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25 July 2026

Kerala Bank student loan scheme

This is a state-level micro-finance initiative that serves as a minor example of government-led financial inclusion and educational support, but it lacks the national significance required for a direct UPSC question.

1 min read 1 questions 1 prelims

Notes

  • Kerala State Cooperative Bank (Kerala Bank) is launching the 'Gen Z Tech Loan' scheme.
  • The scheme provides financial assistance for the purchase of laptops and tablets for educational purposes.
  • Target demographic: Undergraduate students and above.
  • Maximum loan amount: ₹1 lakh.
  • Interest rate: 6.99%.
  • Repayment period: 30 months.
  • Requirement: Parent of the student applicant must act as a guarantor.
  • Launch location: Kakkanad, Ernakulam.
  • Launch date: July 27.

Questions

  1. Examine the role of state cooperative banks in promoting financial inclusion and supporting higher education access in India. Discuss with reference to the 'Gen Z Tech' loan scheme. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. The 'Gen Z Tech' loan scheme, recently in the news, is an initiative by which of the following institutions?

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-07-25/kerala-bank-student-loan-scheme