Vidya Lakshmi is a first of its type portal for students seeking training mortgage. this portal has been advanced under the steerage of department of financial offerings (ministry of finance), department of higher training (ministry of human aid development) and indian banks association (iba). the portal has been developed and being maintained by using nsdl e-governance infrastructure restrained. college students can view, practice and tune the schooling loan programs to banks each time, everywhere by accessing the portal.

Vidyalakshmi portal is a principal it-primarily based training loan portal to offer student finance services for young indians. it's miles an interface that allows students to apply for scholar mortgage on line thru a centralized website. vidyalakshmi permits students to use for a couple of banks with a unmarried vidyalakshmi common schooling loan utility shape (celaf). this is also enables students in handling their schooling mortgage popularity on vidyalakshmi portal and keeps the facts of applicant/student/dad and mom secure with the government. all of it could be carried out with out journeying the financial institution and on-line.


On 15 august, 2015, “vidya lakshmi portal schooling loan scheme” was launched by way of the finance ministry. this portal has been advanced and maintained by using nsdl e-governance infrastructure limited in collaboration with the department of economic services, department of higher training, indian banks association and the ministry of human resource development. this portal is a gateway for all college students to get entry to finances and statistics associated with instructional loans in addition to government scholarships. it presents a single window to students applying for loans or scholarship through filling up a unmarried shape. the portal presents 22 distinct schooling loan schemes.

Training Mortgage Scheme

The fundamental goal of the scheme is to provide smooth and powerful gadget of having academic loans so that no pupil leaves his or her education mid-manner because of lack of finances.

website deal with
1. Advantages Of Vidya Lakshmi Portal Education Loan Schem
2. The students get statistics about instructional mortgage schemes of banks.
3. Common educational loan application shape is available to college students.
4. There may be a provision to apply to diverse banks for educational loans through a single form
the site is related to the countrywide scholarship portal for statistics and to apply for government scholarships.
5. College students can view the fame of their mortgage application at any time and at any location with an easy get entry to to the dashboard facility of the website.
6. College students also can ship to the banks e-mail grievances/queries for any kind of problems or 7. Difficulties relating to educational loans.
8. Banks also can add mortgage processing fame.
9. Banks can also down load scholar’s mortgage applications.

A Way To Apply For Instructional Mortgage Thru The Vidya Lakshmi Portal?

  • Sign in your self at the portal.
  • Refill the commonplace software shape for scholarship referred as the common training loan Application form (celaf). this shape is prescribed with the aid of indian banks affiliation (iba) and is common with the aid of all banks.
  • Primarily based on the eligibility standards, the portal itself shows the various schemes for which a pupil is eligible.
  • The applicant can now pick instructional mortgage as in keeping with his/her requirements, eligibility and convenience.

As soon as registration is done and the celaf is stuffed, you will be updated approximately your loan approval or disapproval at the portal. if your loan is approved, the loan quantity may be transferred at once to your account. in case your loan is disapproved, you need to contact the financial institution itself. you may also get an on maintain update on your loan fame. it approach that the bank calls for more records from your cease, so that you can be stated within the commentary column. electronic mail and sms alert may also be generated for processing of scholarship.

Names Of Banks That Have Integrated Their Gadget With The Web Portal Are:

financial institution of india
canara financial institution
union financial institution of india
organization financial institution
dena bank
punjab national financial institution
punjab and sindh bank
oriental financial institution of trade
vital bank of india
kotak mahindra financial institution
vijaya financial institution
punjab and sind bank
financial institution of baroda
andhra bank
federal bank
hdfc financial institution
icici financial institution
axis financial institution
uco financial institution
indian bank
financial institution of maharashtra
indian overseas financial institution
rbl financial institution
syndicate bank
abhyudaya co-operative financial institution constrained
dns bank
karur vysya financial institution
tamilnad mercantile financial institution ltd.

The scholars have the gain of making use of to a few banks at a time. but, the interest price may be as in line with the relevant regulations of an person bank. this reduces the student’s time of drawing near different banks.


Post a Comment


Previous Post Next Post