ASAP Kerala, in collaboration with Canara Bank, is hosting Skill Loan Melas across the state from October 13, 2022. At the fair, students can avail of skill loans without collateral, ranging from Rs 5,000 to Rs 1.5 lakh, offered by Canara Bank to acquire additional skills in their chosen career field .

The loan is available to those who want to enroll in ASAP Kerala courses, including NSQF/NSDC-approved courses. There will be a moratorium for repayment throughout the period of the skill course, which is extendable to up to six months after course completion. The payback period could be chosen from between three to seven years. 

ASAP Kerala and Canara Bank conceptualized this initiative to provide financial assistance to students who wish to pursue skill training.