Press Esc to close

Portal for students in need of education loans

NEW DELHI, Aug 21, 2015, DHNS 1:23 IST
DH File Photo
Students can now apply for educational loans online with the Centre launching a web-based portal Vidya Lakshmi as a one-stop solution.

“This is first of its kind portal providing single window for students to access information and make application for educational loans,” the Finance ministry said in a statement here on Thursday.

To apply for loan online, students are required to first register themselves at the portal, www.vidyalakshmi.co.in. and then fill a common education loan application form at the site.
The portal has all information about various education loan schemes uploaded on it.

“After filling the form, the applicant can search for educational loan and apply as per his or her needs, eligibility and convenience. Alternatively, the applicant can also search for educational loan after login and apply for the suitable educational loan by filling the common application,” the ministry said.

Students can also track the status of their application by logging on to the portal with their registered user name.

So far, 13 banks have registered 22 educational loan schemes on the Vidya Lakshmi portal while the SBI, IDBI Bank, Bank of India, Canara Bank and Union Bank of India have integrated their system with the portal for providing loan processing status to students.

Go to Top

Most trending stories
Photo Gallery
An employee walks past a poster of the upcoming Bollywood movie 'Padmavati' outside a theatre...

An employee walks past a poster of the upcoming Bollywood movie 'Padmavati' outside a theatre...

Smoke billowing from a building after a leather goods manufacturing unit caught fire in Kolkata...

Smoke billowing from a building after a leather goods manufacturing unit caught fire in Kolkata...

India's Shashi Chopra (Blue) is declared winner against Namuun Monkhor of Mongolia...

India's Shashi Chopra (Blue) is declared winner against Namuun Monkhor of Mongolia...

Members of the NDRF and officials conducting a tsunami mock drill in Puducherry on Friday...

Members of the NDRF and officials conducting a tsunami mock drill in Puducherry on Friday...

Congress vice-president Rahul Gandhi addressing a rally in Porbanbar, Gujarat...

Congress vice-president Rahul Gandhi addressing a rally in Porbanbar, Gujarat...

A view of the Taj Mahal Palace hotel which was a target during the 26/11 terror attack...

A view of the Taj Mahal Palace hotel which was a target during the 26/11 terror attack...

Derailed coaches of Vasco Da Gama-Patna express train near Manikpur railway station in Manikpur...

Derailed coaches of Vasco Da Gama-Patna express train near Manikpur railway station in Manikpur...

Vendors sell fish at a fish market in Kolkata, India...

Vendors sell fish at a fish market in Kolkata, India...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.