{"id":7530,"date":"2023-10-07T19:08:48","date_gmt":"2023-10-07T13:38:48","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=7530"},"modified":"2023-10-07T19:20:41","modified_gmt":"2023-10-07T13:50:41","slug":"vidya-laxmi-portal-uco-bank-education-loan","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/","title":{"rendered":"Vidya Laxmi Portal UCO Bank Education Loan &#8211; A Complete Guide&nbsp;"},"content":{"rendered":"\n<p><strong>Vidya Laxmi Portal UCO Bank Education Loan:<\/strong> Vidya Lakshmi portal provides a single window where students who are planning to apply for an education loan can go through the various loan schemes offered by the banks, compare them and choose the best option. One of the banks that offers education loans on the Vidya Lakshmi portal is UCO Bank. Students can take this loan to pursue their higher education either in India or abroad.&nbsp;<\/p>\n\n\n\n<p>In this blog, we will cover all the important information related to the Vidya Lakshmi portal <a href=\"https:\/\/fly.finance\/blog\/education-loan\/uco-bank-education-loan\/\"><strong>UCO Bank education loan<\/strong><\/a>. Keep reading further to know more!<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Portal<\/strong>&nbsp;<\/td><td>Vidya Lakshmi Portal&nbsp;<\/td><\/tr><tr><td><strong>Lender<\/strong>&nbsp;<\/td><td>UCO Bank&nbsp;<\/td><\/tr><tr><td><strong>Education loan schemes&nbsp;<\/strong><\/td><td>UCO-Education Loan, UCO Premier Education Loan Scheme, UCO Super Premier Education Loan Scheme and UCO Aspire.<\/td><\/tr><tr><td><strong>Mode of Application&nbsp;<\/strong><\/td><td>Online&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-major-features-of-vidya-laxmi-portal-uco-bank-education-loan\" data-level=\"2\">Major Features of Vidya Laxmi Portal UCO Bank Education Loan\u00a0<\/a><\/li><li><a href=\"#h-how-to-apply-online-for-vidya-lakshmi-portal-uco-bank-education-loan\" data-level=\"2\">How to Apply Online for Vidya Lakshmi Portal UCO Bank Education Loan?<\/a><\/li><li><a href=\"#h-vidya-lakshmi-portal-uco-bank-education-loan-eligibility-criteria\" data-level=\"2\">Vidya Lakshmi Portal UCO Bank Education Loan Eligibility Criteria\u00a0<\/a><\/li><li><a href=\"#h-documents-required\" data-level=\"2\">Documents Required\u00a0<\/a><\/li><li><a href=\"#h-expenses-covered-under-vidya-lakshmi-uco-bank-education-loan\" data-level=\"2\">Expenses Covered Under Vidya Lakshmi UCO Bank Education Loan\u00a0<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-lakshmi-education-loan-interest-rate\/\"><strong>Vidya Lakshmi Education Loan Interest Rate&nbsp;<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-major-features-of-vidya-laxmi-portal-uco-bank-education-loan\"><span id=\"major-features-of-vidya-laxmi-portal-uco-bank-education-loan\">Major Features of Vidya Laxmi Portal UCO Bank Education Loan&nbsp;<\/span><\/h2>\n\n\n\n<p>The table below entails the features of two education loan schemes offered by the UCO Bank &#8211; the UCO Bank Education Loan and the UCO Premier Education Loan Scheme.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Particulars&nbsp;<\/strong><\/td><td><strong>UCO Premier Education Loan Scheme&nbsp;<\/strong><\/td><td><strong>UCO Bank Education Loan&nbsp;<\/strong><\/td><\/tr><tr><td>Loan amount&nbsp;<\/td><td>Maximum loan amount Rs. 30 lacs (inclusive of group credit life insurance premium) subject to ceilings for different categories of Institutes.&nbsp;<\/td><td>Rs.10 lakh for studies in India<br>Rs.20 lakh for studies abroad<\/td><\/tr><tr><td>Interest rate&nbsp;<\/td><td>One year MCLR + 1.15 i.e. Present 9.75%.<br><br><\/td><td>Upto Rs.7.50 lacs: Base Rate + 2.50% i.e. 12.20% p.a.(9.70+2.50).<br>Above Rs.7.50 lacs: Base Rate + 2.25% i.e. 11.95% p.a.(9.70+2.25).<\/td><\/tr><tr><td>Processing fee&nbsp;<\/td><td>No<\/td><td>No<\/td><\/tr><tr><td>Repayment of Loan&nbsp;<\/td><td>Up to 15 years&nbsp;<\/td><td>Up to 15 years&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-apply-online-for-vidya-lakshmi-portal-uco-bank-education-loan\"><span id=\"how-to-apply-online-for-vidya-lakshmi-portal-uco-bank-education-loan\">How to Apply Online for Vidya Lakshmi Portal UCO Bank Education Loan?<\/span><\/h2>\n\n\n\n<p>To apply online for a Vidya Laxmi Portal UCO Bank Education Loan you need to follow the steps mentioned below:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the official website of the Vidya Lakshmi portal and navigate the homepage to find the registration option. After this register on the portal by creating the username and password.<\/li>\n\n\n\n<li>A registration email will be sent to the applicant\u2019s email ID. The applicant needs to confirm it.<\/li>\n\n\n\n<li>Upon registering successfully you can log in to the portal using your credentials.&nbsp;<\/li>\n\n\n\n<li>The log-in session is 10 minutes which means you need to complete the application process speedily yet carefully.