Jijenge Credit offers School Buses, School Equipment Purchases, and School Premises Construction/Repair loans specifically designed to help schools, educational institutions, and private operators acquire safe and reliable transportation for students. This loan enables you to purchase new or used school buses, ensuring that your students travel comfortably and securely to and from school and extracurricular activities.
Key Features of School Bus Loan:
- Flexible Loan Amounts: Finance up to 90% of the bus value.
- Competitive Interest Rates: Benefit from favorable interest rates tailored to your financial profile and loan duration.
- Flexible Repayment Terms: Choose repayment periods ranging from 12 to 60 months, accommodating your institution’s cash flow and budget.
- Swift Approval Process: Enjoy a quick and efficient application process to get your school bus on the road promptly.
- Transparent Fees: Clear and upfront fee structure with no hidden costs, aiding in precise financial planning.
Eligible Vehicles:
- New school buses
- Used school buses in good condition
Frequently Asked Questions
A School Bus Loan provides financing to schools for the purchase of buses.
Schools need to provide proof of operation, financial statements, and a business plan for the bus utilization.
