Offer loan facility to the schools at lowest interest rate

Offer loan facility to the schools at lowest interest rate

The trust offers loan facility to the schools at lowest interest rate to develop infrastructure including major renovations. Interventions to upgrade infrastructure such as drinking water and sanitation needs as per UNICEF guidelines, to set up libraries, computer labs, science labs, smart classes, school management software and on activity based learning etc. We propose this facility to Re-forming and strengthening the school management system that transform schools into future ready schools. We have aspiration to support and enhance the education system in India, especially in rural part of the country. We at Expodian transform schools through education empowerment. Schools in rural area face numerous challenges such as lack of qualified teachers; insufficiency of funds etc, these hurdles can be overcome by working in partnership with communities to develop realistic solutions for schools.

We propose experienced Qualified Teachers who hold a degree and a formal teaching certification in the form of Bachelor of Education, Diploma of Education and Diploma in Teaching or a Postgraduate Certificate in Education. Our dedicated placement department working exclusively to shortlist and appoint qualified teachers. We offer qualified teachers .

Eligibility Criteria to avail loan facility

• Any unaided under developed Pre-school, Primary or Secondary school (Unrecognized/Recognized by State or Central Education Board) managed by a trust /Society/Individuals.

• The School has to be associated with the trust at least from past 6 months.

• School has to be in operations from at-least past 5 years with minimum profit / proven income track record.

• School should have civilized infrastructure and nominal / at least student strength of 250 students.

• Strong operational and committed school management.

• Good track record in terms of goodwill.

Funding Process

• The assistance under financial support system will be for all purposes mentioned above for implementation up to 20 lacs amount for a school (terms & conditions apply).

• The trust proposes funding for expansion of functional resources and pedagogic infrastructure of the school. The funds can be sanctioned on actual need basis after approval from Legal and Finance department of the trust.

• The trust has set of norms for funding of various activities under the Financial Support Scheme of the trust.

• Legal and Finance department of the trust should submit its report within a specified period of one month regarding the eligibility, suitability, relevance of the funding proposal and the capacity of the school to facilitate them with funding.

Release of Funds: (Please choose any one option)

On approval of the project, the funds shall be released to the school in two instalments -the first instalment amounting to 50 per cent of the total funds will be released immediately after the issue of the sanction letter from the financial institution along with the approval from trust. After the school has utilised 75 per cent of the first instalment, it may make a request for release of the subsequent instalment along with a progress report and statement of expenditure. The release of second instalment will depend on satisfactory evaluation report of the program or development project.


On approval of the project, 100 % loan amount shall be released to the school immediately after the issue of the sanction. The school has to submit a progress report and statement of expenditures quarterly / half yearly / annually to the trust for the evaluation of funds utilization for the purpose it has given.


Funds will be remitted to the schools directly by a demand draft/ cheque drawn in their favour by the concerned bank / financial institution linked with the trust.

Terms and Conditions

• In case, the school / educational institution is already receiving or expecting to receive funds from some other source for the program for which application is made under this scheme. The trust will disqualify the school to redeem the benefit of funding under this scheme. It should be ensured that school is not getting funds from any other resource.

• The school receiving funds will be required to execute an agreement in a prescribed format along with two witnesses and guarantors that support the agreement.

• The school in receipt of financial support shall be open to inspection by an officer or any other person deputed by the trust.

• The accounts of the program shall be maintained properly and separately and submitted as and when required. The audited accounts together with utilisation certificate in the prescribed form duly countersigned by the Chartered Accountants and the progress report supported by certificate from the Head of the school / educational institution where the program has been conducted are required to be furnished.

• The school shall maintain a record of all assets acquired wholly or partially out of funding amount and maintain a register of such assets in the prescribed proforma. Such assets shall not be disposed or utilized for purposes other than for which the funds was given without prior sanction of the trust.

• In case, the sanctioned funds are not being utilised for the approved purpose, the trust is authorised to take actions as per the disciplinary guidelines prescribed by the trust. The activities undertaken by the programs would be evaluated. Such evaluation reports have to be sent to the trust.

• Breach or violation of any of the terms and conditions mentioned in the agreement shall cause the termination of the contract with immediate effect and the terms mentioned in contract shall be final and binding for school.

• While submitting the proposal for funding, each school will clearly project the expected outcomes. On completion of the program, school will submit performance report, which should bring out clearly whether the expected outcome has been achieved or not. School will also send a copy of the Performance report to the trust.

Please note that the loan amount is calculated on the basis of certain criteria decided by the trust and bank / financial institutions. Our turnaround time is faster and we work as a professional. We prefer fair practices and transparent dealings. Besides loans and financial funding, our endeavour is to also provide you services which will help your institution to reach new heights of expansion.