Bank of Baroda goes live with PM-Vidyalaxmi Scheme

Bank of Baroda has initiated the Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to offer financial support to meritorious students pursuing higher education. Students can apply digitally for collateral-free and guarantor-free education loans through the PM-Vidyalaxmi portal. The scheme also includes partial/full interest subvention for students from low-income families. Bank of Baroda has implemented this scheme digitally across its wide network.