Features and benefits
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Unsecured loan
With no need to pledge assets as collateral, simply meet the criteria and submit documents to get approval in under 48 hours*.
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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.
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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. 50 lakh, helping you address your funding needs comfortably. What’s more, you can opt for a repayment tenor that ranges up to 96 months to ensure healthy cash flow. Our loans also have several other features designed to provide you with a comfortable and efficient borrowing experience.
Eligibility criteria and documents required
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Age
24 years to 70 years*
(*Age should be 70 years at Loan Maturity)
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Nationality
Resident Indian
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CIBIL score
Check your CIBIL Score for FREE685 or higher
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Work status
Self-employed
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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 Click on ‘APPLY ONLINE’ to go to the online application form
- 2 Fill in your basic information and enter the OTP sent to your registered mobile number
- 3 Fill in your personal and business information
- 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
