Vidya Lakshmi Educational Loans Yojana

2 years ago Sarkari user 1

Vidya Lakshmi Educational Loans Yojana is a web-based portal has been launched by the Union Government on the occasion of Independence Day i.e. 15th August, 2015 for the benefit of  students seeking Educational Loans offered by various banks operational in India. The portal is also designed to offer government scholarships to eligible students.

The Portal has been developed and maintained by NSDL e-Governance Infrastructure Limited under the guidance of:

  • Department of Financial Services
  • Ministry of Finance
  • Department of Higher Education
  • Ministry of Human Resource Development and Indian Bank’s Association


  • Vidya Lakshmi Educational Loans Yojana, Portal works as an Information center for students about Educational Loan Schemes offered by the registered Banks.
  • Common Educational Loan Application Form (CELAF) for all Students who wish to apply.
  • Facility to apply to multiple Banks for Educational Loans. All banks are listed and they can easily apply for it from anyone.
  • Facility for Banks to download Students’ Loan Applications.
  • Facility for Banks to upload loan processing status quickly.
  • Facility for Students to email grievances/queries relating to Educational Loans to Banks.
  • Linkage to National Scholarship Portal for information and application for Government Scholarships.

List of Banks:

  1. Allahabad bank
  2. Andhra bank
  3. Axis bank
  4. Bank of baroda
  5. Bank of india
  6. Bank of Maharashtra
  7. Bharatiya Mahila bank
  8. Canara Bank
  9. Central bank of india
  10. Corporation bank
  11. Dena bank
  12. GP parsik bank
  13. HDFC bank
  14. ICICI bank
  15. IDBI bank
  16. Indian bank
  17. Karurvysya bank
  18. Kotak mahindra bank
  19. Oriental bank of commerce
  20. Punjab and sindh bank
  21. Punjab national bank
  22. RBL bank
  23. State bank of bikaner and jaipur
  24. State bank of hyderabad
  25. State bank of India
  26. State bank of Mysore
  27. State bank of Patiala
  28. State bank of Travancore
  29. Syndicate bank
  30. UCO bank
  31. Union Bank
  32. United bank of india
  33. Vijaya bank

How to apply:

To register on Vidya Lakshmi portal

To apply for educational loan through Vidya Lakshmi

  • Login with your user id and password
  • Fill-up the Common Education Loan Application Form (CELAF) by providing all the necessary details.
  • After completing and submitting the Loan Application Form, you can Search for ‘Educational Loan Schemes’ offered by Banks that are registered on Vidyalakshmi portal.

If you require any further information, let me know in the comment box.