State Bank of India
Education Loan
SBI PM-Vidyalaxmi Scheme
6.90%–8.40% p.a.Interest Rate
—Loan Amount
—Tenure
—Processing Fee
Bank / LenderState Bank of India
Product TypeEducation Loan
Interest Rate6.90%–8.40% p.a.
Loan Amount—
Tenure—
Processing Fee—
EligibilityStudents meeting Government/SBI PM-Vidyalaxmi eligibility and institution criteria.
Key Benefits
PM-Vidyalaxmi variants include Utkarsh, Uttam and Uday with scheme-specific rates.
Eligibility
Students meeting Government/SBI PM-Vidyalaxmi eligibility and institution criteria.
How to Apply
SBI education-loan portal.
Frequently Asked Questions
What are the PM-Vidyalaxmi rates shown by SBI?
SBI lists PMVL-Utkarsh at 6.90%, PMVL-Uttam at 7.20% and PMVL-Uday at 8.40%.
Source: Official lender website · Last verified 2026-08-31