Do you want loan for higher studies? Which bank? How to apply? Don’t feel trouble you can consult bank from your home regarding education loan. Let’s see how…
Banks are providing education loans for education in Indian and other countries. Like earlier you need not go to banks for the details. There is a portal www.vidyalakshmi.co.in which have the details of all banks education loan schemes started by central finance department, human resources department and Indian banks organization. Students can apply from home itself through this portal which is designed by NSDL e-governance.
Detailed information regarding banks and their educational schemes.
Common application: by filling common application CELAF (common educational loan application form) designed by Indian banks association. You can send application to maximum three banks.
Relation with banks: the banks which are listed in this portal download and verify the application.
Updated information: portal will give the information about status of application.
Application for scholarship: there is a link available for eligible candidates who want to apply scholarship of central government.
Banks: Andhra bank, State bank of India, State bank of Hyderabad, bank of Baroda, Canara bank, corporation bank, Indian bank, Syndicate bank, Union bank, Punjab national bank and other govt. banks along with private banks like ICICI bank, axis bank, HDFC bank, IDBI bank, Karur vysya bank. There are total 39 banks and 66 schemes available in this portal.
What to do?
The student who want education loan should register with vidyalakshmi portal.
E-mail ID and mobile number are must for registration. The password chosen by you will help to login.
Complete common application and give details of parents and applicant.
Upload marks list.
The place where you want to study, course, total amount of loan should be given. You have only 3 banks to choose.
You can refer the schemes of various banks.
Three banks will verify the application and give the response to person.
You can collect the loan after the procedure is successful.
It’s very precious chance for the people who are maintaining distance to higher studies due to financial problems.