Minister for Adi Dravidar Welfare M. Mathiventhan, connected Saturday (September 20, 2025) said that a people was fixed to supply acquisition loans to the tune of ₹50 crore to 2,000 students successful Namakkal district.
On Saturday, the Namakkal territory administration, on with the pb banks, conducted an acquisition indebtedness mela astatine a backstage engineering assemblage astatine Ernapuram. In the mela, the Minister distributed acquisition loans to 161 students to the tune of ₹14.23 crore.
A full of six banks provided these loans: Canara Bank, which provided ₹8.11 crore to 49 students; State Bank of India - ₹3.89 crore to 54 students; Indian Bank - ₹1.40 crore to 38 students; Indian Overseas Bank - ₹73 lakh to 16 students; Bank of India - ₹7 lakh to a student; and Salem District Central Cooperative Bank - ₹3 lakh to 3 students.
Speaking astatine the function, the Minister said that the Tamil Nadu authorities fixed a people to supply acquisition loans to the students successful Namakkal. To execute this target, the pb slope is organising each banks and conducting peculiar acquisition indebtedness mela camps astatine the colony panchayat and taluk level from August this year.
Based connected the grooming fixed to each the E-Seva centres, workers astatine the Rasipuram Taluk level person helped to use for an acquisition indebtedness done the Vidyalakshmi portal. On August 30, acquisition indebtedness applications are received from students and uploaded connected the portal. Through that, connected Saturday, loans were distributed to the students, the Minister added.
Stating that arrangements are made for students who person yet to use connected the portal, the Minister said that students are explained astir the benefits provided portion repaying the loans astatine the stipulated time. If loans are not repaid astatine the close time, it volition impact the CIBIL score, and successful the future, it volition further impact getting loans, the Minister added.
In the function, District Collector Durgamoorthi, Rajya Sabha subordinate KRN. Rajeshkumar, Namakkal MP V.S. Matheswaran, MLA P. Ramalingam and officials participated.
