Portal for students seeking education loans

Tribune News Service

New Delhi, August 20

The government today said it has launched a portal, vidyalakshmi.co.in, for students seeking educational loans and scholarships. The Finance Ministry said the portal was launched on the occasion of Independence Day for the benefit of students seeking educational loans.

It has been developed and maintained by NSDL e-Governance Infrastructure Limited (NSDL e-Gov) under the guidance of Department of Financial Services in the Finance Ministry, Department of Higher Education, Ministry of Human Resource Development and Indian Banks’ Association.

It is aimed to ensure that no student misses out on higher education for lack of funds, said the release, adding that the launch of the portal is the first step towards achieving this objective.

The Finance Ministry said so far 13 banks have registered 22 educational loan schemes on the portal.