School feels loan is a loan scheme which allows individuals of selected and reputable organizations to pay their school fees and that of their wards.
The loan can be used to fund Kindergarten to Tertiary schools and Professional courses. Duration for repayment is 4 months minimum and 10 months maximum. Workers who are schooling should provide undertaking from their employers.
Maximum amount allowed is up to 150 % of the bill amount. Total monthly repayment, both principal and interest installments must not exceed 40% of your total net take home pay.