"Assam Abhinandan Education Loan Subsidy Scheme" was launched on 26 December 2019.

The "Assam Abhinandan Education Loan Subsidy Scheme" was launched by the Hon'ble Chief Minister of Assam.

The govt. will provide a loan subsidy of up to ₹ 50,000 on education loans to students pursuing higher education.

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.

The objective of this scheme is to encourage students to pursue higher studies by providing subsidies on education loans.

No, only the students who are permanent residents of the state of Assam can apply to this scheme.

The scheme guidelines can be found at this link - https://assam.gov.in/assam-abhinandan-education-loan-subsidy-scheme

The education loan should be a minimum of ₹ 1,00,000.

No, this scheme only accepts online applications.

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

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".