- Details
- Benefits
- Eligibility
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Assam
Assam Abhinandan Education Loan Subsidy Scheme
Education
Loan
Student
Details
"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. This scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam. The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans. The applicant students can apply for the subsidy by paying 25% of their loans. Only the students who are permanent residents of the state of Assam can apply to this scheme.
Benefits
The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.
Eligibility
- 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.
Application Process
Online
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.
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".
Check Application Status:
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".
Documents Required
- Passport Sized Photograph of the Student
- Student’s Aadhaar Card
- Proof of Identity of the Parents
- Bank Loan Documents
- Proof of Address
- Residential/Domicile Certificate
- Marksheets / Passing Certificate of the Previous Educational Qualification
- PAN Card
- Bank Details
Frequently Asked Questions
When Was "Assam Abhinandan Education Loan Subsidy Scheme" Launched?
"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019.
Who Launched The "Assam Abhinandan Education Loan Subsidy Scheme"?
The "Assam Abhinandan Education Loan Subsidy Scheme" was launched by the Hon'ble Chief Minister of Assam.
What Is The Maximum Amount Of Subsidy That I Can Receive On The Loan?
The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education.
Does This Scheme Also Cover The Federal Bank And HDFC Bank?
Yes, this scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam.
What Are The Objectives Of This Scheme?
The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans.
Can Students From Other States Also Apply To This Scheme?
No, only the students who are permanent residents of the state of Assam can apply to this scheme.
Where Can I Find The Link To The Scheme Guidelines?
The scheme guidelines can be found at this link -
https://assam.gov.in/assam-abhinandan-education-loan-subsidy-scheme
What Should Be The Minimum Amount Of The Education Loan?
The education loan should be a minimum of ₹ 1,00,000.
Can I Apply Offline To This Scheme?
No, this scheme only accepts online applications.
What Documents Are Required In Order To Apply?
The following documents are required -
• Passport Sized Photograph of the Student
• Student’s Aadhaar Card
• Proof of Identity of the Parents
• Bank Loan Documents
• Proof of Address
• Residential/Domicile Certificate
• Marksheets / Passing Certificate of the Previous Educational Qualification
• PAN Card
• Bank Details
How Can I Check The Status Of My Application?
To Check the Application Status, follow the steps given below -
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".
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You're being redirected to an external website. By proceeding, your details will be shared with the relevant department.
Your mobile number will be shared with Jan Samarth and you will be redirected to external website.
Something went wrong. Please try again later.
You have already submitted an application for this scheme. You may apply again only after 30 days i.e. after
It seems you have already initiated your application earlier.To know more please visit
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Check Eligibility
Assam
Assam Abhinandan Education Loan Subsidy Scheme
Education
Loan
Student
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
"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. This scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam. The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans. The applicant students can apply for the subsidy by paying 25% of their loans. Only the students who are permanent residents of the state of Assam can apply to this scheme.
Was this helpful?
Share
News and Updates
No new news and updates available