The Pradhan Mantri Vidya Lakshmi Yojana is a government initiative that provides a single-window platform for students to apply for education loans and scholarships. Through the Vidya Lakshmi Portal (www.vidyalakshmi.co.in), students can access information on loan schemes from multiple banks and submit a common application form online. This scheme aims to make higher education more accessible and affordable, especially for students from economically weaker sections. RBS is proud to join hands with the Union government to accomplish the novel objective of accessible and affordable education for all. Through this scheme, a meritorious student can:
- Apply to multiple banks for education loans,
- Access collateral-free and guarantor-free education loans,
- Benefit of interest subsidies available to eligible students as per scheme guidelines
- To address queries raised by the students, there is a dedicated Toll-free number l800-1031
