The PM-Vidyalaxmi Scheme is a Government of India initiative designed to support meritorious students admitted to top institutions across the country. Covering 900+ Quality Higher Education Institutions (QHEIs), the scheme offers collateral-free and guarantor-free education loans.

Institutions Covered Under PM-Vidyalaxmi Scheme

1. Top 100 NIRF Ranked Institutions

Includes top engineering, management, medical and technical institutes ranked under the National Institutional Ranking Framework (NIRF).

2. Central Government Institutions

• Indian Institutes of Technology (IITs)
• Indian Institutes of Management (IIMs)
• National Institutes of Technology (NITs)
• Central Universities

3. AIIMS Campuses

All major AIIMS campuses including Delhi, Guwahati, Patna, Raipur, Bhopal and Rishikesh are covered.

4. Leading Private & Technical Universities

• Amity University (Haryana)
• Anurag University
• Avinashilingam Institute for Home Science
• B.S. Abdur Rahman Crescent Institute
• Banasthali Vidyapith
• Birla Institute of Technology
• C.V. Raman Global University
• Krishna Institute of Pharmacy
• Amrita School of Medicine (Faridabad)

Key Features of PM-Vidyalaxmi Scheme

• Full Tuition Fee Coverage
• 75% Government Credit Guarantee for loans up to ₹7.5 lakh
• 3% Interest Subvention on loans up to ₹10 lakh
• Applicable for families earning up to ₹8 lakh annually

Why This Scheme Matters

Education costs are rising rapidly. The PM-Vidyalaxmi Scheme ensures that no deserving student misses out on opportunities at premier institutions due to financial limitations.