Government website to help students apply for loans
Many students are looking for an education loan to continue their studies. However, many find it tiring to run around different banks and not have an idea about the various schemes. In order to help students like these, the government has come up with a solution. They launched a common website that students can use to apply for loans in multiple banks.
The website was launched on August 15th. All the student needs to do is fill out a single form and they can apply for educational loans from various banks. The website has been developed and will be maintained by NSDL e-Governance Infrastructure Limited (NSDL e-Gov) under the guidance of Department of Financial Services in the Finance Ministry, Department of Higher Education, Ministry of Human Resource Development and Indian Banks Association (IBA).
Arun Jaitley, Union Finance Minister proposed the plans for such a platform during his budget speech for financial 2015-16. He said that the aim of this is to help the poor and middle-class students pursue higher education of their choice easily. He proposes a fully IT-based Student Financial Aid Authority which will administer and monitor Scholarship as well as Educational Loan Schemes. This will happen under the Pradhan Mantri Vidya Lakshmi Karyakram. 13 banks have already registered 22 education loan schemes on the website.
Image by Pete Linforth from Pixabay (Free for commercial use)
You may also like
Image Reference: https://pixabay.com/illustrations/loans-money-finance-business-710849/
Recent Posts
- House of Murah preserving petals, and preserving memoriesWhat sets House of Murah apart is its emotional value. Every item carries a memory.
- Gold FOFs: A smart move as gold prices soarGold tends to perform well during market uncertainty and inflation.
- Bhaskar: Innovation that glows beyond the gridBhaskar, a solar-powered lantern born in the heart of rural India, is one such innovation.
- House of Murah preserving petals, and preserving memories
What’s new at WeRIndia.com
News from 700+ sources
-
Price Tag Pressure on Rishabh Pant?
-
Eco-anxiety: The New Silent Pandemic
-
Salim: Pahalgam Attack a Planned Massacre, BJP Playing It Communally
-
Pahalgam all-party meet: AsaduddinOwaisi gets call from Home Ministry
-
Assam MLA held after he hints at BJP conspiracy behind Pahalgam attack
-
Israeli airstrike kills at least 44 people in Gaza, hits a police station
-
WeRIndia – A News Aggregator
Visit werindia.com for all types of National | Business | World | Politics | Entertainment | Health related news and much more..
Leave a Reply