U Microfinance Bank Ltd. brings affordable Private School financing for school owners. The ‘Sarmaya-e-Taleem’ loan allows private school owners to easily construct, expand, and renovate their owned school building; purchase furniture, equipment, and computers for the use of students; establish or expand computer labs with the purchase of hardware and software equipment; and improve educational standards with the training and development of teachers.
Salient Features:
- Loan facility of PKR 100,001 to PKR 3,000,000
- Loan duration of 1 to 7 years
- Ability to repay loan in easy and equal monthly installments
- Free credit life insurance available
Required Documents:
- Valid CNIC
- Two recent passport-sized photographs
- Hypothecation of school assets
- School registration/franchise certificate
- Current School Enrollment record
- Copy of fee structure
- Building ownership documents
- Copy of building utility bills
- 06 months’ Bank Statement
