The Eternal University was established as a non-profit institution by Baba Iqbal Singh Ji on 3 July 2008 at the Divine Valley of Baru Sahib (Sirmour, H.P.) to translate the vision of Sant Attar Singh Ji and Sant Teja Singh Ji. The Eternal University got formally established under the Himachal Pradesh Private University (Establishment & Regulation) Act 2006 and The Himachal Pradesh Government Act. No. 3 of 2009. Right to confer degrees was accorded as per the UGC public notice on private universities dated April 18, 2011.

Eternal University is an approved test center for Banking Examination by the Institute of Banking Personnel Selection, Mumbai. The university has established good national and international linkages by signing memorandum of understanding with National Institute of Technology, Hamirpur (H.P.), Wayne State University, Detroit, Michigan (USA) and Drexel University, Philadelphia (USA) for providing opportunities to students and teachers for mutual interaction and collaborative academic work. Eminent scholars and scientists of reputed international institutions from USA, Canada, UK, Denmark and Australia have shown keen interest in the teaching and research programmes of the university, some of them have visited and interacted with students and teachers of the University for developing academic collaborations.