School / College Loan
Running operations efficiently involves ensuring that the Schools/Colleges keeping their services up with the times. To fulfill your requirements we arrange loans for our clients in Educational business.
For running successful educational businesses or to Improve quality of education this loan gives financial assistance for Infrastructural needs ,working capital needs, construction, renovation, acquisition of educational institutes, hostels, food courts, play area, Auditorium, purchasing of laboratory equipment’s. Also, take-Over the existing liabilities and enhancement for further developments, purchasing of student travel buses and purchasing of new or existing educational institutions.
Features & Benefits
- Easy application process
- Minimal documentation is required to avail a loan.
- Exclusive offer of Balance Transfer.
- It is an excellent source of emergency funds
Who Can Apply For School/College Loan?
- Educational Trusts & Societies
- CBSE & Matriculation Schools
- Medical Colleges
- Arts & Science Colleges
- Engineering Colleges
- Nursing Colleges
- Business Schools
EMI Calculator
You can use the EMI Calculator to calculate your monthly installments way before you apply for a loan and have a definite estimate of your monthly payments well in advance.
Documentation Required for School/College Loan
Following are the documents you would need to submit for all applicants / co-applicants for the loan approval
| KYC |
|---|
| Photograph of main trustees/ promoters |
| Identity proof of main trustees/ promoters |
| Address proof of main trustees/ promoters |
| Registration & Deed for trust or society, as applicable |
| Income Proof (Last 3 years)- Attested By CA & Trustrees (PDF Format) |
| Income Tax Return |
| Computation of Income |
| Balance Sheet |
| Profit & Loss |
| Complete all Audit Report |
| 26 AS (2 years) |
| Last 12 months bank Statements, where fees are deposited |
| Class wise student strength & Fees for last 3 years in excel format |
| Other Documents (PDF Format) |
| Current loan SOA if any |
| School/College permissions as applicable |
All documents to be self attested. The above list is indicative in nature and additional documents can be asked for.
For quick apply to send all documents in PDF format to our email info@positiveally.in
Reasons to Avail School / College Loan with Posiitive Ally
- Connected with top private and nationalized banks & NBFCs, which helps you to get market’s most attractive & affordable loan.
- Enjoy the hassle-free experience with minimal documentation, doorstep document pick up at your desired location.
- Provide pre-loan & post loan support with advisory services.
- Quick turnaround time and complete secure process.