Government Launches the ‘Vidya Lakshmi’ Portal – a one stop shop for information about Educational Loans

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Availing an educational loan is a great difficulty faced by students who wish to pursue their studies. To solve this problem, the government has launched the ‘Vidya Lakshmi’ Portal, a one stop shop for information and application on educational loans extended by various Banks. The portal boasts of a common loan application form for all the banks and computerization of the entire process of loan application.