Education Loan
CGC Mohali (Jhanjeri) 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 Mohali (Jhanjeri) 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.
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Bihar Student Credit Card Scheme
CGC Mohali (Jhanjeri) supports students from Bihar through the Bihar Student Credit Card Scheme, an initiative by the Government of Bihar to promote higher education.
Under this scheme, students can avail up to ₹4 lakhs in financial assistance for pursuing technical, professional, and general courses.
Eligibility
- Loan up to ₹4,00,000 at nominal interest rates.
- The Bihar Student Credit Card is only available for residents of Bihar.
- Easy repayment terms after course completion.
- Applicable for various UG and PG programs at CGC Jhanjeri.
West Bengal Student Credit Card Scheme
Students from West Bengal can also avail financial support through the West Bengal Student Credit Card Scheme, launched by the Government of West Bengal to promote higher education and skill development.
This scheme is applicable for students who wish to pursue their higher education at reputed institutions across India, including Chandigarh Group of Colleges, Mohali (Jhanjeri).
Eligibility
- Resident of West Bengal for at least 10 years.
- Age limit: Up to 40 years.
- Must be pursuing or planning to pursue UG/PG studies.
- Enrolled in a recognized institution in India or abroad.
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 Mohali (Jhanjeri) 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 Mohali (Jhanjeri) will not be held liable or responsible in this matter.
Education Loan Partners



North India's Fastest- Growing Institute – CGC Mohali (Jhanjeri)
With world-class labs, smart classrooms, and a resource-rich library, CGC Mohali (Jhanjeri) is redefining education by promoting creativity and experiential learning to fuel unparalleled growth, preparing students with industry-specific skills and limitless opportunities.
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