CHANDIGARH KARNAL GUWAHATI Sco-223 First Floor, Sector - 36 D, Sco 357, 1st Floor, Mugal Canal, 2nd Floor, Divine Plaza, opposite Chandigarh – 160036 Karnal, 132001 Secretariat, G.S.Road, Guwahati -781006 +91-8146651550 | 99159 99223 +91-9671666126 | 0184-4044148 +91-70871 17946, 3612225363

BATHINDA DELHI KOLKATA 2nd Floor, Inder Singh Tower, Ghore Wala A-208-A, 2nd Floor, North-Ex Mall, Office No.-401, 4th Floor, Matrix Tower, Chowk, Corner of Ajit Road- Bathinda Sector-9, Rohini, Delhi-110085 DN-24, Sector-5, Salt Lake City, Kolkata +91-81466 76296 | 0164-5064526 9650012670 | 011-27550048 +91-9831050902 | 0133-40688105

LUDHIANA JAIPUR INDORE Building number - 17 AX, 2nd Floor, Guru 105, 1st Floor Above SBI Bank No-220, 2nd Floor, A.B. Road, Vijay Nanak Tower, Near Baba Deep Singh Apex Mall, Tonk Road, Jaipur, Rajasthan Nagar Gurudwara, Model Town Extension, +91-7527009620 Orbit Mall, indore Ludhiana +91-9111019091 | 7000472163 +91-81466 51541 | 0161-4501541 HYDERABAD 6-3-887, 2nd Floor, MCP Arcade, SAHARANPUR AMRITSAR Raj Bhavan Road, FF-3B, 2nd Floor, Court Road, Burj Punjab, 3rd Floor, SCO-9, B-Block, Somajiguda Hyderabad Parsavnath Plaza, Saharanpur (U.P) District Shopping Complex, Ranjit +91-7527009639 +91-9412742492 Avenue +91-7527030533, 0183-5152900 VIJAYWADA AHMEDABAD DR No. 39-14-5, First Floor, Dati Simhadrl Office No 142, 143 Satyam Mall, PALAMPUR Street, Labblpeta, Opp. Gateway Hotel, Jodhpur Char Rasta, Satellite - Shop No 1, Destination mall, opposite to Bundar Road Ahmedabad -380015 Yamini hotel, Ghuggar, Palampur 176061 +91 -7527009636 +91-9909257791 | +91-9915999224 +91-81466 51519 | 01894-233088 LUCKNOW IMPHAL HAMIRPUR ‘Prabhuchaya’, 1st Floor, Left Wing, Back 2nd Floor, Khumbong Mayum Building, City Tower, shop No.1, F.F., Portion, 6B, Way Road, Gokhle Marg, Sagolband ingudam leikai -795001, Near Canara Bank, Hamirpur (HP) beside SBI bank, Lucknow-226001 Manipur +91-97362 96458 | 0197-2224433 +91-9026378040 | 0522-4950031 +91-7087117946 MANDI DEHRADUN DHANBAD Opposite Bank of India ATM, Shiva Palace, Office No.20-21-22, 2nd Office No 309, 3rd floor, Moti Bazar Mandi, HP, 175001 Floor, 57/19, Rajpur Road, Opposite Sri Ram Plaza, Bank More, +91-88947 07973 | 01905-221373 Secretariat, Dehradun 248001 Dhanbad 826001 (Jharkhand) +91-8755557959 | 0135-2970134 +91-7527009625 RANCHI Le-Desire Complex, Opp.Hari Om Tower PATNA VARANASI Shop No. 06, 3rd floor, Thana Lalpur, Ground Floor, Sudama Bhawan in Front Office No 33, 1st Floor, Kuber Complex, District Ranchi (Jharkhand) 834001 of AMS Park Heera Panna Lane Boring Rathyatra, Varanasi (UP) 221002 +91-9264473888 | 0651-2563156 Road Crossing Patna 800001 +91-90263 78040 +91-9507002233, 82948 59598 BHUBANESWAR Ground Floor,plot No 357/3473 & HISAR SHIMLA D-112, Lower Ground, Green Square 358/3474, Biju Pattnaik College Road, Arpit Appartment, Jaydeb Vihar, Bhubaneswar, Market ,Opp. Telephone Exchange, old Chestereon No 1, Tolland, Opposite Odisha -751012 Hisar 125001 +91-7889272649, 0674-2975089 Forest Head Office, Shimla 177001 +91-7404415151 91-9816984848 | 0177-2629668 JAMMU RAIPUR Palace Road, Opp Fire Station, KOCHI Office No. 308, First Floor, Kachhi Chawni, Jammu (J&K) No. - S 15 Sunny Estate SLT Water, Front Main Road, Telibandha, +91-7527009631 Edappally Kochi 682024 Raipur, Chhattisgarh-492001 +91-7012865310 | 0484-4020922 9755558676, 9915999224, 7714900187

