Introduction
How Much Education Loan Can I Get? Launched by the Government of India, the Vidya Lakshmi Portal is a one-stop platform that connects students with multiple banks for education loan applications. It simplifies the process of comparing, applying, & tracking student loans from both public & private banks through a single digital window.
But a common question among students is: How much education loan can you apply for through the Vidya Lakshmi Portal? The answer depends on several factors, including the course, institution, loan type, & the bank you choose.
Understanding Vidya Lakshmi Portal
- Official site:
- Developed by NSDL e-Gov in collaboration with the Department of Financial Services, Ministry of Education, and Indian Banks' Association (IBA)
- Links you to over 40+ banks, including SBI, PNB, Canara Bank, Bank of Baroda, HDFC Credila, etc.
Loan Limits via Vidya Lakshmi Portal
| Type of Education | Typical Loan Limit (Unsecured) | Loan Limit (With Collateral) |
| Undergraduate (India) | Up to ₹7.5 lakh | ₹10 – ₹20 lakh+ |
| Postgraduate (India) | ₹7.5 lakh – ₹10 lakh | ₹20 lakh+ |
| Abroad (UG/PG) | ₹15 – ₹20 lakh (unsecured with top banks) | ₹40 lakh – ₹1.5 crore (with collateral) |
Note: Loan approvals depend on the student’s course, institution ranking, co-applicant income, and collateral if applicable.
Factors That Influence Loan Amount
- Course and Duration: Engineering, MBA, MBBS, MS, and other high-value programs attract higher loan eligibility.
- Collateral Offered: Loans above ₹7.5 lakh often require property, FD, or other security.
- Student and Co-Applicant Profile: Academic record and guardian’s creditworthiness play a big role.
- Bank Policies: Each participating bank on the portal has its maximum limit and criteria.
Advantages of Applying via Vidya Lakshmi
- Apply to multiple banks using a single Common Education Loan Application Form (CELAF)
- Transparent tracking of loan status
- No need to visit banks physically
- Includes loans under Central Sector Interest Subsidy Scheme (CSIS)
How to Maximize Your Loan Amount
- Choose reputed institutions (IITs/IIMs/foreign universities ranked globally)
- Ensure the co-applicant has a steady income and a good credit score.
- Add collateral to boost your loan eligibility..y
- Apply early in the admission process. s.s
- Keep academic records and offer letters ready for verification.n
Conclusion
In 2025, the How Much Education Loan Can I Get Vidya Lakshmi Portal continues to be a valuable tool for students seeking education loans across India and abroad. While there is no fixed upper cap defined by the portal itself, most banks offer up to ₹7.5 lakh without collateral, and ₹20 lakh to ₹1.5 crore with collateral, depending on the student’s profile and academic path.
Whether you’re pursuing a B.Tech in India or an MS in the U.S., the Vidya Lakshmi platform streamlines the process and connects you with the right lenders.