📖 Scheme Overview & Key Details
Canara Bank Vidya Turant Higher Education Loan Scheme provides quick financial credit to meritorious students securing admission to top premier educational institutes across India (such as IITs, IIMs, NITs, AIIMS, IISc, and IIITs). The scheme offers collateral-free loans up to ₹50 Lakh covering full course tuition fees, hostel accommodation charges, examination fees, books, and laptop purchases without demanding third-party guarantees or collateral security.
✅ Who Can Apply – Eligibility Criteria
•Indian national students securing admission through merit or entrance exams in notified premier institutions
•Co-borrower (parent or guardian) must possess valid KYC documents
📄 Required Documents – What You Need
📋 How to Apply – Step‑by‑Step Process
Step 1: Apply online via the Vidya Lakshmi Portal (vidyalakshmi.co.in) and select Canara Bank Vidya Turant Scheme.
Step 2: Upload admission confirmation letter, fee details, and co-borrower financial documents.
Step 3: Upon digital sanction, loan funds are directly disbursed to the educational institution's bank account.
📞 Help & Support – Official Contacts
Helpline / Support Office
18001030 / hodits@canarabank.com