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Loan : Loan facility available or not

- AdminUpdated On June 13, 2023 03:54 PM

Yes, in LPU we do have loan facility but the applicant need to gather the whole documenting and stuff by them self. 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.

- ankitaAnswered on June 13, 2023 03:54 PM

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 recommendation 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 this facility, and their parents are liable for any course of the deed. The responsibility for getting loan letter, the sanction of 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 regards. 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

- rubinaAnswered on January 20, 2023 04:33 PM

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 recommendation 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 this facility, and their parents are liable for any course of the deed. The responsibility for getting loan letter, the sanction of 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 regards. 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 Further for more information you may visit to the website www.lpu.in

- rubinaAnswered on January 16, 2023 01:28 PM

Yes, LPU helps students with an education loan facility, They have tie-ups with many banks such as SBI. PNB, Karur Vasya, etc. Moreover, you can do a part-time job at LPU while studying that will help you with your monthly extra expenses. I have also worked in the Division of International Affairs 20 hours per week during my coursework. 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. 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 out 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 at LPU. Bank will give you all fees to LPU via check or online money transfer to the university account.

- Manan AggAnswered on December 07, 2022 02:57 PM

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 as well in this regard. Loan Assistance Process: 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.

- priyal gognaAnswered on November 16, 2022 02:00 PM

Dear Student,
Many colleges provide education loan facility. You need to check with the administration of college regarding the education loan.

- Sakunth KumarAnswered on December 05, 2017 03:54 PM

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Loan : Loan facility available or not

Dear Student,Many colleges provide education loan facility. You need to check with the administration of college regarding the education loan.

Dear Student,
Many colleges provide education loan facility. You need to check with the administration of college regarding the education loan.