Home Loan Subsidy Scheme: Aponar Apon Ghar Scheme, introduced by the government of Assam, aims to support the aspirations of Assamese individuals in realizing their dream of owning a home. The state of Assam will provide a subsidy of up to 2.5 lakhs for homes valued at over 40 lakhs. This benefit is exclusively accessible to first-time applicants of the scheme. For further details about the Aponar Apon Ghar Home Loan Subsidy Scheme, please continue reading.
Aponar Apon Ghar Home Loan Subsidy Scheme Details
| Scheme Name | Aponar Apon Ghar Home Loan Subsidy Scheme |
| Initiated by | Government of Assam |
| State | Assam |
| Beneficiaries | Assam Residents |
| Objective | Offer low-interest loans to build homes |
| Benefits | Through this program, those who do not own a house will receive a low-interest mortgage to buy one. |
| Applicant Procedure | Online |
| Official Website | https://assam.gov.in/ |
| Helpline Number | N/A |
Aponar Apon Ghar Home Loan Subsidy Scheme
The Assam Government has launched an online application process for the Aponar Apon Ghar Home Loan Subsidy Scheme 2020 through the website assamfinanceloans.in. This initiative offers a subsidy of Rs. 2.5 lakhs on home loans up to Rs. 40 lakhs. Eligibility for this house loan subsidy is restricted to first-time homebuyers who have not previously availed of loans under the Apun Ghar Scheme. Interested individuals can now apply for the Aponar Apon Ghar Scheme online by completing a registration/application form, verifying the subsidy amount, and providing comprehensive details.
Through the Aponar Apon Ghar home loan subsidy scheme in Assam, all applicants will enjoy reduced interest rates on their home loans. This initiative is an extension of the previous Apun Ghar Home Loan Subsidy Scheme 2016-17. Under the Apun Ghar home loan scheme, the state government was providing a 3.5% interest subsidy to government employees on home loans up to Rs. 15 lakhs with a repayment period of 20 years.
The primary objective of the Assam Aponar Apon Ghar Home Loan Subsidy Scheme 2020 is to achieve the vision of “Housing For All” by 2022, ensuring that every underprivileged individual has their own home.
Aponar Apon Ghar Home Loan Subsidy Scheme Online Form Application
Applicants can enter accurate details and upload supporting documents such as loan proof, address proof, and PAN card details. Upon completion, they can click the “Save” button to finalize the application process. The Assam Aponar Apon Ghar Scheme is administered by the Finance Department of the Assam government. This initiative is designed to provide financial assistance to the people of Assam and facilitate easier access to housing loans for the construction or purchase of their first family home.
Aponar Apon Ghar Home Loan Subsidy Scheme Eligibility
This initiative is exclusively available to residents of Assam who hold permanent residency in the state. The highest loan amount achievable under the Aponar Apon Ghar Scheme is 40 lakhs.
An aspiring candidate for this program must possess a concrete-built dwelling. Applicants are required to secure a mortgage from either a state-owned scheduled commercial bank, a rural regional bank, or Assam Co-operative Apex Bank.
The previous availing of a mortgage loan through any housing program is not permissible for the applicant. The project undertaken must mark the family’s inaugural joint venture. The combined family income of the candidate’s household must not surpass Rs. 20 lakh
Aponar Apon Ghar Home Loan Subsidy Scheme Interest Rates
The loan amount and the subsidy on it which can be availed under Assam Aponar Apon Ghar Scheme is given in the table below:-
| Loan Amount | Subsidy Amount |
| Rs. 5 lakh to Rs 10 lakhs | Rs 1 lakh |
| Rs. 5 lakh to Rs 10 lakh | 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 |
Aponar Apon Ghar Home Loan Subsidy Scheme Documents
The following are some of the most important documents needed for the scheme:
- Valid Identity Proof
- Assam State Residence Certificate
- Certificate of Annual Income
- Loan Documents Related To Home Loan Amount
- Bank account details
| Official Website | Click Here |
