A school loan is a financial instrument specifically designed to provide funding for the construction, expansion, or renovation of educational facilities. These loans are essential for educational institutions aiming to create a conducive learning environment, improve infrastructure, and accommodate the growing needs of students and faculty.
Lenders may require collateral or guarantees to secure the loan. For public schools, the backing of government or educational authorities may serve as collateral. Private institutions may need to provide additional assurances.
Here the associates of Shree Tirupati Balaji Finance Company (STBFC) provide you with the best services. Experience hassle free paperwork, faster processing and faster loan disbursal.
Current interest rates are 15% to 21%. Interest rates vary depending on loan amount, creditworthiness, presence of collateral, etc.
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