PM Vidyalaxmi 2026: Eligibility, Benefits & How to Apply

Steps

1. Visit the Official Website of the "Pradhan Mantri Vidyalaxmi (PM-vidyalaxmi) Scheme"
2. In the top ribbon, click "Login" > "Student Login". On the next screen, click "Create an Account", you will be taken to the "Student Registration" page.
3. Student to register through AADHAAR for availing benefits under the PM-Vidyalaxmi Scheme, which includes education loan, interest subvention, and credit guarantee coverage and can apply for Interest Subvention, if eligible.
4. In the registration form, provide the following mandatory details - Applicant Name, Mobile Number, Email ID. Verify the Mobile Number and the Email ID via OTP. Create a password. It must contain at least 8 characters. A combination of uppercase and lowercase letters, numbers and special characters.
5. Confirm the password, fill in the Captcha code, agree to the "Terms & Privacy", and click "Submit" to register. Upon registration, you will receive a confirmation message on SMS/Email/WhatsApp.
6. In the top ribbon, click "Login" > "Student Login". On the next screen, provide your Login Details, i.e. the User ID and the Password. Your Registered Email will be your User ID.
7. Fill in the Captcha code, agree to the "Terms & Privacy", and click "Login". Provide the OTP received on your Mobile Number / Email ID.
8. In the "Student's Homepage", click "Apply for Education Loan", you will be taken to the online application form of the scheme.

Documents

• Aadhaar Card
• PAN Card
• Address Proof
• Previous Qualifying Marksheets (Self-attested)
• Entrance Exam Result
• Offer Letter (from the Institution, along with the fee structure)
• Income Certificate (from the designated public authority of the state)
• If the QHEI has already accepted some of these documents at the time of admission, the student should submit a certificate from the QHEI regarding the same (proforma given in Annexure 6). Only the remaining documents will have to be submitted by the students to the bank/portal.