A School Funding Loan is a financial aid option designed to help educational institutions cover expenses related to infrastructure, operational costs, expansion, or technological upgrades. These loans are typically offered by banks, government programs, and private lenders to ensure schools have the necessary resources to provide quality education. 

1. Infrastructure Loans – For building new classrooms,

laboratories, or sports facilities.

2. Operational Expense Loans – To cover salaries, utilities,

and daily administrative costs.

3. Technology & Equipment Loans – For purchasing computers,

smart boards, and lab equipment.

4. Expansion Loans – For opening new branches or adding

more grade levels. 

1. The school must be a registered entity.

2. Must have a good financial track record and revenue model.

3. Collateral may be required depending on the loan amount. 

1. Lower interest rates compared to regular business loans.

2. Flexible repayment terms based on school cash flow.

3. Helps improve the quality of education without financial strain. 

1. Society/Trust/Foundation & School

• Address Proof

• PAN Card

• Registration Certificate

• Bye Laws/Trust Deed

• List of Society Members/Trustees

• Schedule 1 if any changes in members

• Permission/Affiliation of school from Recognized Board like

• State Board or CBSE etc.

• Audit Report of last 3 years (Latest) of Society/Trust & School

• Income Tax Return of last 3 years (Latest)

• Students Strength Details & Fees Structure of last 3 years (Latest)

• Loan Statement if any loan is going on.

• Bank Statement of Society/Trust/Foundation of last 12 months.

• Bank Statement of School of last 12 months

• Bank Signature Verification.

2. Co-applicant : 2 Members from Society

• Aadhar card

• PAN Card

• 2 Photos

• Electricity Bill of Residence (Latest)

• Bank Statement of last 12 months

• Income Tax Return of last 3 years (Latest)

3. Property Documents

• Sale Deed/ Title Deed

• Chain Deed of property

• NA Letter from Govt. Authority

• 7/12 Extract (Latest)

• Sanction Building Plan (If Building is there on Land)

• Tax Receipt (Latest)

• If any documents required at the time of Scrutiny, will ask you

to submit.

4. In Case of Balance Transfer(BT) of Loan

• BT Loan Sanction Letter & SOA of that particular Loan a/c.

• Foreclosure Letter (FC)

• List of Documents (LOD)