AAELSS
Assam Abhinandan Education Loan Subsidy Scheme
5.7/10"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019 by the Hon'ble Chief Minister of Assam. The scheme is managed by the Finance Department, Govt. of Assam. The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education.
States / UT: Assam
Nodal department: Finance Department
Scheme for: Individual
Scheme profile
Categories: Banking,Financial Services and Insurance
Sub-categories: Loan
Target beneficiaries: Individual
Tags: Education, Loan, Student
Details
"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019 by the Hon'ble Chief Minister of Assam. The scheme is managed by the Finance Department, Govt. of Assam. The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education. This scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam. The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans. The applicant students can apply for the subsidy by paying 25% of their loans. Only the students who are permanent residents of the state of Assam can apply to this scheme.
Benefits
- The govt. will provide a loan subsidy of up to ₹50,000/- per student
The govt. will provide a loan subsidy of up to ₹ 50,000/- per student.
Eligibility
- The applicant student should be a permanent resident of Assam.
- The Education Loan should have been availed from any Scheduled Commercial Bank or Regional Rural Bank within the state recognized by the Reserve Bank of India.
- The education loan should be a minimum of ₹ 1,00,000.
How useful is this scheme?
A practical look at this scheme for citizens
AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.
- Accessibility5.0
- Financial impact8.0
- Rural utility3.0
- Awareness4.0
- Simplicity6.0
- Inclusivity6.0
What problem does this scheme solve?
The Assam Abhinandan Education Loan Subsidy Scheme aims to support students in Assam pursuing higher education by providing loan subsidies.
Key challenges addressed
- Financial burden of education loans
Most beneficial for
- Students from Assam pursuing higher education
Likely challenges
- Digital literacy and access issues
- Awareness of the scheme among potential beneficiaries
Practical insights for citizens
The scheme's reliance on online applications may hinder access for some eligible students.
Rural challenges
- Limited internet access
- Lack of awareness about the scheme
Digital challenges
- High digital dependency may exclude non-tech-savvy individuals
Implementation bottlenecks
- Potential delays in subsidy disbursement
Awareness challenges
- Low awareness among rural populations
Application analysis
- Application mode
- Online portal
- Documents burden
- Moderate, requires several documents
- Verification complexity
- Moderate, involves bank verification
- Office dependency
- None, fully online
- DBT dependency
- No direct benefit transfer
- CSC support
- Limited, primarily online
- Estimated citizen effort
- Moderate, requires online navigation and document submission
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- One-time subsidy
- Benefit practicality
- Practical for students needing financial assistance
- Financial meaningfulness
- Moderately meaningful, as it reduces loan burden
- Long-term impact
- Encourages higher education, potentially improving future employment opportunities
Plain-language guidance
The Assam Abhinandan Education Loan Subsidy Scheme helps students in Assam by providing a subsidy on education loans. To apply, students must be permanent residents of Assam and have an education loan of at least ₹ 1,00,000.
- Who should apply
- Students from Assam pursuing higher education.
- Who may struggle
- Those with limited digital skills or access to the internet.
- Best application route
- Apply directly through the official online portal.
This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.
Application Process
Online
Step 1: Visit the official website. Navigate to the "Click here for Loan Subsidy" section.
Step 2: Click "Assam Abhinandan (Education Loan Subsidy Scheme)". You will be taken to "Application for Release for Subsidy". Fill in all the mandatory details: Applicant Name, Father’s Name, Date Of Birth, Address, Mobile Number, PAN Card Details, and Bank Details.
Upload the Supporting Documents: Loan Proof (Loan Sanction Letter, Loan Account Passbook, Statement of Loan), Address Proof, and PAN Card.
Step 3: Check the Declaration, and click "Save".
Check Application Status:
Step 1: Visit the official website. At the bottom right of the page, in the "Application Tracking" section, click "Track".
Step 2: On the next page, provide your Mobile Number, and Loan Account Number or Application Number, and click "Submit".
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- When Was "Assam Abhinandan Education Loan Subsidy Scheme" Launched?
"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019.
- Who Launched The "Assam Abhinandan Education Loan Subsidy Scheme"?
The "Assam Abhinandan Education Loan Subsidy Scheme" was launched by the Hon'ble Chief Minister of Assam.
- What Is The Maximum Amount Of Subsidy That I Can Receive On The Loan?
The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education.
- Does This Scheme Also Cover The Federal Bank And HDFC Bank?
Yes, this scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam.
- What Are The Objectives Of This Scheme?
The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans.
- Can Students From Other States Also Apply To This Scheme?
No, only the students who are permanent residents of the state of Assam can apply to this scheme.
