For the children belonging to the middle income families, the Central Government has approved the PM Vidya Lakshmi Yojana 2024 where the students can get a loan on higher education for the amount up to Rs 10 lakh. The Prime Minister Vidya Lakshmi Scheme Registration 2024 has to be completed through the official portal vidyalakshmi.co.in The application form has to be completed through the online mode and you can find the complete College list. You must check the PM Vidya Lakshmi Yojana Eligibility 2024 to know if you could apply or not.
Now the given post shall provide the details on the eligibility and the PM Vidya Lakshmi Scheme Registration 2024 process.
PM Vidya Lakshmi Yojana 2024
The Central Government of India has been providing the benefits to the students where they have been struggling due to finances for higher education. The students belonging to middle class families can’t afford higher education and they are struggling towards building a strong future. The students are now provided with a better opportunity where they will be given the benefit of loan at a very less rate. The students who dream of pursuing their higher education from a very good Institute can now make their dreams fulfilled as they can now get loans. The students who wish to take loan up to 7.5 lakhs will be given the 75% of the credit guarantee by the Central Government. The loans can be taken if the family income is less than 8 lakh and there is no need for any guarantee in that case.
The students will have to provide the interest subsidy of 3% on the loan which will be taken. The Cabinet has approved this loan and have stated that no meritorious student shall be left without any further education. The student who gets admission in the Higher Quality Institution will be eligible for the guarantor free loans from the banks or the financial institutions. You are to meet the basic requirements under the Scheme to be able to get the benefit from it.
vidyalakshmi.co.in Yojana 2024 Overview
The students have been facing a lot of struggle as they are unable to proceed with higher education. The students can now apply for the PM Vidya Lakshmi Yojana 2024 which is to provide the loans at 3% of interest and without any guarantee. Only the families having the income under 8 lakh are eligible for the loans.
| Post Title | PM Vidya Lakshmi Yojana 2024 |
| Scheme Name | Vidya Lakshmi Education Loan Yojana |
| Started By | Ministry of Finance |
| Benefit | To provide low interest rates loan to the students |
| Loan amount | Up to Rs 10 lakh |
| Interest rate | 3% |
| Guarantee | No |
| Total family income | Rs 8 lakh or less |
| Eligibility | Meritorious students for higher education |
| PM Vidya Lakshmi Scheme Registration 2024 | Online |
| Post type | Yojana |
| Website | vidyalakshmi.co.in |
What Is PM Vidya Lakshmi Scheme 2024?
- The Central Government has now started a scheme where the Students of the low income families will be given financial help in the form of loans.
- The meritorious students who wish to proceed with the higher education will be able to get the loan up to the amount of Rs 10 lakh.
- The loans shall be provided if the income of the families is less than 8 lakh and the loan will be provided with the interest of 3%.
- The students shall be given the loan facility without any guarantee and in case the loan amount is less than Rs 7.5 lakh, in that case, the 75% of the credit guarantee will be provided by the Central Government.
- You shall check the eligibility requirements to know if you could proceed with the application or not.
PM Vidya Lakshmi Yojana Eligibility 2024
- To be eligible for the benefit, the students shall be in an Institute where they have taken the admission for higher courses.
- The Institute shall be ranked within 100 in the All India NIRF ranking
- The students shall not have the income above Rs 8 lakh.
- As per the Yojana, every year 1 lakh students shall be given this loan.
- The Institute has to be the Government one.
How To Register For PM Vidya Lakshmi Scheme 2024?
- You shall open the website vidyalakshmi.co.in on your device
- Then click on the registration tab on the main page
- If you haven’t completed the PM Vidya Lakshmi Scheme Registration 2024, do it first.
- If you have been already registered, provide all the details and proceed further.
PM Vidya Lakshmi Yojana Application Form 2024
- Firstly open the portal vidyalakshmi.co.in on your device
- Then fill in the registration details and then complete the online PM Vidya Lakshmi Yojana Application Form 2024.
- Open the form and then provide the necessary details to it.
- Submit the documents and then make the final submission of the form.
Documents For Prime Minister Vidya Lakshmi Scheme Registration 2024
- Aadhar Card
- Passport size photograph
- Income certificate
- Caste certificate
- Address proof
- Class 12th certificate
College List Under PM Vidya Lakshmi Yojana 2024
- Dr. BR Ambedkar Institute of Technology in Andaman and Nicobar
- Maharajas PG College in Andhra Pradesh
- Rajiv Gandhi University, Itanagar
- Mangaldai College in Assam
- Dr Ram Naresh Singh Yadav Mahadalit Degree College in Bihar
- Govt. Post Graduate College of Girls in Chandigarh
- College of Information Technology in Bilaspur
- Dr BBA Polytechnic In Dadra
- Govt. Polytechnic in Daman and Diu
- Zakir Husain College in Delhi
- Agnel Polytechnic in Goa
- School of Nursing in Gujarat.
- Apeejay Stya University in Haryana
- Shoolini University of Biotechnology in HP
- Ahmad Institute of Health Science in J&K
- Maulana Azad College in Jharkhand
- Dr Gangubai Hangal University of Music in Karnataka
- Al Ameen College of Law in Karnataka
- Sree Narayana Guru College in Kerala
- Calicut University Centre in Lakshadweep
- Sardar Patel College in Maharashtra
- Central Agricultural University Imphal
- Mahatma Gandhi University in Meghalaya
- Mizoram University in Mizoram
- Jharsuguda Black Diamond College of Engineering and Technology in Odisha
- National Institute of Technology in Puducherry
- GRD College For Women, Phagwara in Punjab
- Bhagwant University In Ajmer
- Gangtok College of Agricultural Engineering in Sikkim
- Sarah Tucker College in TamilNadu
- Gouthami Sai Degree 7 PG College in Telangana
- IGNOU Regional Centre in Tripura
- Amity University in UP
- Doon Institute of Management & Technology in Uttarakhand
- Indira Gandhi Teachers Training Institute in West Bengal.
Links For vidyalakshmi.co.in Yojana Application Form 2024
| PM Vidya Lakshmi Yojana Application Form 2024 | Vidya lakshmi Portal |
| RNB GUJARAT Homepage | Visit Here |
FAQs On PM Vidya Lakshmi Yojana 2024
The scheme provides the loan to the students whose income is under Rs 8 lakh.
The amount you could get under the Vidya Lakshmi Scheme 2024 is up to Rs 10 lakh with interest of 3%.
The individuals can apply for the scheme if they are meeting the above stated requirements.