Vidya Lakshmi Portal Application Form PDF, Check Eligibility | Vidya Lakshmi Portal Education Loan Interest Rate & Amount – Vidya Lakshmi Portal has been started for all the students of the country who want to study abroad.There are many students in the country who want to get their education from prestigious institutions, but due to weak economic conditions, they are unable to get their education. Keeping this in mind, this portal has been started in the country. In today’s article, we are going to provide you all the important information related to Vidya Lakshmi Portal, like for what purpose this portal has been started, And what are its benefits and eligibility etc. (यह भी पढ़ें- (Registration) Sail Pension Scheme: Download Application Form PDF)
Vidya Lakshmi Portal
Vidya Lakshmi Portal has been started to provide benefits to all the students of the country who want to study abroad. Through this portal, services are provided to young Indians for student loans, through which online loan applications can be made by students through a single website. Apart from this, the Vidyalakshmi Common Education Loan Application Form (CELAF) can be used by the students to submit the application to multiple banks. Education loan status can also be easily tracked by the students through Vidya Lakshmi Portal, and by this the information of the applicant student and parents is kept safe with the government. (यह भी पढ़ें- (रजिस्ट्रेशन) बाल आधार कार्ड: ऑनलाइन आवेदन, ब्लू आधार कार्ड एप्लीकेशन फॉर्म)
Overview of Vidya Lakshmi Portal
| Portal Name | Vidya Lakshmi Portal |
| Launched By | by the central government |
| Year | 2024 |
| Beneficiaries | all students of the country |
| Application Procedure | Online |
| Objective | Providing Services to Young Indians for Student Loans |
| Benefits | Services to be provided to young Indians for student loans |
| Category | Central Government Schemes |
| Official Website | https://www.vidyalakshmi.co.in/Students/index |
Objectives of Vidya Lakshmi Portal
The main objective of Vidya Lakshmi Portal Education Loan Portal is to provide student loan services to all the needy young citizens of the state. Through this portal, all the students of the country are allowed to apply for education loans for various banks. Apart from this, the management of the students’ education loan status is also facilitated by this portal, all applicant / student / parent information is kept safe with the government through the Vidya Lakshmi Portal. (यह भी पढ़ें- UIDAI e Learning Portal: Online Registration, e-learning.uidai.gov.in Login)
Benefits and Features of Vidya Lakshmi Portal
- Vidya Lakshmi Portal is a single application service for student loans, through this portal students are provided with a variety of information about educational loan programs of banks.
- CSIS compliance can be done through remote service without the need for branch visits under this portal for education loan interest benefits.
- Through this portal, the maximum possible loan amount will be provided by the government to all the students of the country.
- Apart from this, the management of online complaints and problems will also be available to the students through this portal.
- Under this, direct transfer, fast processing and no hidden fees are also available without any loan intermediaries in the middle.
- Under this portal, students get common forms for education for loan application, in addition to this, educational loans can be applied by the students of the country through various banks.
- Through this, the option to download the student loan application form is provided by the government to all the banks through Vidya Lakshmi Portal Education Loan Portal.
- Apart from this, the option of uploading the loan processing status has also been provided by the government to the banks.
- Students have the option of emailing banks with complaints or queries regarding educational loans.
- The National Scholarship Portal is accessed through this portal to apply for and details of government scholarships.
List of Banks Offering Education Loan
The list of all the banks by which loans are provided to all the students of the country through Vidya Lakshmi Portal is as follows:-
| Bank of India | Bank of India |
| Bank of Maharashtra | Model Education Loan Scheme |
| Canara Bank | IBA Model Education Loan Scheme for Studying in India and Abroad |
| Central Bank of India | Cent Vidyarthi |
| Corporation Bank | Corp Vidya Loan Scheme |
| Dena Bank | Kaushal Loan Yojana (Kaushal Loan Scheme) |
| Vidyalakshmi Bank List Vidyalakshmi Education Loan Schemes (Each Bank) | Vidyalakshmi Bank List Vidyalakshmi Education Loan Schemes (Each Bank) |
| Abhyudaya Sahakari Bank Ltd. Educational Loan under Abhyudaya Gyanvardhini Yojana | Abhyudaya Sahakari Bank Ltd. Educational Loan under Abhyudaya Gyanvardhini Yojana |
| allahabad bank education loan | allahabad bank education loan |
| Andhra BankDr. Pattabhi Vidya Jyothi Scheme | Andhra BankDr. Pattabhi Vidya Jyothi Scheme |
| Axis Bank | Axis Bank |
| Bank of Baroda | Baroda Knowledge Baroda Scholar Baroda Education Loan for students of premier institutions Baroda Vidya Education Loan for Baroda Executive Development Programs (India) Baroda Education Loan for Executive Development Programs (Abroad) Skill Loan Scheme |
| Dombivli Urban Cooperative Bank Limited | Vidyavardhini Education Loan Scheme |
| Federal Bank | Suvidha Education Loan Scheme |
| Punjab National Bank | Panb Kaushal Panb Saraswati Panb Pratibha Panb Flight |
| RBL Bank Limited | education loan |
| state Bank of India | SBI Student Loan Scheme SBI Global Ed-Vantage Scheme SBI Scholar Loan Scheme SBI Skill Loan Scheme |
| Syndicate Bank | skill loan, Syndvidya, synduplex |
| GP Parsik Bank Limited | federal special education loan plan |
| HDFC bank | fed scholar |
| ICICI Bank | Vidya Siddhi |
| IDBI Bank | Education Loan Education Loan for Courses Offered by ICAI Education Loan Scheme for Professional Courses Education Loan for Other Management Quota Students Education Loan for Students Studying in Premier Education Institutions Physically Under NHFDC Scheme Education Loan for Persons with Disabilities Education Loan for Non-Vocational Courses |
