Categories: Banking

Canara Bank tied-up with ASAP to launch skill loans

Canara Bank has launched ‘skill loans’ in association with the Additional Skill Acquisition Programme (ASAP), Kerala, the government company under the Higher Education Department. Under this facility, the loan is ranging from Rs 5,000 to Rs 1.5 lakh. This loan can be availed of by students who are pursuing skill training programmes which are offered by ASAP Kerala or any other Central or State government-recognised agencies.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Collateral free loans will be provided to students and have a repayment period of three to seven years. Students can also avail themselves of a moratorium on repayment for the duration of the course and for an additional 6 months.

Important takeaways for all competitive exams:

  • Canara Bank Establishment: 1 July 1906;
  • Canara Bank Headquarters: Bangalore, Karnataka;
  • Canara Bank CEO & MD: Lingam Venkat Prabhakar;
  • Canara Bank Tagline: Together we can.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which District of Uttar Pradesh is Known as the City of Rose Water?

There are many cities in India that are known for something special, like species, textiles…

11 hours ago

Jagannath Rath Yatra 2025 Begins with Snana Purnima Today; Check Full Schedule, Start and End Dates

Every year in Puri, Odisha, a very special festival takes place to honor Lord Jagannath,…

13 hours ago

Katrina Kaif Appointed Global Tourism Ambassador for the Maldives

In a strategic tourism and diplomatic move, Bollywood actor Katrina Kaif has been named the…

13 hours ago

GK Quiz on Kabir Das Jayanti 2025, Questions and Answers

Kabir Das Jayanti is celebrated every year to remember the birth of Sant Kabir Das,…

14 hours ago

Calcutta High Court Allows 15-Year-Old to Adopt Stepfather’s Surname

In a significant judgment, the Calcutta High Court has permitted a 15-year-old boy to adopt…

16 hours ago

Sri Lanka Celebrates Poson Poya: Honoring 2000 Years of Buddhism

Sri Lanka is observing the sacred Poson Poya festival today, which commemorates the arrival of…

16 hours ago