PM Vidya Lakshmi Yojana 2026 – Collateral Free Education Loan, Apply Online @pmvidyalaxmi.co.in
Latest Update: PM Vidya Lakshmi Portal par 1 saal me 3.31 Lakh Education Loan sanction hue hain, Rs 7,229 Crore disbursed. Ab 2026 me 860 Top NIRF Colleges ke students bina Collateral, bina Guarantor ke loan le sakte hain. [9109692812869749061†L8-L15]
PM Vidya Lakshmi Yojana 2026 Overview
| Yojana Ka Naam | Pradhan Mantri Vidya Lakshmi Yojana (PM-Vidyalaxmi / PM-VBRY Education Loan Scheme) |
| Launch Date | 6 November 2024 ko Department of Higher Education dwara, Portal Launch 25 Feb 2025 [9109692812869749061†L14-L17] |
| Objective | Koi bhi meritorious student financial problem ki wajah se higher education se vanchit na rahe [9109692812869749061†L54-L57] |
| Official Portal | pmvidyalaxmi.co.in |
| Budget | Rs 3600 Crore (2024-25 se 2030-31 tak) [9109692812869749061†L85-L88] |
| Beneficiary | 22 Lakh+ Students per year, 860 QHEIs ke students [9109692812869749061†L86-L89] |
| Loan Benefit | Rs 7.5 Lakh tak 75% Credit Guarantee, No Collateral No Guarantor [9109692812869749061†L63-L67] |
PM Vidya Lakshmi Yojana Kya Hai? Full Details
PM Vidya Lakshmi Yojana ko PM-Vidyalaxmi Scheme ke naam se bhi jana jata hai. Ye scheme Union Budget 2024 me announce hui thi aur NEP 2020 ke tahat shuru ki gayi hai [9109692812869749061†L117-L120]. Iska main portal ek single-window platform hai jisme 2-page ka simple Common Education Loan Application Form (CELAF) bharna hota hai [9109692812869749061†L41-L44]. Student ek sath 3 banks me apply kar sakta hai.
Is portal par ab tak 6,51,974 applications aaye hain jisme se 3,31,089 sanction ho chuke hain, approval rate 50.8% hai. Total course duration ke liye Rs 35,939.69 Crore sanction kiye gaye hain [9109692812869749061†L11-L15]. PM-Vidyalaxmi ke under alag se 1,00,869 applications me se 60,603 loan sanction hue hain jiska amount Rs 7,754.7 Crore hai [9109692812869749061†L22-L25].
Benefits – 3 Tarah Ke Fayde
1. Income < Rs 4.5 Lakh Walo Ke Liye
PM-USP CSIS ke tahat 100% Interest Subsidy milegi. Course complete hone tak ka pura interest government bharegi [9109692812869749061†L59-L62].
2. Income Rs 4.5 Lakh se 8 Lakh Walo Ke Liye
3% Interest Subvention Rs 10 Lakh tak ke loan par moratorium period ke dauran. Har saal 1 Lakh naye students ko iska fayda milega [9109692812869749061†L20-L23]. Ye benefit graduation ya post-graduation me ek baar hi milega.
3. Sabhi Students Ke Liye – Credit Guarantee
Bina kisi income limit ke, Rs 7.5 Lakh tak ke loan par 75% Credit Guarantee sarkar degi. Isse bank bina dare loan dega [9109692812869749061†L63-L66]. 1,12,817 collateral-free loans Rs 15,634.78 Crore ke sanction ho chuke hain July 2026 tak [9109692812869749061†L134-L137].
Eligibility Criteria 2026
- ✅ Student Indian Citizen hona chahiye [9109692812869749061†L67-L70]
- ✅ 860 Quality Higher Education Institutions (QHEIs) me merit-based admission liya ho. Management quota wale eligible nahi [9109692812869749061†L151-L154]
- ✅ QHEIs me Top 100 NIRF Overall, Category-Specific, Domain-Specific, Top 200 State Govt HEIs, aur sabhi Central Govt Institutions shamil hain [9109692812869749061†L88-L93]
- ✅ Kisi aur Central/State Scholarship ya Interest Subvention Scheme ka benefit na le raha ho [9109692812869749061†L154-L157]
- ✅ Academic ya disciplinary reason se drop-out/expelled na hua ho [9109692812869749061†L70-L73]
Top 860 Colleges List – Kaun Kaun Se Eligible Hain?
Isme IITs, IIMs, NITs, AIIMS, IISc, Central Universities, Top Private Universities jaise BITS Pilani, VIT, Manipal sab shamil hain. List har saal latest NIRF ranking ke basis par update hoti hai [9109692812869749061†L90-L94]. Portal par jaake aap college ka naam search kar sakte ho.
Documents Required
| Document | Details |
|---|---|
| Identity Proof | Aadhaar, PAN [9109692812869749061†L223-L227] |
| Admission Proof | Merit admission letter, NIRF institution proof, Fee structure |
| Income Proof | ITR, Salary Slip (3% subvention ke liye) [9109692812869749061†L228-L232] |
| Academic | 10th, 12th Marksheet, Graduation Marksheet |
How to Apply Online for PM Vidya Lakshmi Yojana 2026 – Step by Step
- Step 1: Official website pmvidyalaxmi.co.in par jaye [9109692812869749061†L72-L75].
- Step 2: Student Registration par click karke Student ID banaye.
- Step 3: Login karke Common Education Loan Application Form (CELAF) bhare [9109692812869749061†L118-L121].
- Step 4: Ek sath 3 banks tak select kare – SBI, PNB, HDFC, ICICI, RRBs sab integrated hain [9109692812869749061†L74-L78].
- Step 5: Documents upload kare aur submit kare.
- Step 6: Application status portal par real-time track kare [9109692812869749061†L240-L244].
- Step 7: Loan sanction ke baad interest subvention amount CBDC e-voucher ya Digital Rupee App ke through aapke wallet me aayega [9109692812869749061†L76-L79].
⚠️ Important Note
Loan ka koi fixed upper limit nahi hai, aap course fee ke hisab se le sakte ho jisme tuition, hostel, exam fee, books, lab, laptop sab cover hota hai [9109692812869749061†L274-L284]. Lekin interest subvention sirf Rs 10 lakh tak aur credit guarantee Rs 7.5 lakh tak hi hai.
Interest Rate Kya Hai?
Interest rate bank par depend karta hai, generally 8.5% – 11% tak. Usme se 3% ya 100% sarkar bharegi to aapka effective rate 5.5% tak kam ho jayega. Isse gareeb students par bojh kam padta hai [9109692812869749061†L286-L290].
FAQs – PM Vidya Lakshmi Yojana 2026
Ans: Rs 7.5 lakh tak bina collateral, bina guarantor, 75% credit guarantee ke sath [9109692812869749061†L121-L123].
Ans: Jinki family income Rs 8 lakh tak hai aur jo kisi aur scheme me nahi hain, unhe Rs 10 lakh tak ke loan par 3% subsidy milegi [9109692812869749061†L48-L51].
Ans: pmvidyalaxmi.co.in par CELAF form bharke 3 banks me ek sath apply kar sakte hain [9109692812869749061†L181-L186].
© 2026 PM Vidya Lakshmi Yojana Guide | Last Updated: 15 Oct 2026 | Source: Ministry of Education, PIB