The Assam state government launched the Apun Bahan Scheme Assam 2024. To provide loans to Government employees in the Assam state so that they can buy motor vehicles The Assam state government launched the Apun Bahan Scheme Assam 2024. Under the scheme, the authorities will charge an interest of 2 % on the purchase of petrol or diesel vehicles and 3% on electric vehicles for male employees and for female employees it is 3% for every vehicle. With the help of the scheme, the official Government employees of Assam state can fulfill their goal of buying a vehicle for themselves.

Eligibility

• The applicant must be a government official in Assam state.

• The applicant must be between the age group of 21 to 53 years.

• The applicant must be serving the Assam state government for 7 years.

• The annual income of the applicant’s family must not exceed INR 3 lakh.

Benefits Under Apun Bahan Scheme Assam

• With the help of the scheme, Government employees can fulfill their dreams of buying a vehicle.

• The government will provide loans to government officials with very little interest.

• The subsidy amount will be transferred directly to the salary account of the applicant.

• The applicants can also repair the amount of the loan with a minimum of 3 years and a maximum of 7 years.

Loan Amount and Process

• The maximum loan amount will be either 48 times the net monthly income or₹ 15 lakh, whichever is lower.

Repayment Period of Apun Bahan Scheme

• The repayment period of the loan under the Apun Bahan Scheme is 3 to 7 years