Assam Abhinandan Education Loan Subsidy Scheme 2025 – Online Apply, Eligibility & Benefits

Assam Abhinandan Education Loan Subsidy Scheme 2025: If you are a permanent resident of Assam state, you will be able to obtain loans for your educational needs without having to worry about interest rates or other challenges that you will face while pursuing higher education. You can learn more about the Assam Abhinandan Education Loan Subsidy Scheme 2025 in the article below, and we will also walk you through the step-by-step process of applying for online registration for this scheme. The creation of this system will allow you to receive a reasonable subsidy for your educational debt in Assam.

Assam Abhinandan Education Loan Subsidy Scheme About Us

The Assam Abhinandan Education Loan Subsidy Scheme was established by the Assam government to grant educational loans to all students who are currently pursuing higher education but are unable to do so due to financial constraints. All of these students seeking higher education in Assam would receive a 50000 subsidy. To participate in the Assam Abhinandana education loan subsidy plan 2024, students must meet certain eligibility conditions. The subsidy system was developed to provide proper educational chances to all kids who are currently live in the state of Assam but are unable to continue their education owing to various reasons such as financial challenges or the ill effects of the covid-19.

Assam Abhinandan Education Loan Subsidy Scheme Benefits

The people who apply for this scheme will receive the following benefits:

• The Government of Assam would grant a subsidy of Rs 50,000 to students on education loans up to Rs 1 lakh.
• Under this system, all candidate students can request for a subsidy by paying 25% of their loans.
• Only loans from commercial banks like as Federal Bank and HDFC, as well as regional rural banks such as Assam Rural Regional Bank, are eligible for this scheme’s subsidy.
• All students must receive financial assistance under this plan, which encourages students to take out educational loans.

Assam Abhinandan Education Loan Subsidy Scheme Eligibility Criteria

To apply for the scheme, the candidate must meet the eligibility conditions listed below.

• The applicant must be a permanent and legal resident in Assam state.
• The candidate must have obtained an educational loan from any Scheduled Commercial Bank or Regional Rural Bank in the state of Assam.
• The bank must be recognized by the Reserve Bank of India.
• There are no income criteria in this arrangement.
• The loan must be sanctioned by March 31st, 2019.
• The loan must be for rupees 100,000 or more.
• For all education loans sanctioned since April 1, 2019, 25% of the loan amount has been disbursed.
• Beneficiaries who have already received benefits under the Bidya Lakshmi plan are not eligible to apply for this plan.

Assam Abhinandan Education Loan Subsidy Scheme Required Documents

The following documents are required to apply for the scheme successfully:

• Student’s Aadhaar Card
• Parent Identification Documents
• Bank loan documents
• Residence certificate

Assam Abhinandan Education Loan Subsidy Scheme Application Process

To apply for this plan, follow the simple procedure outlined below.

Step 1: First, you must visit the scheme’s official website.

Step 2: The home page will display on your screen.

Step 3: The details about the Assam Abhinandan education loan subsidy plan will appear on your screen.

Step 4: You need to click the Apply Online option.

Step 5: The application form will appear on your screen.

Step 6: Candidates must submit information about themselves and their bank accounts.

Step 7: You must upload documents such as your address proof and PAN card.

Step 8: To complete the application process, click the submit button.

Step 9: Your subsidy will be deposited into your bank account.

Assam Abhinandan Education Loan Subsidy Scheme Important Links