The Assam government has introduced a special housing loan subsidy program called the Apun Ghar Home Loan Subsidy Scheme. This scheme is designed especially for state government employees so they can buy or build their own homes at much lower interest rates. By offering subsidized loans, the government is making housing more affordable and reducing the financial pressure on employees.
What is the Apun Ghar Scheme?
The Apun Ghar scheme is a financial assistance program launched by the Government of Assam in partnership with the State Bank of India (SBI). Under this scheme, permanent state government employees can take a housing loan of up to ₹15 lakh without providing any collateral.
The interest subsidy of 3.5% makes the final interest rate much lower than normal bank loans. For men, the effective rate is 5.05%, and for women employees, it is further reduced to 5%, encouraging more female applicants to benefit from the program.
Key Features of Assam Apun Ghar Scheme
- Loan amount: Up to ₹15 lakh
- Collateral-free loan: No property security required
- Interest subsidy: 3.5% reduction on interest rate
- Final rates: 5.05% for men, 5% for women
- Maximum repayment period: 20 years
- Partner bank: State Bank of India (SBI)
This scheme is a big relief for many employees who usually find it difficult to arrange collateral or manage high EMI payments.
Eligibility Criteria
Only specific employees are allowed to apply. The basic conditions are:
- Applicant must be a permanent resident of Assam.
- Minimum age required is 21 years.
- Only permanent state government employees can apply.
- The employee should have completed at least 5 years of continuous service.
- Those who already have a housing or education loan with SBI can shift to the subsidized version after 1 year.
Documents Required
Applicants must keep the following documents ready while applying:
- Passport-size photographs
- Valid ID proof (employee ID, PAN card, voter ID, etc.)
- Address proof showing Assam residency
- Salary slip attested by the Drawing and Disbursing Officer (DDO)
- Last 6 months’ bank statements
- Certificate proving 5 years of continuous service
Repayment Rules
The repayment process is designed to be employee-friendly.
- Pensionable employees must clear the loan before reaching 70 years of age.
- Non-pensionable employees must complete repayment before the age of 60 years.
- Loan tenure can go up to 20 years, which reduces EMI pressure.
Why This Scheme is Important
Housing is one of the biggest expenses for salaried people. Normally, getting a home loan requires collateral, high EMIs, and strict eligibility checks. The Apun Ghar Scheme removes these barriers by offering loans without collateral, with reduced interest, and a long repayment period.
This step by the Assam government ensures that employees working for the state can own their dream home without falling into financial stress. It also promotes stability and long-term security among government staff.
How to Apply for Assam Apun Ghar Home Loan Subsidy Scheme
The application process is simple:
- Visit the official Assam Government portal (https://assam.gov.in/).
- Go to the Schemes and Projects section.
- Select Apun Ghar Home Loan Scheme and download the form.
- Fill in the required details and attach all supporting documents.
- Submit the completed form to your DDO.
- The DDO will forward the application to SBI for final approval and loan processing.
Conclusion
The Assam Apun Ghar Home Loan Subsidy Scheme 2025 is a strong step towards affordable housing for government employees. With lower interest rates, zero collateral requirement, and flexible repayment options, this scheme is a win-win for thousands of employees who dream of owning a home. By making loans simple and affordable, the Assam government is not only supporting its staff but also boosting housing development in the state.
FAQs
Who can apply for the Assam Apun Ghar Home Loan Subsidy Scheme?
Only permanent employees of the Assam state government who have completed at least 5 years of service are eligible.
What is the maximum loan amount under the scheme?
Employees can borrow up to ₹15 lakh without providing collateral.
What is the interest rate after subsidy?
- For men: 5.05%
- For women: 5%
What is the loan repayment period?
The maximum repayment period is 20 years.
Do I need to provide collateral for this loan?
No, the scheme allows employees to get housing loans without any collateral.