APUN GHAR: A golden opportunity to buy your dream house.

Apun Ghar

Apun Ghar is a interest subvention scheme by the State Government of Assam. The aim is to provide housing loan to the regular State Government employees through the State Bank of India (SBI). Apun Ghar is a Home Loan Scheme to provide home loans at a lower interest rates for the state government employees. As per data released by the Government, about 4.5 Lakh Government employees will benefit under the home loan scheme.

In order to avail benefits of this home loan scheme, the applicant must be above 21 years. He or she must be employed in any of the state government departments for a minimum of 5 years and above.

It is important to note that the benefits of Apun Ghar Scheme will be available to only those State Government employees who will apply for a housing loan within 2 years from the date of issuance of the Government notification.

Difference between SBI Loan Rate and Apun Ghar Loan Rate

SBI has decided to extend the home loan to the State Government employees at an interest rate of 8.50% for women and 8.55% for men. Assam Government will provide 3.5% subvention of interest provided the employee applies for the subvention. Once the subvention application is approved, the effective interest rate of home loan will be 5.00% for women and 5.05% for men.

The EMI of the Apun Ghar Home Loan will be charged to the employee by SBI at 8.5% and 8.55% respectively, and the State Government will credit the subsidy of 3.5% into the salary account of the State Government employees.

The interest rate for a normal home loan from SBI is around 9% for an ordinary citizen of the country.

Other Benefits of Apun Ghar Home Loan Scheme

Loan Amount: Under this Apun Ghar Home Loan Scheme, the eligible employees would be able to get the maximum loan amount of Rs. 15 Lakhs.

Loan Tenure: Apun Ghar home loan scheme will provide home loan for a period of 20 years. For pensionable service holders, the loan has to be repaid by the age of 70 years. For non-pensionable service holders, the loan has to be repaid by the age of 60 years.

No Processing Fee: Unlike the other home loans offered by the state banks of India, Apun Ghar home loan will have no processing fee for the State Government employees.

Floating Interest Rate: The State Government employees will enjoy a floating rate of interest so that they can take the benefit of a reduced market lending rate.

Purpose of Loan: The loan will be sanctioned for the following purposes – 1) Construction of a house on an existing plot of land either in the name of the State Government employee or the spouse; 2) Purchase of land and construction of house on it; 3) Purchase of flats or readymade buildings within the state of Assam. It will not be given for purchase of land or house from close relatives.

Mortgage: There is no need for mortgaging the property or land of the State Government employee up to a Apun Ghar loan amount of Rs. 10 lakhs. For loans above 10 lakhs, SBI will release the Title Deeds and issue a ‘No Due’ certificate to the borrower with a copy to the Finance Department of the Govt. of Assam.

Loan Transfer: State Government employees will be able to transfer their existing home loans with SBI or any other bank into this Apun Ghar Subsidy Scheme to avail the interest discount.

Loan Application: The loan applicants are required to visit the nearest District Drawing and Disbursing Office with the complete set of documents as per the check list and application form provided by the SBI.
Apun ghar - Assam State Government Initiative

Joint Application: Close relatives can come together to avail the home loan jointly, provided they are both employees of the State Government of Assam. The combined loan amount should be within the prescribed loan amount limit.

When was it announced?

The Apun Ghar housing loan scheme of Assam government was announced by the Assam government in the month of March 2017. The scheme will kickstart in the Financial Year 2017 – 2018.

Apun Ghar is clearly an initiative taken under the vision of the  Pradhan Mantri Awas Yojana to provide housing for all by the year of 2022.

29 thoughts on “APUN GHAR: A golden opportunity to buy your dream house.

  1. Sir ,i wnt take apun ghor loan scheme.but i am a contractual teacher under ssa assam.may i elligible for this scheme

    1. Dear Mr. Dipen,

      Thank you for visiting our website. Please visit our contact us page and provide your contact details so that we can call you and explain the details to you over phone.

      Best regards,
      Website Team.

  2. Sir,I have taken the loan.Already I have paid the EMI of 8.55% for a period of about 11 months…but yet I have not obtained the govt.subsidy….when will I get it….Again the Bank obliged me to open two insurance policy against my Apon ghar loan…one is SBI Life another is General Insurance sbi…..I have requested the bank not to do that but they denied…

    1. sir, l have already taken the apun ghsr loan on sept /2018. But l have not get Govt subsidy. when it will get?

  3. Sir,
    . I have taken apun ghar loan and I have paid EMI 8.55 %.But yet I have not get any government subsidy. When will I get it?

  4. Sir, my father was Police Inspector and he had expired last year Nov, 2017. Now my mother is drawing a pension of Rs.30,000 per month under State Government. Is she eligible for the apun ghar loan? Kindly let me know. Thanking You. Contact No- 8486353024/ 8638012807

    1. Apun Ghar benefit is being given to the person who are in the employment with the govt of Assam, having at least five years of remaining service. Hope we have clarified your query.

  5. After how many years the subsidy amount will be credited to the govt.servant account? Actually many people not yet recieved the subsidy even after completion of loan tenure 3 years.

  6. Sir my father was a employer of PWD department under the state government…. We wnt take the apon ghor loan scheme but we haven’t a landpatta.. may we are eligible for this scheme

  7. Sir ,i wnt take apun ghor loan scheme.but i am a contractual teacher under ssa assam. 2nd may 2017 gote regular may i elligible for this scheme

  8. sir, i am serving in indian army , citizen of assam and 22 years of service is remaining, am i eligible for this apon ghor loan scheme..

  9. My father is working assam forest battalion. My father applied apun ghar loan.. 3 month ago but still don’t get the loan.. All documents are clear.. What is reason.. Any one tell me.

    1. Thank you for your question. However, this may not be the right forum to find the answer for such a question. You may ask your bank or a loan providing official for the same..

    1. Did you take the Apun Ghar loan to buy one of the properties of Protech Group? Please call our customer care number for more details – 98540 47000. Thank you for contacting us.

    1. Kindly check with the bank that has given you the home loan under and apun ghar scheme of the Government. We are not the stakeholders to answer this query.

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