Budshah Primary Education Finance

To provide opportunity to children to have good quality primary education.

Eligibility :
	Child should be 3+ years of age. The applicant should produce a Certificate from the concerned school that the child has been granted Admission. The loan application should be forwarded by the Principal of the School. The parent/guardian should have an independent regular source of income. The school should be recognized/ registered.
Loan Details
	Coverage of expenses To finance the entire cost of education of a child including school fee, uniform, books, etc. Quantum Primary Education (Private School) - Maximum Amount Rs.30,000 Primary Education (Government) - Maximum Amount Rs.2,000 Secondary Education (Private School) - Maximum Amount Rs.25,000 Secondary Education (Government) - Maximum Amount Rs.5,000 Margin 10%. Security Personal guarantee of the parent/guardian. Third Party guarantee of one person (Third party guarantee shall not apply in case of Government employees drawing salary through our branches) Processing charges 0.05% of the amount sanctioned with a minimum cap of Rs 25/- to be paid upfront
Rate of Interest
	PLR quarterly rests.
Repayment
	12 equal monthly installments. There shall be no moratorium period