The Assam government has rolled out the Abhinandan Scheme 2.0 aimed at providing subsidies to families in Assam with educational loans. This initiative is designed to support financially struggling citizens in pursuing higher education without worrying about the financial stress.
Under this scheme, all major banks, including commercial banks like Federal bank and HDFC, are participating. The online portal for Abhinandan Scheme 2.0 will be launched on 5th September 2024, coinciding with Teacher’s Day. Eligible students can easily apply for the scheme by visiting the official website.
About Assam Abhinandan Scheme 2.0
The Assam government has launched the Abhinandan Scheme 2.0 Apply Online to provide financial relief to students burdened with educational loans. Under the scheme, students with loans of up to INR 1 lakh are eligible for the subsidies, while those with loans of INR 2 lakhs can receive a subsidy of INR 50,000. To avail the benefits, students must pay 25% of their loan amount. The program aims to assist financially struggling students, helping them pursue their educational goals and build their careers without worrying about the heavy loan burdens. The scheme is playing a crucial role in offering higher education more accessible for students.
Objective of Abhinandan Scheme 2.0
The Abhinandan Scheme 2.0, launched by the Assam state government. Is designed to support students pursuing higher education by reducing the burden of educational loan. The scheme specifically targets students from Assam who have taken loans from commercial bank such as Federal Bank and HDFC, or regional rural bank like Assam Rural Regional Bank. The loans must have been taken from 1st April to 2020 to 14th March 2024 to qualify for the subsidy. The primary goal of this initiative is to relieve students from the financial strain of repaying outstanding loans making higher education more accessible and affordable.
A significant budget of INR 229 crores has been allocated by the state government of Assam to ensure smooth implementation of the scheme. This financial assistance allows students to focus on their education and career by providing much needed subsidy.
Short Summary of Abhinandan Scheme 2.0
| Name of the scheme | Abhinandan Scheme 2.0 |
| Introduced by | Assam state government |
| Objective | Provide subsidy |
| Beneficiaries | Assam state citizens |
| Official website | Abhinandan Scheme Portal |
| Eligibility | Students with an educational loan of more than INR 2 lakh |
| Eligibility | Students must have paid 25% of their loan |
Important Dates
- Application Launch Date: 5th September 2024
- Application Start Date: 5th September 2024
- Application Deadline: 20th October 2024
Financial Benefits
- Under the Abhinandan Scheme 2.0, students with educational loans up to INR 1 lakh will receive subsidy of INR 50,000.
Eligibility Criteria
- The candidate must be a permanent resident of the state of Assam.
- The loan should have taken between 1st April 2020 and 31st March 2024.
- The loan must be an educational loan.
- The candidate’s parents must have taken educational loan of Rs. 2 lakhs or above.
- The loan should have been taken from a commercial or a rural bank.
- The bank must be recognized by the RBI (Reserve Bank of India).
Required Documents
- Aadhar card
- PAN card
- Email ID
- Phone number
- Address proof
- Electricity bill
Abhinandan Scheme Apply Online at dids.assam.gov.in
STEP 1: Firstly, head over to the official website of the Abhinandan Scheme 2.0. STEP 2: On the home page you will find an option as Continue as guest, click on it to proceed.
STEP 3: Some of the questions will be asked you that you must answer carefully and correctly these questions are asked to clarify your eligibility.
STEP 4: Next you will need to enter your phone number and click the Request OTP option.
STEP 5: now, you need to enter the OTP you received on the registered phone number and click the Next option.
STEP 6: Now, the application form is in front of you. Enter all the asked details correctly and attach all the required documents along.
STEP 7: Lastly, after entering all the information review it and hit the Submit option. That’s it we are done apply for the Abhinandan scheme.
Login for Abhinandan Scheme
If you are already registered under the Abhinandan Scheme you can login officially using the official website, below is the help provided to login under the scheme:
- First of all, head over to the official website of the scheme.
- On the home page of the official website you will find the Login option, click on it.
- Now enter your phone number and password.
- After entering all the details, you are required to review it quickly and hit the login button.
Download Guidelines
- If you wish to Download the Abhinandan Scheme 2.0 guidelines below we have provided help of you can download it using the official website.
- Above all, head over to the official website of the scheme.
- On the main page of the official website, you will find the option as User Guide, click on it.
- You will be redirected to a new page, here click the download option, and with this click you will have your Abhinandan Scheme 2.0 Guidelines downloading on your device.
Contact Details
dids-assam@assam.gov.in
FAQs
Which state launched the Abhinandan Scheme 2.0?
The Assam state government launched the Abhinandan Scheme 2.0.
What is the minimum outstanding educational loan that is eligible under the Abhinandan Scheme 2.0?
The student must have taken a minimum educational loan of up to INR 2 lakh to be eligible under the Abhinandan Scheme 2.0.
When was the Abhinandan Scheme 2.0 announced?
The Abhinandan Scheme 2.0 was announced on 5th September 2024.