The Apun Ghar Scheme is a housing loan initiative launched by the Government of Assam in the Budget 2016-17, aimed at providing affordable home loans to permanent state government employees. Under this scheme, employees receive interest subvention from the government, significantly reducing the effective interest rate on loans availed for purchasing or constructing a house or flat.
The scheme is implemented in collaboration with State Bank of India (SBI) and is applicable for new house/flat purchases, construction, and even home loan takeovers from other banks.
Key Highlights of Assam Apun Ghar Yojana
-
Scheme Name: Apun Ghar – Housing Loan Interest Subvention Scheme
-
Launched By: Government of Assam (Budget 2016-17)
-
Interest Subvention: 3.50% by Govt. of Assam
-
Effective Interest Rate:
-
5.00% for Women
-
5.05% for Men
-
-
Loan Limit with Subsidy: Up to ₹15.00 lakh
-
Loan Term: Up to 20 years (240 EMIs)
-
No Mortgage Required: For loans up to ₹10.00 lakh
-
Eligibility: Regular Assam Government Employees with a minimum 5 years of residual service
-
Partner Bank: State Bank of India (SBI)
Home Loan Benefits
-
Interest Subvention of 3.50% reduces the burden on employees
-
Loan up to ₹15 lakh at 5.0% (women) and 5.05% (men) interest rate
-
EMI deduction up to 70 years of age (if pensionable and SBI pension account holder)
-
No mortgage required for loans up to ₹10 lakh (proposed to be raised to ₹15 lakh)
-
Loans available for new/old house purchase, flat construction, or takeover from other banks
-
Insurance coverage for property against natural calamities and disasters
-
Check-off facility through DDOs for hassle-free EMI deduction
-
Dedicated SBI window and grievance redressal cells for Apun Ghar scheme beneficiaries
Eligibility Criteria
-
Must be a permanent state government employee in Assam
-
Minimum age: 21 years
-
Minimum residual service: 5 years
-
Maximum loan tenure:
-
Up to 70 years of age (if pensionable with SBI pension account)
-
Up to 60 years of age for non-pensionable service
-
-
Apply within 2 years of the issuance of the scheme notification
-
Employees not banking with SBI must submit a No Dues Certificate
-
Employees who have already availed benefits under this scheme are not eligible again
-
Loan not applicable for ancestral property purchases from close relatives
How to Apply – Offline Only
Step 1: Employee fills the Apun Ghar Loan Application Form and submits it through their Drawing and Disbursing Officer (DDO).
Step 2: DDO issues:
-
Salary certificate
-
Service details (e.g., pensionable status, joining date, retirement date)
-
Conducts initial scrutiny and forwards the application with a Check-Off Letter to SBI.
Step 3: A special SBI team at regional offices/branches processes the application and sanctions the loan based on eligibility.
Step 4: Post-sanction, documentation and disbursement are completed through a branch near the property or the employee’s posting location.
Step 5: A dedicated grievance redressal cell at SBI regional business offices assists with scheme-related issues.
Necessary Documents for Application
-
5 passport-size photographs
-
Photo ID Proof (PAN Card, Voter ID, or Official Identity Card)
-
Address Proof (Electricity Bill, Landline Bill, Passport, or SBI Account Passbook with address)
-
Form 16 for the last 2 years
-
Latest Salary Certificate with deductions from DDO
-
6 months bank statement (if not banking with SBI)
-
No Dues Certificate (if salary credited in the non-SBI bank)
-
Asset & Liabilities Statement in SBI format
-
Ownership Documents for land/property (Jamabandi, Sale Deed, etc.)
Frequently Asked Questions (FAQs)
Q: What is the interest subsidy offered under the Apun Ghar Scheme?
3.50% interest subvention from Govt of Assam.
Q: What is the effective interest rate?
5.0% for women and 5.05% for men.
Q: Is a mortgage required?
No mortgage for loans up to ₹10 lakh.
Q: Can I apply for this loan after retirement?
No, but repayment can continue up to 70 years if pensionable and the pension account is with SBI.
Q: How many times can I avail this scheme?
Only once during your service tenure.
Q: Who processes the loan?
Special teams at SBI regional business offices and designated branches.
Q: Can close relatives apply together?
Yes, if all are state government employees of Assam.
Q: How is the subsidy disbursed?
Credited monthly to the employee’s salary account by the Assam Government.
Q: Where can I lodge complaints?
At the Grievance Redressal Cell at SBI regional business offices and SBI’s Local Head Office in Guwahati.
References & Important Links
- Application Form – SBI
-
Apun Ghar Circulars and Notifications
