Vidya Lakshmi Portal
Availing an educational loan is a great difficulty faced by students who wish to pursue their studies. The information on loans, collateral etc is not easily available and that makes the process of availing loans a purely discretionary affair. To ensure that the information about loans is available to everyone and the process of applying for educational loans is hassle free, NSDL e-Governance Infrastructure Limited (NSDL e-Gov) has launched the Vidya Lakshmi Portal. The portal has become functional with effect from 15.8.2015. Under this any Student can apply for Education Loan online:- www.vidyalakshmi.co.in. Many options are available: different types of Bank, different types of Scheme, different types of Product, etc. The portal is a gateway to Banks for education loan and also has linkages with National e-Scholarship Portal: www.scholarships.gov.in where students can also apply for scholarship. The Vidya Lakshmi Portal has the facility of tracking the students right from the inception of loan application until the completion of sanction of loan or otherwise. Students can view, apply and track their education loan applications to banks by accessing the Portal. The Portal is useful for students, parents, educational institutions, bankers, employers, researchers, etc. 26 banks have been registered so far and 52 loan schemes have been uploaded in Vidya Lakshmi Portal.