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YojanaAI

PM Vidyalaxmi

Central schemeMinistry of Education

Collateral-free, guarantor-free education loans, with interest subvention for lower-income families.

Go to official source (opens pmvidyalaxmi.co.in in a new tab)

Who it is for

Students admitted on merit to listed quality higher education institutions.

Basic eligibility

  • Admission to an institution on the scheme’s list.
  • Interest subvention depends on family income.

Documents usually needed

  • Aadhaar
  • PAN
  • Admission letter and fee structure
  • Income certificate

How to apply

Apply on the PM Vidyalaxmi portal and choose a bank.

Official source: pmvidyalaxmi.co.in

Always confirm eligibility, benefits, documents, deadlines and how to apply on the official source before you act. We do not guarantee approval of any application. This page was last reviewed in November 2026; amounts and rules may have changed since.

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