In order to provide easy and quick availability of Educational Loan for meritorious students of top 860 Quality Higher Educational Institutions, the  PM Vidyalaxmi scheme  was launched on 6 ^th  November 2024. The scheme enables collateral-free, guarantor-free education loans by banks through a simple, transparent, student friendly and digital application process.In this regard, it is suggested that the information regarding availability of education loan under  PM Vidyalaxmi scheme, for meritorious students may be incorporated in prospectus/admission brochure of your University/Institute, along with notifying through the website.  

The complete  information and details about the scheme are available at PM Vidyalaxmi portal  ( https://pmvidyalaxmi.co.in ).

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