SA_Scholarships & Loans

Here is the list of required documents for the education loan application. It can vary slightly depending on the bank or lender you choose:

• Filled application form
• KYC Documents (Know Your Customer) such as ID proof, residence proof, and more
• Academic Transcripts and Mark Sheets
• Co-applicant/Guarantor Documents such as ID proof, income proof and bank statement.

Well, do not worry! You can recover your password in three easy steps. However, for this, you must have your registered email id and then follow the below mentioned process:

• On the Vidya Lakshmi Portal student login page, click on "Forget Password".
• Mention your registered email id, and portal will send a system generated email to reset your password.
• Follow the instructions and change the password.

Here are some common eligibility crtieria for Vidya Lakshmi Portal registration, set by the banks are:

• Student should be an Indian citizen
• The applicant must have a certificate of 10+2 completion.
• Admission letter from a reputed educational institute is mandatory part of vidyalakshmi education loan eligibility.

Other than this, banks may ask for other eligibility (If required).

Students need to ensure that they are eligible to apply for education loans through the Vidya Laxmi portal. Then applicants need to create a new account and fill up the Common Education Loan Application Form (CELAF) with the required information. There candidates can select the education loan scheme according to their need.

It is really difficult to find a best education loan for abroad studies. There are several factors to select a best one such as interest rate, loan amount, repayment tenure, processing fees, collateral security and more. All you need to do is explore different options of education loans and compare to find that suits your objective.