&nbsp;<\/li>\n\n\n\n<li>Click on the option \u2018search and apply for the loan scheme\u2019. As you will be applying for a UCO Bank education loan, create the filter for the UCO Bank and then proceed to choose the loan scheme of your choice offered by UCO Bank.&nbsp;<\/li>\n\n\n\n<li>Click on the \u2018Apply Now\u2019 button and fill out the application form with all the required details.&nbsp;<\/li>\n\n\n\n<li>In the following days keep tracking your application status in order to stay updated on the whole process.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-lakshmi-education-loan-bank-of-baroda\/\"><strong>Vidya Lakshmi Education Loan Bank of Baroda&nbsp;<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vidya-lakshmi-portal-uco-bank-education-loan-eligibility-criteria\"><span id=\"vidya-lakshmi-portal-uco-bank-education-loan-eligibility-criteria\">Vidya Lakshmi Portal UCO Bank Education Loan Eligibility Criteria&nbsp;<\/span><\/h2>\n\n\n\n<p>The candidate needs to fulfil the following eligibility criteria to apply for a UCO Bank education loan:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The candidate should be an Indian citizen.<\/li>\n\n\n\n<li>The candidate should have completed their 10+2 or equivalent with the necessary grades.&nbsp;<\/li>\n\n\n\n<li>The age limit in case the candidate is planning to pursue a graduation course is:\n<ul class=\"wp-block-list\">\n<li>General &#8211; 28 years\u00a0<\/li>\n\n\n\n<li>SC\/ST candidates &#8211; 33 years\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The age limit in case the candidate is planning to pursue a post-graduation course is-\n<ul class=\"wp-block-list\">\n<li>General &#8211; 30 years\u00a0<\/li>\n\n\n\n<li>SC\/ST candidates &#8211; 33 years\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The applicant should have been admitted to a university in India or abroad.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-documents-required\"><span id=\"documents-required\">Documents Required&nbsp;<\/span><\/h2>\n\n\n\n<p>Before filling out the application form, it is advisable that students keep all the required documents handy. Therefore, we have mentioned below the documents which need to be submitted with the application form:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Proof of income of parent\/guardian&nbsp;<\/li>\n\n\n\n<li>Admission Letter to the university\/college&nbsp;<\/li>\n\n\n\n<li>Copy of Identity proof such as passport, PAN card, etc<\/li>\n\n\n\n<li>Filled out the application form<\/li>\n\n\n\n<li>Two passport-size photographs of the applicant, co-applicant and guarantor&nbsp;<\/li>\n\n\n\n<li>Expenses schedule for upcoming course&nbsp;<\/li>\n\n\n\n<li>Marksheet of recent qualifying examination results<\/li>\n\n\n\n<li>Copy of visa and passport&nbsp;<\/li>\n\n\n\n<li>The bank account statement of the applicant\/co-applicant and guarantor for the last 6 months<\/li>\n\n\n\n<li>A brief statement of assets and liabilities of the parent\/guardian&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Must Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/canara-bank-vidya-lakshmi-education-loan\/\"><strong>Canara Bank Vidya Lakshmi Education Loan: Important Details<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expenses-covered-under-vidya-lakshmi-uco-bank-education-loan\"><span id=\"expenses-covered-under-vidya-lakshmi-uco-bank-education-loan\">Expenses Covered Under Vidya Lakshmi UCO Bank Education Loan&nbsp;<\/span><\/h2>\n\n\n\n<p>Mentioned below is the list of expenses covered under the UCO Bank education loan:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition fee&nbsp;<\/li>\n\n\n\n<li>Library fee&nbsp;<\/li>\n\n\n\n<li>Accommodation fee&nbsp;<\/li>\n\n\n\n<li>Examination fee&nbsp;<\/li>\n\n\n\n<li>Laboratory fee&nbsp;<\/li>\n\n\n\n<li>Cost of equipment, instruments, uniform or books.<\/li>\n\n\n\n<li>If necessary, the cost of a laptop or computer<\/li>\n\n\n\n<li>Miscellaneous expenses such as project work, etc.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1696683471871\"><strong class=\"schema-faq-question\"><strong>What is the amount of Vidya Lakshmi&#8217;s education loan subsidy?<\/strong><\/strong> <p class=\"schema-faq-answer\">Irrespective of the loan amount sanctioned the maximum amount of subsidy available is INR 7.50 Lakh.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1696683486981\"><strong class=\"schema-faq-question\"><strong>How can an education loan be rejected?<\/strong><\/strong> <p class=\"schema-faq-answer\">Education loans can be rejected due to various reasons, some of which are mentioned below:\u00a0<br\/>-Unacceptable collateral type\u00a0<br\/>-Low CIBIL score\u00a0<br\/>-Unacceptable collateral value\u00a0<br\/>-Poor academic performance\u00a0<br\/>-Incomplete documentation\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1696683487721\"><strong class=\"schema-faq-question\"><strong>What is the process of the Vidya Lakshmi loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">Firstly you need to register on the Vidya Lakshmi portal and then log in using your credentials. After that start searching for the student loan that best suits your need. Once you select the education loan suitable for you simply fill out the CELAF (Common Education Loan Application Form) available on the portal.