Do banks provide finance to study MBA in LPU?

Question

Riya Sharma · Answer

In LPU students can opt two specialisations it is dual specialisation course. So, students can opt any two specialisation from almost 24 or + options. It is two year programme, in which first year in general and in second year specialisation come. There is related programmes are like, tie- up programmes, international credit transfer programmes and you can opt MBA in specific specialisation like hospital and healthcare management, international business and tourism and hospitality.

Harsh Pandey · Answer

An education loan is a good idea and a commonly sought after resort. Pursuing higher studies usually involves high fees and an education loan comes in handy at this point. Banks provide education loans for graduation/PG, Diploma or professional courses, at attractive interest rates. LPU fully assists the student in getting a loan. Usually, the student prefers taking a loan from his native place as it is easier there as far as the document process is concerned. The LPU provides all assistance through its dedicated loan assistance department. LPU is having tie-ups or MOUs with all the leading Government and Private banks of India like Punjab National Bank, ICICI, Karur Vysya Bank etc. LPU is having tie-ups with some of the NBFC even like Afinoz, Credenc, Eduvanz, etc. There is a separate loan assistance cell that looks into such cases. A student has to mail their Loan Letter requirement to the Loan department through email after taking admission. Loan letters can be sent to the applicant only after a student submits one loan application form to the Student Loan Assistance team. This process may take two weeks. Many students in LPU are studying with the help of an education loan. You have to submit documents like pan card, identity proof, photographs, residential proof, 10th, and 12th Marksheet, and Certificate to the bank plus a few documents about your guardian. The LPU will ask you to submit the original prospectus, Fee structure, proof of admission, etc. When you contact LPU members for a Loan letter, they will give you a form. You fill it and get it duly signed by your guardian. After filling up the form, they will provide you with a loan letter. With the help of this loan letter and other documents, you can easily apply for an education loan in LPU. Bank will give you all fees to LPU via check or online money transfer to the university account.

Arshiya Singh · Answer

There are many students in LPU who are studying through 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, Certificate and (other documents from your Guardian also). Few documents are also needed which are given from LPU like original prospectus, Fee structure, proof of admission, Bona-fide Certificate. 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 filling 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.

Puneet Singh · Answer

Dear Aspirant, Yes, banks provide finance or education loans to study for MBA in LPU. In fact, LPU helps students to get education loans and provides documents that are required for the same. One of my friends also studied at LPU with an education loan facility. There are many students in LPU who studying by education loan. You can take a loan from any bank, and the bank asks you for few documents like a pan card, identity proof, photographs, Residential proof, 10th and 12th Marksheet, and Certificate. (other documents from your Guardian also). Few documents are also needed which will give from LPU like the original prospectus, Fee structure, proof of admission, Bona-fide Certificate. 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 Karur Vysya Bank ICICI Bank For more details, you may refer to the LPU website. I hope this helps Thanks!

Pratima Banerjee · Answer

LPU is a progressive university who understands the fact that every child has a right to education, however due to the hunch of financial ability many may withdraw the opportunity. Hence LPU is one such university who supports and provides assistance to their students to learn. Yes it does provide financial assistance in form of :- a. Educational Loans b. Scholarships c. Opportunities to earn while you learn The 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. 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.

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.

Poonam Angural · Answer

Hi, In case you are enquiring about the loan assistance provided by the university than obviously yes it does. 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.

Dharamveer Dheer · Answer

I cant say if it happens for ALL the MBA colleges, but 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.

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