Education Loans

In today’s world, sustainability is only possible with education. Thardeep Microfinance Foundation offers loan services to low-income parents in rural and urban areas who struggle to afford their children’s school, college, university admission, tuition, or exam fees to support this crucial need. To help ease this financial burden, TMF provides loans with simple and affordable terms, making education more accessible for needy families.

Education Loan covers:

  • For payment of school fees and related expenses
  • Established private schools Renovation
  • Purchasing of School assets

Loan Eligibility

  • Age between 18 and 65 years
  • Valid CNIC of borrower
  • Valid CNIC of Guarantor
  • Must be a permanent resident of the same place for the last two years
  • Social/Tangible Guarantee as per policy

Lending Methodology

  • Individual

Loan Amount

  • Minimum Loan Amount: 50,000
  • Maximum Loan Amount: 250,000

Loan Duration

  • Minimum: 06 months
  • Maximum: 12 Months

Repayment Frequency

  • Equal monthly instalments

Collateral/Tangible Guarantee

  • Up to Loan amount of Rs. 50,000:
  • Requirement of Guarantor
  • Non-Family Member
  • Bank cheques and statements as per loan policy and procedure
  • The guarantor must be a government employee or market keeper.

Disbursement and Recovery

  • Biometric disbursement in 1 to 3 days after the appraisal
  • Easy repayment through the ADCS channel and Mobile account

Insurance

  • Client Life covered as per loan amount.