PM-Vidyalaxmi collateral-free education loans with interest subvention
पीएम-विद्यालक्ष्मी
Paid by Department of Higher Education, Ministry of Education, Government of India · 🇮🇳 India
What this pays
The published value, how it is calculated, and whether it is cash or a credit ceiling.
Email and a six-digit code, then €50 a year. No password to forget.
Who qualifies
UnlockThe 4 published rules this programme tests you against — age, income, residency, household and the rest.
The steps, documents and official link are part of the paid plan. Checking how much you're owed stays free.
3 documents you'll need
UnlockExactly what to gather before you start, so nothing sends you back to the beginning.
Where this comes from
Under this scheme, students can avail loans of up to Rs 7.5 lakh with a 75% credit guarantee, making it easier for students to get loans without collateral or guarantors.
A researcher has read this record against the official page.
Last checked against the official page on 5 October 2026
Source: funder's homepage — the programme page was not found
Report an error Something wrong or out of date? Tell us.
Related reading: How to read a grant eligibility rule
Other education & training support in India
30 more programmes are on the paid plan, with the amount, the rules, the documents and the steps for each.
- PM-YASASVI Post-Matric Scholarship for OBC, EBC and DNT students
- Merit-cum-Means Scholarship for minority community students
- Prime Minister's Scholarship Scheme for wards of CAPF/Assam Rifles and police personnel
- PM POSHAN (free hot cooked mid-day meal in schools)
- Scheme of Free Coaching for SC and OBC students
- PM eVIDYA / DIKSHA (free digital learning content)
- Central Sector Interest Subsidy on education loans (CSIS)
- Tamil Nadu Chief Minister's Breakfast Scheme
- Tamil Nadu Pudhumai Penn (₹1,000/month for college-going girls from government schools)
- West Bengal Kanyashree Prakalpa (scholarships to keep girls in school)
- Gujarat Mukhyamantri Yuva Swavalamban Yojana (MYSY scholarship)
- National Overseas Scholarship (NOS) for SC, DNT, landless agricultural labourer and traditional artisan students to study abroad
- Central Sector Scholarship of Top Class Education for SC Students
- AICTE Swanath Scholarship for orphans, Covid-orphans and wards of martyred armed forces personnel
- AICTE Pragati Scholarship for Girl Students (Degree)
- AICTE Pragati Scholarship for Girl Students (Diploma)
- AICTE Saksham Scholarship for Specially-Abled Students (Degree)
- AICTE Saksham Scholarship for Specially-Abled Students (Diploma)
- UGC National Scholarship for Post Graduate Studies
- Ishan Uday Special Scholarship Scheme for North Eastern Region
- National Means-cum-Merit Scholarship Scheme (NMMSS) for Class 9-12
- Financial Assistance for Education to wards of Beedi, Cine, Iron/Manganese/Chrome Ore, Limestone/Dolomite and Mica workers
- National Scholarship for Higher Education of ST Students (Ministry of Tribal Affairs)
- PM-USP Central Sector Scheme of Scholarship for College and University Students (CSSS)
- Ambedkar Overseas Vidya Nidhi (SC students)
- Ambedkar Overseas Vidya Nidhi (ST students)
- Chief Minister's Overseas Scholarship Scheme (Minorities)
- Mahatma Jyothiba Phule Overseas Vidya Nidhi (BC and EBC students)
- Namo Lakshmi Yojana
- Vidyasiri Food and Accommodation Scholarship
Similar programmes
Ambedkar Overseas Vidya Nidhi (SC students)
Telangana SC Development Department
Ambedkar Overseas Vidya Nidhi (ST students)
Telangana Tribal Welfare Department
Chief Minister's Overseas Scholarship Scheme (Minorities)
Telangana Minorities Welfare Department
Mahatma Jyothiba Phule Overseas Vidya Nidhi (BC and EBC students)
Telangana BC Welfare Department
Central Sector Interest Subsidy on education loans (CSIS)
Ministry of Education (through Canara Bank as nodal bank)
PM-USP Central Sector Scheme of Scholarship for College and University Students (CSSS)
Department of Higher Education, Ministry of Education, Government of India