Apun Bahan Scheme Assam 2024:- The Assam state government has taken a significant step to assist its employees by introducing the Apun Bahan Scheme Assam 2024. This scheme is designed to offer government employees in Assam affordable loans to purchase motor vehicles, making it easier for them to own a personal vehicle. Whether it’s a petrol, diesel, or electric vehicle, the Apun Bahan Scheme provides loans at a minimal interest rate, ensuring that financial burdens do not deter government officials from achieving their dream of vehicle ownership.
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What is the Apun Bahan Scheme Assam?
The Apun Bahan Scheme Assam is a loan initiative introduced by the Assam state government to help government employees purchase motor vehicles. The scheme offers loans with varying interest rates for different types of vehicles. Male employees are charged an interest of 2% for petrol and diesel vehicles and 3% for electric vehicles, while female employees receive a 3% interest rate regardless of the vehicle type. This initiative ensures that even those with limited financial resources can purchase a vehicle for their personal or professional use.
The scheme aims to empower government employees by helping them achieve vehicle ownership without the stress of high loan interest rates. It also promotes the use of electric vehicles, aligning with sustainable transportation goals.
Key Highlights of the Apun Bahan Scheme
| Feature | Details |
|---|---|
| Name of the Scheme | Apun Bahan Scheme Assam |
| Launched By | Assam Government |
| Objective | To provide interest discounts on auto loans |
| State | Assam |
| Official Website | slbcne.nic.in/assam/ |
Objectives of the Apun Bahan Scheme Assam 2024
The primary objective of the Apun Bahan Scheme is to provide government employees with the financial support needed to purchase a vehicle of their choice. This scheme offers a loan with a significantly lower interest rate compared to market rates, which allows employees to afford a vehicle with ease. Additionally, the Assam state government offers subsidies to the applicants, ensuring that repayment does not become a financial strain.
The scheme is beneficial for both male and female employees, although the interest rate differs slightly based on gender and vehicle type. Another major goal is to encourage the purchase of electric vehicles, which contributes to reducing pollution and promoting eco-friendly practices.
Key Features of the Apun Bahan Scheme Assam
- Interest Rates:
- Male employees: 2% for petrol/diesel vehicles, 3% for electric vehicles.
- Female employees: 3% for all vehicle types.
- Loan Amount:
The loan amount is determined based on either 48 times the net monthly income of the applicant or ₹15 lakh, whichever is lower. - Loan Repayment:
The repayment period can range from 3 to 7 years, providing flexibility for applicants in choosing a suitable timeframe to repay their loan. - Subsidy:
The government will offer subsidies, which will be directly transferred to the employee’s salary account.
Eligibility Criteria for Apun Bahan Scheme Assam 2024
To be eligible for the Apun Bahan Scheme, the applicants must meet the following criteria:
- Government Employee Status:
Only full-time government employees in Assam state are eligible to apply. - Age Group:
Applicants must be between 21 and 53 years old. - Employment Tenure:
The applicant must have served as a government employee in Assam for at least 7 years. - Income Limit:
The total annual income of the applicant’s family must not exceed ₹3 lakh.
These criteria ensure that the scheme benefits those who are in stable government employment and need financial assistance to purchase a vehicle.
Benefits Under the Apun Bahan Scheme Assam
- Affordable Vehicle Loans:
The scheme provides government employees with the opportunity to secure a loan for purchasing a vehicle at a much lower interest rate than the market. This makes vehicle ownership more accessible to a wider range of employees. - Subsidies Provided by the Government:
The subsidy provided by the government is an added benefit, reducing the financial burden on applicants. This subsidy will be directly deposited into the applicant’s salary account. - Flexible Repayment Period:
Employees have the option to choose a repayment period between 3 and 7 years, making it easier to manage the loan based on their financial capability. - Encouragement of Electric Vehicles:
The scheme promotes the use of electric vehicles by offering relatively lower interest rates on such purchases, thereby contributing to environmental sustainability.
