Vidya laxmi portal

Vidyalakshmi Portal:The government of India has introduced an education loan online over theVidya Lakshmi Portal www.vidyalakshmi.co.inthat is associated with different banks across India to provide financial support to students. The department of Higher education under the Ministry of Human Resources (MHRD) ensures that the IBA provides educational loans to the deserving at an affordable rate of interest.’ The banking sector in India under the guidelines of the government of India issues education loans and different amounts of loans are categorized and released. Vidyalakshmi Portal 2022 Education Loan Login, Registration: Not to begin with a negative note, certain observations do state the fall in the performance of the education loan under the VidyaLakshmi Education loan. First observation, the banks began to record huge amounts of Non-Performing Assets (NPA), particularly under the INR 4 lakh category. Basically, the loans are issued based on different criteria such as courses, institutions, or students. The RBI reported that the NPA hovered at 5 percent and the educational loan rose by 9.1 percent to INR 65,335 in March-end 2016. The growth rate steadily declined to 2.9 percent on March-end 2020 to INR 72,891 crore and further, it declined to 1.5 percent to INR 73,977 crore in December-end 2020. The National Educational Policy 2020 in July that year released the Central and State expenditure on education in India. It was about 4.43 percent of GDP to 6.0 percent and be...

Vidya Lakshmi Portal provides single window for Students to access information and make application for Educational Loans provided by Banks and Govt Scholarships. It has the following features: • Information about Educational Loan Schemes of Banks • Common Educational Loan Application Form for Students • Apply to multiple Banks for Educational Loans • Facility for Banks to download Students Loan Applications • Facility for Banks to upload loan processing status • Facility for Students to email grievances/queries relating to Educational Loans to Banks • Linkage to National Scholarship Portal for information and application for Govt Scholarships The applicant must register and login to Vidya Lakshmi portal and then fill-up the Common Education Loan Application Form (CELAF) by providing all the necessary details. After filling the form, the applicant can search for Educational Loan and APPLY as per his/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 CELAF. The Common Educational Loan Application Form is the single form which students can fill to apply for Educational Loan to multiple banks / schemes. CELAF is the application form prescribed by Indian Banks Association (IBA) and accepted by all banks. This form is provided on Vidya Lakshmi portal to apply for Educational loan.

A one of a kind portal for all students who are looking for education loans, Vidya Lakshmi Portal is a saviour for many. It has been developed under the Department of Financial Services and the Indian Banks Association (IBA) guidance. Today, we will discuss the Vidya Lakshmi Portal across this blog and how to make an application through the portal. We will take you through how to register, how to complete the application, when and when not to apply through the portal, what to expect after you make an application on the same, and how the mistakes on the Vidya Lakshmi portal application can put your future or dreams at stake. Read more to find out! Also read: Image Source: Vidya Lakshmi Portal What is Vidya Lakshmi Portal? Vidya Lakshmi is a one-of-a-kind platform for students looking for an education loan. The Department of Financial Services (Ministry of Finance), the Department of Higher Education (Ministry of Education), and the Indian Banks Association collaborated on the creation of this portal (IBA). The portal was created by NSDL e-Governance Infrastructure Limited and is managed by them. Students can access the software and display it. Students can use the platform to view, apply for, and monitor education loan applications to banks at any time and from anywhere. There are also links to the National Scholarship Platform on the portal. Why was it started? For students, the government has launched two portals: the national scholarship platform(www.scholarships.gov.in)...

Vidya Lakshmi Portal: Vidya Lakshmi Portal is one of a kind portal for students who are looking for Education Loan. This portal has been settled under the guidance of the Department of Higher Education (Ministry of Human Resource Development), Indian Banks Association (IBA), and Department of Financial Services (Ministry of Finance). The portal is being settled and maintained by NSDL e-Governance Infrastructure Limited. This portal enables students to look and apply for education loan applications in banks. Students can access the portal to track the education loan applications anywhere, anytime in banks. The Finance Ministry of Govt. of India in cooperation with NSDL e-Governance Infrastructure Limited initiated the Vidya Lakshmi portal on 15th August 2015. This portal is a single platform for students to provide details regarding educational loans and government scholarships. This portal also has a linkage to the National Scholarship Portal. Due to this students can get information and apply for appropriate Govt. scholarships. Vidya Lakshmi Portal Education Loan Vidya Lakshmi Portal Education Loan helps students to apply online for education loans through a centralized platform. Even students can compare education loan services, apply for interest subsidy and refinance their loan. However, the portal consists of 96 different types of education loan schemes from a list of 36 banks. It enables students to apply for many banks by filling a single Common Education Loan Appli...

Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. This portal has been developed under the guidance of Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Education) and Indian Banks Association (IBA). The portal has been developed and being maintained by NSDL e-Governance Infrastructure Limited. Vidya Lakshmi Portal provides single window for Students to access information about various loan schemes provided by banks and make applications for Educational Loans. If you want to apply for education loan on Vidyalakshmi portal, you must register on portal. Please provide essential details as mentioned in registration form. Here is the complete process to make Vidya Laxmi Portal Registration:- • Canara Bank • Bank of India • Corporation Bank • Punjab National Bank • UCO Bank • Indian Overseas Bank • Axis Bank • Federal Bank • RBL Bank • Allahabad Bank • Andhra Bank • Bank of Baroda • Dena Bank • Central Bank of India • IDBI Bank • HDFC Bank • State Bank of India • Tamilnad Mercantile Bank Ltd. • GP Parsik Bank • New India Bank • Union Bank of India • Karur Vysya Bank • Syndicate Bank • Vijaya Bank India is one of the youngest nations in the world with more than 54% of the total population below 25 years of age. Our young people have to be both, educated and employable for the jobs of the 21st century. The Prime Minister has explained how Skill India needs to be closely coordinated with Make in India...