Abhinandan Education Loan Subsidy Scheme

Key facts

Benefit	₹50,000 one-time subsidy
Who	Residents of Assam
How paid	One-time subsidy on education loans
Implemented by	Government of Assam
Official portal	assam.gov.in
Application window	Open all year for eligible students in Assam

Benefits

Beneficiaries receive a one-time subsidy of ₹50,000 on education loans exceeding ₹1 lakh, aimed at supporting higher education.

Who can apply

Resident of Assam
not income tax payer
no government employee in family
poor household

Applicants must be permanent residents of Assam and should not be government employees. Additionally, the student's family should not have any income tax payers and must belong to a poor household.

Who is not eligible

Government employees
Existing beneficiaries of Bidya Lakshmi Scheme

How to apply

Applications can be submitted online through the official website of the scheme.

Visit the official website for the Abhinandan Education Loan Subsidy Scheme.
Click on the apply option for the scheme.
Fill in the required details in the application form.
Upload the necessary documents as specified.
Submit the application form.

Apply on the official website ↗

Documents required

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

Common problems and how to fix them

Problem	What to do
Application rejected	Ensure that the student is a permanent resident of Assam and has taken a loan of more than ₹1 lakh from a recognized bank.
Payment not received	Verify that the loan was taken from a commercial or rural bank recognized by the Reserve Bank of India.

Frequently asked questions

What is the maximum subsidy available under this scheme?

The maximum subsidy that can be availed is ₹50,000 for education loans up to ₹1 lakh.

Is there a specific percentage of the loan that needs to be paid to apply?

Yes, applicants must pay 25% of their education loan to be eligible for the subsidy.

Who is eligible to apply for this scheme?

Only permanent residents of Assam can apply, and they must not be government employees.

What is the minimum loan amount required to qualify for the subsidy?

The education loan must be at least ₹1 lakh to be eligible for the subsidy.

Can beneficiaries of the Bidya Lakshmi Scheme apply for this subsidy?

No, individuals who have already benefited from the Bidya Lakshmi Scheme are not eligible to apply for this scheme.

Always confirm the latest details on the official portal before applying.