Abhinandan Scheme Assam 2024: Apply Online, Eligibility & Benefits

Abhinandan Scheme Assam: Education is one of the main priorities of our current government so the government of Assam has declared the Abhinandan Scheme for the year 2024. Today in this article, we will share with you all the details about the Abhinandan Scheme Assam.

Abhinandan Scheme Assam

In this article, we will share the online application process for the scheme. Also, we will share the eligibility criteria and benefits which will be provided to all of the beneficiaries of the Abhinandan Education Loan Subsidy Scheme in Assam state. The amount of incentive which will be provided to the beneficiaries is also mentioned in this article.

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Assam Abhinandan Scheme

We all know that education is one of the most important assets that a human being can possess so the Government of Assam has come up with the Abhinandan scheme. Which it will provide a one-time incentive to all of the beneficiaries who will be selected under the scheme. The scheme is mainly for the students of Assam state who are pursuing higher education also it is said that there are almost 5000 students who are pursuing higher studies in Assam. Almost 1500 students will be selected in this batch of the scheme.

Overview of Abhinandan Education Loan Subsidy Scheme

NameAbhinandan Education Loan Subsidy Scheme
Launched ByBy Assam Government
Year2024
BeneficiariesHigher Understudies
Application ProcedureOnline
ObjectiveProviding 50000 Rupees to the Students Who Take Educational Loans
CategoryAssam Government Schemes
Official Websitewww.assamfinanceloans.in/subsidy/welcome

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Benefits Of the Abhinandan Education Loan Subsidy Scheme

Many benefits will be provided to all of the beneficiaries under the Abhinandan scheme. One such benefit is a one-time incentive of 50000 which will be distributed to all Eligible candidates. Also, there are no separate eligibility criteria for all of the beneficiaries. The only criteria are that the incentive will be provided to all of the students who are pursuing higher education in Assam state. This scheme will ensure that each and every student is getting higher education without the problem of financial funds.

Implementation Of The Abhinandan Scheme Assam

As mentioned above the Abhinandan scheme will be implemented very soon in the Assam state. The first batch of the scheme will benefit almost 1500 students across Assam state. In the next batch, the remaining 3000 students will be offered the incentive of 50000 rupees so that they can carry on their higher education without any worry about financial problems. The implementation of this Abhinandan Scheme Assam

will help the young students. The first batch will receive the sanctioned amount by 4 pm on Friday. The aim of the scheme is to provide a loan waiver to students of Assam who have availed of education loans.

Inauguration Of The Abhinandan Scheme Assam

The Abhinandan scheme in the Assam state was inaugurated recently in a Press Conference which was conducted in Guwahati. Chief Minister Sonowal was the chief guest of the program held at the Srimanta Sankardeva International Auditorium. Also, Finance Minister Himanta Biswa Sarma was the guest of honor while Education Minister Siddhartha Bhattacharya attended the program as the special guest. Several senior officials of the State Finance Department and senior officials of executing financial institutions like SBI were also present at the function.

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Eligibility Criteria

To be eligible for the Assam Abhinandan scheme, the applicant must follow the following eligibility criteria given below:-

  • First of all, the applicant must be a permanent resident of Assam state.
  • The applicant must be pursuing higher education in Assam state from any of the recognized colleges.
  • The applicant should have taken loans of a minimum of 1 lakh.
  • The loan should have been sanctioned before March 31, 2019.
  • No minimum income criteria are finalized.
  • The scheme will be available through all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam.

In Eligible Citizens

  • There are many people from the seat who will not be eligible to apply for the scheme and they are as follows:
  • People who have not paid their repayment of the installment at a specific time.
  • If you are already a beneficiary of the Vidhya Lakshmi scheme, then you are not eligible for this scheme.
  • All educational loans are declared as Non Performing Assets after a specific duration of 90 days.

Abhinandan Scheme Assam Application Process

  • Open the Official Webpage of the scheme.
  • The homepage of the website will appear.
Abhinandan Scheme Assam
  • Click on the Apply Now option under the Abhinandan Scheme Assam tab.
  • A new application form will appear.
Application Process
  • Provide all the details of the form like Name, Personal Details, Email id, Mobile Number, etc.
  • Now click on the submit option.

Official Login

  • Open the Official Webpage of the scheme.
  • The homepage of the website will appear.
  • The Official Login form will also open on the screen.
  • Select the bank branch.
Official Login
  • Now enter the username and password.
  • Click on the Login option.

Track Application

  • Open the Official Webpage of the scheme.
  • The homepage of the website will appear.
  • Hit the Track Application option.
  • A new popup application form will open.
Track Application
  • Enter the Application Number and Mobile Number.
  • Now click on the Submit option.
  • The status will open on the screen.

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