Apun Bahan Scheme Assam – The ‘Apun Bahan’ scheme was approved by the Assam government at yesterday’s cabinet meeting. The programme is designed to provide interest discounts on auto loans, making it simpler for qualified staff to buy vehicles. Read the article below to learn more about the Apun Bahan Scheme Assam.
Apun Bahan Scheme Assam 2024
The State Government would offer interest subsidies under the “Apun Bahan” programme on motor vehicle loans obtained through scheduled commercial banks, regional rural banks, and the Reserve Bank of India-recognized Assam Cooperative Apex Bank. Government employees now have access to vehicle loans with interest subsidies.
The objective of Apun Bahan Scheme Assam
The main aim of this scheme is to help government officials buy a vehicle easily. With this scheme, they can take a loan at very low interest rates. This means they can get a vehicle without stressing about money. The Government of Assam will also give some extra money as subsidies. This money will go straight to the applicant’s salary account.
The highest loan amount you can get under this scheme is either 48 times your monthly salary or ₹15 lakh, whichever is less. If you want to apply, first check if you meet the eligibility rules. Then, you must go to the official website and fill out the application form online. It’s simple and helps you get the vehicle you need!
Aponar Apon Ghar Home Loan Subsidy Scheme
Assam Apun Bahan Scheme Details Highlights
| Name of the scheme | Apun Bahan Scheme Assam |
| Launched by | Assam government |
| Objective | to provide interest discounts on auto loans |
| State | Assam |
| Official website | – |
Eligibility Criteria of Scheme
Regular employees of the State Government who are between the ages of 21 and 53 are eligible for the programme. This makes sure that the employees’ service period coincides with the maximum loan term of 7 years.
Features of Apun Bahan Scheme Assam
Following are the features of the scheme:
- If male employees buy diesel or petrol vehicles, they will receive a 2% interest subsidy. The incentive climbs to 3% for electric vehicles. For the purchase of any car, female employees and employees with disabilities will receive a 3% interest subsidy.
- The maximum loan amount available to employees is 15 lakh rupees, or 48 times their net monthly income, whichever is less.
- the Assam Government launched the “Apun Ghar” scheme, from which 36,159 employees have benefited, totalling a loan portfolio of 4,984 crore.
- 108 Crore Has Been Allotted For Government Employees To Borrow Homes And Vehicles.
Required Documents
- Aadhar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
- Passport Size Photo
Loan Amount and Process
- The maximum loan amount will be either 48 times the net monthly income or₹ 15 lakh, whichever is lower.
Repayment Period of Apun Bahan Scheme
- The repayment period of the loan under the Apun Bahan Scheme is 3 to 7 years
Apun Bahan Scheme Assam Application Process
STEP 1: To apply for the Apun Bahan Scheme Assam Government employees can submit their application through their DDOs.
STEP 3: The collection of documents must contain a due and drawal statement of salary of the Government employee (applicant) which will be duly labeled and cered in the form itself by the DDO concerned.
STEP 5: If the bank authority is considered that the applicant is eligible than he will receive the financial assistance transfer directly in his salary account.
Contact Details
- Helpline Number:- 781006
FAQs
Which state launched the Apun Bahan Scheme 2024?
The Assam state government launched the Apun Bahan Scheme Assam 2024.
What is the maximum amount of loan that will be given under the Apun Bahan Scheme Assam 2024?
The maximum loan amount of INR 15 lakh will be given to the selected applicant under the Apun Bahan Scheme Assam 2024.
Who is eligible to avail of the benefits of the Apun Bahan Scheme Assam 2024?
All the Government employees who have served for a total of 7 years are eligible to avail the benefits of the Apun Bahan Scheme Assam 2024.