The Hindu·3 min read·medium

Kerala Bank to roll out ‘Gen Z Tech’ loan scheme for students to purchase educational gadgets

T
The Hindu Bureau
Kerala Bank to roll out ‘Gen Z Tech’ loan scheme for students to purchase educational gadgets
AI Summary

The Kerala State Cooperative Bank is launching a 'Gen Z Tech Loan' scheme to help undergraduate students purchase educational gadgets like laptops and tablets. The bank reported significant growth in total business and loan disbursals for the 2025-26 fiscal year.

The Kerala State Cooperative Bank (Kerala Bank) will soon roll out a low-interest loan scheme for enabling students to purchase laptops and tablets for their educational needs. Under the ‘Gen Z Tech Loan,’ open to undergraduate students and upwards, the bank will offer up to ₹1 lakh on 6.99% interest with a 30-month repayment period. The parent of the student applicant is required to be a guarantor.

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