Assam Finance loans in Subsidy Scheme 2020 Online Apply: Finance Department, Govt. of Assam has launched a scheme named Abhinandan Education Loan Subsidy of Rs 50,000 to Provide loan wavier to students of Assam who have availed Education Loans. Eligible candidates can apply for this scheme through the official website at www.assam financeloans.in. Aspirants can check the Abhinandan Scheme Assam Govt Apply Last Date, Application Status, scheme objective, benefits, Eligibility Criteria details from the below section.
Latest Updates – Assam Government has launched Abhinandan Education Loan Subsidy Rs 50,000 Scheme for the students who who have taken higher education loans from Banks. Check below Apply Online & Application Status
Abhinandan Education Loan Subsidy 2020 Online Apply
Government of Assam, the Finance Department has launched a scheme named Abhinandan Education Loan subsidy scheme on 26th December 2019. Under this scheme, Govt. of Assam has provided loan wavier to students of Assam who have availed Education Loans. Govt. has deposit one time subsidy of INR 50,000 /- in loan account of beneficiaries. This scheme is applicable with all commercial banks and also the regional rural banks of Assam State. Eligible candidates can apply forAbhinandan Education Loan Subsidy Scheme through the official website of Finance Department, Govt. of Assam. This scheme will cover all students who are permanent residents of Assam. Students studying in the state or outside and have availed education loan from any commercial bank or Regional Rural Bank. Further, all education loans sanctioned during 2019-2020 shall also be eligible for this loan subsidy scheme.
Assam Finance loans in 2020 Details
| Higher Authority | Finance Department, Govt. of Assam |
| Scheme Name | Abhinandan Education Loan Subsidy Scheme |
| Scheme Launching Date | 26th December 2019 |
| Scheme Objectives | Provide loan wavier to students of Assam who have availed Education Loans. |
| Benefits of Scheme | One Time subsidy of INR 50,000.00 shall be deposited in loan account. |
| Article Category | Education Loan Subsidy Scheme |
| Official Website | www.assamfinanceloans.in |
Abhinandan Education Loan Subsidy Objective
The objective of this program is to extend relief to those permanent residents of the State, who have taken education loans or are in the process of taking education loans for their children to pursue their dreams of getting a higher education. This shall also promote many young and bright students who are unable to pursue their higher education due to financial constraints to take education loans in future.
Eligibility Criteria
▶ Candidate should be a permanent resident of Assam
▶ Education Loan should have been taken from any scheduled, Regional Bank
▶ Education loan should be a minimum of Rs. 1 Lakh.
▶ Education Loans sanctioned before 31st March 2019, amounting Rs. 1 Lakh or more.
▶ For all education loans sanctioned since 1 April 2019 after disbursement of 25% of the sanctioned loan amount.
▶ Beneficiaries already benefitted under “Bidya Lakshmi” Scheme is not eligible for the application of this scheme.
▶ Loan accounts must not be under NPA Status.
Benefits of Scheme
Students and their parents who have taken an education loan of 1 lakh or more can avail benefits under this scheme. Abhinandan Yojana provides a one-time subsidy of up to Rs 50,000 on education loans.
Abhinandan Scheme Application Status 2020
• Visit the home page of the official website of Assam Government Finance Department @www.assamfinanceloans.in
• Check the Application Tracking portal and click on the Track button.
• Enter Mobile Number and Loan Account No. or Application No.
• Click on submit button.
• Check Application Status details from Display.
How to Apply Online For Abhinandan Education Loan Subsidy Scheme
Step 1: Candidates visit the official website of Assam Government Finance Department at www.assamfinanceloans.in
Step 2: On the Home Page go to Loan subsidy Section.
Step 3: Select the Education Abhinandhan (Education Loan Subsidy Scheme) and click on Apply Button.
Step 4: Fill up the details in the application form.
Step 5: Upload the required documents and click on save button to submit your application.
| Application Form Link | Apply Online |
| Official Website | www.assam.gov.in |
www.assam financeloans.in
Assam Government has launched the Abhinandan Education Loan scheme for the students who want to pursue their Higher education from the recognized institutions. Now students of Assam will not have to worry as they can easily take the education loan from up to Rs. 1 Lakh You can take a loan from all major banks like Federal Bank, HDFC, PNB etc. This scheme will encourage students to pursue higher education. Students will have to pay 25 % and then can avail for the Abhinandan education loan.
FAQs
Q1. What documents will I need to apply for Abhinandan Scheme Assam Govt Apply?
Ans. To apply for Abhinandan Education Loan you will need Aadhar Card, Residence Certificate, Parents ID Card, Bank Loan Document.
Q2. What is the minimum amount that I will have to pay to apply for Abhinandan Education Loan?
Ans. To apply for Abhinandan Education Loan you will have to pay 25 %.
Q3. What is the minimum amount of Loan that I can apply for?
Ans. You can apply for a minimum of Rs. 1 Lakh loan.
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