Student Loan

 

Are you looking for a loan to put your child in school? Talk to our sales team at info at shikshafinance dot com

 

Eligible Amount? Student loans can be availed by parents to finance Tuition fees + payment to school towards Books, Uniform, Shoes, Bag etc.

 

For who? Group of Parents through a school or Group of parents through an employer.

 

How much? 80% of eligible amount, upto a maximum of Rs 30000/- per child, per academic cycle

 

Tenure 6 months – 10 months.

 

Interest rate % Determined on case to case, based on a customised credit assessment.

 

Processing fees % 2% of sanction amount, payable upfront, one time.

 

Repayment Through Employer: payroll deduction through employer or Through School: Escrow arrangement through school.

 

Documentation: KYC documents
Loan agreements + irrevocable bank mandate letter + Promissory note

 

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