The Assam government has launched a new scheme called “Assam Abhinandan Yojana”, according to this scheme, students will get Rs. 50000 / – for his higher education Rs. The scheme is a step forward by the state government of Assam to encourage students for higher education and to support them financially. Detailed information of Assam Abhinandan Yojana like application process, eligibility criteria, benefits of the scheme and other related information given below in this article.
Key points of Assam Abhinandhan Scheme
| Name of the scheme | Assam Abhinadan Scheme |
| Launched by | Government of Assam |
| Launched on | 26th December, 2019 |
| Launched for | Students |
| Benefits | Education loan waiver |
| Scheme type | State government scheme |
| Application mode | Online |
About Assam Abhinandan Yojana 2020
On 26 December 2019, the Honorable Chief Minister Sarbananda Sonowal announced the scheme in an event in the presence of Finance Minister Himanta Biswa Sarma, Education Minister Siddharth Bhattacharya, several senior officials of the State Finance Department and senior officials executing financial institutions like SBI. Srimanta Sankardev International Auditorium. Under this scheme, students and their parents who have taken an education loan of Rs. 1 lakh and above can enroll them for this loan waiver scheme before 31 March 2019.
Benefits of the Assam Abhinandan Yojana
Loan amount is Rs. 50000 / – is exempt from Government. Those who have since 1 April 2019 Rs. After paying 25% of the loan amount of 1 lakh and above, one can enroll for this scheme to get the rebate benefit. Under this scheme, loans from commercial banks like Federal Bank and HDFC and regional rural banks like Assam Rural Regional Bank are applicable. Grab the information you need to know by reading the next session of this web page.
Benefit of the Assam Abhinandan Yojana
- Encourage students for higher education
- Help students for their education
- Loan waiver up to 50000 / – on loan amount of Rs. 1 lakh or above
Eligibility criteria of Assam Abhinandan Yojana
- Applicant must be a permanent resident of the State of Assam
- Applicant should take loan from Commercial Bank Grameen Bank within Assam
- Bank should be recognized by Reserve Bank of India
- Loan amount should be Rs. 1 lakh or more
Application procedure for Assam Abhinandhan Yojana
The state government of Assam is yet to disclose a prescribed procedure for the application of the scheme, but will release soon. Some common application steps that you need to follow are as follows. We will update the detailed process released.
- Open official website for application
- Search application link related to the scheme
- Click on the application link to open the application form
- Fill the application form with necessary details
- Upload required documents
- Submit application form and take print out