Are you looking for a loan to expand your education business or to improve the quality of your service delivery? write to us at info at shikshafinance dot com
|For what?||Creation of infrastructure and assets, including but not limited to
Construction of additional classrooms
Loans can also be offered to school's vendors, against supply of Goods and/or Services to schools.
|For who ?||Loans are offered to
Private Schools (KG to 12/PUC), pre-schools, crèches,
Vocational institutes, Employment focused courses , polytechnics
|How much?||Upto Rs 20 lakhs. Need larger loans? Talk to us. We can help you in one of many ways.
|Tenure||24 months – 48 months, dependent on asset.
|Interest rate %||Determined on case to case, based on a customized credit assessment.
|Processing fees %||2% of sanction amount, payable upfront, one time
|Repayment||ECS/Irrevocable Standing instruction or Post Dated Cheques (PDCs)
|Security||Beyond Rs 10 lakhs: collateral required
Loan agreements + Promissory note + Security PDC
Collateral (if applicable)
repayment documents (ECD, PDCs, bank mandate)