Kerala Education Loan Repayment Scheme 2017 Student Registration / Application Forms at www.elrs.kerala.gov

August 4, 2017 | Last Modified: August 9, 2017 at 10:05 am | Category: Kerala

Kerala state government is launching the education loan repayment scheme 2017 today in the state to help repay the education loans of students. The state government is inviting online registrations and claim application forms from the students for availing the scheme benefits through its newly launched portal at www.elrs.kerala.gov.

Students can do the online registration for the education loan repayment scheme at elrs.kerala.gov and fill the claim application form along with attaching the required documents. The scheme may also be termed as “Education Loan Repayment Support Scheme” or “Education Loan Repayment Subsidy Scheme”.

Below is the complete procedure to register online as student and fill claim application form for the education loan repayment scheme.

Kerala Education Loan Repayment Scheme Online Registration

STEP 1: Visit the official website of Kerala Education Loan Repayment Scheme at elrs.kerala.gov
STEP 2: Click on the “Student Registration” button and fill the registration form as seen below.

Education Loan Repayment Registration Form

Education Loan Repayment Registration Form


STEP 3: After Registration, a user ID and password would be sent to the registered mobile number of the applicant which will be used to fill the online application form.

Apply Online for Education Loan Repayment Claim

On completion of the registration, a user ID and password will be sent to the registered mobile number of the applicant. For filing claim application, the applicant has to login to the portal and enter the following information using this user ID and password.

  • Full permanent address of the applicant
  • Name of parent/spouse/guardian
  • Details of co borrower(in the case of student deceased or suffered 80% & more disability)
  • Details of the professional course studied (for which the education loan was availed)
  • Whether Management & NRI Quota or not
  • Date of completion of course
  • Category of the student
  • Details of the bank from which loan was availed
  • Details of the loan availed
  • Amount repaid (interest subvention shall not be treated as repayment for this scheme)
  • Present Annual income of the family
  • Present employment details of student (not applicable for deceased student/student with 80% or more disability)
  • Present Annual income of the student (not applicable for deceased student/student with 80% or more disability)
  • Date of occurrence of disability/death in the case of deceased student /student with 80% or more disability
  • Details of relief availed under any other scheme (if any)
  • Choosing Govt Support category

List of Required Documents

The applicant is required to upload copies (in PDF format) of the following certificates.

i) At the time of Registration
1) Copy of 10th pass certificate of student ,
2) Copy of Aadhaar of student (of co borrower in the case of student deceased/suffered 80 % or more disability) ,
3) Income Tax PAN of student (of co borrower in the case of student deceased/suffered 80 % or more disability)

ii) At the time of filing application
1) Eligibility certificate issued by the Village Officer and countersigned by a gazetted Officer.(The format can be downloaded from the portal)
2) Death Certificate issued by the Registrar of Deaths of the concerned local body (in the case of deceased student)
3) Disability certificate by competent authority as stipulated in the Persons with Disabilities Act 1995 (in the case of a student borrower suffering permanent physical/mental disability of 40 % or more)
4) Course Completion certificate pertaining to the course for which the education loan was availed). (If the student discontinued the course for medical or other valid reasons, a certificate from the head of institution, stating the reason for discontinuation)
5) Salary certificate in the case of a student employed in formal sector (not applicable for deceased/student with % or more disability)

After filling the mandatory fields and uploading the certificates, the registration form is to be submitted.

After filling all the fields and uploading the certificates, the applications can be submitted online in the portal

The last date for submission of application will be 31.10.2017.

Eligibility Criteria

  • The student should be an individual permanent resident of Kerala
  • The KYC records should match with that provided with the bank
  • Only those education loans availed from a branch situated in Kerala, of,   a scheduled commercial bank, Kerala Gramin bank  Kerala State Co operative Bank, KSCARD Bank or any of the 14 District Co operative banks in the state are covered under the scheme
  • Students who secured admission under Management seats/management quota/NRI Quota are not eligible. Management seats /management quota refers to seats in private education institutions for which the management has discretion to give admission on factors other than merit as explained in IBA’s “Revised guidance notes on model educational loan scheme for pursuing higher education in India and abroad -2015 (Amended 2016)
  • However, Students who secured admission under Management quota/Management seat for nursing courses are also eligible.
  • Loans taken for study abroad are not eligible
  • Income Tax Permanent Account Number (PAN) for the student borrower (for co borrower, in the case of a deceased student ) is a pre requisite  for registration
  • Upper limit for present annual gross family/parental income is Rs.9 lakhs for deceased students, and students with disability of 40 % or more and 6 lakhs for all other categories.
  • In addition to the above ,  the present Annual Income of student should be within 4 times of the scheduled annual repayment amount in the loan
  • Student borrowers who become permanently mentally/physically disabled with 80% or more disability due to   accident/ illness or expired  during the course of study/tenure of the loan after availing the loan will be eligible for financial assistance irrespective of date and sanctioned amount of loan and classification of loan account.

