we want to start a school controlled by a charity, can we get a loan from any bank India ?



we want to start a school controlled by a charity, can we get a loan from any bank India if we can get please suggest which bank provide such loan and what is the procedure thank you.

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2 Replies to “we want to start a school controlled by a charity, can we get a loan from any bank India ?”

  1. Getting Funds from a commercial bank in India for a School project in India should not be problem -provided you have a viable project! Hire a suitable professional who has knowledge of bank funding norms and local Laws and Rules for the purpose. Have a project report done and then approach a commercial bank -private or public sector. Education is one of the priority and infrastructure subject and the strength/merits of your project can get you needful funding at good rates. We have in India about 20+ good public sector banks besides plenty of private sector & regional commercial banks with vast coverage of branches across the country.


  2. Getting a loan for school is not a problem subject to viable project where repayment
    of bank is fully secured.Facilities such as building etc & margin requirement towards own contribution is also looked in.Besides,this a suitable guarantee acceptable to the bank is
    most essential & the borrowing powers of the institution are the main factors to consider
    the loan request.





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