Abhinandan Education Loan Subsidy Scheme 2.0: Apply Online, Check Subsidy Status and Benefits

The government of Assam is set to launch the Abhinandan Education Loan Subsidy Scheme 2.0. According to the official report, the scheme will be launched on 5 September. Under this scheme, the government will provide a subsidy of up to rupees 50,000 on loans which will be taken to finance higher education. The scheme will be launched to support students financially by providing them subsidies on the loan amount which will be taken for education purposes.

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All the students who are pursuing higher education and are permanent residents of the state of Assam will benefit from this scheme. The applicant can visit the official website to check the other details related to this program. Read more to know about the eligibility criteria and benefits of this scheme.

Purpose of Abhinandan Education Loan Subsidy Scheme 2.0

The purpose of the Abhinandan Education Loan Subsidy is to provide subsidized loans to students who will be pursuing higher education in the state of Assam. The students who are not able to afford higher education will benefit from this scheme. The government intends to provide around subsidy of 50,000 on loans which will be given to the students. The scheme will help the students to achieve their dreams and goals of life. The students can complete their education without any financial burden. The benefits under this scheme can be availed only once by the beneficiary.

Also Read: Assam Nijut Moina Scheme

Short Summary of Abhinandan Education Loan Subsidy Scheme 2.0

Name of the schemeAbhinandan Education Loan Subsidy Scheme 2.0
Announced byThe government of Assam
BeneficiariesThe students who aim to achieve higher education
BenefitsThe government will provide subsidized loans to the students
StateAssam
Application ModeOnline
Year2024
Official websiteWill be launched soon

Eligibility Criteria

The eligibility criteria for applying under this scheme are simple and are given below:-

  • The applicant should be a permanent resident of the state of Assam.
  • The children of sitting public representatives like MPs, MLAs, and panchayat functionaries and the permanent employees in the government or government PSUs are not eligible.
  • Any loan account classified as a nonperforming asset by the banks will not be eligible under this scheme.

Also Read: Assam Scooty Merit Listย 

Loan Amount

The minimum amount of loan that will be given under this scheme is rupees 2 lakh.

Date of Announcement

The scheme was announced by the chief minister of Assam on 20 August 2024

Benefits of Abhinandan Education Loan Subsidy Scheme 2.0

The benefits of this scheme are given below:-

  • Under this scheme, the government will provide subsidized loans to students who wish to pursue higher education.
  • The subsidy of the loan amount will be around 50,000 rupees under this scheme
  • The government intends to provide a loan amount of a minimum 2 lakh rupees to the students.

Also Read: Assam Pragyan Bharati Scooty Scheme

Required Documents

The documents required for registering under this scheme are given below:-

  • Aadhar card
  • Parent identification documents
  • Bank loan documents
  • Residence certificate

Selection of Beneficiary

The beneficiary will be selected by the government through the below-given procedure:-

  • The applicant should clear all the eligibility criteria to avail the benefits of this scheme.
  • The applicant should be a permanent resident of the state of Assam.

Abhinandan Education Loan Subsidy Scheme 2.0 Online Apply

To apply under this scheme the applicant should follow the below procedure step by step:-

Step 1:- Firstly visit the official website of the scheme for applying under this scheme.

Step 2:- on reaching the homepage of the official website, the applicant should click on the apply now button.

Step 3:- on the next page you need to provide all the necessary information about yourself and attach all the documents that have been asked to submit.

Step 4:- after this scroll down to click on the submit button to complete your application process.

FAQs

What is the Abhinandan Education Loan Subsidy Scheme 2.0?

The scheme was announced by the government of Assam to provide subsidized loans to the students for pursuing higher education.

What is the eligibility criteria for applying under this scheme?

The applicant should be a permanent resident of the state of Assam.

What are the benefits of this scheme?

The applicant will receive a loan of rupees 2 lakh on the subsidized rate.

Can I apply online for this scheme?

Yes you can apply online for this scheme by visiting the official website of the scheme.

Direct Link

Official WebsiteAbhinandan Education Loan Subsidy Website
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