APUN GHAR
Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR
6.4/10Apun Ghar is a new home loan scheme for Assam Government employees as per announcement made in the Budget Speech,2016-2017 under which home loans will be provided to the State Government employees at subsidized interest rates.
States / UT: Assam
Nodal department: Finance Department
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): Yes
Scheme open date: 2016-03-16
Categories: Banking,Financial Services and Insurance
Target beneficiaries: Individual
Tags: Loan, Insurance, Interest Subvention, State Government Employee
Details
Apun Ghar is a new home loan scheme for Assam Government employees as per announcement made in the Budget Speech,2016-2017 under which home loans will be provided to the state Government employees at subsidized interest rates to purchase/construct a new house/flat, purchase of an existing/old house/flat or takeover of Home Loans from other Banks only. With Assam Government Interest Subvention Scheme of 3.50%, the present effective rate will be 5% for women and 5.05 % for men.
The subsidy amount will be released by way of credit to the Salary accounts of the employees from where the installment towards the Home loan is recovered by charging to the prefunded subsidy account maintained by the Government of Assam. The list of beneficiaries will be submitted to Govt. of Assam on monthly basis after the release of the subsidy.
On the basis of SBI’s proposal,the State Government has decided to provide a loan repayment schedule to the State Government employees with pensionable service beyond the age of retirement up to 70 years of age. SBI offered this proposal for those employees who maintain their pension account with SBI and who would provide an undertaking and Standard Instruction (SI) to SBI for the suitable deduction against the EMIs from the pension account.
Benefits
- 1) The State Government has decided to provide a subvention of interest @3.5 % and after applying this interest subvention the employees would get housing loans upto ₹15.00 lakh@ 5.0% (for women) and @ 5.05 %(for men) 2) On the basis of the SBI Proposal the state government has decided to provide a loan repayment schedule to the State Government employees with pensionable service beyond the age of retirement up to 70 yrs of age. 3) The SBI will take responsibility to deduct the housing loan beyond the age of retirement up to 70 years as such the pension accounts are with SBI. For the convenience and interest of employees the deduction of EMIs will be adjusted in such a way to be on the higher side during the service period and it will be on the lower side after their retirement period. 4) There will be no need for a mortgage of property for a loan amount up to ₹10.00 lakh. However the SBI has referred this matter to their corporate center to increase the margin up to ₹15.00 lakhs. 5) The SBI team will ensure that the employees get hassle-free service and that concerned departments get a single dedicated window at the bank level for all dealings related to the scheme. 6) The house/flat purchased /constructed with the Bank’s finance would be insured comprehensively for risk of fire/riots/earthquake/lightning/floods. etc by the employees. 7) Check-off facility will be given by the Drawing and Disbursing Officer of the concerned employees for recovery of interest and principal from the salary of the employee. 8) The reduced rate of Interest on Housing loans with State government subvention will be applicable up to 240 EMI i.e up to 20 years of EMI deduction
- The State Government has decided to provide a subvention of interest @3.5 % and after applying this interest subvention, the employees would get housing loans upto ₹15.00 lakh@ 5.0% (for women) and @ 5.05 %(for men)
- On the basis of the SBI Proposal, the state government has decided to provide a loan repayment schedule to the State Government employees with pensionable service beyond the age of retirement up to 70 yrs of age.
- The SBI will take responsibility to deduct the housing loan beyond the age of retirement up to 70 years as such the pension accounts are with SBI. For the convenience and interest of employees, the deduction of EMIs will be adjusted in such a way to be on the higher side during the service period and it will be on the lower side after their retirement period.
- There will be no need for a mortgage of property for a loan amount up to ₹10.00 lakh. However, the SBI has referred this matter to their corporate center to increase the margin up to ₹ 15.00 lakhs.
- The SBI team will ensure that the employees get hassle-free service and that concerned departments get a single dedicated window at the bank level for all dealings related to the scheme.
- The house/flat purchased /constructed with the Bank’s finance would be insured comprehensively for risk of fire/riots/earthquake/lightning/floods. etc by the employees.
- Check-off facility will be given by the Drawing and Disbursing Officer of the concerned employees for recovery of interest and principal from the salary of the employee.
