Lal Bahadur Institute of Management provides separate hostel facilities for boys and girls on a twin-sharing basis within a 3-kilometer radius of the Institute.Hostels have all necessary amenities such as a geyser, water cooler, fridge, dining hall, and common room with a TT table and a carrom board with a television. Students have access to high-speed internet. The mess serves breakfast, lunch, evening snacks, and dinner. Security guards are on duty 24 hours a day, seven days a week. The housekeeping crew maintains the room on a regular basis.