LOOKING FOR FINANCIAL ASSISTANCE & EDUCATION LOANS TO STUDY AT A UNIVERSITY? WONDERING HOW ARE YOU GOING TO FINANCE YOUR EDUCATION? CHANDIGARH UNIVERSITY HAS SET UP A SEPARATE LOAN ASSISTANCE CELL THAT WILL HELP & ASSIST YOU THROUGHOUT YOUR LOAN & ADMISSION PROCESS. ABOUT EDUCATION LOAN CHANDIGARH ASSISTANCE FOR UNIVERSITY CU STUDENT

Chandigarh University holds academic excellence in the bag. Accredited by NAAC with C h a n d i g a r h U n i ve r s i t y a i m s t o s u p p o r t the prestigious A+ Grade in the first cycle itself, Chandigarh University (CU) is an deserving/meritorious students in availing financial institution committed to excellence in research, innovation, interdisciplinary education assistance for pursuing their higher education. In order and active promotion of promising young talent. Our NAAC A+ grade is the catalyst to to encourage students to take up higher education the process of providing the best placement opportunities to students and despite their financial shortcomings, nowadays, most authenticates what we say. banks, whether State or Centre Government,are providing attractive loan facility to students. Being a New-Age Global University, Chandigarh University (CU) understands the We believe that talent deserves to be supported. importance of rapid shift in the global market and thus has created an inspiring Chandigarh Universityhas set up a separate loan pedagogy fulfilling the student aspirations and industry requisites. The university assistance cell to enable the students, at the time of ensures excellence through flexible and interdisciplinary academic model matching the admission (Online or Offline) to obtain loans from banks international standards. Renowned academicians from national & international with which the university has tie-ups. education institutes and leading corporate keep our courses contemporary, relevant and cutting edge. VIDYALAKSHMI IS THE AVAIL SCHOLARSHIP GATEWAY TO EDUCATION WITH VIDYASAARATHI LOAN

Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. It has been Vidyasaarathi is a technology-enabled initiative by NSDL e-Governance Infrastructure Limited developed under the guidance of Department of Financial Services (Ministry of Finance), (NSDL e-Gov.) which bridges the gap between education and you. It is a user friendly, transparent, Department of Higher Education (Ministry of Human Resource Development) and Indian Banks and demand driven platform where students can search and apply for various education finance Association (IBA). The portal has been developed and being maintained by NSDL e-Governance schemes they are qualified for. Infrastructure Limited. Students can view, apply and track the education loan applications to Vidyasaarathi proposes to effectively bring together various stakeholders in the education banks anytime, anywhere by accessing the portal. ecosystem. The solution would help manage the entire online scholarship application lifecycle i.e. Government run education loan portal Vidya Lakshmi is a single platform where students can submission and review of scholarship application, award of scholarship, disbursement of funds, avail information on loans offered by 34 banks. Following the IBA guidelines, the portal is and renewal of scholarships. Vidyasaarathi aspires to empower the fund providers as well as operating under the aegis of Department of Financial Services, Department of Higher Education students to develop an ecosystem that benefits all stakeholders. and Indian Banks Association (IBA). With its scholarship initiative, Vidyasaarthi, the NSDL e-governance enabled portal has been able to help the students of remotest areas of the country CU student must register and login at as well in finding financial assistance for their studies. CU student must register and login at https://www.vidyasaarathi.co.in/Vidyasaarathi/registration 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 Education loan through Vidya Lakshmi has reduced the burden and hassle of applying the loan manually. The student can also send any grievances directly to bank in which he/she has applied. DOCUMENTS REQUIRED REGISTER AND APPLY FOR TO AVAIL EDUCATION EDUCATION LOAN LOAN Step 1: Obtain Documents from Chandigarh University Flow chart to obtain loan documents from Chandigarh University