Under the Kerala education loan repayment scheme 2017 Scheme, education loans sanctioned to students are classified into two categories namely

1. Education Loan Non-NPA/standard account
2. Education loan turned to NPA account on or before 31st March, 2016

Annual repayment amount (Principal plus Interest) will be shared between the Government and the borrower in the specified ratio during the 4 year relief period for the first category. In the case of the second category, Government will assist the borrower to settle and close the loan account by paying specified amount as per eligibility.

38 comments on “Kerala Education Loan Repayment Scheme 2017 Student Registration / Application Forms at www.elrs.kerala.gov

  1. Archana says:

    No sir,i tried so many times.it shows one edit option but which is not working after submission.so please tell me how can I edit that

  2. Archana says:

    Sir,l need correction in my submitted application.how can I edit that?
    And also l didn’t get that print of application form that page shows that which is not working.so please tell me that what is the reason behind that?

  3. Arshad says:

    THE PAGE IS NOT OPENING
    i hve given my username and pswd bt the page is not going to home page

  4. YOU says:

    APPLICATION SUBMITTED TO BANK, BUT I CANNOT DOWNLOAD PRINT OUT?

  5. gangadharan A says:

    whether the eligibility certificate is countersigned by 1st grade gazetted officer.A gazeyyed officer is sufficiant.

  6. SAJITHA M says:

    DURING MY REGISTRATION BY MISTAKELY I ENTERED IN TYPE OF STUDENT AS DECEASED INSTEAD OF PHYSICALLY HANDICAPED. SO KINDLY DO THE NEEDFUL IN MY REGISTRATION

  7. jolsna says:

    sir, i uploaded certificates, but aftr submitting registarion, didnt receive reg no to my mobile phone

  8. Abraham says:

    where do we get Eligibility certificate letter format ? (issued by the Village Officer and countersigned by a gazetted Officer.)

    plz share the link if possible.

  9. sebastian pj says:

    How can i edit my submitted application before go to bank pls give suggestion .I saw submitted application cannot be edit.

  10. Denny Thomas says:

    Page is not opening..

  11. rijil says:

    sir , i filled my application. but i couldnt submit it. its showing that submitted to bank for processing

  12. Athi says:

    I have no pan card. What will I do?

  13. ANUP THOMAS says:

    Respected Sir,

    I registered in Education Loan Repayment Scheme (Reg Id : 1890540102). But in that student Registration I wrongly entered Type of Student. Instead of physically Handicapped 40% to 80 % I given Deceased Student . Kindly Please Change my Data and do the needful.

    Faithfully

    Anup thomas
    1890540102

  14. Nikhitha.s says:

    I did first step 5days back,but password and username still not yet

  15. Suparna says:

    I dont hav PAN card numbr….wht will I do?

  16. Amjith ao says:

    Sir iam not complete my course(2013 b tech batch).I am admitted in RCC Trivandrum,affected
    Blood cancer. I can apply for this scheme.

  17. sreemekha says:

    I didnt have course complition certficate. what i do

  18. sreemekha says:

    I didnt have course complition certificate. what i do

  19. ashok says:

    1There is no options for uploading course certificate …Please say how can it upload

    2 i knknow we
    have to give our account number but which account number whether loan account or bank account

  20. TOMLIN says:

    As on 31st March’16 is it NPA or Non-NPA?

  21. Shabna says:

    Can i add my guardian pan card number by the lack of mine

  22. arun nandan says:

    where did i get the eligibility certificate format

  23. Rinal says:

    Kindly share your contact number and email I’d for enquiry

  24. Julie says:

    From where i can avail the certificate format for the village officer who sign

  25. jomol says:

    I don’t have course complete certificate.what I do.?

  26. jomol says:

    Is course complete certificate required.?

  27. Ansu says:

    Will this scheme affect my Cibil score in future??

  28. Sumayya says:

    I started paying my loan from may 2016. Am I eligible for this?

  29. roshan says:

    Link given in step 1 is wrong .Please make it right and don’t mislead people:
    url is http://www.elrs.kerala.gov.in

    • Dude says:

      Thank You Roshan for highlighting the mistake, our intent is not to mislead people, it was just a small mistake and has been corrected now.

      Thanks a lot once again.

  30. roshan says:

    Link given the site at step 1 is wrong please make it right..
    Url is http://www.elrs.kerala.gov.in

  31. vrindha says:

    Is any certificate from village office is required ?

  32. varghese mathew says:

    Dear Sir
    I have filled all content regarding my educational details.but mobile no was not verified.not able to get OTP.thus unable to continue.kindly help as soon as possible

  33. raniya says:

    I am in dubai so I cant submit orginal documents any problem

  34. ANAS P says:

    I do not have a pan card. Is that possible to register without a pan card?

  35. BINESH says:

    Thanks for this valuable information

  36. NIBIN JAMES says:

    If the student donot have any PAN card, what will do for the registration ?

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