School Loan Companies in India | Private School Loan Companies

School Loan Companies in India | Varthana

Varthana, one of the leading school loan companies in India, believes that better infrastructure leads to higher enrollment, and that with our school loan, your institution can provide quality education for students’ overall growth. We are here to help school owners in improving their infrastructure and educational quality.

    GET IN TOUCH









    Private School Loan Companies

    Varthana, one of the largest education-focused school loan companies in India, provides customised loans to affordable private schools for infrastructure improvements such as the construction of new buildings or classrooms, the rehabilitation of existing structures, the purchase of land, furniture, computers, lab equipment, or the upgrading of sports facilities.

    The desire and motivation to pass on knowledge is a moral endeavour that should not be limited by financial restrictions. By utilising our expertise in the education sector, Varthana brings you closer to modern infrastructure and facilities. And, not just infrastructure, quality of teachers, teaching methodology and reputation of the school are the main criteria for any parent or student considering admission.

    There are some of the best private school loan companies available in the market, however, what makes Varthana stand out is that our school loan can be used for everything from constructing a new building, renovating and repairing existing structures, expanding the premises, or anything else along the same lines. We will help you in your journey to make learnings more accessible for all!

    Varthana Loan: Features and Benefits

    null

    Avail of up to 2 crores of school funding for larger school projects

    null

    Quick and hassle-free loan with fast approvals

    null

    Wide range of acceptable collaterals

    null

    EMI options up to 6 years

    null

    Construction of a new building, classroom, renovation of existing buildings and existing infrastructure

    null

    Purchase of school equipment such as benches, desk, water coolers, bus, school van etc

    null

    Furniture and equipment purchases

    null

    Funds for the expenditure involved in teacher training facilities

    null

    Recreation facilities for students

    null

    Doorstep service with Dedicated relationship manager

    Process followed by school loan companies in India:

    Here’s the process Varthana, one of the largest school loan companies in India, follows:

    1. Enquiry

    null

    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 you back and address the query within the time period of 4 hours of the business day (Mon-Fri, from 9.30 am to 6.30 pm. We will seek detailed information and assign a dedicated relationship manager to fulfil your school loan needs.

    2.Requirement understanding and documentation collection

    null

    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. Now sit back and relax!

    3. Loan approval

    null

    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

    null

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

    Documents asked by school loan companies

    null
    null

    KYC documents

    null

    Relevant business financial documents

    null

    Proof of business: Incorporation or registration certificate

    null

    Bank account statements of up to 12 months

    null

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

    Frequently asked questions (FAQs) of school construction loan

    Varthana school loans can be used for anything from building a new structure to renovating and repairing existing structures, expanding the premises, or anything else in between. But, you cannot get a loan to open a new school. A minimum of 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.

    Yes, you can use a loan for construction of a new school building or new classrooms.

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

    The school loan would be approved in principle after a thorough understanding of the proposed project, necessary due diligence, and loan eligibility calculation. The loan would be disbursed upon client acceptance of the approved loan amount and completion of disbursement documentation.

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

    Varthana is one of the leading school loan companies in India, The whole school loan process takes only 5-7 days.

    The school loan payments will be calculated based on the amount of the loan requested. The 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.