| PURPOSE | 
                    Construction of school building/ AuditoriumRepair /Renovation of Existing BuildingPurchase of books /Manuals /software and other training materialPurchase of Computers and other related equipmentsPurchase of Laboratory EquipmentsPurchase of Furniture/Fixed Assets/ Sports EquipmentsEquipments for Mid Day Meal SchemesPurchase of buses for student transportation | 
  
            
                | ELIGIBILITY | 
                        Govt. Aided SchoolPrivate School/Colleges School /College run by Trust of goodstandingTechnical institute recognised by AICTE/NBA/MCIMore than one loan can be granted subjects to repayments capacity as stipulated | 
  
              
                | QUANTUM OF FINANCE | 
                        Max: Rs. 1 Cr.Minimum DSCR :1.75 | 
              
                | MARGIN | 
                       Min:: 15% of Project Cost
                       
                     | 
 
              
                | INTEREST RATE | As prescribed by the Bank, Interest will be applied on monthly compounding basis   |