PM Vidyalaxmi Scheme [Collateral Free Education Loan] 2026 - Eligibility & Benefits

PM Vidyalaxmi Scheme [Collateral Free Education Loan]

सक्रिय योजना

शेवटचे अपडेट: 2026-01-18. अर्ज करण्यापूर्वी नेहमी अधिकृत पोर्टलवर खात्री करा.

A new scheme to help meritorious students study in India's top 860 colleges (like IITs, IIMs, NITs). It provides collateral-free education loans covering full tuition fees. Poor students also get a 3% interest subsidy.

💰 फायदे

No Collateral: Loans are 100% collateral-free and guarantor-free.
Full Coverage: Covers Tuition fees, Hostel fees, Laptops, and Books.
Interest Subsidy: 3% interest subsidy for students with family income < ₹8 Lakhs (on loans up to ₹7.5 Lakhs).
Credit Guarantee: Govt provides 75% guarantee to the bank.

✅ कोण अर्ज करू शकते?

Students admitted to top 860 QHEIs (ranked by NIRF).
Family income up to ₹8 Lakh (for Interest Benefit).
Any student of these institutes (for Collateral Free Loan).

📝 अर्ज कसा करावा?

1Step 1: Register on the unified PM Vidyalaxmi Portal.
2Step 2: Fill the Common Education Loan Application Form (CELAF).
3Step 3: Apply to up to 3 banks with a single form.
4Step 4: Bank verifies admission and sanctions the loan.
5Step 5: Fees are paid directly to the institute.

अधिकृत वेबसाइट

अर्ज करण्यासाठी किंवा स्थिती तपासण्यासाठी सरकारी पोर्टलला भेट द्या.

अधिकृत पोर्टलवर जा

💰 फायदे

No Collateral: Loans are 100% collateral-free and guarantor-free.
Full Coverage: Covers Tuition fees, Hostel fees, Laptops, and Books.
Interest Subsidy: 3% interest subsidy for students with family income < ₹8 Lakhs (on loans up to ₹7.5 Lakhs).
Credit Guarantee: Govt provides 75% guarantee to the bank.

✅ कोण अर्ज करू शकते?

Students admitted to top 860 QHEIs (ranked by NIRF).
Family income up to ₹8 Lakh (for Interest Benefit).
Any student of these institutes (for Collateral Free Loan).

📝 अर्ज कसा करावा?

1Step 1: Register on the unified PM Vidyalaxmi Portal.
2Step 2: Fill the Common Education Loan Application Form (CELAF).
3Step 3: Apply to up to 3 banks with a single form.
4Step 4: Bank verifies admission and sanctions the loan.
5Step 5: Fees are paid directly to the institute.

अधिकृत वेबसाइट

अर्ज करण्यासाठी किंवा स्थिती तपासण्यासाठी सरकारी पोर्टलला भेट द्या.

अधिकृत पोर्टलवर जा

Agriculture Scientist

Leh Ladakh - Land of High Passes

Rishikesh - Yoga Capital

Ladakh - Land of High Passes

Spiti Valley - Cold Desert

Agriculture Scientist

Leh Ladakh - Land of High Passes

Rishikesh - Yoga Capital

Ladakh - Land of High Passes

Spiti Valley - Cold Desert

PM Vidyalaxmi Scheme [Collateral Free Education Loan]

सक्रिय योजना

💰 फायदे

✅ कोण अर्ज करू शकते?

📝 अर्ज कसा करावा?

अधिकृत वेबसाइट

संबंधित प्रश्न PM Vidyalaxmi Scheme [Collateral Free Education Loan]

Who is eligible for PM Vidyalaxmi loans?

Do I need to give any property as security?

What is the income limit for PM Vidyalaxmi?

Can I apply to multiple banks?

Does the loan cover hostel fees?

PM Vidyalaxmi Scheme [Collateral Free Education Loan]

सक्रिय योजना

💰 फायदे

✅ कोण अर्ज करू शकते?

📝 अर्ज कसा करावा?

अधिकृत वेबसाइट

संबंधित प्रश्न PM Vidyalaxmi Scheme [Collateral Free Education Loan]

Who is eligible for PM Vidyalaxmi loans?

Do I need to give any property as security?

What is the income limit for PM Vidyalaxmi?

Can I apply to multiple banks?

Does the loan cover hostel fees?