\u00a0<\/p> <\/div> <\/div>\n\n\n\n<p>This was everything about the Vidya Lakshmi portal UCO Bank education loan scheme.&nbsp;<\/p>\n\n\n\n<p>To know more about an education loan, the best <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>international bank accounts for students<\/strong><\/a>, forex and banking experience for global students, or <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/\"><strong>international money transfers<\/strong><\/a>, reach out to our experts at 1800572126 to help ease your <a href=\"https:\/\/leverageedu.com\/\"><strong>study abroad<\/strong><\/a> experience. Follow our social media handles on <a href=\"https:\/\/twitter.com\/flydotfinance\"><strong>Twitter<\/strong><\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/flyfinance\/\"><strong>LinkedIn<\/strong><\/a> and <a href=\"https:\/\/instagram.com\/flydotfinance\"><strong>Instagram<\/strong><\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vidya Laxmi Portal UCO Bank Education Loan: Vidya Lakshmi portal provides a single window where students who are planning to apply for an education loan can go through the various loan schemes offered by the banks, compare them and choose the best option. One of the banks that offers education loans on the Vidya Lakshmi &#8230; <a title=\"Vidya Laxmi Portal UCO Bank Education Loan &#8211; A Complete Guide&nbsp;\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/\" aria-label=\"Read more about Vidya Laxmi Portal UCO Bank Education Loan &#8211; A Complete Guide&nbsp;\">Read more<\/a><\/p>\n","protected":false},"author":7,"featured_media":7536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-7530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vidya Laxmi Portal UCO Bank Education Loan - A Complete Guide&nbsp;<\/title>\n<meta name=\"description\" content=\"Go through this blog and check all the necessary information about the Vidya Lakshmi portal UCO Bank education loan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vidya Laxmi Portal UCO Bank Education Loan - A Complete Guide&nbsp;\" \/>\n<meta property=\"og:description\" content=\"Go through this blog and check all the necessary information about the Vidya Lakshmi portal UCO Bank education loan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-07T13:38:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-07T13:50:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flyblog.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Prachi Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prachi Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Vidya Laxmi Portal UCO Bank Education Loan - A Complete Guide&nbsp;","description":"Go through this blog and check all the necessary information about the Vidya Lakshmi portal UCO Bank education loan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/","og_locale":"en_US","og_type":"article","og_title":"Vidya Laxmi Portal UCO Bank Education Loan - A Complete Guide&nbsp;","og_description":"Go through this blog and check all the necessary information about the Vidya Lakshmi portal UCO Bank education loan.","og_url":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/","og_site_name":"Fly Finance","article_published_time":"2023-10-07T13:38:48+00:00","article_modified_time":"2023-10-07T13:50:41+00:00","og_image":[{"width":1024,"height":640,"url":"https:\/\/flyblog.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png","type":"image\/png"}],"author":"Prachi Gupta","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Prachi Gupta","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#article","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/"},"author":{"name":"Prachi Gupta","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/d322f6a199dcc3c67065c137f5bc03a4"},"headline":"Vidya Laxmi Portal UCO Bank Education Loan &#8211; A Complete Guide&nbsp;","datePublished":"2023-10-07T13:38:48+00:00","dateModified":"2023-10-07T13:50:41+00:00","mainEntityOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/"},"wordCount":1032,"commentCount":0,"publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png","articleSection":["Education Loan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#respond"]}],"accessibilityFeature":["tableOfContents"]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/","url":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/","name":"Vidya Laxmi Portal UCO Bank Education Loan - A Complete