The Government of Assam has taken the initiative to launch Abhinandan Scheme 2.0 which aims at supporting students in pursuing higher education. Under this scheme, the government offers a one-time subsidy of up to Rs. 50,000 on education loans taken by the students for their academic pursuits. Scheme targets those students who have taken education loans from scheduled commercial banks or regional rural banks, ensuring financial relief and reducing the burden of loan repayment. The main objective is to make higher education more accessible to deserving students, particularly those from economically weaker sections. By reducing the financial pressure of loans, the scheme encourages students to pursue quality education without financial stress.
What is Abhinandan Scheme 2024
The Abhinandan Scheme 2024 is designed to offer financial relief to the students pursuing higher education by waiving a portion of their educational loans. The scheme is available to students who have availed loans from scheduled commercial banks or regional rural banks. The education loan must have been sanctioned between April 1, 2020 to March 31, 2024. Both undergraduate and postgraduate students enrolled in recognized institutions are eligible for the scheme. This scheme aims to improve access to higher education, especially for economically weaker families, by making education more affordable. The Assam government envisions empowering the youth through education and easing the loan repayment pressure on students and their families.
Also Read: Nijut Moina Scheme
Important Factors of Abhinandan Scheme 2.0
| Name of the Article | Abhinandan Scheme 2.0 |
| Launched By | The Government of Assam |
| Beneficiary | Students from economically weaker families pursuing higher education |
| Benefits | One-time subsidy of Rs. 50,000 |
| Loan Source | Educational loans from scheduled commercial or regional rural banks |
| Objective | To promote education and ease financial stress for students and their families |
| Loan Limit | Education loan amount should be at least Rs. 2 Lakh |
| Form of Benefit | Direct financial assistance towards loan repayment |
| Hosting Site | NIC (National Informatics Center) |
| Mode of Application | Online |
| Official Website | dids Assam Portal |
Purpose of Abhinandan Scheme 2.0
The purpose of the Scheme can be outlined as follows:
- The purpose of the scheme is to reduce the financial burden on students and their families by providing a one-time subsidy on educational loans.
- The scheme aims to promote access to higher education for students from economically weaker sections of society.
- The aim of the scheme is to encourage students to pursue higher education without worrying about loan repayment.
- To improve educational opportunities by making loans more affordable and manageable.
- The objective of the scheme is to support educational growth in Assam, empowering the youth to achieve academic success.
- The aim is to relieve stress on families who are struggling to repay education loans, offering financial relief.
Important Dates
Here is a table highlighting the important dates for the Abhinandan Scheme 2.0:
| Event | Date |
| Launch Date | 5th September 2024 |
| Start Date of Application | 5th September 2024 |
| Last Date of Application | 20th October 2024 |
Also Read: Abhinandan Education Loan Subsidy Scheme 2.0
Eligibility Criteria
The eligibility criteria for the scheme are as follows:
- It is mandatory for the student to be a permanent resident of the Assam State.
- The student must have taken a loan from a commercial or rural bank, otherwise, he cannot avail of the benefit of the scheme.
- The bank has been recognized by the Reserve Bank of India.
- The education loan must have been sanctioned between April 1, 2020 to March 31, 2024.
- The educational loan amount should be more than Rs. 2 lakh.
Financial Benefits
- Under the Abhinandan Scheme 2.0, eligible students will receive one-time subsidy of Rs. 50,000 on their educational loans. This financial benefit is directly applied to reduce the outstanding loan amount, relieving the repayment burden for students and their families.
Required Documents
To avail the benefit of the scheme, following documents are required:
- Proof of Residence
- PAN Card
- Aadhaar Card
- Education Loan Documents
- Proof of Enrollment
- Educational Certificates
- Income Certificate
- Bank Account Details
Abhinandan Scheme Implementation
- The Abhinandan Scheme 2.0 is implemented by the Government of Assam to provide a one-time subsidy of Rs. 50,000 to students with educational loans. The scheme is managed through scheduled commercial banks and regional rural banks. Eligible students need to apply online by submitting the required documents. Upon approval, the subsidy is directly credited to the loan account, reducing the outstanding loan balance and easing the financial burden on students.
Abhinandan Scheme Apply Online at dids.assam.gov.in
To apply for the scheme, please follow the below mentioned steps:
Step 1: Visit the official dids assam website.
Step 2: On homepage click on “Login” button and if you are a new user, click on “Register” button to get registered under the portal.
Step 3: To register yourself enter your 10 digit mobile number and accept privacy policy and click on “Request OTP” button. Then enter OTP, create password and click on “Submit” button to complete the registration process.
Step 4: Now again on homepage click on “Login” button and enter your Phone number, Password and click on “Login” button.
Step 5: On another page click on “Apply” option after “Abhinandan Scheme 2.0”.
Step 6: Application form will appear on your screen, then fill the application form with required details and attach all the relevant documents.
Step 7: Finally click on “Submit” button to complete the application process.
Login for Abhinandan Scheme
To login under the portal, please follow the below mentioned steps:
Step 1: Visit the official website.
Step 2: On homepage click on “Login” button.
Step 3: On another page, enter your Phone number, Password.
Step 4: Click on “Login” button to complete the login process.
Download Guidelines
To download guidelines, follow the steps as provided below:
Step 1: Visit the Abhinandan Scheme website.
Step 2: Now click on “Download” button under “Scheme guidelines” section.
Step 3: File will be Abhinandan Scheme Guidelines download to your device.
Step 4: Click on the file/ PDF to check the guidelines.
Contact Details
- Office Address: Finance Department, Block F, Janata Bhawan Dispur, Guwahati: 781006
- Helpline Number: 1800 2026 256
- Email ID: dids-assam[at]assam[dot]gov[dot]in
FAQs
What is the Abhinandan Scheme 2.0?
The Abhinandan Scheme 2.0 is a financial assistance program by the Government of Assam that provides a one-time subsidy of Rs. 50,000 on educational loans to reduce the financial burden on students and their families.
Who is eligible to apply?
Applicants must be permanent residents of Assam, have an active education loan from a recognized bank and the loan amount should be more than Rs. 2 lakh.
How can I apply for the scheme?
Applications can be submitted online through the official website. Create an account, fill in the application form, upload required documents, and submit.
What is the subsidy amount provided?
The scheme provides a one-time subsidy of Rs. 50,000 on the education loan.
How is the subsidy provided?
Once approved, the subsidy amount is directly credited to the education loan account, reducing the outstanding balance.
What is the purpose of the scheme?
The purpose of the scheme is to reduce the financial burden on students and their families by providing a one-time subsidy on educational loans.
What is the official website of the scheme?
The official website is https://dids.assam.gov.in/.
What is the last date of application?
The last date of application is 20 October 2024.