Education Loans 2020

Vidya Lakshmi Portal for Student Education Loans

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. 

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State Bank of India (SBI) Scholar Loan Scheme

State bank Of India (SBI) Manipal branch is the nodal branch for sanction of Education Loans for KMC Manipal (MBBS, MD, MS), KMC Mangalore (MBBS, MD, MS), MCODS Manipal (MDS), MIT Manipal (BTech, MTech, MCA) and MSAP Manipal (BArch, MArch). Please email State Bank of India (SBI) Manipal ( for updated information & any clarifications

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Canara Bank Vidya Turant Scheme

Students studying in various insitutions under MAHE Manipal are eligible for education loans under Vidya Turant Scheme. Please email Canara Bank Manipal ( for updated information & any clarifications

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All students desiring to take education loan need to apply throuh Vidya Lakshmi Portal