Loan facility to pay fees of college : Is there any loan facility to pay fee please

- AdminUpdated On January 03, 2023 01:11 PM

The answer of this question is yes. Lovely Professional University provide loan assistance to its students and help them in documentation. 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.

- TanvirAnswered on January 03, 2023 01:11 PM
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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. Phone: +91-1824-444583 Email: studentloanassistance@lpu.co.in

- NavneetAnswered on December 21, 2022 02:10 PM
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Hi, At LPU, we have 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. Documents required by banks for extending education loans S.No. 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)

- Ramandeep KaurAnswered on December 19, 2022 12:46 PM
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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 December 02, 2022 09:06 AM
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Dear student,

Education loans are easily available with all banks. Depending on the course, college and location, you can apply for a loan. Your college administration can also help you with the formalities.

You can also download the CollegeDekho App from the Google Play Store to stay updated with all education related information. Like us on Facebook, Twitter and Instagram.

Please get back to us if you have any further queries.

Visit www.collegedekho.com for more information.

- Anjani ChaandAnswered on August 24, 2017 12:39 PM
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