Do banks provide finance to study MBA in LPU?

Question

Khushal Arora · Answer

Hello, Yes, Banks do provide financial help for students studying in LPU in the form of education loan. One of my friend has completed his MBA on education loan. There are many students in LPU who studying by education loan. You can take loan from any bank, and bank asks you for few documents like pan card, identity proof, photographs, Residential proof, 10th and 12th Marksheet and Certificate. (other documents from your Guardian also). Few documents are also need which will given from LPU like original prospectus, Fee structure, proof of admission, etc. You should contact LPU members for a Loan letter, and they will give you a form. You must fill up the form with your and guardian signature. After fill up the form, they will provide you a loan letter. With the help of this loan letter and other documents you can easily apply for education loan in LPU. Bank will give your all fee to LPU via check or online money transfer to university account. So, be tension free and apply for education loan. Hope this will help you, Thank you. All The Best.

Vibha Gupta · Answer

LPU is a renowned university, it has established it's name in the field of education. LPU is having a separate department to deal with the students who would like to apply for loan facility. LPU is in tie-up with various banks which provides the loan on the basis of the documents provided by the university. You may check on the website of LPU, or call on the enquiry number +91 1824-517000, and they will guide you in a best possible manner.

Dharamveer Dheer · Answer

LPU is highly reputed name in education, it has a full fledged department which helps the students in availing the loans. The students can get all the documentation required by banks from university very easily. LPU provides Loan assistance to its students. It is having tie-ups with reputed banks. Check the link below: http://www.lpu.in/student_services/education-loan-assistance.php Hope this helps DVD.

Puneet Singh · Answer

Dear Saezy, Definitely, banks provide finance to study MBA in LPU. Many of my friends did MBA from LPU by taking education loans through banks. LPU also helps students to get education loans. The university has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie-ups. Students can avail Education Loan Facility in the first year as well as in the subsequent years. BANKS INSIDE THE CAMPUS State Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank ICICI Bank LPU is a registered university with certified programs, so almost all banks easily provide loans to students who wish to study at the university. The terms of the education loan would, of course, vary from bank to bank, as will the rate of interest offered, and the repayment plan. The student needs to apply for a loan letter from the university or from the LPU out-campus office. After having a loan letter from the university student can show it to the bank for further process, banks may ask for some other documents so you can apply from the university. Hope this will help you! Thanks!

Avtar Dhillon · Answer

As per my knowledge and exploration, Lovely Professional University has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie-ups. Students can avail Education Loan Facility in the first year as well as in the subsequent years. The Students who want to apply for Educational Loan from any Bank need an offer letter from the University. The University will provide the requisite offer letter or alike document as required by the concerned bank for loan purposes, as and if deemed appropriate. LPU has MOUs with the following banks: Central Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank There are a number of banks and financial institutions that have given proposals or recommendations to extend loans to LPU students such as Canara Bank, Bank of Baroda, Andhra Bank, HDFC, IDBI, SBI Union Bank of India, Allahabad Bank, United Bank of India, and many more. However, the students, who are availing of this facility, and their parents are liable for any course of the D.Ed. The responsibility for getting a loan letter, the sanction of the loan, repayment of the loan, and any other liability lie solely with the students/parents. The university will not be liable and responsible in this regard. LPU also has different bank branches inside the campus: State Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank ICICI Bank For more details, one can check the lpu website.

Arnav Sethi · Answer

Yes of course even I had taken a loan to study at LPU. The process is so smooth if you have good financial records and your intuitions are fine. The university has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie-ups with Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank State Bank of India ICICI Bank etc. Students can avail Education Loan Facility in the first year as well as in the subsequent years. Best Wishes Arnav Alumni LPU.

Poonam Angural · Answer

Hi, The university has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie ups. Students can avail Education Loan Facility in the first year as well as in the subsequent years. You may visit the website for the phone number and the email on which you may approach. University has different bank branches inside the campus. State Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank ICICI Bank The Students who want to apply for Educational Loan from any Bank need an offer letter from the University. The University will provide the requisite offer letter or alike document as required by the concerned bank for loan purposes, as and if deem appropriate. All the desiring students who want a Loan letter (offer letter) need to follow the following steps:Download, print and fill the Application Form for Loan Letter. Submit the duly filled and signed copy of the form to the University via one of the following means: In Person to the Student Loan Assistance Cell on the University Campus or at the Designated or By Post /Courier on the address mentioned on the website or by email on the email address provided on the website. On receiving the duly filled and signed document the University shall process the application and will revert back to the student as soon as possible.

sartaj cheema · Answer

This university is having dedicated Department which provide assistance for Education Loan and have Tie-up with Banks like (PNB, ICICI, SBI OBC, KVB) and most of these bank have branches within the university campus. Further, depending upon the Education loan Policy of Particular bank, the charges like Hostel and mess are also included in Education loan, for further details u can contact University Student helpline or particular bank for the same. LPU has initiated a fully online application for initial registration process for admission-2021, During the current situation period due to COVID-19 pandemic, to support candidates. In respect to qualifying eligibility condition candidate can proceed through LPU admit portal admission. Lpu. In for admission. For step by step guidance and to get course and other important details visit www.lpu.in or call on LPU toll free number 18001024431.

Neetu Singh · Answer

I would say that Lovely Professional University is a great university which every students are looking for. Be it studies, hangout places, infrastructure or extracurricular activities, this university has it all. LPU makes leaders who are not only thorough professionals but also good human beings with values. This is just one of the many reasons why it is consistently ranked no.1. I have done my Graduation and Post graduation from this University and during summer vacations I have worked in Admission department, so I come to know the process for applying loan facility because at the time of admission, many students applied for loan facility. LPU believes that financial hindrance should not be a cause for a student to step back from his dreams and thus it provides all sort of assistance possible to its students. The University has set up a separate Loan Assistance Cell, to cater all the needs like loan letter, loan application form and for any other justifiable assistance required from the University. It is also mentioned clearly in the prospectus too. Student Loan Assistance Cell was of great help. They are available for your assistance obviously according to their office timings. University has different bank branches inside the campus. State Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank ICICI Bank Student needs to apply for the loan letter from the university or from the LPU out-campus office. After having a loan letter from the university student can show to the bank for the further process, banks may ask for some other documents so you can apply from the university. Hope this will help you!

Naini Kalra · Answer

LPU has tie-ups with more than 15 Indian nationalized banks to assist students with loan facility. LPU brand name is renowned name in an education sector and providing quality of education to students. The university has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie ups. Students can avail Education Loan Facility in the first year as well as in the subsequent years. LPU has MOUs with the following banks: Central Bank of India Punjab National Bank Oriental Bank of Commerce Karur Vysya Bank Banks that have given recommendation/ proposals to extend loans to LPU students are: Bank of Baroda Syndicate Bank Andhra Bank State Bank of India HDFC Bank United Bank of India etc. Agencies/ Financial Institutions that have given recommendation/ proposals to extend loans to LPU students are: CREDENC Eduvanz AFINOZ NSDL- e-governance etc. To know more visit www.lpu.in.

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