Features and benefits

  • Unsecured loan

    Unsecured loan

    With no need to pledge assets as collateral, simply meet the criteria and submit documents to get approval in under 24 hours*.

  • Personalised loan deal

    Personalised loan deal

    Avail of a pre-approved offer on the Bajaj Finserv loan for schools to hasten loan processing and quicken loan disbursal.

  • Flexi benefits

    Flexi benefits

    With the Flexi loan facility available on a school loan, you can borrow from your sanction at any time at no additional costs.

  • Online loan management

    Online loan management

    Log in to our online customer portal and track your loan information at your convenience.

Running a school efficiently involves ensuring that the institution is keeping up with the times. This means upgrading the infrastructure, renovating older parts, constructing new educational wings, investing in technology, adding amenities, and so much more.  All of these undertakings are costly, but you can easily handle these expenses when equipped with a school loan by Bajaj Finserv.

This instrument offers you a sanction of up to Rs. 45 lakh, helping you address your funding needs comfortably. What’s more, you can opt for a repayment tenor that ranges up to 84 months to ensure healthy cash flow. Our loans also have several other features designed to provide you with a comfortable and efficient borrowing experience.

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Eligibility criteria and documents required

  • Age

    Age

    24 to 70 years
    *Age should be 70 at the time of loan maturity

  • Nationality

    Nationality

    Resident Indian

  • CIBIL score

    CIBIL score

    Check your CIBIL Score for FREE

    685 or higher

  • Work status

    Work status

    Self-employed

  • Business vintage

    Business vintage

    At least 3 years

You will need the following documents to apply:

  • KYC documents
  • Business proof: Certificate of business ownership
  • Other financial documents

Interest rate and charges

Bajaj Finserv Business Loan for schools comes with nominal interest rates and no hidden charges. For a complete list of the fees applicable, click here.

How to apply

Apply for this loan in just a few quick steps.

  1. 1 Click on ‘APPLY ONLINE’ to go to the online application form
  2. 2 Fill in your basic information and enter the OTP sent to your registered mobile number
  3. 3 Fill in your personal and business information
  4. 4 Upload the last 6 months bank account statements and submit the application

Our representative will call you shortly after to offer further loan processing instructions.

*Conditions apply

**Document list is indicative