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Loan For School | Varthana

Loans For Private Schools

Varthana’s loans for private schools are flexible and easy to obtain.The loan amount can be used by school owners to build modern infrastructure and facilities. We do have a set of eligibility criteria along with some guidelines for the maximum loan amount and repayment options.


    Loan For School – An Overview

    Many Indian lenders (Banks, NBFCs, or other financial institutions) offer a loan for schools so that they can expand and provide greater opportunities to students. Varthana is one such company that has become one of the best school loan providers in India. We aim to make the process of getting a loan for schools simple and easy. Loans for private schools are given out to the private institute owners of the school, colleges, or universities for improving their infrastructures like construction of new buildings or classrooms, renovation of existing buildings, purchase of land, furniture, computers, labs equipment, or upgradation of sports facilities.

    Varthana offers you two types of loans for private schools:

    Secured loan for school

    A type of loans for private schools is provided to the institutes in which borrowers must mortgage a property in exchange (known as collateral) for a loan for school from the lender. The school loans for private schools can be used for the construction of new school buildings, new classrooms, purchase of land for school expansion, setting up of computer and science labs, buying of vehicles like school buses and vans, and many more.

    Features of Varthana’s secured school loans


    You can avail up to 2 crores of private school loans for larger school projects


    Payback in easy monthly installments up to 6 years


    We offer convenient and doorstep service


    A dedicated relationship manager will be assigned to you


    The loan accepts a wide range of collateral

    Unsecured loan for school

    Unsecured school loans are provided to affordable private schools and no collateral is required. Loans for private schools can be used to purchase furniture and equipment such as computers, desks or tables, LCD projectors, fans, classroom digital boards, sports equipment, science lab materials, and smart classes, among other things. It can also be used to install CCTV, purchase new IT software or hardware infrastructure, build restrooms, and many more things. If you are still unsure about how to get a loan for a private school, contact Varthana.

    Documents required for private school loans


    KYC documents


    Relevant business financial documents


    Proof of business: Incorporation or registration certificate


    Bank account statements of up to 12 months


    Depending on the type of loan, collateral documents may be required

    Varthana’s loan process

    Our loan for school process is divided into 4 steps:

    1. Enquiry


    You can enquire about the school loan by visiting Fill out and submit the contact form or give a call to us on 080-68455777. Our customer support team will call back to you within 4 hours of business day (Mon-Fri, from 9.30 am to 6.30 pm) seeking detailed information and will assign a dedicated relationship manager to fulfil your school loan needs.

    2. Document collection


    Our dedicated relationship manager will call you up or write you a mail, and fix up an appointment to understand your requirements and advise you on necessary documents required for the loan. Post receiving the documents the file will be processed.

    3. Loan approval


    After a thorough understanding of the proposed project, necessary due diligence and loan eligibility calculation, school loan would be approved in principle

    4. Loan disbursement


    Upon client’s acceptance for the approved loan amount and along with completion of disbursement documentation, the loan would be disbursed

    Why Varthana


    Varthana is India’s largest specialised school finance company. We make quality education


    We operate in 15 states and are recognised as one of the top school loan companies in India, having assisted over 4000 private schools to date.


    Our best school loans are flexible to meet the needs of private schools


    We also offer academic and management support designed for individual schools

    Frequently asked questions (FAQs) of school loan

    No. You cannot get a loan to open a new school. 

    A minimum 3 years of existence is required to avail any loans from banks, NBFCs or any other financial institutions.

    Depending on the eligibility and creditworthiness of the school. The school loan amount is sanctioned.

    You can apply for school loans by visiting and by filling out an enquiry form or reaching us at 080-68455777

    Depending on the eligibility criteria and type of school loan, we have tenures starting from 3-6 years

    The whole school loan process may take 5-7 days.

    The school loan amount will be repaid to the lender through Easy Monthly Installments (EMIs) over the course of the loan’s term. The loan can be paid back using the Electronic National Automated Clearing House (e-NACH) or Post-Dated Cheques (PDCs).

    The rate of interest is calculated using an array of factors such as loan amount requested, type of school loan, collateral type offered, loan tenure chosen, the future cash inflow of the school, loan repayment history, and so on.

    Yes, you can apply for a school loan online through Varthana’s website. Simply visit our contact page and complete a quick enquiry form in just 2 minutes. Within 24 hours, our customer support team will reach out to assess your needs, address any queries, and assist you in initiating your online school loan application. Visit our page to learn more

    The documents required are:

    • Completed School Loan Application form with photo
    • Proof of Identity: Aadhaar card, PAN card, Driver’s license, Voter ID, or Passport
    • Proof of Age: Birth certificate, Voter ID, or School/college leaving certificate
    • Proof of Address: Passport, Aadhaar card, Voter ID, Landline bill, Rent agreement, Driver’s license, Bank statement, Utility bill
    • Ownership Proof: Incorporation or registration certificate
    • Additional Documents: Collateral documents for secured loans
    • Income Proof: Bank statements for up to 12 months and any other relevant financial documents

    We provide a dedicated relationship manager who will help you with the school loan application process and make sure all the necessary paperwork is completed at every step. Visit our page to learn more

    No, there are currently no specific tax benefits for private school loans in India. However, educational institutions that operate solely for charitable purposes and do not engage in profit-making activities are exempted from taxation under sections 11, 12, and 13 of the Income Tax Act, 1961.

    Yes, you can apply for a school loan even if you have a low credit score. However, approval will depend on Varthana’s specific criteria and policies.

    To apply for a school loan with Varthana, you need to:

    • Have a school with at least 3 years of business vintage and 200+ students.
    • Be an Indian citizen aged 26-70 years.
    • Run the school through a promoter, association, or trust.