Kerala KSFE Laptop Scheme 2026 Application Form / Details - KSFE Vidyashree Scheme

Kerala KSFE Laptop Scheme, also known as KSFE Vidyashree Scheme, is a micro-finance scheme launched by the Kerala government to help students from poor families and Kudumbashree member households buy laptops for online education. Under this scheme, laptops worth Rs. 15,000 were offered to students at an easy installment of Rs. 500 per month for 30 months.

Scheme has been closed or it was a one time scheme which has been closed by the government.

KSFE Vidyashree Laptop Scheme by Kerala government was a micro-finance scheme to fund students for purchasing laptops. It was launched so that students from weaker sections could access online education. The scheme was run with the help of Kudumbashree, the State Poverty Eradication Mission of Kerala.

The scheme was expected to help about 2.65 lakh students in the state who lacked adequate facilities to access the online educational programme. A majority of these children were likely to be from the homes of Kudumbashree members.

KSFE Vidyashree Laptop Scheme Details

KSFE laptop scheme was a part of the KSFE (Kerala State Financial Enterprises) Chit Fund Scheme already running in the state. After 3 months of paying Rs. 500 monthly installment, the scheme members were provided laptops, or if they wished, they could withdraw their money from the 13th month of the onset of the scheme.

Of the 43 lakh school children in Kerala, around 2.65 lakh lacked adequate facilities to access the online educational programme. A majority of these children were likely to be from the homes of Kudumbashree members. In this context, Kerala State Financial Enterprises (KSFE) proposed a scheme where it could collaborate with Kudumbashree to implement a Microcredit Scheme, KSFE Vidyashree Scheme, to support member families to get laptops to ensure online education to their children.

How to Apply for KSFE Laptop Scheme

KSFE started a savings scheme of Rs. 15,000 where students could deposit Rs. 500 for 3 months. Students who joined the scheme and successfully paid Rs. 500 for 3 months were given laptops worth the amount by KSFE. The laptops were purchased from the agencies empaneled by KSFE to provide laptops at a concessional rate. A member who joined the KSFE Laptop Scheme got Rs. 14,250 after deducting the commission.

The duly filled KSFE Vidyashree laptop application form was submitted at the KSFE branches. The complete list of KSFE branches was available through the official Kudumbashree website. Since the scheme is closed, new applications are not being accepted.

Salient Features of KSFE Vidyashree Scheme

Here are the main features of the KSFE Vidyashree Scheme:

1. The total scheme amount was Rs. 15,000, which had to be repaid in 30 months by paying Rs. 500 per month. A member who joined the scheme got Rs. 14,250 after deducting the commission. There were incentives for NHGs and NHG members for prompt repayment.
2. Interested members with a healthy credit repayment history from any neighbourhood groups that had completed 6 months could join the group through their NHG.
3. The members who joined the Vidyashree scheme to procure a laptop were given a laptop by releasing the cost of the laptop (within Rs. 14,250) to the empanelled agencies by KSFE from the third month of the onset of the scheme. Others who joined the scheme as a means of savings could withdraw their money from the 13th month of the onset of the scheme.
4. The IT Department negotiated and empaneled the agencies to provide laptops at a concessional rate.
5. The interest portion of this Micro Credit Program was jointly borne by the Government of Kerala and KSFE.

How to avail the Laptop amount for those who need one

The amount required for the purchase of a laptop out of the deposit of Rs. 14,250 was made available in advance to the requesting members. The amount after purchasing the laptop in the plan amount was given to the remaining children (members of the chit) at the end of the plan. For example, if the laptop provided by the company being empaneled by the State IT Department was Rs. 12,900, the remaining amount of Rs. 1,350 plus interest was paid at the end of the plan.

Benefits of Regular Repayment

Members who paid regularly without interruption got discounts on installments. The tenth installment was exempted for those who paid 1 to 9 without interruption, and the twentieth for those who paid from 1 to 19 without interruption. In addition, for those who paid the installment amount of 1 to 30 on time and for those who wish to join a new scheme which would be started, the first installment was Rs. 500.

Minimum amount available to members after commission was Rs. 15,000 with a down payment of Rs. 500, ending in 30 months (total outlay). Out of this, Rs. 750 was paid as commission and Rs. 14,250 was paid by the members joining the scheme.

KSFE Laptop Scheme Application Form

KSFE Laptop scheme application form PDF preview is given below.

The application form of the KSFE Vidyashree scheme or KSFE laptop scheme could be downloaded in PDF format from the official Kudumbashree website. Since the scheme is closed, the form is no longer available for new applications.

KSFE Vidyashree Laptop Scheme PDF

The important documents of the KSFE Vidyashree laptop scheme, including the Government Order, KSFE Circular, list of KSFE branches, application form and Kudumbashree circular, were available on the official Kudumbashree website (kudumbashree.org) and the KSFE website (ksfe.com). Since the scheme is closed, these documents are no longer available for new applications.

FAQ's

Is the KSFE Vidyashree Laptop Scheme still available?

No, the scheme was a one-time scheme launched during the COVID-19 period to help students from poor families access online education. It has been closed by the government.

Who was eligible for the KSFE Laptop Scheme?

Students from Kudumbashree member families and other poor families were eligible. Members needed to join the scheme through their neighbourhood groups (NHGs).

What was the cost of the laptop under the scheme?

Laptops worth Rs. 15,000 were offered under the scheme, payable at 30 monthly installments of Rs. 500 each.