Loans

Varthana’s loans are custom-built to suit the wide range of projects that help you take your school to the next level of quality, infrastructure and access

Loans

The real power of the “wide range” emerges when school entrepreneurs begin thinking about the things that they could do with the loans. Right from construction, to renovation, to adding infrastructure – a new library or playground, labs, smart classes, teacher training programs or school buses, they just need to dream it and we are ready with the funds. Working singularly with the APS segment gives us a deeper understanding of our customers and the school context, which in turn informs the way we design our products, processes and services – customized and relevant.

 

We extend support for the purchase / development of
the following and more:

  • Computers, printers, other related hardware
  • Benches, tables, chairs, other furniture
  • Didactic materials and/or learning solutions
  • Library Books
  • Laboratory Equipment
  • Construction of additional classrooms/infrastructure
  • Renovation
  • Smart Classrooms
  • Purchase of a playground & play equipment
  • Purchase of a new or used school buses

Secured

Loan Amount: Greater than Rs. 5 lac Tenor: Up to 5 years

Eligibility:

  • Enrollment of at least 500 children
  • At least 2 years of existence
  • Proven ability to repay the loan EMI
  • Pass percentage of at least 80% in class X (or the highest class in the school)
  • Acceptable security
  • 85% of the project cost can be
    funded

Unsecured

Loan Amount: Up to Rs. 5 lac
Tenor: Up to 3 years

Eligibility:

  • Enrollment of at least 300 children
  • At least 2 years of existence
  • Proven ability to repay the loan EMI
  • Pass percentage of at least 80% in class X (or the highest class in the school)
  • Proper quotations/estimates will be required as proof; loans will be given up to 75% of the invoice price.