Chandigarh University

Chandigarh University holds academic excellence in the bag. Accredited by NAAC with the prestigious A+ Grade in the first cycle itself, Chandigarh University (CU) is an institution committed to excellence in research, innovation, interdisciplinary education and the active promotion of promising young talent. Our NAAC A+ grade is the catalyst to the process of providing the best placement opportunities to students and authenticates what we say.

Being a New-Age Global University, Chandigarh University (CU) understands the importance of the rapid shift in the global market and thus, has created an inspiring pedagogy fulfilling the student aspirations and industry requisites. The university ensures excellence through a flexible and interdisciplinary academic model matching the international standards. Renowned academicians from national & international education institutes and leading corporate keep our courses contemporary, relevant and open ample job opportunities.

Education Loan Assistance for CU Student

Chandigarh University aims to support deserving/meritorious students in availing financial assistance for pursuing their higher education. In order to encourage students to take up higher education despite their financial shortcomings, nowadays, most banks, whether State or Centre Government are providing attractive loan facility to students.

We believe that talent deserves to be supported. Chandigarh University has set up a separate loan assistance cell to enable the students, at the time of admission (Online or Offline) to obtain loans from banks with which the university has tie-ups.

Vidya Lakshmi is the gateway to Education Loans

Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. It has been developed under the guidance of the Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA). The portal has been developed and being maintained by NSDL e-Governance Infrastructure Limited. Students can view, apply and track the education loan applications to banks anytime, anywhere by accessing the portal.

Government-run education loan portal Vidya Lakshmi is a single platform where students can avail information on loans offered by 34 banks. Following the IBA guidelines, the portal is operating under the aegis of the Department of Financial Services, Department of Higher Education and Indian Banks Association (IBA). CU students must register and login 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 the form, the applicant can search for Educational Loan and APPLY as per his/her needs, eligibility and convenience.

Just by filling up a single common education loan application form, students can apply to 3 banks of his/her choice at one time. The online process of getting an Education loan through Vidya Lakshmi has reduced the burden and hassle of applying for the loan manually. The student can also send any grievances directly to the bank to which he/she has applied.

Documents required to avail Education Loan

From Applicant Side

  1. KYC (Aadhaar Card/ Voter Card/ Driving License/ Passport)
  2. 2 Recent Passport Size Photographs
  3. Mark Sheets/Passing Certificates of 10TH, 12TH/Diploma & Degree
  4. PAN Card
  5. Vidyalakshmi Registration ID

From Chandigarh University Side

  1. Admission Offer Letter
  2. Full Fee Structure of the Chosen Course
  3. Prospectus of the University
  4. Courses (Fee Payments Slips/ Registration Slip)
  5. Placement Record (previous year)
  6. UGC/AICTE Affiliation Letter/ Other Affiliation for Particular Courses

From Parents/ Guarantor Side

  1. KYC (Aadhaar Card/ Voter card/ Driving License/ Passport)
  2. 2 Recent Passport Size Photographs
  3. PAN Card
  4. Last 6-month bank account statement
  5. IT returns/ IT assessment order of previous 2 years/ Form no 16/16A/Salary Slip or Income Proof issued by Magistrate/Tehsildar
  6. A brief statement of assets & liabilities of co-borrower/ guarantor

Procedure to apply for education loan after registration at Chandigarh University.

Login CUIMS with your admission number and password.

  1. Apply for loan documents
  2. Fill the details and submit application
  3. After submission you have to wait for 24 HRS.

After submission you have to wait for 24 HRS. Chandigarh University provides you all documents which is required by the bank like: Admission cum Selection Letter, Fee Structure, Bank Account Details for transaction, Placement Record, Recognitions & Approval Certificate.

Click here to obtain Loan Documents

How to sign up Vidyalakshmi?

Click on https://www.vidyalakshmi.co.in/Students

  1. 1. Register Now
  2. 2. Fill up loan application form
  3. 3. Apply to multiple banks


Student Information

Welcome to Vidyalakshmi Portal!

Vidyalakshmi Portal provides single window for Students to access information about various loan schemes provided by banks and make applications for Educational Loans.

If you want to apply for education loan on Vidyalakshmi portal, you must register on portal. Please provide essential details as mentioned in registration form.

Important Instructions

  1. Please ensure that the registration details filled in are correct
  2. Please enter password in required format

Guidelines for Registering on Vidyalakshmi Portal

  1. Name- Please enter student name as per 10th class mark sheet or as per the mark sheet attached with your loan application
  2. Mobile Number- Enter a valid mobile number. Student can provide mobile number of parent/guardian
  3. Email ID- Enter a valid email ID. Email ID will not be allowed to change. All necessary communications will be sent on this email ID.


  1. Login as STUDENT LOGIN at Vidyalakshmi with registered Email ID & Password.
  2. Fill Personal Information
  3. Fill Present Banker Details, Search Bank with IFSC code and submit.
  4. Fill Course details. Select Merit, Duration of Course, Press Next Button.
  5. Fill Cost of Finance Details and press next button.
  6. Upload documents that you have and read instruction to submit application.
  7. Select bank out of all available banks in your region by click on Apply button.
  8. You can apply to maximum 3 banks and for only one scheme of the bank.
  9. Go to application status and note down Application ID.

This Application ID is known by Vidyalakshmi Registration ID

  1. Take color print of all documents and ready your education loan file according to check list.
  2. Visit registered Bank Branch which is selected by user in Vidyalakshmi portal with parents.
  3. Submit education loan file at the Bank and wait for further direction.
  4. Fill Loan application form at Bank Branch and complete all formalities assigned by bank’s officials.
  5. Collect contact number and email id from the bank branch for future reference.
  6. Share these details with us on email-id edu.loan@cumail.in once all process initiated.

  1. Follow ups by Chandigarh University’s Education Loan Department regarding processing & sanctioning of education loan.
  2. Submit Sanctioned letter with stamp and sign. Which show Sanctioned amount, Margin Money, Covering Hostel/ Transport Charges, Interest Charged to edu.loan@cumail.in and upload it on CUIMS education loan status.
  3. Details of transaction made by bank to Chandigarh University’s Bank Account after every transaction to Accounts@cumail.in & edu.loan@cumail.in.
  4. Chandigarh University Provides student's progress report and demand letter to respective Bank in every semester on demand.

Frequently asked questions (FAQs)


Education Loan from Punjab National Bank relieved my parent's financial burden every semester, and I can also help my parents paying my graduation fee after the completion of my degree.

Onam Khurma

B Arch

The separate department of educational loans for students provide guidance and support to the students. To pursue my course, I took an education loan, in which Chandigarh University guided and supported me. My experience has always been good, as it has a very systematic and sorted procedure to get loan in minimum time with maximum benefits.

Simran Deo


I am very thankful to Chandigarh University to speed up the education loan process in IDBI BANK. I appreciate the speedy procedure for loan approval and every step is taken on merit.

Shivam Raj

B Arch

If you are dreaming to step into your dream college in a different part of the world then surely you should be working hard for it, one big constraint in between you and the dream college might be the tuition fee, and education loan reduce the strain on your family. It also helped me to fulfil my dreams without any hassle to get money. Thank you, Chandigarh University.



Help Desk Education Loan

Education Loan Help Desk,
Admission Department, Block-09,
Chandigarh University,
Gharuan, Mohali, Punjab, Pin Code-140413
Contact Number: +91-8146651561
Email Id: edu.loan@cumail.in

Download E-Brochure for Education Loan

Education Loan Brochure  icon

Name of the banks tie-up with Chandigarh University & Scheme offered.