Apun Bahan Scheme Assam 2026: Eligibility Criteria, Benefits List

In 2024, the government of Assam introduced the Apun Bahan Scheme, in which the government provide the loan facilities to all state employees to buy a motor vehicle. And the Loan interest which is charged by the authority from male employees is 2% for Petrol and diesel vehicles and 3% on electric vehicles. And this scheme charges an interest rate from female and physically disabled employees of the state is about 3% on every purchased vehicle.

By availing this kind of loan facility at the lowest interest rate, now the government employee of the state will fulfil their needs, goals and dreams to buy a vehicle for themselves. So this is the State government scheme of the Assam state. If you want to know the full process of availing a loan under the Apun Bahan Scheme, Assam, then check the full blog.

Apun Bahan Scheme Assam

As we all know, every person has the dream to buy a vehicle, whether it is a 2-wheeler or a 4-wheeler for themselves. So to fulfil their dream, the state government announced this scheme with the Apun Bahan Scheme in which the government provide the benefits to buy the vehicle. In this scheme, you can buy an electric, diesel, or petrol vehicle as per your choice at a very low interest rate.

The loan is given against the vehicle at 85 to 90% of the total cost of the vehicle. And you can pay back the loan amount in a minimum of 3 years and a maximum of 7 years. For this scheme, you can only submit the offline application form to get the disbursement of the loan. Check the process for submission of the offline Application Form.

Apun Bahan Scheme Key Points

Eligibility Criteria for Apun Bahan Scheme

• Citizenship: This scheme is only applicable to government employees or officials of the state of Assam.
• Age Group Targeted: Only those government officials aged between 21 and 53 years will be eligible to get a loan.
• Job Duration: Applying candidates must be serving with the Government of Assam for at least 7 years.
• Income Criteria: Annual income of the applicant’s family is not more than Rs.3 Lakhs.

Checkout: CMAAA 3.0 Registration

Apun Bahan Scheme Benefits List

• Loan Facilities: With the help of this scheme, the government provide the loan facilities at the lowest interest rate.
• Complete Dream of Vehicle: By getting loan facilities, now every government employee can fulfil their need and dream of having a car.
• Loan Amount: For every vehicle, the loan amount is given as 80 to 90% of the vehicle’s price on the road.  
• Low Interest Rate: The loan will be available at very little interest, like for males, it is 2% for Diesel or Petrol vehicles and 3% for electric cars. For females and Physically Disabled people, it is 3%.
• Subsidy: Apart from a loan with low interest, the government also provides a subsidy and the same subsidy is given to the applicant directly in their salary account.
• Repayment of Loan Facilities: Candidates can pay back the loan amount over a 3-year to 7-year time period.

Documents List

• Residence Proof: Submit the Bonafide, Domicile Certificate, Ration Card, or any domestic bill for the house.
• ID proof: State employee ID Card, Voter Card, Aadhaar card.
• Financial Status: ITR, Salary Slip, Family Income Certificate
• For Subsidy: Submit your salary bank account Number.

Assam Apun Bahan Scheme Application Process

• Check Eligibility: Before applying for this scheme, every one need to check the full eligibility Criteria for the scheme.
• Prepared Documents: Then, to show proof of your eligibility Criteria, you need to prepare the Fresh documents in the name of the applicant.
• Get the Apun Bahan Scheme Application Form: You have to visit the Drawing and Disbursement Office of the Financial Department of the state of Assam and collect the application form.
• Fill Form: Now, enter all the requisite details in the application form as required in the form and attach all the necessary documents.
• Submit Form: After filling out the form, submit the form with documents to the same DDO Office.
• Get Approval: Then the DDO Office will verify your documents, and then forwarded to the Bank and then if your loan amount is approved, you will be able to get the loan from the bank.

Apun Bahan Scheme Loan Details

• Loan Amount Maximum: The maximum Loan amount is Rs. 15 Lakhs and 48 times the monthly income.
• Pay Back Loan: from 3 years to 7 years, you can pay back the loan in instalments.
• Loan Financing: You will finance from 85% to 90% of the cost of the loan on time.
• Type of Vehicle: You can only buy the vehicle for personal use; you can not use the vehicle for commercial purposes.

Related: Mission Basundhara 3.0

Apun Bahan Scheme Loan Process

When the applicant submits the form and gets the approval of the loan, then the amount will be directly disbursed to the dealer of the vehicle. The interest subsidy, which is given by the government, is directly given to the employee in their salary bank account. You just need to pay the instalment of the loan amount to the bank.

Process for Repayment of Loan

Once you get the sanction of the loan in your name, then from the same date, you can easily pay the instalment. The repayment of the loan can be completed by the employee in a minimum of 3 years and a maximum of 7 years.

FAQ’s