Apun Ghar Assam Home Loan Scheme

About Apun Ghar Assam Home Loan Scheme:

apun ghar assam home loan is the new house loan scheme for the state government employees and launched by the Assam government. The government of Assam has signed the MoU with the SBI to provide loans for the home with hugely subsidized interest rates like 5% for women employees and 5.5% for men employees.

This Apun Ghar loan scheme is provided without any collateral security and the processing fee. The main aim of this scheme is to provide the houses to all state residents. Under this scheme, the state government employees can get loan up to 15 lakhs with a 3.5 % interest rate.

Eligibility Criteria for Apun Ghar Assam Home Loan Scheme:

  • All government employees who belong to lower income groups are eligible to get this scheme
  • Applicant must have 21 years of age at the time of registration
  • Residual service of 5 years
  • The SBI targeted to provide the 10000 home loans till the May month of next year

Required Documents for Apun Ghar Home Loan Scheme:

  • Recent 5 copies of passport size photographs
  • Form 16 for last 2 years
  • PAN card, Voter ID, Identity card (anyone)
  • Address proof: Electricity bill, passport, Landline telephone bill and SBI account passbook with updated address
  • Salary slips (recent) with all deductions duly certified by DDO
  • No salary dues from the bank if the salary is not credited in SBI account
  • Last six-month statement of salary account
  • Documents evidencing ownership of land/constructed/building to purchase like Jamabandi copy
  • Personal assets also liabilities statement in bank format

How To Apply Apun Ghar Assam Home Loan Scheme:

  • Applicants visit the SBI bank branch to apply for Apun Ghar Assam Home Loan Scheme
  • And collect the Apun Ghar Scheme Application form
  • Or else Candidates can download the Application Form through online by clicking this link http://finance.assam.gov.in/sites/default/files/APPLICATION%20FORM%20FOR%20HOME%20LOAN_2.pdf
  • The applicant can contact the District Drawing and Be Disbursing Officer (DDO) with the filled application form
  • Submit the Application form along with the required documents as mentioned above
  • DDOs will forward loan application to SBI for processing to disburse the loans
  • No processing fee will charge for the applicant for loan application

Apun Ghar Assam Home Loan Scheme Benefits:

  • The lower rates of interest rate will give. 5% for the female candidates and 5.5% for male candidates
  • Under this scheme interest rates are 3 to 3.3%. It is less interest rate when compared to the presently available interest rates on home loans
  • The loan under this scheme can take for the tenure of 20 years
  • Easy EMI facility will start from Rs 13,017
  • After the subsidy, the EMI will Rs 10, 318 for male and Rs 9,899 for female candidates

This is all about the Apun Ghar Assam Home Loan Scheme. This scheme is very useful for the State Government employees. Hope this article is helpful to you. Please share your suggestion and experiences with us.

Also Read: Aamaar Aalohi – Assam Rural Home Stay Scheme