From Applicant Side • KYC (Aadhaar Card/ Voter Card/ Driving License/ Passport) • 2 Recent Passport Size Photographs ` ` • Mark Sheets/Passing Certificates of 10TH, 12TH/Diploma& Degree APPLY FOR • PAN Card CLICK LOAN • Vidyalakshmi Registration ID LOGIN CUIMS NAVIGATION DOCUMENTS From Chandigarh University Side • Admission Offer Letter • Full Fee Structure of the Chosen Course • Prospectus of the University • Courses (Fee Payments Slips/ Registration Slip) • Placement Record (previous year) • UGC/AICTE Affiliation Letter/ Other Affiliation for Particular Courses FILL PARTICULAR SAVE DOCUMENTS ACCORDINGLY INFORMATION STATUS From Parents / Guarantor Side • K YC (Aadhaar Card/ Voter card/ Driving License/ Passport) • 2 Recent Passport Size Photographs Login CUIMS with your admission number and password. • P AN Card • L ast 6-month bank account statement • Select loan letter application form • I T returns/ IT assessment order of previous 2 years/ Form no 16/16A/Salary Slip • Fill the details and submit application or Income Proof issued by Magistrate/Tehsildar • After submission you have to wait for 24 HRS. • A brief statement of assets & liabilities of co-borrower/ guarantor 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. Download all documents and take color print. Step 2: Registration at Vidya Lakshmi How to sign up Vidya Lakshmi? Click on https://www.vidyalakshmi.co.in/Students • R egister Now • Fill up loan application form • Apply to multiple banks Registration 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 • Please ensure that the registration details filled in are correct • Please enter password in required format Guidelines for Registering on Vidyalakshmi Portal Step 3: Submission of Documents at Bank • Name- Please enter student name as per 10th class mark sheet or as per the mark sheet attached with your loan application • Take color print of all documents and ready your education loan file according to check list. • Mobile Number- Enter a valid mobile number. Student can provide mobile number of • Visit registered Bank Branch which is selected by user in Vidyalakshmi portal with parents. parent/guardian • Submit education loan file at the Bank and wait for further direction. • Email ID- Enter a valid email ID. Email ID will not be allowed to change. All necessary • Fill Loan application form at Bank Branch and complete all formalities assigned by bank's communications will be sent on this email ID. officials. • Collect contact number and email id from the bank branch for future reference. LOAN APPLICATION FORM • Share these details with us on email-id [email protected] once all process initiated. • Login as STUDENT LOGIN at Vidyalakshmi with registered Email ID & Password. • Fill Personal Information • Fill Present Banker Details, Search Bank with IFSC code and submit. Step 4: Follow up with Bank & Chandigarh University • Fill Course details. Select Merit, Duration of Course, Press Next Button. • Follow ups by Chandigarh University's Education Loan Department regarding processing & • Fill Cost of Finance Details and press next button. sanctioning of education loan. • Upload documents that you have and read instruction to submit application. • Submit Sanctioned letter with stamp and sign. Which show Sanctioned amount, Margin • Select bank out of all available banks in your region by click on Apply button. Money, Covering Hostel/ Transport Charges, Interest Charged to [email protected] and • You can apply to maximum 3 banks and for only one scheme of the bank. upload it on CUIMS education loan status. • Go to application status and note down Application ID which is Vidyalakshmi Registration ID. • Details of transaction made by bank to Chandigarh University's Bank Account after every transaction to [email protected] & [email protected].

