Education Loan Repayment Support Scheme (ELRS) – Kerala State Cooperative Agricultural and Rural Development Bank

Education Loan Repayment Support Scheme, is implemented by theGovernment of Kerala w.e.f 01/04/2016.
The scheme provides Government support to those who availed of education loan and find it extremely difficult to repay the education loan debts after the completion of their course.
In ELRS, the Government will provide relief for a period of four years after the repayment holiday with effect from 1st April 2016 .
The coverage of the scheme is limited to the students admitted in recognized technical/Professional courses in India under merit Quota except for students who secured admission for nursing under Management quota.
The eligible students are permitted to apply by entering the web portal for ELRS which will be forwarded by the concerned PCARDBank to the Nodal Officer in H.O for onward transmission to SLBC for further processing.