New Horizons for Education Financing
In a remarkable stride towards transforming educational accessibility in India, Securis Finance Pvt. Ltd., a wholly owned subsidiary of FirstPay Technologies, has received prestigious approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). With a laser focus on empowering students, the firm aims to disburse a massive sum of Rs 100 crore in education loans within its first operational year.
Spurring Educational Dreams Across Major Cities
Envisioning a future where education is within reach for all aspirants, Securis Finance targets major educational zones including Bengaluru, Mumbai, Delhi-NCR, Hyderabad, and Pune. The firm ambitiously plans to reach out to over 10,000 students with loan amounts ranging from Rs 50,000 to Rs 5 lakh, thereby promoting diverse educational opportunities across the country.
Strategic Collaborations for Maximum Impact
Securis Finance’s initiative extends beyond financial aid. The company is fostering partnerships with over 50 educational institutions and fintech platforms. This move paves the way for a robust support network, aiming for the overarching vision of assisting 100,000 students annually by the year 2030.
Harnessing Technology for Student-Centric Solutions
Spearheading a tech-driven approach, Securis Finance leverages its proprietary platform to offer personalized and user-friendly experiences. Students can seamlessly apply for loans online, monitor their application status in real-time, and even receive customized loan offers that account for both academic potential and traditional financial assessments.
Breaking Down Financial Barriers
Shankar Nath and Ankit Gera, the masterminds behind Securis Finance, are at the forefront of this groundbreaking movement. Their vision is steadfast: to dismantle financial barriers hindering young learners and to broaden educational horizons for a wider demographic. This initiative promises to open doors to higher-quality educational institutions and fulfill academic dreams.
According to Indian Startup News, Securis Finance’s venture symbolizes a pivotal step towards democratizing education and synchronizing with modern technology to uplift students’ futures.
