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      • The Bank will update the status of the application on Vidya Lakshmi portal. Students can view the status of the application on the applicant's dashboard on the portal.
      www.ndtv.com/education/governments-vidya-lakshmi-portal-answers-frequently-asked-questions-2402300
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  2. www.vidyalakshmi.co.in › Students › faqFAQs - Vidya lakshmi

    The Bank will update the status of the application on Vidya Lakshmi portal. Students can view the status of the application on the applicant's dashboard on the portal.

    • Useful Links

      1. Department of Financial Services, Ministry of Finance 2....

    • Vidya Lakshmi

      Vidya Lakshmi is a first of its kind portal for students...

  3. Mar 30, 2021 · The Bank will update the status of the application on Vidya Lakshmi portal. Students can view the status of the application on the applicant's dashboard on the portal.

  4. www.vidyalakshmi.co.in › Students › indexVidya lakshmi

    Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. This portal has been developed under the guidance of Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Education) and Indian Banks Association (IBA).

    • Vidyalakshmi Education Loan: Features of Website and Other Benefits
    • Vidyalakshmi Portal: Features and Benefits
    • Vidyalakshmi Education Loan Portal: Banks List
    • Vidyalakshmi Education Loan Interest Rates
    • Vidyalakshmi Portal: How to Register and Apply
    • Vidyalakshmi Education Loan Portal: Searching For Education Loan
    • Vidyalakshmi Education Loan Portal: Other Features
    • Vidyalakshmi Education Loans: FAQs

    Vidyalakshmi Portal provides easy services like common application form, data security, CSIS: Central Loan Interest Subsidy Scheme compliance and remote service. With VidyaLakshmi Education Loan students can secure maximum amount of study loan, with least possible interest rates. Main benefits for students looking for Student Loan from Vidyalakshmi...

    Information about Educational Loan Schemes of Banks
    Common Educational Loan Application Form for Students
    Apply to multiple Banks for Educational Loans
    Facility for Banks to download Students Loan Applications

    Almost all Indian Banks that are member of Indian Banking Association are obligated to provide loans to students. This includes Government-Private Banks, and even NBFC (Non-Banking Financial Institutions) and other entities. Currently there are 36 Indian Banks enlisted with the Vidyalakshmi Education Loan Schemes providing 96 different types of loa...

    All Indian Banks provide education loans on the basis of standard lending rates as set by the Reserve Bank of India and Indian Banking Association. These rates are called Marginal cost of Credit based Lending Rates. Every Student Loan interest rate commonly known as ROI is based on a percentage addition to these basic rates. Almost all banks add fr...

    Vidyalakshmi Education Loan Portal: Registration Process

    Registering with Vidyalakshmi Education Loan Website has many benefits, even if you’re not applying for loan from there. The registration alone provides you access to student loan schemes which you can refer from bank branches and apply directly. To register on VidyaLakshmi Education Loan Portal, follow these steps:- 1. Visit the Vidyalakshmi Website 2. Click on the ‘Register’ option from top strip/pane of the website 3. Fill the details as requested (Name, Age, DOB, Email ID and Mobile No.)...

    VidyaLakshmi Education Loan Login and Education Loan Search

    Vidyalakshmi Login Process: Step-by-Step Guide and Troubleshooting Now that you’ve registered on the portal, all that’s left is filling the Vidyalakhsmi common education loan application form (CELAF). Then you can easily search from numerous Study loan Schemes and apply for them from the portal. Vidyalakshmi Login process and loan search process is as follows:- 1. Visit the Vidyalakshmi Education Loan Portal Website 2. From the options on top of the page select ‘Login’ and then ‘Student Login...

    Vidyalakshmi Education Loan Search is easier to use because it separates the student loan requirements in various categories. The various types of student loan combinations that you can find on Vidyalakshmi Website are:-

    Vidyalakshmi Portal: Education Loan Interest Subsidy Schemes

    Students from economically weaker section can now avail study loan benefits without the burden of interest for certain period of time with Vidyalakshmi Portal. Even students trying to pursue international higher educationcourses, can avail these subsidies provided they fulfill the criteria. The Central Sector Interest Subsidy Scheme by MHRD, India after the recent update now provides study loan to students up to 7.5 Lakhs without any collateral or guarantee. The Subsidy Scheme also covers the...

    Vidyalakshmi: Education Loan Application to Education Loan Sanction

    Public Expenditure in Education has increased from 3.03 Lakh Crores of Indian rupees to almost 4.90 Lakh Crore Indian rupees according to 2018 Education Finance report. An average household now roles out INR 3061 per year for primary education compared to INR 897 year in 2007-08. Vidyalakshmi Portal provides additional services like data security and maximum amount of student loan, with least possible interest rates. The Portal also supports services like loan renewal and Education Loan tenur...

    A1: Vidyalakshmi Portal is a student loan application portal by Government of India. It allows students to apply for at most 3 different student loans from various banks. Currently students can only proceed one sanctioned student loan application on the Vidyalakshmi Portal but it lies completely on the discretion of lending bank if they wish to mer...

  5. Nov 1, 2023 · On the dashboard page, you will see the ‘Application Status’ button. Click on application status and check the status of your loan. It will show all the applications which you submitted for an education loan. These details are shared by the bank on the portal after each step.

  6. Jul 28, 2024 · The portal allows students to track their application status, starting from the inception of the application to the approval of the loan. This provides transparency and alleviates stress during the waiting period. Due to its numerous benefits, the portal makes it easier for study abroad aspirants to fund their education.

  7. Jan 3, 2024 · Banks update the status of the application on the Vidya Lakshmi portal, visible on the applicant's dashboard. This transparent process keeps students informed. (Read More: How to apply for Non-collateral Loans for studying abroad?