Loans for Private Schools

High quality education is often attributed to schools having state-of-the-art infrastructure and modern amenities. To upgrade your educational institution to fine standards or to accommodate the growing influx of students, you might have to improve on or expand the existing architecture and incorporate structural enhancements. This requires a reliable source of funding with customized terms at competitive interest rates, delivered in a hassle-free manner.

Capital Float presents School Loans, a collateral-free finance product for schools in India to meet your ever-growing expansion needs. You can apply online in minutes, select desired repayment terms and receive funds in your bank accounts within 3 days. With quick funds at your disposal, your institution can now scale new heights of growth.

Features

Instant Financing up to ₹50 lakhs

Whether your credit need is limited or extensive, we have got you covered. With Capital Float’s loans for schools, your institution is eligible for a loan amount up to ₹50 lakhs.

Extended Loan Tenure of 3-5 years

You can opt for a suitable repayment tenure of 36 – 60 months, depending on the loan amount you procure from us and the nature of your business need. For a vintage of 3 years, you can get credit ranging from ₹10 lakhs - ₹25 lakhs, and for a vintage of 5 years, you can avail an amount from ₹25 lakhs - ₹50 lakhs.

Easy, Hassle-free Loan Application

The School Loan application process is very simple and completely online. Fill up a basic request form that takes under 10 minutes and submit the few requested documents digitally.

Customized Credit Criteria

Every business operates differently, and so do schools. We at Capital Float understand this well, and have tailored our credit underwriting to suit your needs.

No Pre-Closure Charges

Unlike traditional lending institutions, we do not levy any pre-closure charges should you decide to close your loan obligation ahead of the pre-decided date.

72-Hour Disbursal

Our data-driven competencies and team of highly skilled professionals assess your creditworthiness optimally, and disburse credit within three working days.

Eligibility Criteria

The terms that need to be met for availing this school financing option are simple and user-friendly, given below:

  1. Only regular, private schools that have fully functional classes from LKG to 8th/10th/12th grades are eligible
  2. Annual fees collected must be greater than ₹75 lakhs
  3. The educational institution should be situated on own property
  4. School should be run by promoters or a trust

How to Apply

  • Click on ‘Apply Now’.
  • Fill in the Sign Up form. This takes less than 10 minutes.
  • Upload the requested documents.
  • Find the required loan amount in your account within 3 days!

Documents Required

Fretting over physical documentation is a thing of the past. With Capital Float, simply upload the digital versions of these documents at the time of application:

  1. Financial statements for the last 2 years
  2. Bank statement for the previous year
  3. KYC of promoters (minimum 2 members)
  4. Fee structure for students
  5. Salary structure for staff

Fees and Charges

At Capital Float, we pride ourselves on conducting business in the most transparent manner. For any loan you avail, you’re only obligated to pay a processing fee of up to 2% for the loan. There are no hidden or pre-closure penalties during or after your application procedure.


Apply Now