Chandigarh University Provides student's progress report and demand letter to release payment from the bank in every semester on request of student/ parents. EDUCATION LOAN WHY CHOOSE Availing an Education loan makes financial sense! If Education loan availed: (example) Borrow Rs. 10 Lakh@ 9.33% * (effective rate of interest) & spend Rs. 93,000 as interest Invest your money @ min 10%: earn EDUCATION LOAN Rs. 1,00,000/- Hence, make Profit of Rs. 7,000 per annum by availing education loan. Proof of funds to secure admission SELF-FINANCE The question should ideally be, why choose an Education Loan over a personal loan, or the To get admission confirmation, a solvency letter needs to be given to show liquid funds. One needs to show money accumulated in your savings account? The versatility and advantages of Education liquid funds to cover one-year fee + approx. 50% more to be able to convince the University about the fee Loans are listed below- payment capacity EDUCATION LOAN One can get the loan sanction from Bank even before admission confirmation. Infect students get the loan Education loan V/S Self-Finance sanction at the time of application to University & use Bank Sanction/Solvency letter to show 'proof of funds' Principal amount payment POST course completion Need not keep liquid funds SELF-FINANCE If self-finance, the full year fee has to be paid at the beginning of the semester. SELF-FINANCE Also the living cost needs to be saved for, which in many cases is about One needs to keep liquid funds to get a solvency letter to show 'Proof of funds'. With cost of overseas 50% of the cost of education. education ranging between 10-20 lakhs, it's not an easy task to keep such a high amount of liquid funds. EDUCATION LOAN EDUCATION LOAN Education loan can cover tuition fee + living costs too. Repayment of the One need not keep such high amount of liquid funds when one avails on an Education loan. Sanction/ principal amount needs to be done only POST course completion. An Solvency letter is received basis the profile of the students, parent and the collateral. And the loan addition 6 months is also given by the lenders, before principal repayment starts. needs to be repaid in easy EMIs. Pay in Easy EMIs instead of bulk payment Attractive Tax benefits SELF-FINANCE When self-finance, full year payment goes out of the account in one shot. SELF-FINANCE EDUCATION LOAN One cannot avail the attractive benefits if fee is self-financed Education loan is paid in Easy EMIs. Bank gives a repayment Period EDUCATION LOAN up to 10 years, which makes it easy on the pocket. One can avail attractive Tax benefits on Education loan availed from Bank. The complete interest amount has Tax exemption, without any upper cap! Truly, a benefit not to miss! Save for family contingencies + Invest & earn through your savings Safeguard against cost inflation/fluctuation in currency SELF-FINANCE SELF-FINANCE Self-finance amounts to liquidating savings, which could have been With the fluctuation in the foreign currency, the cost of education can vary up to 20-30%, as experienced kept back as investments OR also kept us a financial security for recently. It can be tough to produce liquid funds to pay such additional amounts. family/health contingencies. EDUCATION LOAN EDUCATION LOAN Availing an Education loan sanction can be very useful at this stage. Even if the cost increases, Education loan helps you retain your savings to keep them loan can be availed up to the sanctioned credit limit. invested and also keep them for family/medical contingencies. Timely Payments to University Liquidating savings SELF-FINANCE SELF-FINANCE One needs to keep a track of the fee payment date & ensure the transaction goes through in time to make To self-finance, one often needs to break savings, sell timely payments to the University. This is especially cumbersome when the payment needs to be sent overseas. property, pledge gold, and borrow from relatives. EDUCATION LOAN EDUCATION LOAN vailing an Education loan makes it easy. One simple instruction to Bank & the fee payment will be done. Education loan empowers you to preserve your savings and not go through the harrowing experience of either Build Positive Credit History selling land,jewelry or even borrowing. Education loan empowers you to finance by the strength of your education SELF-FINANCE background,current financial status and collaterals. Paying through life savings does not give you the opportunity to build a positive credit history, which can be very useful for students as they invest in automobiles, credit cards and homes soon after getting their jobs. Financial Benefits EDUCATION LOAN SELF-FINANCE Timely repayment of an Education loan can help a student build a positive Credit history and get loans for When self-finance, the money that could have been other products like your home, automobile, etc. easily and at attractive rates. invested and earned you interest/profits is used up in one shot. (Example: 10 lakhs earning 10%pa = Rs. 1 lakh earning.) Opportunity to take responsibilities This opportunity to earn is lost. SELF-FINANCE Parents financing their child's education takes away the opportunity for the child to take his own responsibility. EDUCATION LOAN Taking an Education loan makes students value his education even more and helps him take the mature first step of taking financial responsibility. An opportunity for every parent to give his child 'the wings' to fly! SANCTIONING FAMILY INCOME: The applicant's annual family income and the course pursued are primary determinants for the applicable loan amount. EDUCATION COLLATERAL FOR THE LOAN: LOANS You do not need to place collateral (security) for loans up to 4 Lakhs. If you avail a loan between 4-7.5 Lakhs you require this loan to be guaranteed by a third party. For a loan above 7.5 Lakhs banks take collateral such as your house or a property a fixed deposit or a life insurance policy. MARGIN (AMOUNT YOU PAY FROM YOUR POCKET): PARENT’S PROFESSION: If you avail an education loan for an amount under 4 Lakhs and meet the requirement criteria the bank will Salaried, Businessman or Agriculturist disburse (pay) the entire loan amount. You do not have to pay anything from your pocket.For an education loan between 4-10 Lakhs you have to shell out (pay) 5% of the loan amount from your own pocket.

