The commencement of this pioneer institution took place through the efforts of geography lecturer, (Forbs Inter College, Reedganj, Faizabad) Sri Mahadev Prasad Verma (Srivastava) on June 28, 1932 at the residence of Babu Triloki Nath Srivastava, Leader, Dilkusha (at present-Dhara Road, Faizabad). The first meeting was held in the guidance of Sri N. N. Dutta.
The nomination of the college was on the name of goddess of knowledge mother Veenavadini Saraswati and the college came into existence on July 4, 1993 from the class III. The first student of the college was Ganesh Prasad Srivastava S/o Shri Hathai Prasad R/o Mahajani Tola, Faizabad. The first study and teaching in the college began on September 28, 1932 in a proper way at Angooribagh in Raja Sahab, Peerpur Bhawan with the name of Anglo Vernacular Saraswati Vidyalaya.