Private Institution Finance

Financing Facilities for Educational Institutions up to Pkr 1 Million

Financial facilities are extended under institutional collaboration for sanitation improvement in individual houses as well as common facility improvements in housing colonies. Sanitation improvements under common facility drinking water project, water filtration plant, improvement of water tanks, and sewerage systems; while individual housing improvements can include maintenance/renovation in kitchen, electricity cables, etc. This product is offered under institutional collaboration and in specific geographical locations, wherein financial facilities are clubbed with infrastructural technical support.

Eligibility Criteria

Valid CNIC
Age between 18-64 years
Business experience of at least 3 years
Entrepreneurs operating Private Schools, Tuition Centers, Technical Education Centers, etc.
School Fee Management through the Branch;

Type of Credit

Short to Medium Term Finance
Running Finance

Purpose of Credit

Construction/renovation of institution building;
Purchase of furniture, equipment, computers, etc.
Establishment/expansion of labs;
Purchase/repair of school van;
Education quality enhancement tools: Teacher training and development, software and hardware equipment, technical assessments, curriculum improvement.

Lending Methodology

Individual Basis

Loan Amount

Minimum: Pkr 150,001
Maximum: Pkr 1 Million

Loan Tenor

Up to 60 months

Loan Repayment

Term Loans:

Equal Monthly Installments
Equal Quarterly Installments

Running Finance:

Annual clean-up on renewal/roll-over
Monthly / Quarterly Service Charge Payment

Collateral

Personal Guarantees
Cash/Near Cash Instruments
Property (residential, commercial and agriculture land)

Other Benefits

Credit Linked Life Insurance

Other Terms & Conditions Apply

Financing Facilities for Educational Institutions up to Pkr 1 Million

Loans

Deposits

Insurance

Other Products & Services

Banking on Education

SBP Regulations

Eligibility Criteria	Valid CNIC Age between 18-64 years Business experience of at least 3 years Entrepreneurs operating Private Schools, Tuition Centers, Technical Education Centers, etc. School Fee Management through the Branch;
Type of Credit	Short to Medium Term Finance Running Finance
Purpose of Credit	Construction/renovation of institution building; Purchase of furniture, equipment, computers, etc. Establishment/expansion of labs; Purchase/repair of school van; Education quality enhancement tools: Teacher training and development, software and hardware equipment, technical assessments, curriculum improvement.
Lending Methodology	Individual Basis
Loan Amount	Minimum: Pkr 150,001 Maximum: Pkr 1 Million
Loan Tenor	Up to 60 months
Loan Repayment	Term Loans: Equal Monthly Installments Equal Quarterly Installments Running Finance: Annual clean-up on renewal/roll-over Monthly / Quarterly Service Charge Payment
Collateral	Personal Guarantees Cash/Near Cash Instruments Property (residential, commercial and agriculture land)
Other Benefits	Credit Linked Life Insurance