Assam Government took a step towards encouraging education amongst the underprivileged through the Abhinandan Education loan subsidy scheme. Education is a tool that provides the people with knowledge, skill, information and enables them to know their rights and duties toward society and the nation. It expands their vision and outlook to see the world. It develops the unparalleled capabilities to fight against injustice, violence, corruption, and many other harmful elements.
Assam Government has already proved its mettle by launching several social schemes for the welfare of society. Abhinandan Education Loan Subsidy Scheme is an essential feather added to the cap by the Assam Government. The plan is a great initiative to help those who are not able to pursue their higher studies due to financial flux. Assam Government realizes the very fact of how important is education for society.
Through Abhinandan Education Loan Subsidy Scheme, Assam Government is ensuring that no one is left untouched. The scheme aims at covering maximum applicant who wants to study further and build their dreams. The plan is to promote education amongst all society sections and ensure that all curious students get covered under the scheme’s garb.
The Assam Government launched the Abhinandan Education Loan Subsidy Scheme to promote education for all. CM Assam, on 26 December 2019, started Abhinandan Yojana during a program held at Srimanta Sankardev Kalakshetra situated in Guwahati.
In this current scheme, around 50,000 subsidies are provided on educational loans to all students who want to pursue higher studies. Abhinandan educational loan subsidy scheme launched to take care of the students of Assam. Those who wish to gain higher education but cannot achieve anything because of the financial situation can rely on this scheme.
Under the current scheme, the Government will encourage students to pursue higher studies by providing Rs—50,000 subsidy on education loans. This scheme is implemented in a phased manner. The state government ascertained that this scheme would immensely help students who have availed of students loan.
The Assam Abhinandhan Education Loan Subsidy Scheme online application form is available on its official website. The scheme covers all other commercial banks like the Federal Bank or HDFC and the regional rural banks like Assam Gramin Vikash Bank within Assam.
The prime objectives of the Abhinandan Education Loan Subsidy Scheme include:
The main benefit that the Government shall provide to the curious applicant who wants to apply for this scheme is the availability of Rs. 50000 on any educational loan taken by the Assam state students. The students will cover their educational loan payment through the 50000 rupees visually provided to them by the Government of Assam. This 50000 rupee has been provided to the 5,000 students of Assam States who have taken educational loans to cover their higher education cost. The Government has previously launched the same scheme in the year 2016 also.
To apply for this Abhinandan Education loan subsidy scheme, the applicants must fulfill the following eligibility criteria:
The Abhinandan education loan subsidy scheme of Assam’s state will help students who have taken students loan. For new student beneficiaries, the state government has launched a website, www. assamfinanceloans. in. Students can easily register by 20 September 2020 to avail themselves of its benefits. In the online form, the applicant must provide information about her or his father’s name, guardian’s name, contact information, Pan Card, and other details about the loan & the IFSC code of the branch from which it is availed.
Step 1- The Applicants need to visit the Official Website of Abhinandan Education Loan Subsidy Scheme, i.e., https://assamfinanceloans.in/.
Step 2- On the Homepage, they need to click on the Option “Apply” button.
Step 3- The Application Form shall be successfully displayed on the screen.
Step 4- Now, the applicants need to enter the required details 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- The applicants need to click on Submit Button for the final submission of the application.
Note: After successfully applying, the applicant must print the application form and keep it safe for future reference. After that Assam Government will deposit a subsidy amount of Rs. 50,000 into your education loan account.Apply-Online-for-Abhinandan-Education-Loan-Subsidy
Step 1- Visit the Official Website of Abhinandan Education Loan Subsidy Scheme, i.e., https://assamfinanceloans.in/.
Step 2- On the Homepage, Click on the Option “Track” button.
Step 3- Application Tracking popup page 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 the Abhinandan Education Loan Subsidy Scheme status and beneficiary list show on the screen.
The applicant has to upload documents as proof of address, copy of pan card, and proof of education loan availed.
Any of the following documents shall act as address proof:
Any of the following documents shall act as identity proof:
As an Aatmnirbhar Sena, we are doing our best to Aid and Assist the Assam government in fulfilling the Abhinandan Education Loan Subsidy Scheme’s dream. The scheme is a bold reform towards the education sector that has suffered a lot during the coronavirus phase. We shall lead and usher all curious applicants in overcoming the hindrance lying on the way.
We shall ensure its success in the long run. The Abhinandan Education Loan Subsidy Scheme should be a grand victory for all if we managed to be the Government’s voice and implement it in the desired manner.