Vishwas Shakti Loan Rates

Avail our Education Loan Serves to pay your child’s Private School Fee/International School Fee/College Fee/Tuition Fee/Coaching Classes Fee.

  • Loan Limit : Maximum upto Rs.1 Lakh
  • Loan Tenure Duration : For 36 months & for 60 months
  • EMI : Rs.3,350/- For Loan Duration of 36 months, Rs.2,250/- For Loan Duration of 60 months
  • Pre-Payment Facility : Can pay additional amount apart from EMI
  • Rate of Interest : 12% (Rebate of 1%)
  • Process Fee : 1% + 18% GST
  • Penalty Charges : 3% (if closed before 1 year)

  • Having an experience of at least one year of business.
  • I.T. Returns for last three years.
  • Six months Bank statement of Business Account.

    -Co-Applicant :
  • Spouse/Parents/Blood Relatives of the applicant can be taken can be taken as co-applicant.

    -Guarantors :
  • Two Financial strong Guarantors Required

Duly filled form with :
  • Income proof of Applicant and Guarantors
  • Residential Proof of Applicant and Guarantors
  • PAN card of Applicant and Guarantors
  • KYC of Applicant and Guarantors
  • Salary Undertaking from the Company
  • 10 PDC cheques
Other Charges :
  • One upfront EMI, Franking Charges, Personal Insurance of Borrower
  • Borrower and Co-Borrower : Regular Membership Fees @ 5% of loan amount (for Loan amount above 5 Lakhs). And 2.5% of loan amount (for Loan amount below one Lakh)
  • Guarantors : Nominal Membership.