Back
IN THE HIGH COURT OF KERALA AT ERNAKULAM
M.A.ABDUL HAKHIM, J
ADARSH P.S. – Appellant
Versus
CANARA BANK – Respondent
| Table of Content |
|---|
| 1. challenge to loan rejection based on academic performance. (Para 1 , 2) |
| 2. bank's guidelines regarding loan eligibility. (Para 3 , 4) |
| 3. application of pradhan mantri vidyalaxmi scheme. (Para 6) |
JUDGMENT
Dated this the 16th day of March, 2026
1. The Petitioner has filed this Writ Petition by challenging Ext.P5 by which his Ext.P3 Application for Educational Loan of Rs.1,96,000/- is rejected by the Respondent Bank on the ground that the student is not eligible as per the Bank guidelines.
2. The learned Standing Counsel for the Respondent Bank submitted that the Bank could not grant Educational Loan to the Petitioner since the Petitioner had failed in two of the subjects of the course.
3. The learned Standing Counsel for the Respondent Bank made available a copy of the Guidelines for Retail Lending Policy for the year 2024-25 - Version 3.5 of the Respondent Bank, inviting my attention to Clause
24.1.25.2, which reads as follows:
“
24.1.25.2 DISBURSEMENT FOR SUBSEQUENT YEARS:
• If a student fails in any year, loan assistance should be suspended and the same should be resumed only after he passes in that particular class.
• However, wherever carry over system or benefit of con
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
