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Day care centres turn out to be the best ventures in the major cities where everyone is busy going to work and no one to look after the little ones. It is expensive to hire a full time nanny and at times they can’t be trusted either. So most often the working parents prefer to drop off their young ones at the day care centres close to their workplace.
It isn’t an easy venture, it requires a skilled workforce and a lot of safety procedures will have to be followed and the children have to be entertained throughout. But there aren’t many lenders who offer loan facilities to start a day care centre.
In India loan for day care centre is provided by BMP and the loan is called BMP Parvarish.
The features of the loan are as follows: