Pm vidyalaxmi: Apply Education loan through PM - VidyalaxmiPortal

Apply Education loan through PM - VidyalaxmiPortal . Student may select maximum upto three Banks of their choice for submission of education loan application. Student can track the application status through the portal. Student can raise grievance through PM - Vidyalaxmi portal. The PM Vidyalaxmi Scheme is a groundbreaking initiative by the Indian government designed to make higher education affordable for students across the nation and aims to ensure that financial challenges do not obstruct any student’s path to higher education. Announced in the Union Budget 2024-25, this centrally sponsored scheme provides financial support for educational loans up to ₹10 lakh for pursuing higher education in India. Approved by the Union Cabinet on November 6, 2024, the ... PM-Vidyalaxmi will supplement the PM -USP Central Sector Interest Subsidy (CSIS) run by DHE. 5.1. Under the PM -USP CSIS, students with annual family income up to ₹ 4.5 lakhs and pursuing technical/ professional degree courses from approved institutions get full interest subvention during moratorium period for education loans up to ₹ 10 lakhs ... Students securing admission to the top 860 HEIs in India will receive financial assistance under the PM Vidyalaxmi Scheme. The PM Vidyalaxmi Scheme will provide guarantor-free, collateral-free loans to meritorious students to pursue higher studies.