Students engaging in inquiring about education loans at a bank in Salem in Tamil Nadu on Monday. | Photo Credit: LAKSHMI NARAYANAN E. The Salem District Administration has set the education loan disbursement target at ₹130 crore for the academic year 2026-27.

The education loan mela is set to commence in the district on Tuesday (October 27, 2026).District Collector K. Elambahavath said that the education loan scheme is being implemented to ensure all students pursue their higher education without financial constraints.

Necessary coordination measures are being taken by the district administration, along with the banks and educational institutions to ensure that eligible students in the district get education loans. The Salem district has set a target of providing education loans of ₹130 crore to 7,592 students in the academic year 2026-27.

In the last academic year, education loans worth ₹111 crore were provided to 6,347 students. In order to achieve the fixed target, education loan camps are to be conducted through banks and educational institutions, the Collector added.Through these camps, students and parents will be made aware of the procedures for obtaining education loans.

The Collector said that assistance will be provided for registering applications through https://pmvidyalaxmi.co.in. Students who have already applied for education loans and whose applications are pending, as well as students who want to obtain new education loans, can participate in these camps and benefit from them.

Bank representatives will also clarify the students’ doubts regarding their applications and take steps to process them expeditiously.In the first phase, an education loan camp will be held at AVS Engineering College in Ammapet on Tuesday at 10 a.m. Students from other colleges in the district can also participate in this camp.

Based on the needs of students, it is planned to conduct education loan melas in other colleges in the district. Students who wish to avail themselves of the loans should register their details at https://shorturl.at/ifyHD.

Students who wish to receive assistance and guidance related to education loans can visit Room No. 4 at the Salem Collectorate.

For doubts and additional details, they can contact the Lead Bank at 0427-2215106, the Collector added.