School Loan

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
Sanitation (for example, separate toilet block for girls)
Covered dining rooms
Teacher training and refresher courses
Benches, tables, chairs, other furniture
Laboratory, Laboratory Equipment
Library and Library books
Computers, printers, other related hardware
Tablets, Smart class equipment and other modern learning aids
Purchase of playground, play equipment, Basketball court
Purchase of new or used school vehicles

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
Coaching centers (CA, MBA, Medical, Engineering)


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


Documentation: KYC documents
Loan agreements + Promissory note + Security PDC
Collateral (if applicable)
repayment documents (ECD, PDCs, bank mandate)