Abhinandan Education Loan Subsidy Scheme 2024 Assam Online Apply

Assam Abhinandan Education Loan Subsidy Scheme Registration | Apply Online Abhinandan Education Loan Subsidy Scheme | Abhinandan Education Loan Subsidy Scheme 2024

Abhinandan Education Loan Subsidy Scheme is an initiative of Finance Department, Government of Assam. The scheme has been launched for the students who have taken education loan. Under this scheme the government is going to provide subsidy on education loan to the students who are going to pursue their higher education. If you desire to know about the Assam Abhinandan Education Loan Subsidy Scheme 2024 and detail then you have to read this article very carefully. Further section of this article may include step by step application process along with the eligibility criteria, important documents, application track process and other related information.

Abhinandan Education Loan Subsidy Scheme 2024

Many students are facing financial difficulties in pursuing their higher studies. Not every student get scholarship from the government. To help the needy students government of Assam has taken various initiative time to time. One of such initiatives is Abhinandan Education Loan Subsidy Scheme. As it very clear with the name itself under this scheme government is going to provide education loan subsidy. You might have various questions in your mind related to the Assam Abhinandan Education Loan Subsidy Scheme 2024. Answer of all your questions is available in this article just read the next segment of the article carefully.

Abhinandan Education Loan Subsidy Scheme

Also Read :- Assam Ration Card List 2024

Abhinandan Education Loan Subsidy Scheme is specially designed by the Finance Department government of Assam for the students who desired to pursue their higher academics. Under this scheme the government is going to provide education loan subsidy of rupees 50000. Students who have taken loan will receive the subsidy. Launched on 4th September 2020. Procedure to get the benefits of the scheme is very simple. You just need to submit the application through official portal by follow the step by step guidance mentioned further in this article.

Highlights of Assam Abhinandan Education Loan Subsidy Scheme

Name of the schemeAbhinandan Education Loan Subsidy
Launched byFinance department, Government of Assam
Launched forStudents
Scheme categoryState government scheme 
Mode of applicationOnline
BenefitsINR 50000 one-time subsidy
Official websitewww.assamfinanceloans.in

Benefits of the Abhinandan Education Loan Subsidy

Abhinandan Education Loan Subsidy Scheme is very beneficial for the students of Assam who are going to pursue higher education. Under this scheme the government is going to provide subsidy on education loan amount into rupees 100000 or more sanction before 31st March 2019 or paid 25% of loan amount sanctioned after first April 2019. The amount of subsidy is rupees 50000. This subsidy amount will given only one time to the student directly in their bank account on which he she has taken loan.

Eligibility Criteria for Abhinandan Education Loan Subsidy Scheme

All those students who made the eligibility conditions specified below will able to receive the benefits of the scheme:

  • This Abhinandan Education Loan Subsidy Scheme 2024 is specially designed only for the students who are permanently residing in Assam.
  • To get the benefits student must have taken education loan
  • Loan must be from many scheduled commercial bank or regional rural bank within the state
  • Education loan amounting to Rs. 1 lakh or more sanctioned before 31st March, 2019 and sanctioned after 1st April, 2019 after disbursement of 25% sanctioned loan amount comes under this scheme
  • Those students who already have taken the benefits of bidya lakhsmi scheme are not eligible to apply for this scheme 
  • Loan amount status must not Come under NPA after a specific duration of 90 days.

Significant Documents 

  • Loan proof
    • Loan Sanction Letter 
    • Loan Account Passbook Page showing details of the loan 
    • Loan Account Statement
  • Address Proof
    • PRC Certificate 
    • Ration Card 
    • Aadhaar Card, 
    • Driving License, 
    • Voter Card, 
    • Passport
  • PAN card

Application Procedure for Abhinandan Education Loan Subsidy Scheme

To seek online application to get subsidy on education loan you should follow the further mentioned steps: –

  • First of all you have to open the official website of the department which is “www.assamfinanceloans.in
Abhinandan Education Loan Subsidy Scheme 2023
  • Homepage of the portal will open on the screen from where you should go to Abhinandan education 
  • Here you will see “Apply” option given below to it, click on it to open the application form on the screen
Abhinandhan Education Loan Subsidy
  • Read the declaration appears on the screen, hit yes option and start filing the details in the application
    • Name
    • Father name
    • Date of birth
    • Gender
    • Permanent address
    • Mobile no
    • PAN No
    • Email id
    • Loan details
  • After mentioning all the details you have to upload the supporting documents and tick the checkbox after reading the information
  • Choose save option to submit your application and take print out of the form for further use

Procedure To Track Application

You may track the application status by follow the step by step guidance mention below:

  • First of all you have to open the official website of the department which is “www.assamfinanceloans.in
  • Homepage of the portal will open on the screen from where you should go to application tracking section
  • Now select track option and provide the required information including
    • Mobile no 
    • Loan account no/ application no
  • Choose submit option to see the application status on the screen.

FAQs Assam Abhinandan Education Loan Subsidy Scheme

What is Abhinandan Education Loan Subsidy Scheme?

It is an initiative of government of Assam to provide subsidy on education loan taken by the students.

What is the subsidy amount?

Government will provide subsidy up to rupees 50000 for loan taken amended rupees 100000 or more.

Who will get the subsidy?

Students who are pursuing higher education and has taken education loan

What is the helpline email for technical support?

For technical support you can contact at subsidyloanassam@gmail.com.

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