Required Documents for Apun Bahan Scheme Assam 2024
Applicants are required to submit the following documents to apply for the Apun Bahan Scheme:
- Aadhaar Card
- Valid Email ID
- Mobile Number
- Recent Electricity Bill (as proof of address)
- Address Proof
- PAN Card
- Passport Size Photograph
- Salary Statement from the DDO (Drawing and Disbursing Officer)
These documents are necessary to verify the identity, income, and employment status of the applicant.
How to Apply for Apun Bahan Scheme Assam 2024: Online and Offline Process
Government employees in Assam can apply for the Apun Bahan Scheme through their DDOs (Drawing and Disbursing Officers). Here’s a step-by-step guide for both online and offline applications:
Online Application Process:
- Visit the Official Website:
Employees must visit the designated portal for the scheme (link to be provided by the Assam government) to begin the application process. - Fill in the Application Form:
Enter all the required details, including personal, employment, and income information. Upload the necessary documents mentioned above. - Submit the Application:
Once the form is complete, submit it for review. The concerned authorities will assess the application and decide on its approval. - Approval and Loan Disbursement:
If the application is approved, the loan amount will be transferred directly to the applicant’s salary account, enabling the purchase of a vehicle.
Offline Application Process:
- Collect Documents:
The applicant must gather all required documents and visit the concerned bank to obtain the application form. - Submit Documents to DDO:
Submit the completed application form along with the required documents to the respective DDO. The DDO will forward the application to the bank for approval. - Bank Review and Approval:
The bank authorities will review the application and make the final decision regarding the loan approval. - Loan Disbursement:
Once approved, the loan will be deposited in the employee’s salary account.
Apun Bahan Scheme Assam Form PDF
- Visit the Official Link: Click on the following link to access the application form: Apun Bahan Scheme Application Form PDF.
- Open the PDF: The link will direct you to the PDF document. It should open in your browser.
- Download the PDF:
- If you are using a desktop or laptop:
- Right-click on the document and select “Save as” or click on the download icon usually found in the top-right corner of the PDF viewer.
- If you are using a mobile device:
- Tap on the download icon (if available) or select “Share” and then choose “Save to Files” or a similar option to download the PDF to your device.
- If you are using a desktop or laptop:
- Access the Downloaded File: Once the download is complete, you can find the application form in your device’s downloads folder or the location you specified for downloa
Loan Amount and Repayment Period
The maximum loan amount is either 48 times the applicant’s net monthly income or ₹15 lakh, whichever is lower. The repayment period can be as short as 3 years or as long as 7 years, providing ample flexibility for applicants to choose a repayment schedule that suits their financial situation.
Helpline and Support
For any queries related to the scheme or assistance during the application process, employees can contact the Apun Bahan Scheme Helpline at 781006.
Conclusion
The Apun Bahan Scheme Assam 2024 is an excellent initiative by the Assam government to support its employees in purchasing motor vehicles with minimal financial strain. By offering low-interest loans and providing subsidies, the scheme ensures that even those with limited financial capacity can fulfill their goal of owning a vehicle. Whether applying online or offline, government employees can benefit immensely from this scheme.
FAQs
- Which state launched the Apun Bahan Scheme 2024?
The Assam state government launched the Apun Bahan Scheme Assam 2024. - What is the maximum loan amount under the Apun Bahan Scheme?
The maximum loan amount is either 48 times the net monthly income or ₹15 lakh, whichever is lower. - Who is eligible for the Apun Bahan Scheme Assam 2024?
Any government employee who has served for a minimum of 7 years and is between 21 and 53 years old can apply. - What documents are needed for the application?
Required documents include Aadhaar Card, PAN Card, salary statement from DDO, and address proof, among others. - How can I apply for the Apun Bahan Scheme?
You can apply through your DDO either online via the official portal or offline by submitting documents to the concerned bank.
