Admissions

The PM-Vidyalaxmi Scheme, a Government of India initiative offering collateral-free and guarantor-free education loans is available for all students who are getting admission in IIM Ranchi and who are desirous of availing education loans to pursue their higher education. You can visit the portal https://pmvidyalaxmi.co.in.

The portal does not charge any amount from the applicant. Through the portal, you can:

• Apply to multiple banks for education loan,
• Access collateral-free and guarantor-free education loans,
• Benefit of interest subsidies available to eligible students as per scheme guidelines accessible at https://www.education.gov.inliites/upload_fil.ru.nh.o/fites/document-reports/PM_Vidyalaxmi_S cheme_Guidelines.pdf
• To address queries raised by the students, there is a dedicated Toll-free number 1800-1031.
• Empanelled Banks for Educational Loan to IIM Ranchi Students