Apun Bahan Scheme Assam is scheme under Government of Assam where regular government employees can avail interest subsidy to avail a motor vehicle loan.
In this post, I will be providing all the details of Apun Bahan Scheme Assam like percentage of interest subsidy, eligibility, age, loan tenure, etc. I will also be providing the maximum loan amount you can take based on your salary and the list of banks from where you can take the loan.
BASIC INFO OF APUN BAHAN SCHEME ASSAM
| Launched Date | 3rd August, 2023 |
| Proposed Amount in Budget | ₹ 12 crores |
| Eligibility | Regular Employees of Assam Government |
| Age | 21 to 53 years |
| Maximum amount of Loan | ₹ 15 lakhs or 48 X Monthly Salary, whichever is lower. |
| Tenure for Loan Repayment | 7 years |
| Banks Associated | Scheduled Commercial BanksRegional Rural BanksAssam Cooperative Apex Bank |
ELIGIBILITY OF APUN BAHAN SCHEME ASSAM
As you have already come to know, Apun Bahan Scheme of Assam is for the regular government employees. The contractual employees of Assam Government are not eligible.
| Who is eligible? | Regular State Government Employees of Assam |
| Age | 21 to 53 years |
The age of regular government employees to avail this scheme should be between 21 years to 53 years.
INTEREST SUBSIDY % OF APUN BAHAN SCHEME ASSAM
In Apun Bahan Scheme Assam, Government of Assam will give you subsidy on the loan interest for your vehicle. The interest subsidy % will vary for male, female and Divyang (differently abled). And it will be different for petrol/diesel vehicles and electric vehicles.
The details of the interest subsidy % of apun bahan scheme assam is given in the next section below.
INTEREST SUBSIDY % ON DIESEL OR PETROL VEHICLES ( Both CAR and BIKES)
The interest subsidy % on diesel or petrol vehicles like car, bikes, etc is given below.
| Male Employee | Female Employee | Divyangjan employees |
| 2 % | 3% | 3% |
INTEREST SUBSIDY % ON ELECTRIC VEHICLES ( Both CAR and BIKES)
The interest subsidy % on electric vehicles like car, bikes, etc is given below.
| Male Employee | Female Employee | Divyangjan employees |
| 3 % | 3% | 3% |
LOAN TENURE UNDER APUN BAHAN SCHEME ASSAM
The maximum loan tenure under Apun Bahan Scheme Assam is of 7 years. You have to pay back the loan amount with interest within 7 years or before.
| Loan Tenure | Max 7 Years |
MAXIMUM LOAN AMOUNT UNDER UNDER APUN BAHAN SCHEME ASSAM
The maximum loan you can avail under this scheme is based on your salary you receive in a month. The maximum amount prescribed by the government is either ₹ 15 lakhs or 48 X Monthly Salary, whichever is lower.
| Maximum Loan Amount | ₹ 15 lakhs or 48 X Monthly Salary, whichever is lower. |
HOW MUCH LOAN YOU CAN AVAIL UNDER APUN BAHAN SCHEME OF ASSAM
The table will give you an idea on the amount of loan you can avail for all the grade of employees.
| Grade of Employee | Minimum Entry Salary | 48 times of salary | Maximum Loan Amount | Amount of Loan that can be availed under Apun Bahan Scheme Assam |
| Grade IV (Grade Pay- ₹ 3900) | ₹ 20,890/ | ₹ 10,02,720 | ₹ 15, 00,000 | ₹ 10,02,720 |
| Grade III( Grade Pay of ₹ 5,000/ | ₹ 25,000 | ₹ 12,00,000 | ₹ 15, 00,000 | ₹ 12,00,000 |
| Grade II | ₹ 40,000 | ₹ 19,20,000 | ₹ 15, 00,000 | ₹ 15, 00,000 |
| Grade I | ₹ 56,000 | ₹ 26,88,000 | ₹ 15, 00,000 | ₹ 15, 00,000 |
BANKS ASSOCIATED WITH APUN BAHAN SCHEME ASSAM
- Scheduled Commercial Banks
- Regional Rural Banks
- Assam Cooperative Apex Bank
CONCLUSION
Summing up, In this blog post, you have come to know all the details of Apun Bahan Scheme Assam. I will be updating more on it. So, do bookmark this page of guwahatilive.com
