Collector S. Kandasamy distributing an educational loan sanction order to a student at the Collectorate in Erode, Tamil Nadu, on November 28, 2025. Photo: Special arrangement
At the third special educational loan camp held at the Collectorate on Friday (November 28, 2025), District Collector S. Kandasamy distributed educational loan sanction orders worth ₹2.5 crore to 49 college students.
Speaking at the event, the Collector said that the State Government has been implementing several schemes to promote education, including the Pudhumai Pen Scheme, which provides ₹1,000 per month to girl students studying from Classes 6 to 12 in government schools. He said educational loans should be viewed not as a burden but as an investment in the future, and urged banks to extend loans without hesitation.
He also stressed the need to create awareness among college students and encourage applications through the Vidyalakshmi portal. The district’s annual target of ₹75 crore in educational loans has already been surpassed, reaching ₹98 crore, he said. Assistance was also provided at the camp to help students submit fresh loan applications.
Educational Loan Guide Anbarasu addressed the gathering and highlighted how educational loans support students’ progress. Since the start of the financial year, banks in Erode district have sanctioned ₹98 crore in educational loans to around 1,300 students. More than 200 people, including bankers, students and parents, participated in the event.
District Lead Bank Manager Vivekanandan, Canara Bank Regional Manager Pavithran, Senior Manager S. Saikannan, and other officials took part.
Published – November 29, 2025 04:22 pm IST
