Central Bank of India Cent Gyan Jyoti (विद्या लक्ष्मी पोर्टल)
Vidya Lakshmi registered education loan by Central Bank of India Cent Gyan Jyoti providing transparent, collateral-free credit up to ₹7.5 Lakh under IBA guidelines.
📋पात्रता मानदंड एवं मार्जिन मनी (Eligibility & Margin Rules)
पात्रता की शर्तें
Indian national who has secured admission to higher professional, technical or degree courses through entrance test or merit selection in recognized institutions.
मार्जिन मनी आवश्यकता
5% domestic; 15% abroad.
जमानत / कोलेटरल आवश्यकता (Collateral Requirement)
Nil up to ₹7.5 Lakh; Property mortgage for amounts > ₹7.5 Lakh.
विशेष सरकारी ब्याज सब्सिडी (CSIS / सरकारी लाभ)
Eligible for CSIS (100% interest subsidy for family income < ₹4.5 Lakh) and PM-Vidyalaxmi 3% subvention.
📂खर्चे एवं आवश्यक दस्तावेज (Expenses Covered & Documents)
कवर किए जाने वाले शैक्षणिक खर्चे
Tuition fees, hostel and mess charges, examination/library/laboratory fees, books, equipment, computer/laptop, study tours.
आवेदन हेतु आवश्यक दस्तावेज
CELAF form via vidyalakshmi.co.in, admission letter, fee structure, academic marksheets, KYC of student and parent, 2-year ITR or Form 16, 6-month bank statements.
⚠️क्या कमी है / महत्वपूर्ण चेतावनियां (Honest Disclosures & Caveats)
Parent or guardian mandatory as joint co-borrower; CIBIL score checks apply to parent; interest during moratorium accumulates into principal if unserviced; disbursement is made directly to institute semester-wise upon satisfactory progress.
🚀आवेदन प्रक्रिया (Official Application Process)
1. Log in to vidyalakshmi.co.in. 2. Fill CELAF and choose 'Central Bank of India Cent Gyan Jyoti'. 3. Upload academic marksheets, admission letter, and parent income documents. 4. Submit online and track loan application status. 5. Visit nearest bank branch with original documents for document verification and sanction.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
Is Central Bank of India Cent Gyan Jyoti registered on Vidya Lakshmi portal?
Yes. Central Bank of India Cent Gyan Jyoti is officially integrated with the National Vidya Lakshmi Portal (vidyalakshmi.co.in), allowing students to apply and track their loan status completely online.
Can I receive interest subsidy under CSIS for this loan?
Yes. If your annual parental family income is up to ₹4.50 Lakh and you are enrolled in an approved professional/technical course, you are eligible for 100% Central Sector Interest Subsidy (CSIS) during the moratorium period.
What is the penalty for early repayment or foreclosure?
There is zero prepayment penalty or foreclosure fee on all floating rate education loans as mandated by RBI regulations.