PM Vidyalaxmi Yojana

iAbout This Scheme

Education loan facility for students admitted to top quality higher education institutions in India. Provides collateral-free loans with government credit guarantee and interest subsidy for EWS students.

🎁Key Benefits

• Education loans up to ₹10 lakh (collateral-free, no guarantor)
• Full interest subsidy during moratorium for income up to ₹8 lakh/year
• 75% credit guarantee by government
• Single-window application via PM-Vidyalaxmi portal
• Covers top institutions: NIRF top 100, IITs, NITs, IIITs

✅Eligibility Criteria

• 1
  Admitted to NIRF top 100 or other specified QHEIs
• 2
  Income below ₹8 lakh for full interest subvention

📝How to Apply

❓Frequently Asked Questions