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National Toll Free No1800 425 00 000

IB Vidhya Mandir

IB Vidhya Mandir

Eligibility Reputed Educational institutions (MSME – Service Sector / Social Infrastructure)
Amount of Loan Maximum Rs.300.00 lacs
Margin Upto Rs.2.00 lacs – Nil

Above Rs.2.00 lacs – *Equipments 10% –*Building 25% (land should be owned)

Interest Rates Please see the interest rate link on the home page
Repayment Maximum 120 months including moratorium period
Security Up to Rs.2 lakhs :

Personal guarantee of Promoters

For above Rs.2 lakhs :

EM of school Building /other collateral securities

Salient Features To finance construction of pucca building with reinforced Cement Concrete (RCC) roofing or upgradation of thatched roofing of school buildings with alternatives like asbestos cement sheets, fibre glass, GI sheets, red mud plastic sheet , Acquisition of all the equipments (Project cost may include cost of security equipment / fire alarm / fire extinguisher etc.)

( Last modified on Mar 16, 2019 at 02:03:19 PM )