Aponar Apon Ghar Home Loan Subsidy Scheme: The government of Assam keeps launching many schemes for the welfare of the people. Aponar Apon Ghar Scheme was started by the state government with the aim of helping people get their new houses. Under the Aponar Apon Ghar Home Loan Subsidy Scheme, the state government will provide financial help to the residents to build their own homes. The Assam government decided to give a subsidy of up to 2.5 lakhs to build a house costing 40 lakhs. It should be kept in mind that the applicant should be applying first time in any program of this type.
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Assam Aponar Apon Ghar Home Loan Subsidy Scheme 2023
With the help of the scheme, people’s dream of having their own house will be fulfilled. This Scheme will prove beneficial for the residents of the state. According to the scheme, the Assam government will be providing loans with low interest rates to buy and purchase new homes. The interest subsidy amount for this scheme is 3.5% for government employees. Under the yojana, the loan tenure will be 20 years and the maximum home loan limit is Rs 15 lakhs.
Aponar Apon Ghar Home Loan Subsidy Scheme Overview
|Name of the article||Aponar Apon Ghar Home Loan Subsidy Scheme|
|Initiated by||Government of Assam|
|Aim||To offer low-interest loans to the people to build houses|
|Beneficiaries||People of Assam|
The main objective of the state government to start this Scheme is to help people of the state to get their own house. By helping residents financially, the Assam government allows people to build their own houses.
Assam Aponar Apon Ghar Home Loan Subsidy Scheme Benefits
- Through this Scheme, people of the state will get their own house.
- After the successful implementation of the scheme, the dream of having own house will be fulfilled.
- The standard of living of the people will also improve after having a house.
- This Scheme will support the poor people who face problems in summer, winter, and in the rain.
- The development of the housing sector of the Assam state will also be enhanced.
- The best part of the scheme is that the financial help will be directly sent to the bank account of the Beneficiary.
Interest and Support Rates
|Loan Amount||Rupees 15 Lakh||Rupees 15 Lakh|
|Interest Subsidy||3.5 percent||3.5 percent|
|Interest Rate after Subsidy||5 percent||5.5 percent|
|Maximum Loan Tenure||20 Years||20 Years|
|Effective EMI (for a loan of Rs. 15 Lakh for 20 Years)|
|Before Subsidy||Rupees 13,017||Rupees 13,017|
|After Subsidy||Rupees 9,899||Rupees 10,318|
- It is necessary that an individual should be from Assam state.
- An individual must have a pucca house.
- The loan amount is 40 lakhs.
- It should be kept in mind that the individual should get a mortgage loan from a state-owned scheduled commercial bank, a regional rural bank, or the Assam Co-operative Apex Bank.
- The individual should not be the receiver of a mortgage loan of any housing program.
- The annual family income should be less than Rs. 20 lakhs.
- Valid Identity Proof
- Residence Proof of Assam State
- Annual Income Certificate
- Loan Documents Related to Home Loan Amount
- Details of Bank account
Procedure to Apply for Assam Aponar Apon Ghar Home Loan Subsidy Scheme 2023
- Firstly, you have to visit the official website of the Home Loan Subsidy Scheme i.e., https://assam.gov.in/
- You will land on the homepage of the website.
- After that, you have to click on the Aponar Apon Ghar Home Loan Subsidy Scheme link on the home page.
- You will see an application form on the screen.
- Now, you have to fill out the form by entering all the details.
- After that, upload all the required documents
- At last, click on the submit option on the screen.
This Scheme is an initiative taken by the Assam government to help people construct their own houses.
To apply for the Scheme, an individual should visit the official website: https://assam.gov.in/