Methodology

Education Loan

Dear Parent,
Greetings from Team Neev,
It has always been an endeavor and guiding principal of Neev Finance to contribute its bit to support education in our country in the form of financing fees at the minimum possible rate so that every student’s dreams are pursued and parents get a convenient way to finance the same.
In such a continuous endeavor, Neev Finance has come forward to make the total cost of education converted into a monthly expense wherein NEEV pays the total Cost incurred on education to the School directly on your behalf and thereafter Neev collects these amounts financed on your behalf, by way of a monthly installment. Thus it gives an option to have a monthly repayment model for the total cost incurred.
We are excited to offer our school fee loan option at VelocIITy school and college wherein Neev would be financing the fees of your ward to the school / college and you can pay back the same to Neev Finance in is easy Monthly Installments. Neev is offering this facility to parents at VelocIITy at 0% Interest and Processing fees provided Parent is completing the entire loan documentation process by 25th April 2018. Neev will be releasing Fee to school by 30th April 2018.

Sample Illustration:

Loan Amount Loan cost Monthly EMI Payable for 10 months
50000 ZERO 5000 5000*10 months

Neev is an RBI registered NBFC which has been incorporated group of professionals who are passionate about developing the education infrastructure in our country. We at Neev are committed to enable education and make it more affordable, hence we shall be charging a very nominal pricing for the financing facility that we shall be providing. The items covered in these financing options are 1. Tuitions Fees, 2. Books/ Uniforms and 3. Transportation Fees and Any other expenses as appropriate from time to time.

Documents Required for Loan processing:

Salaried Self Employed
1. Latest Two month of Salary slip (Parents)
2. Latest Two months Salary Credit Bank Statement(Parents)
3. One recent color Passport Size Photo of Applicant and the Student
4. Copy of Student school ID card
5. ID and Address Proof copy
1. Latest Two Months Business Credit Bank Statement(Parents)
2. Proof of business
3. Latest One Yr IT Return or Form 16(Parents)
4. One recent color Passport Size Photo of Applicant and the Student
5. Copy of Student school ID card
6. ID and Address Proof copy

Documents Required for Loan Disbursal: 1. Neev Loan Agreement
2. One (1) Post Dated Cheque for EMI and One Security Cheque

For any further Information, pls contact: 040-39996212
Email :rajashekar.b@neevfinance.com Web : www.neevfinance.com


Apply Online

Thank You, Neev Finance.

Enquiry
Apply for Education Loan