FAMILY INCOME: TIME PERIOD OF THE LOAN: BPL, Middle Class or Financially Sound Banks give you an educational loan for a time period of 10-15 years including the years of study (time taken to complete the course). You have to repay the educational loan through EMI either within 6 months after you get a job or after a year of completing the course whichever is earlier called Moratorium period. PAST CREDIT HISTORY: Your credit score is maintained with CIBIL (Credit information Bureau of India Limited) called CIBIL TransUnion Terms & Condition Score on a scale of 300-900. An ideal score is around 750.If you have defaulted on your past loans then you will • There is no best bank to avail an education loan. In India there are a number of banks both Public not be able to avail an educational loan due to a bad credit score. and private sector from which you can avail an education loan. There are also dedicated loan Companies from which you can avail an education loan. Many a time these Companies have a tie PROCESSING FEES: up or are supported by a bank.One needs to know the following before applying for an Education Loan No processing fee if the loan is availed to study at Chandigarh University. PREPAYMENT CHARGES: If you prepay your loan there are no prepayment charges. RBI has recently abolished prepayment penalty on all NATIONALITY floating rate loans (Loans whose interest rate fluctuates with the market or the economy). You should be an Indian National to avail an education loan in India. PREPAYMENT CHARGES: AGE Disbursement of the educational loan: The loan amount will be disbursed in stages directly to the institution You should be 18 years of age to avail an education loan or your parents can take the loan in their name. Banks where you have secured admission. might set an upper age limit of 35 years and no educational loan is given if you are above this age. TYPES OF INTEREST RATES: ADMISSION TO AN EDUCATIONAL COURSE: Private banks and foreign banks offer educational loans at a fixed rate where the rate of interest remains constant You should have secured admission for a professional, technical or a management course in Chandigarh across the tenure (time period) of the loan. Nationalized banks offer educational loans at a floating rate where the University. You should have secured at least 60% in all your previous qualifying examinations (For SC category at rate of interest fluctuates with the market (economy) rates. least 50%). DOCUMENTATION: You will have to fill the loan application form and submit documents such as an address proof, mark sheets, admission letter for the course. The co borrower (Parents or the third party Guarantor) has to show proof of income (salary slips) as well as the income tax statements of the past 2 years. LOAN AMOUNT: You can avail a loan for a maximum amount of INR 15 Lakhs if you are studying at Chandigarh University. You can avail tax benefit on your educational STUDENT LOAN MORATORIUM loan under Section 80 E of the income tax act if the loan is taken in your name for a higher If you had availed an educational loan before March 31st 2009 and you are unable to repay the interest component of the loan even after December 31st 2013 the Government will bear the education or for your spouse and children. interest burden on the education loan. (You do not have to pay any interest on the education loan if even after December 31st 2013 there is interest pending/outstanding) as per the interim budget You can claim a tax deduction on the interest in February 2014. portion of your educational loan. You can avail these tax deductions for a period of 8 years REPAYING THE LOAN DURING after you start paying back the EMI on MORATORIUM PERIOD your educational loan. Banks allow you to repay the educational loan through an EMI either within 6 months after you get You cannot claim a deduction a job or after a year of completing the course whichever is earlier called Moratorium period (grace period). You can start making your interest payments on the educational loan as soon as your on the principal of your course starts. If you pay back the interest on the education loan in the moratorium period, you get educational loan. a discount (cut) on the interest rates by 1% in this period. So we would ask you to gain knowledge and then visit two three bank to compare their term and conditions and then choose the best one. ABOUT VIDYA LAKSHMI PORTAL

