Documentation for Loan Process

  • Application FormDownload
  • Photo of Parents and Child (One Each)
  • KYC Documents – (Copy of PAN card, Passport copy, Driving Licenses, Telephone Bill, Bank Statement, Adhaar Card, Voter ID card)
  • Loan Agreement Kit
  • Re Payment Mode – NACH,Standing Instruction & PDCs (Post Dated Cheques)
  • Security Cheques
  • Processing Fee DD/ Cheque of 2%+ ST on Loan Amount
  • Documentation Charges & Govt Live (CERSAI ) Rs 500/-
EDUFEE - Product
Loans to Students of Private Creche & Pre- School To College
Loan amount Above Rs 20000/-
Tenor 10 Equated Monthly Instalments (EMI)
Rate of Interest (ROI) Competitive across Industry
Processing Fee Upfront one time Fee of 2% + ST on Disbursed Loan Amount
Mode of Loan Re Payment NACH,Standing Instruction & PDCs (Post Dated Cheques)
Penal Interest Penal Interest 2% pm on overdue amount In case of Delay Payment
Pre Closure Charges Pre Closure Charges 4% + ST on Principal Out Standing
Insurance Optional Insurance coverage of loan amount at the discretion of Parents

Terms and Condition : 1.Sanction of loans at sole discretion of the company 2.Edufeez is sourcing Partner of NBFC and Disbursement of Loan will be done from NBFC 3.Request to go through fine print of Loan Application & Loan Agreement Kit