Education Loans
Today without education, sustainability is not possible. So, for promoting education, Thardeep microfinance foundations offers its loan services to the poor parents of rural as well as urban who are not able to pay their children school/college/university admission, tuition or exam fees. For fulfilling such needs of the parents TMF is extending loans on easy terms and conditions.
Education Laon covers:
- For payment of school fees and related expenses
- Established private schools Renovation
- Purchasing of School assets
Loan Eligibility |
|
Lending Methodology | Individual |
Loan Amount | Minimum Loan Amount: 50000 Maximum Loan Amount: 500000 |
Loan Duration | Minimum: 06 months Maximum: 12 Months |
Repayment Frequency | Equal monthly based installments |
Collateral/Tangible Guarantee | Up to Loan amount of Rs. 100,000 Requirement of Guarantor Non-Family Member Bank cheques and statement as per loan policy and procedure Guarantor must be a Government employee or Market shop keeper |
Disbursement and Recovery | Bio metric disbursement in 1 to 3 days after the appraisal Easy repayment through ADCS channel and Mobile account |
Insurance | Client Life covered as per loan Amount |