Canara Bank & ASAP ties-up to launch skill loans

Canara Bank in association with the Additional Skill Acquisition Programme (ASAP) has launched ‘skill loans’.

Under this facility, the loan is ranging from ₹5,000 to ₹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. Collateral free loans will be provided to students and have a repayment period of three to seven years.