Vidya Lakshmi Portal

Vidya Lakshmi Portal is a government-backed online platform developed under the guidance of the Ministry of Finance, Ministry of Education, and Indian Banks’ Association (IBA). It serves as a single-window digital platform for students seeking education loans and scholarships. Launched as part of the Pradhan Mantri Vidya Lakshmi Karyakram (PMVLK), the portal enables students to apply for education loans from multiple banks through a Common Education Loan Application Form (CELAF). It ensures transparency, simplifies the loan process, and offers access to various interest subsidy schemes provided by the Government of India.

✅ Must be a citizen of India.
✅ Should have secured admission in a recognized course in India or abroad.
✅ The course should be professional or technical in nature, approved by UGC/AICTE/Government or equivalent international bodies.
✅ Applicants should be 18 years or above (or apply through a co-applicant such as parent/guardian if underage).
✅ A co-applicant with a steady income is typically required (especially for high-value loans).
✅ For interest subsidy schemes, the family’s annual income should not exceed:
₹4.5 lakhs (for full subsidy under Central Sector Interest Subsidy Scheme)
₹8 lakhs (for partial subvention under other schemes like Dr. Ambedkar or Padho Pardesh)

Register on the Portal
- Visit: www.vidyalakshmi.co.in
- Click on “Register” and create your student profile using a valid email ID and mobile number.
Log In and Fill CELAF
- Complete the Common Education Loan Application Form (CELAF) online.
- Provide academic, course, and financial details.
Select Banks and Schemes
- Choose up to three banks or loan schemes that best suit your needs.
Submit Your Application
- Submit your form online.
- The selected banks will review your application and contact you for further processing.
Track Application Status
- Log in anytime to view the status of your application, respond to bank queries, or upload additional documents.