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Loan Facility : Do they have loan facilities?

- AdminUpdated On September 02, 2022 11:17 AM

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 September 02, 2022 11:17 AM
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LPU provides education loan facility, through out your course. LPU staff will assist you for the education loan. For the convenience of students, the University has set up a separate Loan Assistance Cell for all the needs like loan letter, loan application form and for any other assistance required from the University. For more information you can visit LPU official website. Hope this information helpful!!

- PoojaAnswered on June 20, 2022 12:19 PM
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Dear Student. University does not provide you direct loan. But it will help you in availing the loan for further studies through provision the required documents 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. Phone: +91-1824-444583 Email: studentloanassistance@lpu.co.in LPU has MOUs with the following banks Central Bank of India Punjab National Bank Karur Vysya Bank Banks that have given recommendation/ proposals to extend loans to LPU students: Bank of Baroda Syndicate Bank Andhra Bank State Bank of India HDFC Bank Union Bank of India United Bank of India AXIS Bank ICICI Bank Indian Overseas Bank Syndicate Bank J & K Grameen Bank Indian Bank Allahabad Bank Canara Bank Tripura Gramin Bank Assam Gramin Vikash Bank IDBIBank 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. 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. Documents Required for Applying for Educational Loan 1 Admission letter of the Educational Institute giving details of fee, boarding and lodging expenses. Letter confirming scholarship, if any. 2 Attested copies of documents for proof of age/date of birth and proof of residential address. 3 Passport size photo of the applicant, co-obligants and guarantors. 4 Copy of the PAN card of student and Parents Borrower 5 Copy of marksheets/degree certificates of previous academic qualifications. 6 Income proof/latest income tax return of parents/co-obligants, guarantors. (if any) 7 Details/statements of Bank accounts held by the student applicant/co-obligant(s)/guarantors (if any) for the last six months. 8 Details of collateral security alongwith valuation certificate of Govt approved valuer (if any). (In case of loan amount more than Rs: 4.00 Lacs) lpu.in

- MehakAnswered on July 15, 2022 02:38 PM
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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 Oriental Bank of Commerce State Bank of Patiala Central Bank of India 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 January 17, 2022 12:10 PM
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Hi, LPU 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. It is very easy to avail a loan. You can visit the website or call on their toll-free number. Thanks.

- AnshikaAnswered on July 02, 2021 08:13 PM
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Hi, LPU 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. It is very easy to avail a loan. You can visit the website or call on their toll-free number. Thanks.

- AnshikaAnswered on July 02, 2021 08:14 PM
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Hi, LPU 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. It is very easy to avail a loan. You can visit the website or call on their toll-free number. Thanks.

- AnshikaAnswered on July 02, 2021 08:14 PM
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As per my knowledge and exploration, One of the largest University i.e. 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 deed. 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.

- AvtarAnswered on August 14, 2021 01:31 PM
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As per my knowledge and exploration, One of the largest University i.e. 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 deed. 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.

- Navneet KaurAnswered on August 14, 2021 05:32 PM
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Dear Student,

Please make the question more clear. If you mention the name of the college, we can provide details on education loan facility.

- Sakunth KumarAnswered on July 05, 2018 01:59 PM
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Dear Student,

Please mention the name of the college.

- Sakunth KumarAnswered on July 05, 2018 02:15 PM
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hello this is chirag sharma do how can i get study loan from your portal

- chirag sharmaAnswered on June 04, 2021 03:51 PM
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