: A total of 63 students received educational loan orders to the tune of Rs.1.25 crore in a special loan mela here on Friday. District Revenue Officer P. Uma Maheshwari handed over the orders on Friday.
On an instruction from Collector C. Samayamoorthy, the Indian Overseas Bank, the Lead Bank of the district, organised it for students from Palayamkottai and Maanur panchayat unions and Tirunelveli Corporation areas.
As district coordinators of all leading banks participated in the loan mela, the applications were processed on the spot and loans sanctioned.
Senior Regional Manager of IOB C. Srinivasan appealed to the beneficiaries to repay the loan without fail so that the banks could give assistance to other poor students as well. Lead District Manager S. Alagarsamy coordinated the loan mela.
Beneficiaries urged to repay loan sans fail so that others will also get loans