Education Loan
CGC University, Mohali offers education loans to help students pursue their academic goals without financial constraints. These loans are designed to cover tuition fees, books, accommodation, and other related expenses. With flexible repayment options and competitive interest rates, CGC University, Mohali ensures that students can focus on their studies without worrying about financial burdens.
Additionally, the institution provides guidance and support throughout the loan application process, making it accessible and hassle-free for students aspiring to further their education.
Contact Details:
Varun Deswal
West Bengal Credit Card Scheme at CGC University, Mohali
Thanks to West Bengal Credit Card Scheme at CGC University, Mohali, our students from the West Bengal state can now avail loan worth upto 10 Lakh INR. Available at an original interest rate of 4%, you can also avail 1% concession, if the interest is fully serviced during the study period. Students also don't have to worry about furnishing any collateral whatsoever. Instead, you can seamlessly assign your parents or guardians as co-borrowers. In case that wasn’t enough, the scheme also comes bearing flexible repayment plans, with the said tenure going as high as 15 years.
What Makes WBSCC Special?
- Loans Upto 10 Lakh INR
- Nominal Interest Rate
- Repayment Plans Going till 15 Years
- Covers All Education Avenues After Class 11
- Life Insurance Coverage for Students
- Enhanced Career Opportunities
Apply For Education Loan
Most banks, either State or Central Government, are providing attractive student loan facilities to encourage students to pursue higher education despite their financial shortcomings. Therefore, CGC University, Mohali has set up a dedicated loan assistance cell, the one-stop solution for students to obtain loans from banks with which the college has tie-ups.
Through Vidya Lakshmi Portal
Starting on 1 February 2018, the central government made it mandatory for banks to offer education loans only through the Vidyalakshmi portal. Vidya Lakshmi is an education Loan Portal managed by NSDL e-Governance Infrastructure Limited, Mumbai.
Vidya Lakshmi Portal serves as an online platform enabling students to conveniently explore, compare, and apply for educational loans and scholarships at their convenience, from anywhere and at any time. Not only does the portal facilitate the exploration of student loans, but it also allows students to directly apply for education loans and monitor the application process.
Students must register and log in at https://www.vidyalakshmi.co.in/Students/ and fill up the Common Education Loan Application Form (CELAF) by providing all the necessary details. After filling out the form, the applicant can search for Educational Loan and apply as per his/her needs, eligibility and convenience.
Register on Vidya Lakshmi Portal
Fill up single form
Apply to Multiple Banks
Through Direct Approach In Bank
It is recommended to visit the bank branch where one of the parents holds an account. However, it is the responsibility of the students and their parents/guardians to secure approvals and manage the repayment of the approved loan, along with any associated liabilities and consequences. CGC University, Mohali will not be held liable or responsible in this matter.
Education Loan Partners
Benefits of Education Loan at CGC University, Mohali
With world-class labs, smart classrooms, and a resource-rich library, CGC University, Mohali is redefining education by promoting creativity and experiential learning to fuel unparalleled growth, preparing students with industry-specific skills and limitless opportunities.
To help you effectively utilize this proposition, CGC University, Mohali’s Education Loan facility steps in and provides aspirants with a strong set of benefits spanning:
- Student can avail education loan for all Expenses like Academic fee, Hostel fee, Transport fee
- Minimal documentation and processing time
- Education Loan with Tax Benefit Under Section 80E
- Dedicated team to help to avail education loan till disbursement
- Tie up with Nationalized banks & Private Banks both
Student Stories
CGC University, Mohali has been a life-changing experience for me. The knowledgeable faculty, modern infrastructure, and focus on practical learning helped me grow academically and personally. I gained confidence, skills, and great memories. The supportive environment here shaped me into a better version of myself.
Anmol Bhateja
B.Tech. CSE (Computer Science & Engineering)
The placement support at CGC University, Mohali is exceptional. The training sessions, mock interviews, and career guidance helped me secure my dream job. The faculty's constant encouragement and real-world projects made my learning experience worthwhile. This is the perfect place to build a successful career.
Omm Kumar
B.Tech. CSE (Computer Science & Engineering)
Studying at CGC University, Mohali has been a rewarding journey. The vibrant campus life, expert mentors, and emphasis on holistic development have provided me with unforgettable experiences. CGC University fosters both academic excellence and personal growth, making it a standout choice for aspiring professionals.
Megha Kawatra
B.Tech. CSE (Computer Science & Engineering)