Vidya
Lakshmi Student Loan Scheme:
Vidya Lakshmi (www.vidyalakshmi.co.in), is
a web-based portal which has been launched on the occasion of Independence Day
i.e. 15th August, 2015 by the Union Government for the benefit of students
seeking Educational Loans.
This portal is developed and maintained by NSDL
e-Governance Infrastructure Limited in group effort with the Department of
Financial Services, Department of Higher Education, Indian Banks Association
and the Ministry of Human Resource Development. This portal is a opportunity
for all students to access funds and information related to educational loans
as well as government scholarships.
a single window is provided to students
applying for loans or scholarship by filling up a single form. 22 different
education loan schemes are provided by this Portal. The portal will provide
information about educational loan schemes of banks; common educational loan
application form for students; facility to apply to multiple banks for
educational loans; and facility for banks to download students' loan
applications.
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, the success of which depends up on
the kind of contacts a student has.
The basic objective of the scheme is to
provide easy and effective system of getting educational loans so that no
student leaves his or her education mid-way due to lack of funds.
Main
Benifits of Vidya Lakshmi PortalVidya Lakshmi Portal Logo
The main benefits of this portal are given
below:
·
Common Educational Loan
Application Form for Students;
·
Dashboard facility for
Students to view status of their loan application and
·
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
·
Facility to apply to
multiple Banks for Educational Loans;
·
Government Scholarships.
·
Information about
Educational Loan Schemes of Banks;
·
Linkage to National
Scholarship Portal for information and application for
·
Loans to Banks;
Names
of banks:
·
SBI
·
IDBI
·
Bank of India
·
Canara Bank
·
Union Bank of India
·
Corporation Bank
·
Dena Bank
·
Punjab National Bank
·
Punjab and Sindh Bank
·
Oriental Bank of Commerce
·
Central Bank of India
·
Kotak Mahindra Bank
·
Vijaya Bank
Process
to apply:
·
Visit vidyalakshmi.co.in
Click on Register and create your Login Id / Account.
·
Fill up the Common
Application form for scholarship referred as the Common Education Loan
Application Form (CELAF). This form is prescribed by Indian Banks Association
(IBA) and is accepted by all banks.
·
Based on the eligibility
criteria, the portal itself suggests the various schemes for which a student is
eligible.
·
The applicant can now
choose Educational Loan as per his/her requirements, eligibility and
convenience.
0 comments:
Post a Comment