Vidya Lakshmi Portal

Vidyalakshmi Portal

What to study?

For Prelims and Mains: Significance and key features of the portal.

Context: As part of its digital initiative, Karnataka Bank has integrated its education loan scheme/s with Vidya Lakshmi Portal of Government of India.

About Vidyalakshmi Portal:

Vidya Lakshmi is a first of its kind portal for students seeking Education Loan.

This portal has been developed under the guidance of Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA).
The portal has been developed and being maintained by NSDL e-Governance Infrastructure Limited.
Students can view, apply and track the education loan applications to banks anytime, anywhere by accessing the portal. The portal also provides linkages to National Scholarship Portal.

Sources: the hindu.