Launch of Portal for Education Loan Repayment Support Scheme

The portal for the education loan repayment support scheme introduced by Government of Kerala was launched by a group of beneficiaries in the presence of Hon’ble Finance Minister of Kerala Shri. T.M. Thomas Isaac, Hon’ble Education Minister of Kerala Shri. Ravindranath, Hon’ble Health Minister of Kerala Smt. K.K. Shylaja Teacher in a function held in state Guest House on 04th August 2017. Member of Legislative Assembly, Shri. V.S. Siva Kumar, Secretary (Financial Resources) Shri. Minhaj Alam,IAS, State Informatics Officer, NIC Kerala, Shri. T Mohana Dhas, Officials from State Level bankers Committee and major participating Banks also were present. 

The Unique Scheme introduced by Government of Kerala provides support to deserving students to repay their Education Bank Loans. The scheme is introduced as an online system for registration and submission of application along with relevant documents by the students.  The system is having online Facility for verification, processing, approval by the respective banks and also for the State level bankers committee for monitoring the scheme. The finance department can approve and transfer the funds to the respective banks through direct payment system. The portal is designed and developed by National Informatics centre, Kerala State centre. The status of the application is available through web site and SMS and email alerts are send to the beneficiaries at each stage of the processing of the application.

The Hon’ble Minister of Finance and Secretary (Finance Resources) appreciated the efforts of NIC launch the portal in time to introduce the new Scheme of the Government