Guide&nbsp;","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#primaryimage"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png","datePublished":"2023-10-07T13:38:48+00:00","dateModified":"2023-10-07T13:50:41+00:00","description":"Go through this blog and check all the necessary information about the Vidya Lakshmi portal UCO Bank education loan.","breadcrumb":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683471871"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683486981"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683487721"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#primaryimage","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/10\/07190821\/Vidya-Laxmi-Portal-UCO-Bank-Education-Loan.png","width":1024,"height":640,"caption":"Vidya Laxmi Portal UCO Bank Education Loan"},{"@type":"BreadcrumbList","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fly.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Education Loan","item":"https:\/\/fly.finance\/blog\/category\/education-loan\/"},{"@type":"ListItem","position":3,"name":"Vidya Laxmi Portal UCO Bank Education Loan &#8211; A Complete Guide&nbsp;"}]},{"@type":"WebSite","@id":"https:\/\/fly.finance\/blog\/#website","url":"https:\/\/fly.finance\/blog\/","name":"Fly Finance","description":"Explore blogs related to Education Loan, Student Bank Account, International Money Transfer, Scholarships along with latest news at Fly Finance.","publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fly.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fly.finance\/blog\/#organization","name":"Fly Finance","url":"https:\/\/fly.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","width":1080,"height":1080,"caption":"Fly Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/d322f6a199dcc3c67065c137f5bc03a4","name":"Prachi Gupta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/bf5aa6f6d3dab740783ceeee322200dbeeb344403980fd951373ce6c4fcf9ad9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/bf5aa6f6d3dab740783ceeee322200dbeeb344403980fd951373ce6c4fcf9ad9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bf5aa6f6d3dab740783ceeee322200dbeeb344403980fd951373ce6c4fcf9ad9?s=96&d=mm&r=g","caption":"Prachi Gupta"},"description":"Prachi is a SEO content writer who have written many well researched blogs in the field of Finance and Education loans. Through her critical thinking and problem solving skills she strives to help students so that they can overcome financial hurdles in their education journey. She comes up with creative answers for students looking for financial aid by fusing her in-depth financial expertise with her compassionate attitude. She is a sought-after expert in the sector due to her dedication to demystifying complicated financial topics. Numerous students have received the advice they require from her articles and thorough guides, enabling them to overcome financial obstacles and realise their educational aspirations.","url":"https:\/\/fly.finance\/blog\/author\/prachi\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683471871","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683471871","name":"What is the amount of Vidya Lakshmi's education loan subsidy?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Irrespective of the loan amount sanctioned the maximum amount of subsidy available is INR 7.50 Lakh.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683486981","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683486981","name":"How can an education loan be rejected?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Education loans can be rejected due to various reasons, some of which are mentioned below:\u00a0<br\/>-Unacceptable collateral type\u00a0<br\/>-Low CIBIL score\u00a0<br\/>-Unacceptable collateral value\u00a0<br\/>-Poor academic performance\u00a0<br\/>-Incomplete documentation\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683487721","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/vidya-laxmi-portal-uco-bank-education-loan\/#faq-question-1696683487721","name":"What is the process of the Vidya Lakshmi loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Firstly you need to register on the Vidya Lakshmi portal and then log in using your credentials. After that start searching for the student loan that best suits your need. Once you select the education loan suitable for you simply fill out the CELAF (Common Education Loan Application Form) available on the portal.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=7530"}],"version-history":[{"count":3,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7530\/revisions"}],"predecessor-version":[{"id":7541,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/7530\/revisions\/7541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/7536"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=7530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=7530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=7530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}