Assam Apex Bank Concessional Artisan & Weaver Credit Scheme
Concessional institutional micro-credit scheme providing working capital loans up to ₹2 Lakh at 4% subsidized interest to rural handloom weavers, bell-metal artisans, and terracotta craftsmen.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
₹50 Crore credit corpus backed by State Interest Subvention
Official Budget Document ↗Over 24,000 rural artisans and weavers financed
As of: 2026-01-20PIB / Official Citation ↗Verified Eligibility Criteria
Must be a bona fide resident of the state with valid documentation.
Required Documents Checklist
Verify readiness before applying for Assam Apex Bank Concessional Artisan & Weaver Credit Scheme. Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(4)
Check off as readyKeep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for Assam Apex Bank Concessional Artisan & Weaver Credit Scheme?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
🔒 Secure Razorpay Checkout • 100% Independent
Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Apply at any branch of The Assam Co-operative Apex Bank Ltd.
- 2
Attach artisan/weaver card and certificate from village Gaon Panchayat.
- 3
Branch Manager conducts field appraisal of workshop/loom.
- 4
Credit sanctioned and disbursed within 14 working days.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Existing loan default with any scheduled bank or absence of verifiable production unit.
Official Government Application Portal
You will be redirected to the secure official portal: cooperation.assam.gov.in
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Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the effective interest rate for artisans?
With the state government's 3% interest subvention, the net interest rate payable by the artisan is only 4% per annum.
Source: Official Scheme FAQ ↗Is any collateral security required for loans up to ₹2 Lakh?
No, loans up to ₹2,00,000 are sanctioned on personal hypothecation of tools and raw materials without land collateral.
Source: Official Scheme FAQ ↗Can Sarthebari bell-metal artisans apply?
Yes, Sarthebari bell-metal, Asharikandi terracotta, and Sualkuchi silk weavers are prioritized.
Source: Official Scheme FAQ ↗Can I track my Assam Apex Bank Concessional Artisan & Weaver Credit Scheme application status?
Application status for Assam Apex Bank Concessional Artisan & Weaver Credit Scheme can typically be tracked through the official portal at cooperation.assam.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my Assam Apex Bank Concessional Artisan & Weaver Credit Scheme payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving Assam Apex Bank Concessional Artisan & Weaver Credit Scheme benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Existing loan default with any scheduled bank or absence of verifiable production unit.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-19 | scheme_type | state | Official Source ↗ |
| 2026-10-06 | ministry_id | 406 | Official Source ↗ |
| 2026-09-28 | initial_verification | Baseline verification of Assam Apex Bank Concessional Artisan & Weaver Credit Scheme from official state portal. | Official Source ↗ |
| 2026-09-28 | initial_verification | Baseline verification of Assam Apex Bank Concessional Artisan & Weaver Credit Scheme from official state portal. | Official Source ↗ |
⚖Compare with Similar Schemes
Side-by-side eligibility, benefit, and effort comparison:
Application Window & Deadlines
Continuous online and district facilitation desk intake
🛟Grievance & RTI Channels
Scheme Intelligence
How is this calculated? ↗Verified 21d ago from .gov.in source
Requires documentation or office visit
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📅Scheme Milestone Timeline
Baseline verification of Assam Apex Bank Concessional Artisan & Weaver Credit Sc...
Official Source ↗Baseline verification of Assam Apex Bank Concessional Artisan & Weaver Credit Sc...
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Complementary programs with non-conflicting eligibility that you can claim concurrently:
Official Helpline & Nodal Offices
The Assam Co-operative Apex Bank Ltd.
Apex Bank Building, Panbazar, Guwahati 781001
Helpline: 0361-2544218
Jurisdiction: Statewide (Assam)Notice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-09-28 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.