Assam’s state government has launched a program called Aponar Apon Ghar Home Loan Subsidy Scheme to provide financial assistance to Assamese residents who want to build a new home. The Assam government will grant a subsidy of up to 2.5 lakhs to a beneficiary of this scheme for the construction of a house costing 40 lakhs. Only anyone applying for the first time in any program will be eligible for its rewards. Read this article carefully to learn more about this scheme. The Assam state government has launched the Aponar Apon Ghar Scheme, a very helpful scheme for Assamese inhabitants. After taking advantage of this program, anyone can achieve their dream of owning a new home. Friends, today’s inflation shows that not everyone can afford to buy a luxurious home for their family. 

If you wish to buy your first home, you should apply online for this scheme, which would grant a 2.5 lakh rupee home subsidy on a loan of up to 40 lakhs. Furthermore, under this initiative, the government will pay government employees 3.5% in interest subsidies. The maximum home loan amount offered under this is Rs. 15 lakhs, with a loan duration of 20 years. Assamese inhabitants, on the other hand, can easily purchase new homes thanks to the Subsidy Scheme. The state government would provide low-interest loans for the purchase of new dwellings through this initiative. This housing welfare program will provide special benefits to people who do not own a home.

Details of Aponar Apon Ghar Home Loan Subsidy Scheme

The objective of the Aponar Apon Ghar Home Loan Subsidy Scheme

The inflationary stage has gotten so severe that the normal person must work all day to buy bread for the afternoon, in addition to completing other substantial chores such as house construction, to cover his expenses. He must cope with a range of challenges throughout his life as a result of his incapacity to build preparations for launching a business and other undertakings. In light of these issues, the Assam Public Authority has introduced the Aponar Apon Ghar Home Credit. If an Assamese citizen does not have a home and requires funds to build one, the Assam government will offer a reasonable advance. Furthermore, the Assam government will offer support for the advance.

Loan / Subsidy Amount

Loan Amount                                                                Subsidy Amount

Rs. 5 lakh to Rs 10 lakhs                                                 Rs  1 lakh

Rs. 10 lakhs to Rs.   20 lakhs                                          Rs. 1.5 lakh

Rs. 20 lakhs to Rs.   30 lakhs                                          Rs.  2 lakh

Rs. 30 lakhs to Rs.   40 lakhs                                          Rs.  2.5 lakhs

Eligibility Criteria

• To apply for this program, the applicant must be an Assamese permanent resident.
• The Aponar Apon Ghar Scheme 2024 offers a single loan sum of 40 lakh.
• A pucca house should already be owned by the potential candidate.
• The candidate must not have previously obtained a mortgage loan through any housing program.
• The structure will be the first combined family construction project.
• The combined annual income of the interested candidate’s family should not exceed Rs. 20 lakhs.
• A mortgage loan must be obtained from a state-owned scheduled commercial bank, a regional rural bank, or the Assam Co-operative Apex Bank.

Benefits

• Loan Amount (₹): 5,00,000 – 10,00,000, Subsidy (₹): 1,00,000
• Loan Amount (₹): 10,00,000 – 20,00,000, Subsidy (₹): 1,50,000
• Loan Amount (₹): 20,00,000 – 30,00,000, Subsidy (₹): 2,00,000
• Loan Amount (₹): 30,00,000 – 40,00,000, Subsidy (₹): 2,50,000

Required Documents

• Valid Identity Proof
• Loan Documents Related to Home Loan Amount
• Bank account details
• Residence Proof of Assam State
• Annual Income Certificate

Steps to Apply for Aponar Apon Ghar Home Loan Subsidy Scheme

1. To begin, go to the official website which is https://assam.gov.in/.
2. The website’s homepage will appear on the screen.
3. Go to the Scheme page.
4. On the screen, the application form will appear.
5. Fill out the form with all of the necessary information.
6. Then, upload all of the relevant paperwork.
7. Finally, press the submit button to finish the application procedure.

Assam Swanirbhar Nari Scheme