How to Get a Student Loan? - Pradhan Mantri Vidyalakshmi

How To Get A Study Loan: If you want to take an interest free loan for your studies, under the Pradhan Mantri Vidyalakshmi Loan Scheme, you can get a loan of up to 5 lakhs sitting at home without any collateral. Also the loan repayment period is 5 years to 7 years but many students are unable to get the loan even though they want to. Because he doesn't know how to apply. If you also want to take a loan for your studies , after reading this article till the end, you can apply for the loan immediately.

How to Get a Student Loan?

Even today, many students from poor families in the country drop out of school and start working as day laborers at an early age. Keeping this in mind, the government has started the Pradhan Mantri Vidyalakshmi Loan Scheme so that all students can get higher education by taking loans from the government scheme. And there is no need to go to the bank for loans, so a website has been launched so that all students can apply for loans online from home. So without taking much time , let us explain in simple words all the process of taking loan for study . 

How to get study loan?

  • First, to avail loan under Pradhan Mantri Vidya Lakshmi Yojana, you need to open the government website, if you want to go directly to the website,  use this link.
  • After going to the link, the website of Vidyalakshmi Yojana will open, in which you have to select the REGISTER option.
  • After this a new page will open in which you have to fill your name, surname, mobile number, email id, password and captcha code, then tick the checkbox and select the submit button.
  • After selecting the submit button, there will be an option LOGIN on the right side of your mobile or laptop which you have to select.
  • After this, fill your email id password and captcha code and select login button.
  • After this, the loan application form will be opened in which all the requested information should be filled and then all the required documents should be uploaded and submitted .
  • With this, under the Pradhan Mantri Vidyalakshmi Yojana scheme, you can get a home study loan without any collateral.

Documents Required for Education Loan

  • Aadhaar card
  • Passport size photograph
  • Bank account passbook
  • Mobile number
  • e-mail address
  • Marks Sheet
  • Photo of parents
  • I certificate


To get loan in Pradhan Mantri Vidyalakshmi Yojana you have to open government website then select registration option then submit name, email id, password and captcha code and then select LOGIN option. After login by filling email id, password and captcha code, the loan application form will open in which you have to fill and submit all the requested information.

Frequently Asked Questions (FAQs)

How to apply online for education loan?
Home study loan can be availed by visiting the government website
What documents are required in Pradhan Mantri Vidyalakshmi Loan Scheme?
Aadhaar card, mark sheet, bank account book, passport size photograph, mobile number, email ID, income certificate to get education loan.
How much credit is available for the course?
Borrowing up to 4 lakhs from Pradhan Mantri Vidyalakshmi Yojana does not require collateral and you do not need to pledge any property.

All the process of how to get study loan is explained here step by step, I hope you all understand the given information. Also there will be no problem in taking loan for study, if you don't understand the method of taking loan, you can ask through comment and you will get immediate reply.

Similarly, we will inform you about such new loan schemes on this website so that you can avail the benefits. If you liked this article, please share it so that all students can know about the process of getting a study loan. Thanks.