Teacher Insights: Learning Music Helps in Scoring Better in Maths, English and Science in School  |  National Edu News: WBJEE 2019 counselling registration begins, last date June 29  |  Parent Interventions: More screen time, less attention   |  National Edu News: Union Govt Approves 22 New AIIMS   |  Health Monitor: Exercise Improves Performance Enhancing Bacteria in Our bodies  |  Technology Inceptions: IBM Invites Developers for 2019 Global Coding Challenge for Disasters  |  Health Monitor: UW Researchers Develop AI Tool to Monitor Cardiac Arrest  |  Technology Inceptions: Carbons Emissions Can Be Converted to Useful Products  |  Technology Inceptions: Huawei Nova 5i Pro Leaked Schematic Tips   |  National Edu News: IIT Madras Tops in NIRF 2019 Overall Rankings  |  National Edu News: Kerala Polytechnic allotment 2019  |  International Edu News: Queens University UK to Accept IIT JEE, Other Engg Entrance Scores  |  Science Innovations: New battery technology  |  Teacher Insights: OCD from feeling of responsibility  |  Higher Studies: Time to Apply for NIPHM PG Diploma in Plant Health Management  |  
  • Pallikkutam Magazine
  • Companion Magazine
  • Mentor
  • Smart Board
  • Pallikkutam Publications

April 12, 2018 Thursday 11:19:12 AM IST

Education Loan? Know about Vidya Lakshmi Portal by the Govt

Education Information

New Delhi: Everything you need to know about education loans in one portal- that is the motto of Vidya Lakshmi, the govt run website. It is a portal developed under the aegis of Government of India's three departments: Department of Financial Services, Department of Higher Education and Indian Banks Association (IBA).

A student can register himself/herself on the portal using his/ her  details such as name, mobile number, email id, password and the captcha code. This will take him/ her to the next step, where he/she will have to fill up a Common Education Loan Application Form (CELAF). It is a single form that enables you to apply for educational loan to any of the 34 banks registered with Vidya Lakshmi.

Since this is the form prescribed by Indian Banks Association (IBA), it is accepted by all the banks. The banks that are registered with Bank of India, Canara Bank, Corporation Bank, IDBI Bank, ICICI Bank, Indian Bank, Indian Overseas Bank and Karur Vysya Bank, Vidya Lakshmi include Allahabad Bank, Bank of Baroda, and Dena Bank.

Once you send your CELAF to a particular bank, you can keep a tab on your application by sending your query/grievance directly to the respective bank via Vidya Lakshmi. Having sent the education loan application form here, the student can check the loan application status on the portal. A student is allowed to apply for a maximum of three banks via Vidya Lakshmi Portal.



Comments