Any resident Pakistani with a valid CNIC/NICOP

• The School or Institute must be registered with a relevant authority i.e. Board of Education or TEVTA, etc.
• The building should be suitable for at least five classes
• The school building can be owned or rented
• Minimum 05 teachers should be currently working with the school on a full-time basis for at least the past one year
• Minimum 100 students should be enrolled on average for the last one year
• Should be fully operational since the last two years

The age limit requirement is 18 – 68 years at the time of loan application and loan maturity respectively

The customer will be required to follow the following steps:

1. Visit the nearest U Bank branch
2. Provide the required KYC documents
3. Provide the collateral details
4. Sign the loan application form and submit

The following documents are required:

• Copy of CNIC/NICOP marked as original, seen by authorized U Bank staff
• Two recent passport-sized photographs
• School-related documents
• School registration or franchise certificate
• Partnership deed & partnership mandate in case of partnership
• Copy of current School Enrollment Record – In / Out Register
• Copy of fee structure
• Building documents or rent agreement
• Copy of the electricity bill of the school building (not older than 3 months)
• Bank statement for the last 06 months (if available)

1. Loan Application Fee
2. Processing Fee
3. Collateral Valuation Charges
4. Legal Opinion Fee (where applicable)

Mortgage on residential, agriculture, commercial property, gold, or lien on savings, TDR, etc.