For Institutions

Problem Area

  • Institutions have an irregular cash inflow spread over the whole year.
 
  • Scattered fund collection results in inefficient use for the institution.
 
  • Heavy costing of resources on collection of fees.
 
  • Some amount results in bad-debts.
  • Only few loan facilities available due to Trust/Society structure.
 
  • Very high interest rate options available in the market.
 
  • Heavy infrastructure cost & maintenance requires long-term financial planning.

Why EdCred for Institutions?

Scattered cash inflow gets consolidated to help fund capital expenditure & other future expansion plans

The funds can be deployed in Liquid funds/schemes to get significant returns and still be available for use at any point of time.

No deployment of useful resources in fees collection

Avoid difficult situations with parents regarding fees collection and thus, avoid any chances of bad-debts

Our Products

Fee Loans

Fee loans is a service provided to the parents to pay the tuition fees on their behalf directly to the educational institution. To avail this service, institution needs to partner with EdCred & the parents need to agree to take the loan.

Receive annual fees in the beginning of the year

Get relief from the responsibility of fee collections

Fees to be paid directly to the institution on behalf of the parent .

Unsecured Funding

This is an unsecured loan given to the institute based on the promoters/directors profile, school’s current cash flows, income & expenses.

Loan Amount- Upto 10 Lacs

Tenure- Upto 2 years

Processing Fee- 3%

Interest Rates- 22%-26% (Reducing)

Secured Funding

This loan is given to the institute against the immovable property after assessing the promoters/directors profile, school’s current cash flows, income & expenses.

Loan Amount- Upto 50 Lacs

Tenure- Upto 7 years

Processing Fee- 3%

Interest Rates- 17%-20% (Reducing)