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 5% on Base Rate 9.72%..