Institutional / School Loan (K-12 Loan)

IESC offers flexible institutional loans designed by leading Banks & NBFCs to meet the specific needs of your institutions. IESC provides loan facility to improve your infrastructure to meet the expectations of students and meet the requirements of Government regulatory authority. We bring to you comprehensive loan solutions that will help your institution scale new heights of growth and success.

Product Details

Features

  • We provide you both secured and unsecured school finance loans as per your requirement.
  • Loan Amount- Secured loans up to Rs. 7 crores. Unsecured loans up to Rs 25 lacs.
  • Interest Rate- ROI varies from lender to lender and is curated as per the borrower’s needs and eligibility.
  • Tenure- EMI options 36 Months/60 Months/84 Months/120 Months/180 Months (However, this tenure varies from lender to lender)
  • Collateral- Loans can be either secured or unsecured, i.e., you may or may not be required to mortgage a collateral to avail of the loan. The lender curates the loan as per the collateral capability of the borrower. Wide range of acceptable collaterals.
  • Loan to Value (LTV)- of up to 80% of market value of collateral. (However, LTV varies from lender to lender)

Purpose

  • Purchase School / College
  • Purchase of Land & Building for School/Institute
  • Building Construction
  • Renovation of Building and upgrade existing infrastructure
  • Purchase of Furniture & Other Equipment
  • Balance transfer of your existing loans

Eligibility

  • School recognized by State or Central Board
  • Positive Cash Flow. Underwriting based on actual cash flow analysis of the school, rather than analysing the traditional way of approving loans.
  • Committed Management.

Documentation

  • KYC Documents –ID proof, Residence proof & Pan card
  • Banks statement – Individual, Society, Trust, School
  • Financial documents – ITR / Audit report (If applicable)
  • Constitution Documents – Bye-Laws of Society / Trust, Member list, Copy of recognition and affiliation certificates.
  • Collateral (for Secured Loan Ony)- Collateral Security documents as per legal & technical report.
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