During FY 2015-16 Budget, the then Finance Minister of India announced the Vidyalakshmi education loan scheme to increase accessibility to this financing option. The Government collaborated with NSDL e-Governance Infrastructure to create the one-of-its-kind Vidyalakshmi portal. Here, students can find detailed information on education loans and apply with up to 3 lenders via a single application form.
To avail an education loan in India through the Vidyalakshmi scheme, you first need to get registered on the Vidyalakshmi portal.
Once your registration is complete, you need to submit your login details again and continue looking for education loan details. If you want to apply for a study loan, follow any of the two processes below.
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Once done, you can check the status of your loan application on the Vidyalakshmi education loan portal anytime.
Opt for Bajaj Finserv Education Loan on Property if you need high-value credit. You can enjoy easy repayment tenure, minimal documentation, competitive rates of interest, etc. Meet the easy-to-fulfil eligibility criteria and seek amounts up to Rs. 3.5 Crore to pursue the best quality education in India or abroad.