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Assam Abhinandan Education Loan Subsidy Scheme

"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.

Ministry / Department
Finance Department
Level
State
Benefit type
other
Last verified: Recently

What is Assam Abhinandan Education Loan Subsidy Scheme?

"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.

Benefit
The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.
Level
State — Assam
Ministry / Dept.
Finance Department
Benefit type
other
Key eligibility
1. The applicant student should be a permanent resident of Assam. 1. 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. 1. The education loan should be a minimum of ₹ 1,00,000.
Last verified
Recently

Benefits

The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.

Eligibility

1. The applicant student should be a permanent resident of Assam. 1. 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. 1. The education loan should be a minimum of ₹ 1,00,000.Area: AssamBenefit: other

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 1: Visit the official website . Navigate to the "Click here for Loan Subsidy" section.

    2. 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.

    3. 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.

    4. Step 4: Online application — step 4

      Step 3: Check the Declaration, and click "Save".

    5. Step 5: Online application — step 6

      Check Application Status:

    6. 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".

    7. 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".

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website

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