Loan Facility : Do they have loan facilities?

- AdminUpdated On July 12, 2023 11:44 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 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 BabbarAnswered on July 12, 2023 11:44 AM
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I’m a graduate of LPU. Likewise, I was stressed over this when I was planning to join LPU however at that point got to know that if you get good marks in previous exams or LPUNEST, you will get a good scholarship thus the experience has been incredible for me as this open door set aside a ton of cash of my family. My journey was astounding which I will cherish for the rest of my life. It’s a huge campus with all the facilities that one can ask for. Many students in LPU are studying with the help of an education loan. I’ll share my experience. 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 assistance 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 through cheque or online money transfer to the university account.

- Rupinder KaurAnswered on March 30, 2023 11:40 AM
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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

- PriyaAnswered on February 08, 2023 04:21 PM
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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 23, 2023 10:53 AM
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LPU assists student in processing the documentation of loan and further students is required to approach the loan sanctioning authorities on its own.

- Mawal ArkAnswered on January 07, 2023 02:59 PM
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Yes LPU offer this facility ,banks do offer education loans to students attending LPU as financial aid. One of my friends used student loans to complete his MBA. Many LPU students are enrolled there thanks to student loans. Any bank that offers loans will want a few documents from you, including your PAN card, identity documentation with photos, evidence of residency, and your 10th and 12th grade transcripts and certificates. (Also from your Guardian are other documents).A few other documents, such as the original prospectus, the fee schedule, the admissions proof, etc., will be provided by LPU and are also required. When you ask LPU members for a loan letter, they will provide you with a form. The paperwork needs to be filled out and signed by both you and your guardian. You will be given a loan letter after completing the form. You can apply for a loan for education at LPU with the aid of this loan letter and other supporting documentation. Using a check or an online money transfer, the bank will send all of your fees to LPU. So, apply for an education loan without worrying. Hope this information helpful!!!

- PoojaAnswered on January 07, 2023 01:36 PM
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Yes LPU offer this facility ,banks do offer education loans to students attending LPU as financial aid. One of my friends used student loans to complete his MBA. Many LPU students are enrolled there thanks to student loans. Any bank that offers loans will want a few documents from you, including your PAN card, identity documentation with photos, evidence of residency, and your 10th and 12th grade transcripts and certificates. (Also from your Guardian are other documents).A few other documents, such as the original prospectus, the fee schedule, the admissions proof, etc., will be provided by LPU and are also required. When you ask LPU members for a loan letter, they will provide you with a form. The paperwork needs to be filled out and signed by both you and your guardian. You will be given a loan letter after completing the form. You can apply for a loan for education at LPU with the aid of this loan letter and other supporting documentation. Using a check or an online money transfer, the bank will send all of your fees to LPU. So, apply for an education loan without worrying. Hope this information helpful!!!

- PoojaAnswered on January 07, 2023 01:36 PM
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Yes LPU offer this facility ,banks do offer education loans to students attending LPU as financial aid. One of my friends used student loans to complete his MBA. Many LPU students are enrolled there thanks to student loans. Any bank that offers loans will want a few documents from you, including your PAN card, identity documentation with photos, evidence of residency, and your 10th and 12th grade transcripts and certificates. (Also from your Guardian are other documents).A few other documents, such as the original prospectus, the fee schedule, the admissions proof, etc., will be provided by LPU and are also required. When you ask LPU members for a loan letter, they will provide you with a form. The paperwork needs to be filled out and signed by both you and your guardian. You will be given a loan letter after completing the form. You can apply for a loan for education at LPU with the aid of this loan letter and other supporting documentation. Using a check or an online money transfer, the bank will send all of your fees to LPU. So, apply for an education loan without worrying. Hope this information helpful!!!

- PoojaAnswered on January 07, 2023 01:36 PM
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LPU has a separate loan department which assist the student and helps in documentation of loan. Team also assist the students regarding loan procedure. Students can avail Education Loan Facility in the first year as well as in the subsequent years. you need to visit your nearest bank of your native place in which you have the account book for that bank and you only needs to convince manager that you are going to study in LPU and loan is required. If they convince then university will provide a proof that you are student from LPU and provide you all the documents required in this process.

- TanvirAnswered on December 06, 2022 12:13 PM
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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 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.

- Manan AggAnswered on December 05, 2022 03:08 PM
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Lovely Professional University provides assistance to get educational loan and even they have set up a separate loan department who assist their students for taking loan through banks.

- Divya PanjaniAnswered on December 01, 2022 04:24 PM
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LPU assists students in processing the documentation of loan and further the student has to approach the loan sanctioning authorities on its own.

- Isband sozAnswered on November 30, 2022 03:03 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 September 02, 2022 11:17 AM
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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 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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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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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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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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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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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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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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Dear Student,

Please mention the name of the college.

- Sakunth KumarAnswered on July 05, 2018 02:15 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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