Former CM Karunanithi’s Birth Centenary: Education loan disbursement camp to be held in Pollachi on August 16 and 18

On the occasion of the birth centenary celebrations of former Chief Minister M Karunanidhi, Coimbatore District Collector Kranthi kumar Pati has announced that a mega education loan disbursement camp will be held on August 16 and 18 for the students of pollachi parliamentary constituency to pursue higher studies.


Coimbatore: District Collector Kranthi kumar Pati has announced that a mega education loan disbursement camp will be held in pollachi parliamentary constituency.

In a statement, the District Collector said,

On the occasion of the birth centenary celebrations of former Chief Minister M Karunanidhi, a massive educational loan scheme will be held in the presence of Pollachi MP K Shanmugasundaram to provide education loans to students of Pollachi parliamentary constituency to pursue higher studies.

Accordingly, the students of Udumalpet, Madathukulam, Pollachi Valparai and Anaimalai taluks will be organized on Wednesday, 16.08.2023 from 8.00 a.m. to 5.00 p.m. at the premises of Dr. Mahalingam College of Engineering and Technology, Udumalpet Road, Pollachi.

Similarly, a mega education loan camp will be held at Karpagam University, Echanari from 8.00 a.m. to 5 p.m. on Friday, 18.08.2023 for the students of Kinathukadavu, Thondamuthur and Sulur taluks.

Vidyalakshmi, a website has been developed and educational loans are being disbursed to a deserving student who feels that economics should not be a barrier to pursuing higher studies.

Certificate courses (ITIs), diploma courses, degree courses, arts and science courses and vocational courses which can be studied after completing 10th and 12th courses are provided with educational loans.

All the students who get allotment in administrative quota and counselling are eligible for education loan. Students who are enrolled in colleges under management quota should have secured 60 per cent marks in general category and 50 per cent marks for SC/ST and girls. There are no these marking limits for students enrolling through counselling.

Students who want to avail education loans have aadhaar card and PAN card. Class 10 mark sheet, class 12 mark sheet, bank account number, college admission order, proof that he is a student of Bonofide, It should be posted on the website "Vidyalakshmi" along with documents such as proof of college expenses, caste certificate, income proof, first graduate certificate etc.

There is no need to pay any collateral up to Rs 4 lakh to get an education loan. Only a third-party warranty signature between Rs 4 lakh and Rs 7.50 lakh is sufficient. The property has to be furnished as collateral equivalent to the loan amount above Rs 7.50 lakh.

The education loan can be paid in 120 monthly instalments after one year after completion of the course. For more details, you can approach the District Pioneer Bank for advice.

Therefore, for pursuing higher education, the students can participate in this camp and apply on the website "Vidyalakshmi" along with the relevant certificates and get an education loan.

District Collector Kranthi kumar Pati said.

Newsletter

Gandhi Jayanthi, Milad-un-Nabi TASMAC liquor shops to be closed - Coimbatore Collector

Coimbatore collector has announced that TASMAC shops will remain closed for two days on Milad-un-Nabi on September 28 an...

Supply of drinking water halted in Udumalpet for 2 days

According to the Udumalpet Municipality, water supply is being suspended for two days on September 21 and 22 owing to ma...

Deepavali 2023: Coimbatore district administration imposes conditions for setting up of firecracker shops

Applications are invited only online on the basis of the requirement of obtaining temporary fireworks licence from the D...

Coimbatore Corporation to hold tax collection camp on September 16, 17 - Corporation Commissioner

Coimbatore Corporation Commissioner has announced that the public can pay their tax dues using the special tax collectio...

Power outage in Selampalayam today - Dharapuram Divisional Electricity Board Notification

Dharapuram Divisional Electricity Board Executive Engineer V Balan said that the power supply will be suspended from 9 a...

Guidelines for immersion of Vinayagar idols in water bodies released in Coimbatore

The district administration has issued guidelines for immersion of Ganesha idols in water bodies in Coimbatore district...