Education Loan Application & Guarantor Declaration
शिक्षा ऋण आवेदन एवं गारंटर घोषणा पत्र
Financial loan for tuition and living expenses for domestic and overseas higher education.
Documents required (आवश्यक दस्तावेज)
- College Offer Letter & Fee Schedule
- 10th, 12th & Degree Marksheets
- Parent/Guarantor ITR (Last 2 years) & Form 16
- Guarantor Bank Statement (Last 6 months)
- Collateral Property Papers (if loan > 7.5 Lakhs)
Key details
- Authority: Commercial Bank / Vidya Lakshmi Portal (MoE)
- Stamp paper / fee: Loan Agreement & Guarantee Deed on State-specific Stamp Paper
- How to submit: Online on Vidya Lakshmi Portal -> Branch Processing
- Processing time: 15–30 Days
- Official portal: https://www.vidyalakshmi.co.in