The Assam government has announced a series of financial relief measures for people affected by the recent floods, including a six-month moratorium on loan repayments, financial assistance for flood-hit Namghars, and additional credit support for small traders.
Chief Minister Himanta Biswa Sarma said the decisions were taken following a special meeting of the State Level Bankers’ Committee (SLBC) to reduce the financial burden on families, farmers, businesses and self-help groups affected by the floods in Upper Assam.
Under the relief package, borrowers in the flood-affected districts of Sivasagar, Charaideo, Golaghat and Jorhat will receive a six-month moratorium on repayment of housing, education and vehicle loans. The moratorium will take effect from July 19, 2026, and will be applicable only to loan accounts classified as standard accounts and not as non-performing assets (NPAs).
The government has also extended the six-month repayment relief to farm loans, crop loans and loans availed by self-help groups (SHGs) in the four districts.
During the moratorium period, eligible borrowers will not have to pay their regular loan instalments. After six months, they will be allowed to extend the repayment tenure by six months to one year, subject to banking regulations and individual requirements.
Sarma also announced that, depending on the loan category, the repayment period for eligible bank loans could be extended for up to seven years, providing additional flexibility to flood-affected borrowers.
In another relief measure, the state government will provide a one-time grant of ₹1.5 lakh to each flood-affected Namghar in Sivasagar and Charaideo districts to support restoration of these community prayer halls.
Small traders affected by the floods have also been brought under the relief package. According to the Chief Minister, owners of retail shops in the affected areas will be eligible for an additional loan of ₹10,000 without furnishing any fresh collateral or mortgage.
Sarma said the measures are intended to support families whose homes, agricultural activities, businesses and livelihoods have suffered extensive losses due to the floods.
The announcements come as the state government intensifies relief and rehabilitation efforts in the four worst-affected districts of Upper Assam, where thousands of people continue to recover from the devastating impact of the floods.