Vidya Lakshmi Portal provides single window for Students to access information and make application for Educational Loans provided by Banks and Govt. Scholarships. It has the following features: n Information about Educational Loan Schemes of Banks n Common Educational Loan Application Form for Students What are n Apply to multiple Banks for Educational Loans n Facility for Banks to download Students Loan Applications the tax n Facility for Banks to upload loan processing status n Facility for Students to email grievances/queries relating to Educational Loans to Banks benefits of n Linkage to National Scholarship Portal for information and application for Govt. Scholarships WHAT IS CENTRAL SECTOR INTEREST availing an SUBSIDY SCHEME, 2009 education (AS REVISED - APPLICABLE FOR LOANS TAKEN WITH EFFECT FROM 01.04.2018) One of the major objectives of the Government is to ensure that no student is denied the loan in opportunity to pursue higher education because he or she is poor. To achieve this objective, Ministry of Human Resource Development (MHRD) launched a Scheme titled "Central Sector India? Interest Subsidy Scheme" (CSIS) in 2009. The scheme provides full interest subsidy during the moratorium period on modern education loans without any collateral security and third-party guarantee, for pursuing technical/professional courses in India. Students whose annual gross parental/ family income is up to Rs.4.5 lakhs are eligible under the scheme. The existing Scheme has been modified with the approval of the Cabinet on March 28th, 2018. ABOUT CSIS SCHEME INCOME PROOF REQUIRED

The Scheme is adopted by all Scheduled Banks and is linked with the existing Model Educational The benefits of the Scheme is applicable to students belonging to economically weaker secons, with having Loan scheme of the Indian Banks' Association, and restricted to students enrolled in parental income up to Rs. 4.5 lakhs per year (from all sources). Income proof is required from authorized Public professional/ technical courses only from NAAC accredited Institutions or professional/ authority of the State Government. The present scheme is intended to cater to the needs of students belonging to technical programs accredited by NBA or Institutions of National Importance or Central Funded economically weaker secons with prescribed upper parental gross income limit of the family from all sources, Technical Institutions (CFTIs). Those Professional Institutions/programs, which do not come which is based on economic index and not on social background- The scheme is independent of any other schemes under the ambit of NAAC or NBA, would require approval of the respective regulatory body viz, which may cater to EWS. approval of Medical Council of India for Medical courses, Nursing Council of India for Nursing courses, Bar Council of India for Law etc. The scheme is applicable to students belonging to Economically Weaker Sections, i.e. students whose annual gross parental income is up to Rs.4.5 lakhs. Subsidy is admissible only once either for undergraduate or post graduate or integrated TIE-UPS WITH course. Under the scheme, education Ioan is provided without any collateral security and third- RENOWNED BANKS party guarantee and for a maximum amount of Rs. 7.5 lakhs. ELIGIBILITY CRITERIA TO AVAIL CSIS - Education Loans taken under IBA Model Education Loan Scheme. - Students having parental income up to Rs. 4.5 lakhs per annum.

Students enrolled in professional/ technical courses only from NAAC accredited institutions or professional/ technical programs accredited by NBA or Institutions of National Importance or Central Funded Technical Institutions (CFTIs). Those Professional institutions/programs, which do not come under the ambit of NAAC or NBA, would require approval of the respective regulatory body viz, approval of Medical Council of India for Medical courses, Nursing Council of India for Nursing courses, Bar Council of India for Law etc. Admissible only for once either for UG, PG- Also admissible for integrated courses (graduate + post graduate). Interest Subsidy under this Scheme shall not be available to those students who discontinue their course midstream, or who are expelled from the Institution on disciplinary or academic grounds. However, the interest subsidy would be available only if discontinuation is due to medical grounds for which necessary documentation to the satisfaction of the Head of educational institution needs to be provided.What is the eligibility criteria to avail CSIS? Education Loans taken under IBA Model Education Loan Scheme. Students having parental income up to Rs. 4.5 lakhs per annum. Students enrolled in professional/ technical courses only from NAAC accredited institutions or professional/ technical programs accredited by NBA or Institutions of National Importance or Central Funded Technical Institutions (CFTIs). Those Professional institutions/programs, which Help Desk Education do not come under the ambit of NAAC or NBA, would require approval of the respective regulatory body viz, approval of Medical Council of India for Medical courses, Nursing Council of Education Loan Help Desk India for Nursing courses, Bar Council of India for Law etc. Admission Department, Block-09, Admissible only for once either for UG, PG- Also admissible for integrated courses (graduate + Chandigarh University, post graduate). Gharuan, Mohali, Punjab, Pin Code-140413 Interest Subsidy under this Scheme shall not be available to those students who discontinue their Contact Numbers: course midstream, or who are expelled from the Institution on disciplinary or academic grounds. 8146651561, 7527009670 However, the interest subsidy would be available only if discontinuation is due to medical grounds for which necessary documentation to the satisfaction of the Head of educational institution Email Id: [email protected] needs to be provided.