Assam State minister of finance Himanta Biswa Sarma attended the ceremonial launch of ‘Abhinandan’-a progressive scheme by the state Finance department on December 26.
According to reports, the scheme will provide just one occasion subsidy of Rs. 50,000 in education loan to 1546 students.
Under the Abhinandan Education Loan Subsidy Scheme of last year, students who have taken education loans from banks at any point of your time will get a subsidy of Rs. 50,000.
Students can check eligibility criteria and apply online for Abhinandan Scheme at assam gov website to urge your name enrolled in list of beneficiaries.
All Candidates who are willing to use online application then download official notification and skim all eligibility criteria and application process carefully. we’ll provide short information about “Abhinandan Education Loan Subsidy Scheme 2020” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more.
Procedure to use Online Abhinandan Education Loan Subsidy Scheme form 2020
Step 1- Visit Website of Abhinandan Education Loan Subsidy Scheme i.e. https://assamfinanceloans.in/.
Step 2- On the Homepage, Click on the choice “Apply” button.
Step 3- form page are going to be displayed on the screen.
Step 4- Now enter the specified details (Mention all the small print like Applicant Name, Father’s Name, Date Of Birth, Address, Mobile Number, Pan Card Details, Bank Details and other information) and upload documents (Loan Proof, Address Proof & Pan Card Proof).
Step 5- Click on Submit Button for the ultimate submission of the appliance .
Note: After successful submission of application, the appliance should take a print of the appliance form and keep it safely for future reference. then Assam Government will deposit subsidy amount of Rs. 50,000 into your education loan account.
Procedure to trace status of Abhinandan Education Loan Subsidy Scheme List 2020
Step 1- Visit the Website of Abhinandan Education Loan Subsidy Scheme i.e. https://assamfinanceloans.in/.
Step 2- On the Homepage, Click on the choice “Track” button.
Step 3- Application Tracking popup page are going to be displayed on the screen.
Step 3- Now enter the Mobile no and Loan Account No. Or Application Number.
Step 4- After entering, click on the submit button and Abhinandan Education Loan Subsidy Scheme status and beneficiary list show on the screen.
Important Document to use Online
Student’s Aadhaar Card
Parent Identification Documents
Bank loan documents
Also read: Amma Two Wheeler Scheme
- Applicant should be a permanent resident of Assam
- Education loan from any Scheduled full service bank or Regional Rural Bank within the state.
- No income criteria.
- Education loans sanctioned before 31 Saint Joseph , amounting Rs. 1 Lakhs or more
- For all education loans sanctioned since 1 April 19, after disbursement of 25% of the sanctioned loan amount.
- Beneficiaries already benefitted under “Bidya Lakshmi” scheme isn’t eligible for application of this scheme
- Loan accounts must not be under NPA Status
The objective of this program is to increase relief to those permanent residents of the State, who have taken education loans or are within the process of taking education loans for his or her children to pursue their dreams of getting education .
This shall also promote many young and bright students who are unable to pursue their education thanks to financial constraints to require education loans in future.
The state govt. of Assam has taken various initiatives to maximise academic opportunities for college kids .
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