Apun Bahan Scheme Assam 2025 is an initiative by the Assam state government aimed at assisting government employees in purchasing motor vehicles. This scheme is designed to facilitate financial support through loans at very low interest rates. Male employees will benefit from an interest rate of 2% for petrol and diesel vehicles, while electric vehicles will attract a rate of 3%. In contrast, female employees will be required to pay 3% interest on all types of vehicles.
With the Apun Bahan Scheme Assam, government employees have a fantastic opportunity to acquire their personal vehicles, easing their transportation needs. The loan amount provided can significantly relieve financial burdens, thus making the dream of car ownership a reality for many.
Purpose of the Apun Bahan Scheme Assam
The primary aim of the Apun Bahan Scheme Assam is to empower government officials by allowing them to own personal vehicles through low-interest loans. This initiative ensures that applicants do not face financial hurdles when purchasing a vehicle. Additionally, the Government of Assam is set to provide a subsidy that will be directly credited to the applicant’s salary account. Under this scheme, the maximum loan amount will be capped at either 48 times the net monthly income or ₹15 lakhs, depending on which is lower. All applicants meeting the eligibility requirements must complete the online application form available on the official website.
Key Highlights of Apun Bahan Scheme Assam
| Name of the scheme | Apun Bahan Scheme Assam |
|---|---|
| Launched by | Government of Assam |
| Objective | Provide various benefits |
| Beneficiaries | Government employees of Assam |
| Official website | assam.gov.in |
Eligibility Requirements
- Applicant must be a government employee in Assam.
- Age should be between 21 to 53 years.
- Minimum service duration with the Assam government must be 7 years.
- Annual family income should not exceed ₹3 lakhs.
Advantages of the Apun Bahan Scheme Assam
- This scheme enables government employees to achieve their dream of vehicle ownership.
- Low-interest loans are provided to facilitate vehicle acquisition.
- Subsidy amounts are directly credited to the salary accounts of successful applicants.
- Loan repayment can be planned over a minimum of 3 years up to a maximum of 7 years.
Required Documentation
- Aadhar Card
- An active Email ID
- Personal Mobile Number
- Electricity Bill
- Proof of Address
- PAN Card
- Passport-sized Photograph
Loan Amount and Application Procedure
- The maximum loan amount will either be ₹15 lakhs or 48 times the net monthly income, whichever is lower.
Repayment Duration for Apun Bahan Scheme
- The loan repayment timeline is stipulated between 3 to 7 years.
Application Process for the Apun Bahan Scheme Assam
STEP 1: Government employees seeking to apply must submit their application through their District Development Officers (DDOs).
STEP 2: Applicants need to gather all the required documentation and application forms from the respective Bank before submitting them to the DDOs.
STEP 3: The documentation must include a duly labeled Statement of Dues and Drawing Salary approved by the concerned DDO.
STEP 4: Bank authorities will review the application form and decide on the applicant’s eligibility.
STEP 5: If deemed eligible, the bank will ensure that the financial support is directly transferred to the applicant’s salary account.
Contact Information
For queries, individuals can reach out via the helpline number: 781006.
Frequently Asked Questions
Which state launched the Apun Bahan Scheme 2025?
The Apun Bahan Scheme 2025 was launched by the Government of Assam.
What is the maximum loan amount available under the Apun Bahan Scheme Assam 2025?
The maximum loan amount available under this scheme is ₹15 lakhs.
Who can benefit from the Apun Bahan Scheme Assam 2025?
Only government employees in Assam who have served for at least 7 years are eligible for this scheme.
What interest rates apply to the Apun Bahan Scheme?
Male employees will incur a 2% interest for petrol or diesel vehicles and 3% for electric vehicles, while female employees will have a 3% interest rate on all vehicle types.
How long is the repayment period for loans under the scheme?
Loans can be repaid over a period ranging from 3 to 7 years under the Apun Bahan Scheme Assam.
Is there any subsidy provided under this scheme?
Yes, the government provides subsidies which are directly credited to the salary accounts of eligible applicants.