The "Pradhan Mantri Vidyalaxmi (Pm-vidyalaxmi) Scheme" aims to provide financial support for higher education through education loans. Under this scheme, financial assistance of up to ₹10,00,000/- is provided to meritorious students seeking admission to domestic institutions.
Central Government | loan | education
Collateral-free and guarantor-free education loans with no upper limit, 75% credit guarantee up to ₹7,50,000, 3% interest subvention up to ₹10,00,000 for eligible income groups
Administered by Ministry of Education
Eligible categories: General
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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.