r/Vidhyalaxmi

HELP ME ! ABOUT VIDHYALAXMI

Hi everyone,

I'm planning to apply for the PM vidhyalakshmi education loan scheme and wanted to know about the timeline.

For those who have already applied, how long did it take for your loan to get sanctioned after submitting the application? Which bank processed your application, and was the process smooth?

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u/aribhaiiii — 3 days ago

Want to avail PM Vidhyalaxmi Scheme Loan .... But Unsure About One Thing

Hello everyone,

I have received an admission offer from TISS Mumbai, which I'm eager to accept. Availing a loan for fees should not be a complicated task. However, since TISS Mumbai has limited hostel accommodations on campus (and has certain criteria which I do not meet), I would not be able to get a hostel accommodation; there is an option of a nearby PG that I will have to take. It's not something in my control, and I would not be going for luxury housing to skyrocket my overall cost of living. Is it possible for me to get this covered in the loan as well? Considering it's my only option here, do you think there is a workaround for this situation? Also, any alternatives that could potentially help me out?

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u/Prestigious_Aioli140 — 4 days ago

For Pm vidyalaxmi loan, if the sanctioned amount includes living expenses, travel, books, etc., does that money come to the student's bank account or is the entire loan amount transferred to the college? If it's transferred to the college, how do students receive the personal expense amount?

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u/Ok_Spring_1961 — 7 days ago

Applied and sanctioned PMVILP loan

Got my loan sanctioned within 4 working days! Ask me anything I’ll try to help!!

u/AdCertain5974 — 10 days ago
▲ 2 r/Vidhyalaxmi+1 crossposts

PM Vidya Lakshmi Portal - Can’t find my Class 10 CBSE school in the school list.faced this?

Has anyone faced this issue with the PM Vidya Lakshmi portal?
I’m applying for an education loan, but my Class 10 CBSE school doesn’t appear in the school list, even though it’s on my CBSE marksheet and DigiLocker.
I’ve contacted PM Vidya Lakshmi support, checked UDISE+, and even called my school, but nothing has worked.
Has anyone found a workaround or successfully resolved this? My loan application is stuck because of this. Any help would be appreciated.(my_qualifications:)

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u/sageafterhours07 — 8 days ago

Help pls

Meri family income 2.4 lakh agar me 7.5-8L ka loan lu bank se b tech ke liye to kya sach mujhe 5 saal bad (4+1) sirf principal ammount hi dena hoga

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u/taksal_eco — 13 days ago

Interest subversion

I have Applied for education loan but my application is under process.so do I have to apply for interest subversion before the loan gets approved and I sign Or after the approval? Please help​​

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u/OrchidUnusual3651 — 12 days ago