Abhinandan Education Loan Subsidy Scheme: Online Apply, Loan Amount

The Government of Assam is making various efforts to improve the education system in the state. Therefore, the Government of Assam has launched the Abhinandan Education Loan Subsidy Scheme to strengthen the education system in the state. The subsidy scheme will provide a subsidy of up to Rs 50,000 for higher education to students in the state. The scheme is specially designed for those citizens who are unable to afford higher education due to financial constraints. The government launched the scheme on September 4, 2002. The Assam government had earlier launched the scheme in 2016.

Abhinandan Education Loan Subsidy

The Chief Minister of Assam has implemented this scheme. And if you are a student then this scheme will prove to be very beneficial for you. Today we are going to provide you with all the information related to Assam Abhinandan Educational Loan Subsidy Scheme 2022 price through this page. Such as the purpose of the scheme, benefits, required documents, eligibility criteria, and Abhinandan Educational Subsidy Scheme registration process. Read the full page for more information on this scheme.

Brief project description

Name of scheme Abhinandan Education Loan Subsidy Scheme
Beneficiary Students from Assam will be able to take advantage of this scheme.
Loan Apply Online
Launched by Government of Assam

Abhinandan Education Loan Subsidy Scheme 2022 About

You all know that due to poor financial conditions, good meritorious students are not able to get higher education. Therefore, the state government has launched the Abhinandan Education Loan Subsidy Scheme to provide financial assistance to the students of the state for higher education. Through this scheme, a loan of Rs. 50000 / – will be provided to the students of the state for higher education. Educational loans under this scheme will be given to the beneficiaries from the bank. The Assam government had earlier launched the scheme and distributed Rs 50,000 to about 1,500 students. 5,000 students have already been provided Rs. 50,000 under this scheme.

For those students who are unable to pursue higher education due to poor financial conditions, this scheme will prove to be very beneficial. The scheme will enable almost all the students in the state to pursue higher education. The Assam Abhinandan Education Loan Subsidy Scheme will improve the education system in the State of Assam. Only permanent and legal residents of the State of Assam will be provided benefits under this scheme.

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Education Loan Subsidy Scheme 2022 Highlights Key
Name of scheme Abhinandan Education Loan Subsidy Scheme
Launched by CM Of Assam State
Under the scheme Government of Assam
State Assam
Beneficiary Students from Assam will be able to take advantage of this scheme.
Objective The government will provide education loans to students to pursue higher education.
Year 2022
Loan Amount ₹50,000
Post category State government scheme
Assam Education Loan Apply Online
Official website https://www.assamfinanceloans.in/subsidy/welcome

Objective of Abhinandan Education Loan Subsidy Scheme

We have given you some information about the purpose for which this scheme has been started by the state government –

The Government of Assam has started the Abhinandan Education Loan Subsidy Scheme. The purpose of this scheme is to provide financial assistance to the students of the state for pursuing higher education. Students who are unable to pursue higher education due to poor financial conditions will be provided education loans through this scheme. Under this scheme, students will be given loans up to about 50 thousand rupees. This Abhinandan Educational Loan Yojana will prove to be very beneficial for the students of the state. And almost all the citizens in the state will be able to get higher education.

Students who are unable to apply due to insufficient funds in large colleges and schools will be given the benefit of this scheme. The Chief Minister of Assam is taking various measures under the scheme, and the government may provide free admission to poor students. There are many students who are not able to get higher education due to poor financial conditions despite being talented. All those students will be able to get higher education easily through this scheme. Beneficiaries need to apply under this scheme to avail of the benefits of this scheme.

Assam Abhinandan educational subsidy scheme online Registration

The Abhinandan Education Loan Subsidy Scheme will provide loans of up to Rs 50,000 for higher education to students. And the beneficiaries have to apply for this loan. Raju Sarkar has made the application process very easy under this scheme, so you can easily apply under this scheme through the online website. To apply for this scheme you need to have all the important documents like an identity card, PAN card, bank account, address certificate, loan certificate.

