Brief objective Under this scheme, the govt. will encourage students to pursue higher studies by providing subsidy on education loans. Benefits to the citizens The Abhinandan education loan subsidy scheme of Assam govt. will immensely help students who have availed students loan. This scheme would cover all commercial banks like the Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam. Eligibility Applicant student must be a permanent resident of Assam. Education loan should have been availed from any Scheduled Commercial Bank or Regional Rural Bank within the state recognized by the Reserve Bank of India. The education loan should be of a minimum of Rs. 1 lakh. All the loans should have been sanctioned before 31 March 2019 amounting Rs. 1 lakh or more. How to apply Online All the applicants must fulfill the following eligibility criteria to become eligible for Abhinandan Education Loan Subsidy Scheme:- Visit the official website assamfinanceloans.in Select the “Apply” link under Abhinandhan Education Loan Subsidy Scheme section or directly click the provided link Afterwards, the Assam Abhinandhan Scheme application form will appear Here fill all the necessary details accurately and upload the supporting documents. Finally, enter the necessary details and click at “Submit” button to complete the application process. Whom to contact (implementation agency at the state/district level) Government of Assam Link to Online applicaiton Abhinandan Education Loan Subsidy Scheme Additional Information However, the Abhinandan Scheme also covers education loans sanctioned after 31 March 2019. But in that case, education loan subsidy would be provided only after 25% of total sanctioned loan amount has been disbursed. Even the state govt. has not set any minimum income criteria for students to avail benefits. There is no income criteria to be eligible for Abhinandhan Education loan Subsidy Scheme.