School & College Funding

School & College Funding

School & College Funding is a specialized financial solution designed to help parents and students manage the rising costs of education. From tuition fees and hostel charges to books, laptops, and other academic expenses, this loan ensures that quality education remains within reach without straining your family’s savings.

With flexible repayment options, competitive interest rates, and quick approval, Relook School & College Funding is tailored to support education at all levels — whether it’s school fees, undergraduate studies, professional courses, or higher education abroad.

Investing in education today secures a brighter future tomorrow. Our School & College Funding loans are designed to provide financial stability so that students can focus on their studies while parents have peace of mind.

0.25% to 2% of Loan Amount

Loan Processing Fees

Nil

Loan Cancellation

As per actual

Legal Fees

Nil to 4% (According to bank / NBFC)

Foreclosure

Features and Benefits of Our School & College Funding

  1. Comprehensive Coverage:
    1. Funds can be used for tuition fees, hostel charges, books, uniforms, laptops, and other academic expenses.
  2. Affordable EMIs:
    1. Repay in easy monthly installments without putting pressure on family savings.
  3. Flexible Tenure:
    1. Choose repayment tenure ranging from 1 to 7 years based on your financial capacity.
  4. Quick Approval:
    1. Minimal documentation and speedy disbursal to ensure no disruption in your child’s education.
  5. Better Accessibility:
    1. Funding available for school, college, professional courses, and even higher studies abroad.
  6. Build Future Credit:
    1. Timely repayment strengthens your credit score and financial profile.

Eligibility Criteria for School & College Funding

At Relook Leasing & Finance Pvt. Ltd., we provide easy and flexible funding options for education. Here’s what you need to qualify:

Age:

Applicant (student or parent/guardian) should be between 21 and 60 years at the time of loan maturity.

Income:

Minimum annual income of ₹2,00,000 (individual or combined with co-applicant).

Employment Stability:

Salaried: Minimum 1 year in current job.
Self-employed: Minimum 2 years in business with stable income proof.

Credit Score:

A minimum score of 650+ is advisable. A higher score ensures faster approval and better terms.

Course & Institution:

The student must have secured admission in a recognized school, college, or university.

Documents Required for School & College Funding

Please keep the following documents ready to apply for School & College Funding with Relook Leasing & Finance Pvt. Ltd.:

  • Proof of Identity
    • Aadhaar Card / PAN Card / Passport / Voter ID / Driving License
  • Proof of Residence
    • Passport / Voter ID / Driving License / Aadhaar Card
    • Utility Bills (Electricity / Telephone) or Ration Card
  • Income Proof
    • Last 2 years’ ITR or Form 16
    • Latest 3 months’ Salary Slips (salaried applicants)
    • Latest 6 months’ Bank Statements
  • Admission / Course Proof
    • Admission Letter / Fee Structure issued by Institution
    • Bonafide Certificate from School / College
  • Guarantor / Co-Applicant Documents
    • Identity & Income Proof of Parent / Guardian
  • Other Documents
    • PAN Card
    • Recent Passport-size Photographs
    • Signature Verification Proof

Frequently Asked Questions – School & College Funding

School & College Funding is a type of education loan designed to cover tuition fees, hostel charges, books, travel, and other academic expenses. Relook provides flexible options for students and parents to manage education costs without financial stress.

Parents, guardians, or students (above 18 years) can apply. Eligibility depends on income, credit profile, and admission to a recognized school, college, or university.

The funding covers tuition fees, examination fees, hostel/boarding charges, books, study materials, travel, and other academic-related expenses.

Relook offers flexible repayment options ranging from 1 to 10 years. In some cases, a moratorium period is also available until course completion.

Key documents include admission/fee letter from the institution, KYC (ID & Address proof), PAN card, income proof of parents/guardians, and recent bank statements.

Yes, Relook provides funding for both domestic and international education, subject to eligibility and documentation.

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