Loans For Educational Institutions | Varthana

Loans For Educational Institutions| Varthana

Varthana has designed special loans for educational institutions in India like affordable private schools. These schools have specific requirements, and at Varthana, we understand that taking care of the school, teachers’ fees, constructing a new building, purchasing equipment and funding all these areas can be difficult.

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    Varthana loans for educational institutions

    Varthana finances educational institutions in India that help children from low-income families get access to quality education. We finance the construction of school/college buildings, hostels, laboratories, administrative offices, and other buildings that are attached to the said institutions, as well as the purchase of furniture, computers, books, and other educational materials.

    Varthana offers you two types of loans for educational institutions:

    Secured loans for educational institutions

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    Convenient loans as per your needs

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    Payback in easy monthly installments

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    Doorstep service

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    Dedicated relationship manager

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    A wide range of collateral accepted

    Unsecured loans for educational institutions

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    No collateral

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    Purchase furniture and equipment like computers, desks or tables

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    Invest in teacher training

    Loans for educational institutions: Feature and benefits

    Secured loans

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    Mortgage a property and get this type of loans for educational institutions to hasten loan processing and quicken loan disbursal.

    Unsecured loans

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    With no need to pledge assets as collateral, simply meet the criteria and submit documents to get approval. The whole school loan process may take 5-7 working days.

    Flexi benefits

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    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).

    Interest rates

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    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.

    Documents required for private school loans

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    KYC documents

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    Relevant business financial documents

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    Proof of business: Incorporation or registration certificate

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    Bank account statements of up to 12 months

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    Depending on the loan type-collateral documents are required

    Loans for educational institutions process:

    Our loans for educational institutions process is divided into 4 steps:

    1. Enquiry

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    You can enquire about the school loan by visiting www.varthana.com. 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.Requirement understanding and documentation collection

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    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

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    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

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

    Why Varthana

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    Varthana is the largest specialised school finance company that offers loans for educational institutions in India.

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    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.

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

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    We also offer academic and management support designed for individual schools

    Frequently asked questions (FAQs) of school loan

    Call us at 080-68455777 or visit www.varthana.com and fill out an enquiry form to apply and know more about Varthana school finance. We are India’s top school finance company.

    Varthana, India’s leading school finance company, promises to be one of the best loan providers only catering to affordable private schools.

    Depending on the school loan eligibility criteria, creditworthiness, loan amount, usage of loan we have tenures starting from 3-6 years

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

    Whatever the amount of the school loan, it 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 National Automated Clearing House (NACH), or Post-Dated Cheques (PDCs).

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

    No. You cannot get school finance 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.