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Benefits of Abhinandan Education Loan Subsidy Scheme

The benefits to be provided by the State Government to the beneficiaries under this scheme are –

  • The Abhinandan Education Loan Subsidy Scheme is being run by the concerned authorities in Assam.
  • And through this scheme, students from Assam will be able to take loans up to Rs 50,000.
  • Students will be able to pursue higher education through educational loans provided by the state government.
  • So far about 5000 students have benefited from this scheme.
  • The scheme was launched on 4 September 2020.
  • Through the Abhinandan Education Loan Subsidy Scheme students will be self-reliant and will be able to pursue higher education.
  • Most of the students in the state will be able to pursue higher education through this subsidy scheme.
  • The state’s education system will be improved through this scheme.
  • Beneficiaries need to visit the official website to apply under the Abhinandan Education Loan Subsidy Scheme.

Abhinandan Education Loan Subsidy Scheme Eligibility Criteria

Follow the Eligibility Criteria issued by the Authority under this scheme –

  • The applicant needs to be a permanent or legal resident of Assam.
  • The applicant will be able to take a loan from any regional rural bank or scheduled commercial bank in Assam.
  • The bank from which you will take a loan should be recognized by the Reserve Bank of India.
  • There are no eligibility criteria for income under this scheme.
  • Beneficiaries who want to take a loan under this scheme have to approve the loan before 31st March 2019.
  • The loan amount should be Rs 1 lakh or more.
  • A loan account should not be under NPA status.
  • From 1 April 2019, 25% of all approved education loans will be disbursed.
  • Beneficiaries of the state who are beneficiaries under Vidya Lakshmi Yojana will not be eligible to apply under this scheme.
  • Through Vidya Lakshmi Yojana, state government employees were able to get education loans of Rs 5 to 10 lakh.
  • You will not be able to apply for the plan if the loan installment council expires for a certain period of time.
  • All educational 90 days will be declared as non-performing arts after a certain period of time.

Abhinandan Education Loan Subsidy Scheme Online Apply

Interested beneficiaries can apply online through the process given below –

Abhinandan Education Loan Amount
  • After entering the official website you will see the section on Abhinandan Educational Loan Subsidy.
  • You have to click on the Apply option in that section.
  • Then the Abhinandan Educational Loan Subsidy application form will be displayed in front of you.
Abhinandan Education Loan Subsidy Scheme Online Apply
  • You must fill in all the information requested in the application form correctly. Such as –
    • Applicant Name
    • Father’s Name
    • Date of Birth
    • Address
    • Mobile number
    • PAN Card details
    • Bank details, etc.
  • After completing all the information correctly, you will need to upload the documents mentioned in the application form, such as –
    • Loan certificate
    • Address Certificate
    • PAN card
  • After filling in all the information correctly and uploading the documents you need to click on the submit option.
  • Then your application process will be completed.
  • If you are eligible for this scheme, then the Government of Assam will deposit a subsidy amount of Rs. 50,000 in your account.

We will give you all the latest information about Assam Education Loan Scheme through this page and this website. So don’t forget to bookmark our website to get the latest update of Assam education loan scheme.

Conclusion

We have provided you with almost all the information related to Abhinandan Education Loan Subsidy Scheme through this page. And we hope you find the answers to all your questions through the information on this page. If you still have any questions then just ask us in the comment box below, we will reply to you shortly.

Assam Abhinandan Educational Loan Subsidy FAQ

What is Abhinandan Education Loan Subsidy Scheme?

The Government of Assam has started this Abhinandan Education Loan Subsidy Scheme. The scheme will provide loans for higher education to students in the state. Under this scheme a subsidy of up to Rs. 50,000 will be provided.

Who can apply under Assam Educational Loan Subsidy Scheme?

Permanent and legal residents of Assam will be able to apply under this scheme.

What is the purpose of the Abhinandan Education Loan Subsidy Scheme?

The purpose of this scheme is to provide financial assistance to students in Assam for higher education.

What is the amount of loan under the Abhinandan Education Loan Subsidy Scheme?

Beneficiaries will be provided a loan of Rs. 50,000 / – under this scheme.

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