The government of Assam has decided to facilitate housing Loans for regular state government employees as per the announcement made in the budget. In this article, we are going to discuss the Assam Apun Ghar Scheme, under which a housing loan will be provided to regular state government employees. Read this Article to learn more about the SBI Apun Ghar Scheme, Apun Ghar Scheme Last Date, and Apun Ghar Scheme Application Form.
Assam Apun Ghar Scheme 2024
The Chief Minister of Assam Shri Himanta Biswa Sharma has Decided to Reintroduce the Apun Ghar Scheme for Regular State Government Employees. The State Government has decided to provide loans to the State Government Employees through the State Bank of India.
The State Bank of India has proposed extending housing loans to State Government employees at an interest rate of 8.50% (for women) and 8.55% (for men). The Government has decided to provide a subvention of interest @ 3.5% and after applying this interest subvention, the employees would get housing loans up to Rs 15.00 lakh @ 5.0% (for women) and @ 5.05% (for men).
Facilities of Apun Ghar Scheme Assam
- To Provide Hosting Loans to the Regular State Government Employees.
- To Provide Interest Subvention of 3.5% on Housing Loans for Both Men and Women.
- No Processing Fees will be charged from the State Government Employees For Housing Loan.
- Check-off facility will be Given by DDOs of the Concerned Employees for Recovery of Interest and Principal Amount.
- Close relatives can come together to avail housing loan jointly if they are employees of the Government of Assam. Government interest subvention will be availed on loan clubbing together up to the prescribed limit.
- A suitable formula will be worked out to take a floating rate as a basis so that in the event of a reduced interest rate in the future, the employees will get due benefits.
Key Highlights
| Scheme Name | Assam Apun Ghar Scheme |
| State | Assam |
| Launched By | Himanta Biswa Sharma |
| Category | Important Scheme |
| Beneficiary | State Government Employees |
| Benefit | Interest Subvention Scheme |
| Application Mode | Offline |
| Official Website | Click Here |
Assam Apun Ghar Scheme Eligibility Criteria
- Applicants should be Regular Government Employees to Get Benefit from the Scheme.
- There will be no need of a mortgage of property for a loan amount up to Rs 10.00 lakh. However, the SBI has referred this matter to their corporate center to increase the margin up to Rs. 15.00 Lakh.
- The benefits of interest subvention will be available to the eligible employees who apply for the housing loan within 2 years from the date of issuance of the Government Office Memorandum/Notification.
- A minimum of 21 years and at least 5 years of residual service will be eligible for the loan scheme and maximum of 70 years for employees with pensionable service and a maximum of 60 years for non-pensionable service holders, by which period the loan should be fully repaid.
Apun Bahan Scheme Documents Required
- Passport Size Photo
- Aadhar Card
- Pan Card
- State Bank Account
- Latest Salary Certificate
- No Dues Certificate
- 6 month Salary Statement
- Land or Building Ownership
- Mobile Number
Assam Apun Bahan Scheme Application Form
Application forms will be submitted by employees through their DDOS with a complete set of documents as per the checklist and application format provided by SBI. The format so customized shall contain a due and drawal statement of salary of the Government employee (applicant) which will be duly filled and certified in the format itself by the DDO concerned. The due diligence and scrutiny required will be done by SBI and the SBI team will accord final sanction based on the proposal. Click Here To Download The Apun Bahan Scheme Application Form