| Indian Bank | Revised IBA Educational Loan Scheme – 2011 IB Skill Development IN Educational Loan Principal NIT IB Educational Loan Principal Non-IBA Educational Loan |
| Indian Overseas Bank | Vidyajyoti Educational Loan Yaba Scholar Job Security Vidya Jyoti Educational Loan Scheme Job Career Dream Job Vidya Shrestha Skill Loan Scheme |
| Karnataka Bank Limited KBL Vidyanidhi Scheme | Karnataka Bank Limited KBL Vidyanidhi Scheme |
| skill loan scheme | skill loan scheme |
| Karur Vysya Bank KVB Educational Loan | Karur Vysya Bank KVB Educational Loan |
| Kotak Mahindra Bank Ltd | Kotak Mahindra Bank Ltd |
| New India Cooperative Bank Limited Vidya Vikas Loan Scheme | New India Cooperative Bank Limited Vidya Vikas Loan Scheme |
| oriental bank of commerce | oriental bank of commerce |
| Punjab And Sind Bank | Model Education Loan Scheme for Pursuing Higher Education in India and Abroad Skill Loan Scheme PSB Excellence – Education Loan Scheme for Premier Institutions |
| yes bank | yes education loan |
| Vijaya Bank | Education Loan for students admitted under Management Quota (Non-IBA) Skill Loan Scheme IBA Model Education Loan – Top Rated Institutions – India IBA Model Education Loan – Other Institutions – India IBA Model Education Loan – Abroad |
| United Bank of India | United Education Loan United Superb Education Loan United Education Loan Under Management Quota |
| Union Bank of India | union education |
| UCO Bank | uco education loanUCO Super Premier Education LoanUCO Premier Education Loan Scheme |
| Tamil Nadu Mercantile Bank Limited | TMB Education LoanTMB-Skill Development LoanTMB-Super Education Loan Scheme |
Guidelines for Vidyalakshmi CELAF General Education Loan Application Form
The following fields are mandatory to be filled by the applicants for study loan on Vidya Lakshmi CELAF: –
- personal information
- Course cost / source of finance
- Description of securities offered
- Earning potential after completion of the course
- Bank relationship details
- Description of the course for which the loan is required
- co-operative documents etc.
Procedure to Apply and Register on Vidya Lakshmi Portal
All the citizens of the country who want to apply and register under Vidya Lakshmi Portal can apply and register under this portal by following the following procedure:-
- First of all you have to go to the official website of Vidya Lakshmi Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to click on the option of register, after that you have to enter all the information asked here.
- Now you have to click on the text “Website Agreement Terms and Conditions” at the bottom of the registration page to view the official terms and conditions.
- Then you have to click on the submit option, after that a confirmation link will be sent to your email address.
- To complete the registration process, you have to click on the confirmation link in the email received, thus your registration process will be completed.
How to Apply for Education Loan on Vidya Lakshmi Portal
Choosing a student loan program and applying for it is relatively easy once you go through the process, here are some important things to keep in mind while submitting an application for VidyaLakshmi Education Loan:-
- First of all, you have to click on the loan schemes of your choice to see their details on the Vidyalakshmi loan scheme search screen.
- Now you have to try to find features like- maximum loan amount, minimum interest rate on student loan, margin loan repayment minimum, maximum time for loan repayment, long holiday, moratorium and loan commencement period, minimum additional charges , such as for documentation or inspection of collateral, etc.
- Under this, an ‘Apply Now’ option is provided in each education loan program on the loan scheme search screen.
- Apart from this, applicants can apply for only three different education loan schemes under this.
- You will be asked to confirm your action after clicking on the Apply button, after which you have to verify your decision.
Procedure to Get Education Loan
- First of all you have to go to the official website of Vidya Lakshmi Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to click on the option of student login from the login section, after that the next page will open in front of you.
- Here you have to login by entering the information asked, after that you have to select the option of ‘Search loan scheme’ from the menu.
- Now you will see the education loan search screen, choose your study loan category from the selections given in the left panel based on the location of your education, type of course and required loan amount.
- Then you have to click on the search option, after that a list of all the banks and their related education loan programs will be displayed in front of you.
- You can then start your application for the school loan program of your choice, view the nearest branch address, and learn more about the loan specifics, such as loan amount, loan interest rate, payback Length of period, etc.
Procedure to Complete Study Loan Application
- First of all you have to go to the official website of Vidya Lakshmi Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to login using your ID and Password, after that you have to click on the option of ‘Loan Application Form’ from your Vidyalakshmi Student Panel.
- Now you have to see the instructions for the general education loan application form, now you have to enter all the requested information one by one by clicking on the tab from the list given above.
- You have to save each page before switching to the following tab, now you have to upload the required documents.
- After that you have to save your complete application on the last page, now on the last page of the document upload process, you have to check the box for declaration.
- Now you have to click on the link which says “Website (Click Wrap) Agreement Terms and Conditions” and then click on submit option.