Apun Bahan scheme Assam 2023: Apply Online, Eligibility

The Assam government’s recent approval of the Apun Bahan scheme Assam marks a significant step toward facilitating vehicle ownership for eligible citizens. By offering substantial interest discounts on auto loans, the initiative aims to simplify the vehicle acquisition process, reducing financial barriers and empowering individuals across the state to access personal and professional opportunities that were previously out of reach. This visionary program not only promotes economic growth and entrepreneurship but also envisions a more connected and empowered citizenry, ultimately contributing to a more prosperous future for Assam.

Apun Bahan Scheme Assam 2023

Apun Bahan Scheme Assam 2023

In a strategic move, the State Government has introduced the innovative Apun Bahan scheme, designed to provide interest subsidies on motor vehicle loans secured through recognized financial institutions such as scheduled commercial banks, regional rural banks, and the Assam Cooperative Apex Bank, recognized by the Reserve Bank of India. This pioneering program enables government employees to access vehicle loans with the added benefit of interest subsidies, ensuring enhanced affordability and greater accessibility to vehicle ownership, thereby fostering financial empowerment and mobility across the region.

Shiksha Setu Assam Portal

Assam Apun Bahan Scheme Details Highlights

Name of the schemeApun Bahan Scheme Assam
Launched byAssam government
Objectiveto provide interest discounts on auto loans
Official website

Objectives of Apun Bahan Scheme Assam

The Apun Bahan Scheme Assam, introduced by the state government, aims to provide advantageous opportunities to Assam state government employees. Under this initiative, eligible government personnel can avail a motor vehicle loan with a subsidized interest rate of 2%, while women and divyangjan (specially-abled) employees will enjoy an increased interest subsidy of 3%. With a dedicated allocation of 12 crore, the scheme seeks to enhance accessibility to vehicle ownership for government employees, promote inclusivity, and facilitate improved mobility and financial well-being within the state.

Features of Apun Bahan Scheme Assam

  • The Apun Bahan Scheme Assam offers the following key features:
  • 2% subsidy for male employees buying diesel/petrol vehicles, 3% for electric vehicles; 3% for female and disabled employees purchasing any vehicle.
  • Up to 15 lakh rupees or 48 times net monthly income, whichever is less.
  • Linked with Apun Ghar housing scheme; 36,159 employees benefited, totaling 4,984 crore loan portfolio.
  • 108 crore rupees allotted for government employees to borrow for homes and vehicles.

Eligibility Criteria

The eligibility criteria for the Apun Bahan Scheme Assam encompass regular State Government employees within the age bracket of 21 to 53. This criterion has been strategically designed to align the employees’ tenure of service with the optimal loan term of up to 7 years, ensuring a harmonious synchronization between the two. By adhering to these criteria, the scheme strives to cater to the specific needs and circumstances of eligible individuals while fostering a streamlined process for accessing the program’s benefits.

Online Application for Apun Bahan Scheme Assam

To apply for the Apun Bahan Scheme Assam, qualified candidates are required to complete the application form available on the official website of the program. While the official website has not yet been announced by the government, prospective applicants are advised to stay vigilant for updates. Once the official website is launched and the application link becomes accessible, interested individuals will be able to conveniently submit their applications for the scheme through the designated platform. It is recommended to monitor announcements from the government to ensure timely access to the application process.


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