Vidyalakshmi Portal EducationLoan: Process, Schemes, Issues

Vidyalakshmi Portal EducationLoan: Process, Schemes, Issues


Event Description

The Vidyalakshmi portal has been a boon to the students of our country. However, many of them are unaware of the exact loan application process. So this 27th episode of Loanflix is going to help you understand how you can apply for an education loan through the Vidyalakshmi education portal, what are the things that you need to take care of while applying, etc.

Loanflix is the most comprehensive web-series on abroad education loans. The motive is to empower students and their guardians so that they can take an informed decision about the education loan

The following points are covered in this 27th Loanflix episode:

What is Vidyalakshmi Portal For Education Loan?

Were you aware that most students confuse the Vidyalakshmi education portal for an education loan scheme? Hence, our education loan expert and the speaker for this 27th episode, Ms. Damini Mahajan will be explaining the purpose behind this online education loan portal at the beginning of this episode.

What was the purpose behind starting the Vidyalakshmi Education Loan Portal?

Did you know that the Vidyalakshmi portal contains information about 96 different education loan schemes from 36 different banks? And have you ever wondered why this initiative was started by the government? In this part of the episode, our speaker, Damini gives you a little explanation on the government’s aim behind launching this Vidyalakshmi student loan portal.

What Are the Do’s and Don’ts of filling a Vidyalakshmi Portal Form?

Our expert, Damini, tells you all about some of the common mistakes made by loan applicants while filling out the Vidyalakshmi portal form. Did you know that once your education loan application has been finally submitted on the Vidyalakshmi education loan portal, it is next to impossible to edit the details of your form? There are many other facts that you need to know before you begin your education loan application process through the Vidyalakshmi Education loan portal. Those will be explained in this part of the 27th episode.

An Alternate Method to the Vidyalakshmi Portal for Education Loans

Did you know that you can apply for education loans with three different banks at a time on the Vidyalakshmi Portal? And that if you happen to change your mind regarding the education loan scheme or the bank chosen by you for education loan, it is impossible once you have submitted your Vidyalakshmi portal form? But do not worry, there is an alternative solution that will help you get your education loans quicker and in a more hassle-free way? Watch out for this part of the episode to know more on that.

Will applying through the Vidyalakshmi portal for education loans enable you to get your education loan faster?

Get to know the answer to the above question when you reach this portion of the 27th episode.

How to Create, Fill and submit your education loan application form on the Vidyalakshmi Portal?

Last but not least, our speaker for this episode, explains the entire process of applying for an education loan through the Vidyalakshmi portal. Right from creating a Vidyalakshmi portal student login, to applying for various schemes and finally, submitting your Vidyalakshmi portal form for an education loan through the Vidyalakshmi portal, everything is explained in detail towards the concluding portion of this episode.

If you feel that the information relayed by this 27th episode was helpful to you, do not hesitate to subscribe for our channel on YouTube and keep checking out this section for more updates regarding future episodes.


Date And Time

Timezone : (GMT+05:30) Chennai



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Damini Mahajan

Damini Mahajan
CoFounder & CEO, WeMakeScholars 

Damini is the Cofounder & CEO of It’s a BITS start up supported and funded under the IT Ministry, Govt. of India. The organisation’s motive is to offer unbiased collateral/non-collateral based education loan support to students who are planning for studying abroad. As this initiative is under the digital India campaign, it's at free of cost. WMS works with 14+ banks (public/pvt) in India and help you get the best edu loan matching your profile.

Prior to launching WeMakeScholars, Damini had done her masters from the University of Sheffield, UK. Her education was funded under the Developing Solutions Masters Scholarship which covered her full tuition fee ($ 38,000). Damini is also a gold medalist in her Bachelors and also won the outstanding student award from the Vice president of India. 

She was the speaker at TiECon 2016 at Silicon valley, San Francisco in the social entrepreneurship segment. She was also covered in the Asian Entrepreneur magazine in the “Women on Top in Tech”, a global series of Women Founders, CEOs & Leaders in Tech. 

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