Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme
✓ Information verified — April 2026PM-Vidyalaxmi Scheme is a central government initiative run by the Ministry of Education to help talented students pursue higher education through education loans. The scheme provides financial assistance up to ₹10,00,000 to meritorious students admitted to recognized colleges and universities across India. This loan-based support aims to make quality higher education accessible to deserving students.
What You Get
- Financial assistance up to ₹10,00,000 for higher education
- Education loan for admission to domestic colleges and universities
- Support for meritorious students pursuing undergraduate and postgraduate courses
- Loan-based financial assistance to reduce education burden on families
Who Can Apply
- Age: 18–23 years
- Must be an Indian citizen
- Should be a meritorious student with good academic performance
- Must have secured admission to a recognized higher education institution in India
- Should meet the merit criteria set by the scheme
- Applicable to both undergraduate and postgraduate students
Documents Needed
0/8 collected
- 1. Aadhaar Card
- 2. Pan Card
- 3. Birth Certificate
- 4. Class 12 Mark Sheet
- 5. College Admission Letter
- 6. Income Certificate
- 7. Bank Passbook
- 8. Parent Identity Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Central Government
- Ministry
- Ministry of Education
- Category
- Education
- Target Gender
- All genders
- Age Group
- 18–23 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
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