserve Bank of India
Benefits: One-time subsidy grant of INR 50,000 on education loans up to INR 1 lakh
Documents - ID proof
- PAN card
- Residential proof
- Proof of availing an education loan
- Loan sanction letter
- Loan account passbook
- Loan statements
How can you apply? - Visit the official website of the Assam Government at assam.gov.in.
- Click on the ‘Schemes’ button to proceed.
- Scroll down on the page to locate the ‘Abhinandan Education Loan Scheme’ and click on it.
- Now, click on the ‘Finance Department’ button on the right-hand side of the screen.
- Follow the instructions and proceed to apply for this education loan scheme.
- Complete the online application form for the scheme by providing the necessary information and uploading the required documents, including:
- Applicant name
- Father’s name
- Date of birth
- Complete address
- Mobile number
- Pan Card details
- Bank details
- Click on the ‘Submit’ button to complete the application process.
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Frequently Asked Questions
What is the Abhinandan Education Loan Subsidy Scheme?
The Assam Abhinandan Education Loan Subsidy Scheme provides students pursuing higher studies with a one-time subsidy grant of INR 50,000 on their existing education loans, in an effort to alleviate their financial burden.
What is the accepted proof of residence?
Acceptable proof of residence documents include Aadhar card, ration card, voter ID card, passport, and other relevant identification documents.
What is the format to upload supporting documents?
The supporting documents must be in JPG, JPEG, PNG, or PDF format, and the file size of each document should not exceed 2 MB.
If I am facing technical issues while applying for the Abhinandan Loan Scheme, whom should I contact?
To seek technical support, you can email your issues to gad.assam@gov.in.
Contact
In case of any queries, please reach out to:
0361-234567 (Monday to Friday - 10:00AM to 06:00 PM (IST))gad.assam@gov.in
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