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

More from this section
Most trending stories
Photo Gallery
Bronze medalist in the women's 4 x 5km relay cross-country skiing the team from Russia...

Bronze medalist in the women's 4 x 5km relay cross-country skiing the team from Russia...

Canada's Prime Minister Justin Trudeau with his son Hadrien, 3, feeds an elephant during...

Canada's Prime Minister Justin Trudeau with his son Hadrien, 3, feeds an elephant during...

Bollywood actress and dancer Smilie Suri during the Pole Dance practice...

Bollywood actress and dancer Smilie Suri during the Pole Dance practice...

A child plays with soap bubbles at the Surajkund Mela in...

A child plays with soap bubbles at the Surajkund Mela in...

Potters sell their items at the Surajkund Mela in...

Potters sell their items at the Surajkund Mela in...

People in costumes join a parade to mark Chinese new year, the Year of the Dog...

People in costumes join a parade to mark Chinese new year, the Year of the Dog...

Protesters stand near billboards placed by the pressure group Occupy Justice...

Protesters stand near billboards placed by the pressure group Occupy Justice...

Actress Tamannaah Bhatia during a promotional event...

Actress Tamannaah Bhatia during a promotional event...

Girls take selfie near a classic car at the 8th edition of the 21 Gun Salute...

Girls take selfie near a classic car at the 8th edition of the 21 Gun Salute...

A man feeds langurs at Khandagiri in...

A man feeds langurs at Khandagiri in...

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.