Assam’s Aponar Apon Ghar Home Loan Subsidy Scheme Helps People Buy Homes

The government of Assam has introduced the Aponar Apon Ghar Scheme 2023 to assist the people of Assam in achieving their dream of owning a new home. This scheme offers a subsidy of up to 2.5 lakhs to eligible beneficiaries for building a house worth 40 lakhs. It’s important to note that only individuals applying for this program for the first time are eligible for these benefits.

This initiative aims to make it easier for the people of Assam to buy their first homes. Given the rising cost of housing, not everyone can afford a luxurious home. However, through the Aponar Apon Ghar Home Loan Subsidy Scheme, the state government is offering low-interest rate loans for new home purchases. Those who do not currently own a home can benefit from this housing welfare program.

To apply for this program and receive a 2.5 lakh rupee subsidy on a loan of up to 40 lakhs for their first home, individuals should apply online. Government employees can also enjoy an additional 3.5% interest subsidy. The maximum home loan amount under this scheme is Rs. 15 lakhs, with a loan term of 20 years. This scheme provides a valuable opportunity for people in Assam to make their homeownership dreams a reality.

Assam’s “Aponar Apon Ghar Home Loan Subsidy Scheme”

Scheme Name: Aponar Apon Ghar Home Loan Subsidy Scheme

Started By: Government of Assam

State: Assam

Who It Helps: People living in Assam

Goal: To offer affordable loans to people who don’t have a home so they can buy one

Who Can Benefit: Those who don’t own a home can get a low-interest loan to buy their first home through this program

How to Apply: You can apply online

Official Website:

Scheme Objective: Aponar Apon Ghar Home Credit

  • Addressing Inflation Woes: Rising prices make it hard for people to afford even necessities, like bread. This scheme aims to ease the financial burden on individuals struggling to cover their expenses.
  • Facilitating Home Ownership: Building a house can be a significant challenge due to financial constraints. This program offers a solution by providing affordable loans for home construction.
  • Empowering Economic Initiatives: Many face difficulties in starting businesses or other endeavours due to a lack of financial preparation. This scheme is designed to help individuals overcome these challenges.
  • Assamese Citizens Benefit: This plan is exclusively for residents of Assam, ensuring that the assistance directly benefits the local community.

Benefits of Aponar Apon Ghar Home Loan Subsidy Scheme

  • Open to All Residents: This scheme is not just for government workers; it’s available to all residents of the state.
  • Generous Loan Amount: You can get loans of up to Rs. 40 lakhs, and on top of that, you’ll receive Rs. 2.5 lakhs in subsidies.
  • Home Building Support: If you dream of building your own home, this program is here to help you.
  • Quality Housing: The scheme helps you construct solid and lasting “pucca” homes for your family.

Interest and Support Rates for Aponar Apon Ghar Home Loan

  • Loan Amount: Both women and men can get loans of up to Rs. 15 lakhs.
  • Interest Subsidy: For both women and men, there’s a 3.5% interest subsidy.
  • Interest Rate after Subsidy: After the subsidy, the interest rates are 5% for women and 5.5% for men.
  • Maximum Loan Tenure: The maximum time you have to repay the loan is 20 years, regardless of gender.
  • Effective EMI (for a loan of Rs. 15 Lakh for 20 Years):
  • Before Subsidy: Rs. 13,017 for both women and men.
  • After Subsidy: Rs. 9,899 for women and Rs. 10,318 for men.

Eligibility Criteria for Aponar Apon Ghar Home Loan Subsidy Scheme

  • Resident Requirement: To apply for this program, you need to be a permanent resident of Assam.
  • Loan Limit: The maximum loan available under the Aponar Apon Ghar Scheme 2023 is 40 lakhs.
  • Existing House Ownership: You should already have a “pucca” house to be eligible.
  • Approved Lenders: You must get your mortgage loan from a state-owned scheduled commercial bank, a regional rural bank, or the Assam Co-operative Apex Bank.
  • First-Time Applicant: You cannot have previously taken a mortgage loan under any housing program.
  • First Family Construction: The house you’re building should be the first construction project for your joint family.
  • Income Limit: Your family’s combined annual income should not exceed Rs. 20 lakhs to be eligible.
Video Credit : Sameer Bora

Documents Needed to Apply for the Scheme

  • Valid ID: You’ll need a valid identity proof.
  • Residency Proof: You must provide proof of residence in Assam.
  • Income Certificate: An annual income certificate is required.
  • Loan Documents: Documents related to your home loan amount are necessary.
  • Bank Details: You should have your bank account details ready when applying.

How to Apply for Aponar Apon Ghar Home Loan Subsidy Scheme

  • Start by visiting the official website of the Aponar Apon Ghar Home Loan Subsidy Scheme, which is
  • On the website’s homepage, you’ll see a link for the Aponar Apon Ghar Home Loan Subsidy Scheme. Click on it.
  • An application form will appear on your screen. Fill in all the required details in the form.
  • You’ll need to upload the necessary documents as well.
  • Once you’ve completed the form and uploaded the documents, click the submit button to finish the application process.