- The reduced rate of Interest on Housing loans with State government subvention will be applicable up to 240 EMI i.e up to 20 years of EMI deduction
Eligibility
- Permanent Employees of State Government of Assam with at least 5 years residual service will be eligible for the scheme once in his/her service tenure.
- Minimum 21 years and at least 5 years residual service to be eligible for the loan and maximum of 70 years for employees with pensionable service and maximum of 60 year for non-Pensionable service
- The benefits of interest subvention will be available to the eligible employees who apply for housing loan within 2 (two) years from the date of issuance of the Government Office Memorandum/Notification
- Employees not having salary account with SBI or having salary account for less than 1 Year should submit a ‘No Dues’ certificate from his existing/previous Banker.
- However, an employee can avail more than ₹ 15 Lacs but the Assam Government Interest Subvention Scheme will be available on loan up to the prescribed limit under the scheme.
- Close relatives can avail the Loan jointly if all are government employees of Assam. In such cases Assam Government Interest Subvention scheme will be available on loan clubbing together the prescribed limit under the scheme.
- Those who already benefited under Apun Ghar scheme are not eligible.
- Purchase of an ancestral plot of land from any close relative like Parents/Spouse/Siblings/Children is not covered by the scheme under any circumstances.
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.
- Accessibility6.0
- Financial impact9.5
- Rural utility5.0
- Awareness4.5
- Simplicity3.0
- Inclusivity8.0
What problem does this scheme solve?
The scheme provides significant financial support to Assam Government employees for housing loans, but its accessibility is limited to a specific demographic.
Key challenges addressed
- High interest rates on housing loans for government employees
Most beneficial for
- Permanent employees of the Assam Government
- Women government employees
Likely challenges
- Limited awareness among eligible employees
- Complex application process
Practical insights for citizens
The scheme is practical but may face challenges in rural areas due to limited banking infrastructure.
Rural challenges
- Limited access to SBI branches
- Potential lack of awareness about the scheme
Implementation bottlenecks
- Dependency on DDO for application processing
Awareness challenges
- Low awareness among eligible employees
Application analysis
- Application mode
- Offline office
- Documents burden
- Moderate, requires salary certificate and application form
- Verification complexity
- Moderate, involves scrutiny by DDO and SBI
- Office dependency
- High, requires interaction with DDO and SBI
- DBT dependency
- Low, as benefits are credited to salary accounts
- CSC support
- Limited, primarily through DDO
- Estimated citizen effort
- Moderate, requires multiple steps and follow-ups
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- One-time upon loan approval
- Benefit practicality
- High, as it reduces the effective interest rate significantly
- Financial meaningfulness
- High, as it provides substantial savings on housing loans
- Long-term impact
- Positive, as it encourages home ownership among government employees
Plain-language guidance
The Apun Ghar scheme helps Assam Government employees get housing loans at lower interest rates. It is designed for those with at least 5 years of service.
- Who should apply
- Permanent employees of the Assam Government looking for housing loans.
- Who may struggle
- Employees who are not aware of the scheme or have difficulty with the application process.
- Best application route
- Apply through your Drawing and Disbursing Officer (DDO) at your workplace.
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
Offline
Step 01: Employees will apply through an application form specially designed for the scheme through their respective Drawing and Disbursing Officer(DDO)
Step 02: Salary Certificate with Deduction, Grade, Date of Joining, Date of retirement, Nature of Service Pensionable or non-pensionable any other required information will be certified by DDO who will do preliminary scrutiny and forward the application along with check off letter to the special team at SBI. Each DDO will be mapped to a special team located nearby.
Step 03: The file would be processed for sanction by a special team to be formed at each regional business office and some identified SBI Branches. This will ensure that the employees get hassle-free service and the concerned department get a single dedicated window at the bank level.
Step 04: Upon finding the case suitable for consideration under the scheme, the Special Team will accord sanction based on the criteria of the proposed scheme as prescribed by the Bank.
