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Bank of India

Star SME Education Plus

Bank Bank of India
Scheme Star SME Education Plus
Description ·        Construction, repair and renovation of building, purchase of Furniture & Fixtures and Computers for Educational institutions i.e Universities, Colleges and Schools
Eligibility Approved educational institutions i.e Universities, Colleges and Schools with 3 years Audited financials and record of profit making at least continuous two years
Rate of Interest & Repayment  
Collateral Minimum 1.5 ACR.
Composite /loan Limit Rs.10 lacs & Rs.500 lacs.
Margin 20%
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