The ‘Vidya Lakshmi Portal’ has been launched on 15 August 2015 by the Department of Higher Education under the Ministry of Human Resource Development, New Delhi. Under this scheme, any Indian student can apply for educational loan online by browsing on www.vidyalakshmi.co.in .
The main purpose of this portal is to have facilities of education loan, scholarship and other student friendly facilities through one link. Students can apply from his/her home, Institution, kiosk or Cyber café. The portal is linked with “Centre for Good Governance National-e-Scholarship Portal: www.scholarships.gov.in.
Students can also apply for scholarship. Besides, a good number of student-friendly schemes are also mentioned in the portal. Students can apply, view and track their education loan application to banks anytime by accessing the Portal which would be useful for students, parents, institutions, bankers, employers, researchers etc.