- Where Can I Find The Link To The Scheme Guidelines?
The scheme guidelines can be found at this link - https://assam.gov.in/assam-abhinandan-education-loan-subsidy-scheme
- What Should Be The Minimum Amount Of The Education Loan?
The education loan should be a minimum of ₹ 1,00,000.
- Can I Apply Offline To This Scheme?
No, this scheme only accepts online applications.
- What Documents Are Required In Order To Apply?
The following documents are required - * Passport Sized Photograph of the Student * Student's Aadhaar Card * Proof of Identity of the Parents * Bank Loan Documents * Proof of Address * Residential/Domicile Certificate * Marksheets / Passing Certificate of the Previous Educational Qualification * PAN Card * Bank Details
- How Can I Check The Status Of My Application?
To Check the Application Status, follow the steps given below - Step 1: Visit the official website. At the bottom right of the page, in the "Application Tracking" section, click "Track". Step 2: On the next page, provide your Mobile Number, and Loan Account Number or Application Number, and click "Submit".
Official links
References
- Guidelines
- https://assam.gov.in/assam-abhinandan-education-loan-subsidy-scheme
- Description As On The Assam State Portal
- https://assam.gov.in/scheme-page/223
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Frequently asked questions
- What is the purpose of Assam Abhinandan Education Loan Subsidy Scheme?
- Assam Abhinandan Education Loan Subsidy Scheme is a government welfare initiative designed to support Individual, Individual through benefits related to Banking,Financial Services and Insurance, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
- Who can apply for Assam Abhinandan Education Loan Subsidy Scheme?
- Eligibility for Assam Abhinandan Education Loan Subsidy Scheme may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
- What benefits are offered under Assam Abhinandan Education Loan Subsidy Scheme?
- Benefits under Assam Abhinandan Education Loan Subsidy Scheme may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
- Which department manages Assam Abhinandan Education Loan Subsidy Scheme?
- Assam Abhinandan Education Loan Subsidy Scheme is managed by Finance Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
- Can users apply online for Assam Abhinandan Education Loan Subsidy Scheme?
- Yes, eligible applicants may be able to apply online for Assam Abhinandan Education Loan Subsidy Scheme through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for Assam Abhinandan Education Loan Subsidy Scheme?
- Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
- Where can users apply for Assam Abhinandan Education Loan Subsidy Scheme?
- Applications for Assam Abhinandan Education Loan Subsidy Scheme may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
- What documents may be required for Assam Abhinandan Education Loan Subsidy Scheme?
- Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
- Is income certificate required for Assam Abhinandan Education Loan Subsidy Scheme?
- Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under Assam Abhinandan Education Loan Subsidy Scheme.
- Is Assam Abhinandan Education Loan Subsidy Scheme available in all states?
- No, Assam Abhinandan Education Loan Subsidy Scheme is primarily available for eligible residents of Assam and may be implemented through state government departments and local administrative offices.
- Can residents outside Assam apply for Assam Abhinandan Education Loan Subsidy Scheme?
- Eligibility for Assam Abhinandan Education Loan Subsidy Scheme is generally limited to residents of Assam unless otherwise specified in the official scheme guidelines.
- Can students apply for Assam Abhinandan Education Loan Subsidy Scheme?
- Eligible students studying in recognised institutions may apply for Assam Abhinandan Education Loan Subsidy Scheme depending on educational qualification, category, income limit, and academic eligibility.
- Is scholarship amount provided under Assam Abhinandan Education Loan Subsidy Scheme?
- Assam Abhinandan Education Loan Subsidy Scheme may provide scholarship assistance, tuition support, educational reimbursement, or financial aid for eligible students.
- Does Assam Abhinandan Education Loan Subsidy Scheme provide healthcare or insurance support?
- Assam Abhinandan Education Loan Subsidy Scheme may provide healthcare assistance, insurance coverage, cashless treatment support, medical reimbursement, or hospital-related benefits depending on the scheme structure.
- Can beneficiaries use Assam Abhinandan Education Loan Subsidy Scheme at government hospitals?
- Eligible beneficiaries may be able to access services at empanelled hospitals, government healthcare facilities, or authorised healthcare providers depending on scheme participation rules.
- Can CSC centres help users apply for Assam Abhinandan Education Loan Subsidy Scheme?
- Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
- How can users check the latest updates for Assam Abhinandan Education Loan Subsidy Scheme?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Can beneficiaries track application status for Assam Abhinandan Education Loan Subsidy Scheme?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for Assam Abhinandan Education Loan Subsidy Scheme in Assam?
- Users in Assam may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
- Which nearby public services may help with Assam Abhinandan Education Loan Subsidy Scheme applications?
- Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.