The Subhayatra Scheme, launched by the Government of Kerala, is a financial assistance program aimed at supporting individuals pursuing higher education or job opportunities abroad. It facilitates subsidized loans through nationalized banks and authorized financial institutions in the state.
Subscribe our Channel
This scheme is especially beneficial for aspiring migrants, students, and healthcare professionals preparing for overseas opportunities.
✈️ What is the Subhayatra Scheme?
The scheme provides financial aid in the form of low-interest loans to help cover the initial costs of migration such as:
-
Skill development training
-
Language proficiency courses (IELTS/OET)
-
Documentation and visa-related expenses
-
Travel and settlement costs
It is designed to reduce the financial burden on NRK aspirants and promote safe, skilled, and legal migration.
🎯 Key Features of the Subhayatra Scheme
✅ Loan Amount
-
Up to ₹1 lakh per applicant
-
Disbursed only after submission of a valid offer letter from a registered recruiting agency
✅ Interest Subsidy
-
4% interest subsidy for a period of 4 years
-
Applicants must start interest repayment from the 7th month after disbursement
✅ Eligible Trainings Covered
-
IELTS / OET coaching for healthcare professionals
-
Foreign language training
-
Skill development programs for overseas labour migration
✅ Target Beneficiaries
-
Job seekers migrating abroad through authorized agencies
-
Students pursuing higher education overseas
-
Healthcare professionals preparing for international employment
📌 Eligibility Criteria for Subhayatra Scheme
-
Must be a resident of Kerala
-
Should have a confirmed job offer or admission letter from a foreign institution
-
Offer must be routed through registered recruiting agencies
-
Must avail loan from an authorized financial institution or bank in Kerala
📄 Documents Required
-
Valid passport copy
-
Offer/Admission letter from abroad
-
Proof of registration with authorized agency
-
Aadhaar Card
-
Proof of Kerala residence
-
Course or training fee structure (for IELTS/OET)
-
Recent passport-size photographs
-
Bank details of the applicant
🌐 How to Apply for Subhayatra Loan Scheme?
Applicants can visit their nearest nationalized bank or apply through authorized financial institutions approved by the Government of Kerala.
Also, stay updated on the NORKA-Roots portal for related schemes and eligibility tracking:
🔗 www.norkaroots.org
📝 Note
-
The loan is not a grant, but the interest subsidy reduces the overall repayment burden.
-
Ensure you comply with all application requirements and start paying interest from the 7th month to avoid penalties.
-
Only candidates migrating through legal, registered channels are eligible.