It is type of service loan loan this loan invest for school sector.
1. The time period of this loan is 1-5 years and above 10 lakhs 5-10 years.
2. Customer can borrow 60% of valuation amount.
3. Customer can pay interest and principal monthly/quarterly.
4. Service charge of this loan is 2%.
5. Interest rate must added 6% on Base Rate 10.70%.