- Details
- Benefits
- Eligibility
- Exclusions
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Abhinandan Education Loan Subsidy Scheme
Assam
Abhinandan
Education Loan
Subsidy Scheme
Details
The objective of this scheme is to provide a loan subsidy of up to Rs 50,000 on education loans to students pursuing higher education from good institutions. The Abhinandan Education Loan Subsidy Scheme has been started with the Housing Scheme. Under this scheme, the Government of Assam will provide a one-time subsidy on loans to all students pursuing higher education on education loans. Under the Abhinandan Scheme all major banks, all commercial banks such as Federal Bank and HDFC are included.
In this scheme, the state government will provide subsidy to the family of those students who has taken an education loan of more than Rs 1 lakh. Students getting an education on an education loan can subscribe to this scheme online or offline
Benefits
Benefits
- A subsidy of Rs 50,000 will be provided to students by the Government of Assam on education loans up to Rs 1 lakh.
- In this scheme, all the applicant students can apply for the subsidy by paying 25% of their loans.
- Under this scheme, the subsidy can be obtained only on loans taken from commercial banks like Federal Bank and HDFC and regional rural banks like Assam Rural Regional Bank.
- In this scheme, all students have to get financial help by encouraging students on education loans.
Eligibility
Eligibility Criteria
- It is mandatory for the student to be a permanent resident of the state of Assam.
- The student must have taken a loan from a commercial or rural bank, otherwise, he cannot avail of the benefit of the scheme.
- The bank has been recognized by the Reserve Bank of India.
- The benefit of this scheme can be availed only as a subsidy on education loans.
- It is mandatory for the student’s parents to have an education loan of more than Rs 1 lakh.
Exclusions
Exclusions
- Government employees are not allowed to apply to the scheme.
- The student obtaining benefits under this scheme shall not be allowed to avail of benefits under any other scheme for this purpose.
- Beneficiaries who already benefited under Bidya Lakshmi Scheme are not eligible for application in this scheme.
Application Process
Online
Application process
- Visit the official website.
- With the respect to the "Abhinandhan Education Loan Subsidy", click on apply option.
- The Assam Abhinandhan Scheme Online Application Form will appear.
- Now provide the required details.
- Upload the required documents and submit
Documents Required
List of the required document
- Student’s Aadhaar Card
- Parent Identification Documents
- Bank loan documents
- Residence certificate
Frequently Asked Questions
What is the maximum subsidy one can avail?
A subsidy of Rs 50,000 will be provided to students by the Government of Assam on education loans up to Rs 1 lakh
What is the percentage one has to pay for applying for scheme?
25% of the loan
Is it only for the resident of the state?
The applicant must be a permanent and legal resident of Assam state
What is the amount of loan should be
The loan must be of rupees 100000 or more.
Bidya Lakshmi Scheme are eligible
Beneficiaries who already benefited under Bidya Lakshmi Scheme are not eligible for application in this scheme.
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You need to sign in before applying for schemes
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It seems you have already initiated your application earlier.To know more please visit
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You need to sign in before applying for schemes
Something went wrong. Please try again later.
It seems you have already initiated your application earlier.To know more please visit
Apply Now
Check Eligibility
Abhinandan Education Loan Subsidy Scheme
Assam
Abhinandan
Education Loan
Subsidy Scheme
Details
Benefits
Eligibility
Exclusions
Application Process
Documents Required
Frequently Asked Questions
The objective of this scheme is to provide a loan subsidy of up to Rs 50,000 on education loans to students pursuing higher education from good institutions. The Abhinandan Education Loan Subsidy Scheme has been started with the Housing Scheme. Under this scheme, the Government of Assam will provide a one-time subsidy on loans to all students pursuing higher education on education loans. Under the Abhinandan Scheme all major banks, all commercial banks such as Federal Bank and HDFC are included.
In this scheme, the state government will provide subsidy to the family of those students who has taken an education loan of more than Rs 1 lakh. Students getting an education on an education loan can subscribe to this scheme online or offline
Was this helpful?
Share
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