Assam Abhinandan Education Loan Subsidy Scheme 2026: Eligibility For Students

The students of Assam who are looking for the education loan facility from the state must check out this Page and get the information regarding the new welfare schemes “Assam Abhinandan Education Loan”. The government provide education loans for students who want to pursue their higher education. The loan facility is given to those who are not financially stable. The government provide the loan subsidy of up to rupees 50000 for the students. The scheme was introduced by the Assam government in 2019.

Till now, the schemehas beens continuously working for the Welfare of students in the education department. This is the one time loan subsidy for students under the education loan category. The student can take a loan from banks such as HDFC and Federal Bank. So those who are interested in the next edition 2.0, which was launched in 2024, must check out the eligibility criteria, benefits and other requirements of the scheme.

Assam Abhinandan Education Loan Subsidy Scheme 2026

The scheme was launched by Chief Minister Hemanta Biswas Sharma to provide a loan subsidy of up to rupees 50000 for those who will take an education loan of more than 1 lakh for higher studies. This Abhinandan Education Loan 2.0 was introduced by the government in 2024, where they requested the parents to take an education loan to continue their children’s education.

The loan facility is provided by all commercial banks. In this article, you will get the inside information on the scheme. The student who wants to apply for the scheme can apply through online and offline modes. The applicants who are billed to apply only need to pay 25% of the total loan amount. The Federal Bank, Assam Rural Regional Bank, HDFC Bank, and all the commercial banks are included under the scheme for the education loan facility.

Main Highlights Of The Scheme

Features of the Scheme

• The main feature of the scheme is to help higher Secondary students who want to continue their education.
• The government help those families who are not able to afford higher education for their children.
• These families can get the education loan subsidy under the Abhinandan 2.0 loan scheme.
• The government provide rupees 15000 subsidy on the loan amount above 1 lakh rupees.
• This is the one time grant and a subsidy provided by the government to the applicant.
• This scheme and courage the student to continue their studies and make their future bright.
• This is one of the education welfare schemes where the student will get financial support from the state.

Eligibility Criteria

• Only the permanent residents of Assam are eligible to get this benefit.
• The student will get an education loan for higher studies.
• Those who will take the loan from the rural banks and other commercial banks are eligible.
• Only the recognised Banks are eligible under the scheme.
• The government sanctioned the subsidy only for educational purposes.
• The family must take an education loan of above Rs 1 lakh to avail the Subsidy amount and get eligible under the scheme.

Documents Required

• Aadhar card of the applicant
• Age proof (birth certificate or 10th class marksheet)
• Parents Aadhaar Card
• Residential proof certification
• Loan documents from the bank

Not Eligible

• Children of MLAs and MPs are not eligible for an education loan subsidy.
• The student who has already received the subsidy under any other education loan scheme is not eligible for this scheme.
• Those who have already benefited under the Bidya Lakshmi Scheme are not eligible to fill out the application.
• The government provide the education loan subsidy for those who are really in need.

How to Get an Education Loan 2.0 Subsidy?

• If you want to get the subsidy after Rs 50000, you must apply for the Assam Abhinandan Education Loan scheme.
• The application process is very simple, and you just need to visit the official website.
• On the official website, they will provide you with the registration link.
• For the registration procedure, provide your details and create the account.
• Once you create your account and are eligible for the login, proceed with the application procedure.
• For that login with your user id and password.
• Then go to the scheme section and click on the Abhinandan education loan subsidy option.
• They will direct you to the Finance Department of Assam website, where all the instructions will be given.
• Read the instructions carefully and proceed with the application form.
• In the application form, enter your personal details and other important documents.
• Upload the scanned copy of all the documents with the passport-sized photographs.
• Preview the application form, check all the information and finally click on the Submit button.
• The official authorities will verify all your documents and sanction the loan amount with a 50000 subsidy.
• The Subsidy amount is directly transferred to the bank account that you have mentioned in the application form.

FAQ