Step 05: Post Sanction, the file would be sent for documentation and Disbursement to a branch nearer either to the place of property or place of posting as per the choice of the applicant
Step 06: A grievance redressal cell is to be created at each regional business office and some identified SBI Branch and Local head office, Guwahati particularly for the scheme to take care of grievances of the Employees of the govt. of Assam
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- What Is The Subvention Of Interest For State Government Employee Under This Scheme?
The State Government has decided to provide subvention of interest @3.5 %
- Who Will Take The Responsibility To Deduct The Housing Loan Beyond The Age Of Retirement Up To 70 Years?
The SBI will take responsibility For deduct the housing loan beyond the age of retirement up to 70 years.
- Is There Any Need Of Mortgage Of The Property For The Loan Amount?
There will be no need For a mortgage of property for a loan amount up to ₹10.00 lakh. However, the SBI has referred this matter to their corporate center to increase the margin up to ₹ 15.00 lakhs
- Will The House/Flat Purchased/Constructed With The Bank’s Finance Would Be Insured Comprehensively?
The house/flat purchased/constructed with the Bank's finance would be insured comprehensively for risk of fire/riots/earthquake/lightening/floods. etc by the employees.
- For How Many EMI Will The Reduced Rate Of Interest On Housing Loan With State Government Subvention Will Be Applicable?
The reduced rate of Interest on Housing loan with State Government subvention will be applicable up to 240 EMI i.e up to 20 years of EMI deduction
- Who Are The Beneficiaries Of The Scheme?
Permanent Employees of the State Government of Assam with at least 5 years of residual service will be eligible for the scheme once in his/her service tenure.
- Can A Beneficiary Avail This Scheme Multiple Times?
Those who already benefited under Apun Ghar scheme are not eligible.
- What Is The Minimum And Maximum Years For A Beneficiary To Avail This Scheme?
Minimum 21 years and at least 5 years residual service to be eligible for loan and maximum of 70 years for employees with pensionable service and a maximum 60 year for non-Pensionable Service
- How Will The Beneficiaries Apply For The Scheme?
Employees will apply through an application form specially designed for the scheme through their respective Drawing and Disbursing Officer(DDO)
- Who Would Process The File For Sanctioning?
The file would be processed for sanction by a special team to be formed at each regional business office and some identified SBI Branches. This will ensure that the employees get Hassle-Free service and the concerned department get a single dedicated window at bank level.
- Who Will Take Care Of Grievances Of The Employee Of The State Government?
A grievance redressal cell to be created at each regional business office and some identified SBI Branch and Local head office, Guwahati particularly for the scheme to take care of grievances of the Employees of the govt. of Assam
- How Will The Subsidy Claim Be Lodged?
Subsidy claim will be lodged with the government of Assam on quarterly basis for Employees who avail the scheme Subsidy will be available for entire duration.
- How Is The Loan Going To Be Disbursed?
The disbursement of loan will be done in two types: Without Mortgage: Branch will disburse loan up to ₹ 10 lacs without creating mortgage. With Mortgage: Branch will disburse the loan above 4 10 lacs after the creation of an equitable mortgage.
Official links
References
- Guidelines
- https://finance.assam.gov.in/sites/default/files/INTEREST%20SUBVENTION%20SCHEME%20FOR%20HOUSING%20LOAN%20FOR%20REGULAR%20STATE%20GOVERNMENT%20EMPLOYEES%20UNDER%20APUN%20GHAR%2C%20FILENO.%20FM.45.2016.157%2C%20DTD.21.03.2017_1.PDF
Apply
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Frequently asked questions
- What is the purpose of Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Eligibility for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Benefits under Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Yes, eligible applicants may be able to apply online for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Applications for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR available in all states?
- No, Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Eligibility for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR is generally limited to residents of Assam unless otherwise specified in the official scheme guidelines.
- Does Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR provide healthcare or insurance support?
- Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR may provide healthcare assistance, insurance coverage, cashless treatment support, medical reimbursement, or hospital-related benefits depending on the scheme structure.
- Can beneficiaries use Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Are there deadlines for applying to Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Some schemes may operate through fixed application windows, annual registration cycles, or department-specific deadlines depending on scheme implementation policies.
- Can beneficiaries track application status for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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 Interest Subvention Scheme For Housing Loan For Regular State Government Employee Under APUN GHAR 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.