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Indian School Finance Company Private Limited

Play School Loans

Play schools are playing an important role in preparing young toddlers for formal school education. Right atmosphere, better educational toys and teaching techniques differentiate good and better play schools.

Parents are very particular about sending their wards to play school which provide hygienic eniovrnment, safe and better school spaces, trained teachers which is very important at this tender age of mind development.

Realising the growing demands of parents, play schools are investing in learning toys and innovative curriculum.

If you are planning to start a play school or are planning to upgrade your infrastructure, we can provide you loan to fund your dream project. Our customised loans can help you achieve your goals.

Product Details

Characteristics
  • Secured loans upto Rs. 15 lacs.
  • Unsecured loans upto Rs 5 Lacs.
  • EMI options upto 60 Months.
  • Wide range of acceptable collaterals.
  • Loan to Value (LTV) of upto 80% of market value of collateral.
  • Loan disbursement through NEFT/RTGS.
  • No foreclosure charges upto 25% of the loan amount.
Purpose
  • Purchase of Land & Building for Play Schools.
  • Construction of Building/Additional Rooms.
  • Renovation of Building and existing infrastructure.
  • Rent Deposit of taking space on lease.
  • Purchase of Furniture & Equipments.
  • Purchase of Hardware and Software contents.
  • Balance transfer of your existing loan liabilities.
Eligibility
  • Minimum Monthly Fee of Rs 500 per student.
  • Minimum student enrolment of 100.
  • Strong operational income and Committed Management.
  • Good repayment track of existing loans (if any).
Documentation
  • Duly filled in Application form.
  • KYC Documents –ID and Residence proof of applicant and co-applicant.
  • Latest 6 months Banks statement of applicant and co applicant.
  • Pan card of applicant and co applicant.

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