Abhinandan Education Loan Subsidy Scheme

Scheme Category

Education & Learning,Skills & Employment,Loan,Scholarships and student finance

Target Beneficiaries

Individual

Brief Description

Chief Minister Sarbananda Sonowal launched the Assam Abhinandan Education Loan Subsidy Scheme at the Srimanta Sankardev International Auditorium on 26 December 2019 in the presence of Finance Minister Himanta Biswa Sarma, , several senior officials of the State Finance Department, and bank officials

Benefit Type

Cash

Eligibility Criteria

1. It is mandatory for the student to be a permanent resident of the state of Assam. 1. The student must have taken a loan from a commercial or rural bank, otherwise, he cannot avail of the benefit of the scheme. 1. The bank has been recognized by the Reserve Bank of India. 1. The benefit of this scheme can be availed only as a subsidy on education loans. 1. It is mandatory for the student’s parents to have an education loan of more than Rs 1 lakh.

Application Mode

Online

Application Process

Application process 1. Visit the official <nis:link nis:type=webUrl nis:id=slugId nis:text="website" nis:value=https://www.assamfinanceloans.in nis:enabled=true/>.1. With the respect to the "Abhinandhan Education Loan Subsidy", click on apply option. 1. The Assam Abhinandhan Scheme Online Application Form will appear. 1. Now provide the required details. 1. Upload the required documents and submit

Required Documents

• List of the required document
• Student’s Aadhaar Card
• Parent Identification Documents
• Bank loan documents
• Residence certificate