Education and Career Forum

Sir, I have taken admission in MBA course at LPU last month but I have paid only 20,000 at the time of admission. I want to take educational loan for further study. Does SBI provides education loan to study here?

Originally Posted by Unregistered

Sir, I have taken admission in MBA course at LPU last month but I have paid only 20,000 at the time of admission. I want to take educational loan for further study. Does SBI provides education loan to study here?

Yes, students can get education loans from SBI to study an MBA course at LPU. Lovely Professional University (LPU) has set up a separate loan assistance cell for helping students, to get an education loan. LPU has many banks inside the campus itself, including State Bank of India. Students who get admission in LPU for MBA course can contact the loan assistance cell at the university for getting an education loan. LPU has tied up with banks like SBI, LPU assists students to get education loans through the loan assistance cell. LPU loan assistance cell website link is given Click Here

If colleges is recognized with decent placement record, then banks won't hesitate in providing you education loan. Just make sure that you have got all the documents in order.

Presence of a guarantor is necessary for education loan. If loan is above 7 lacs, then collateral security will be required.

Yes, SBI provides an education loan for pursuing MBA course at LPU. Candidates who have secured admission in MBA course in any recognised college/ university are eligible to apply for an education loan. You need to submit documents like Admission Proof, Address Proof, Income Proof, ID Proof, etc., to bank for processing your education loan.