6% Interest Subsidy on Loans taken through Banks for Study Abroad
The scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
"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.
"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.
The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.
Step 1: Online application — step 1
Step 1: Visit the official website . Navigate to the "Click here for Loan Subsidy" section.
Step 2: Online application — step 2
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, and Bank Details.
Step 3: Online application — step 3
Upload the Supporting Documents: Loan Proof (Loan Sanction Letter, Loan Account Passbook, Statement of Loan), Address Proof, and PAN Card.
Step 4: Online application — step 4
Step 3: Check the Declaration, and click "Save".
Step 5: Online application — step 6
Check Application Status:
Step 6: Online application — step 7
Step 1: Visit the official website . At the bottom right of the page, in the "Application Tracking" section, click "Track".
Step 7: Online application — step 8
Step 2: On the next page, provide your Mobile Number, and Loan Account Number or Application Number, and click "Submit".
Applications are accepted only on the official government portal.
Open Official WebsiteThe scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
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