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

Duleep Trophy Winners: Complete List from 1961 to 2026

The East Zone bagged the Duleep Trophy trophy 2026-27 following the draw between South Zone…

19 minutes ago

BRICS Summits 2009-2026: Themes, Host Countries and Major Outcomes

Since the time of the first summit held in 2009, there has been much change…

2 hours ago

BRICS Members in 2026: Which Country Has the Highest GDP and Where Does India Rank?

The group of BRICS countries has grown considerably, with 11 leading emerging economies belonging to…

3 hours ago

Who Is Sudhakar Dalela? India’s BRICS Sherpa 2026, Role and Key Agenda

As India is organizing the 18th BRICS Summit in New Delhi from September 12 to…

3 hours ago

UPI Gets Tap-to-Pay and Unified Transaction View Features

The Reserve Bank of India (RBI) has come up with an innovative digital payment features…

4 hours ago

BRICS Summit 2026: Full List of Leaders and Dignitaries in Delhi

India’s New Delhi is all set to host the BRICS Summit 2026 on September 12…

5 hours ago