Pradhan Mantri Vidya Lakshmi Karyakaram (PMVLK)

Launched by the Government of India to provide education loans to students who wish to pursue higher education.

[{"selector":"#anim-34966d36-e3f5-4ce8-bc07-ebe448b7e110","keyframes":{"opacity":[0,1]},"delay":0,"duration":750,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

[{"selector":"#anim-028a4b3d-b74a-42fb-8405-4cbe4df95502 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, -6.756756494358436%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Cloud Banner Students can apply for education loans of up to Rs. 10 Lakhs to pursue higher education in India or abroad.

Cloud Banner The scheme also provides for a provision of collateral-free loans for students whose parents or guardians have an annual income of less than Rs. 4.5 Lakhs.

[{"selector":"#anim-fbc45fdd-0a42-4225-a467-b5b6b3910fd6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 7.760782355151471e-15%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Cloud Banner Students can apply for loans for higher education through any of the participating banks or educational institutions.

Cloud Banner The scheme also provides for various other benefits such as interest subsidy and insurance cover for students

Cloud Banner The scheme has the potential to make a great impact in providing an opportunity for students to pursue their dreams & reach their full potential, regardless of their financial background.