Propelld partners with 5 universities to provide collateral-free student loans

New Delhi, India, 25 June 2024 — Propelld, a pioneering supplier of training financing options, has entered into strategic partnerships with esteemed universities to improve entry to greater training for college kids. Through its customised monetary help, it goals at supporting instructional ambitions by eradicating the monetary obstacles that college students and their households continuously encounter.

Initiating the brand new alliances, the Memorandum of Understanding (MoU) has been shaped with:

1. Quantum University – Roorkee / Dehradun
2. Doon Business School – Dehradun
3. AAFT – Noida
4. Indian School of Hospitality
5. Vishveswarya Group of Institution

“We are excited to embark on these partnerships with main universities. The new alliances replicate our dedication to democratising entry to training in India. Our tech-driven method permits us to provide personalized mortgage merchandise and seamless EMI choices to college students, thereby eliminating quick monetary burden from their studying journeys. We have empowered over 2,50,000 college students and partnered with greater than 2000 institutes up to now and are decided to develop this quantity with each passing day,” mentioned Brijesh Samantaray, Co-Founder at Propelld.

Partnership Benefits:

The partnered universities acquire entry to Propelld’s complete suite of companies that embody collateral-free, student-friendly training loans with minimal documentation necessities and speedy turnaround occasions (TAT of two days most). Propelld’s tech prowess ensures a hassle-free end-to-end digital software course of for deserving college students and likewise streamlines administrative processes reminiscent of charge administration and reconciliation for the establishments.

By collaborating with these main establishments, Propelld reaffirms its place as a market chief in training financing and is dedicated to democratising training by leveraging know-how. Propelld is assured of the potential of such partnerships to simplify entry to greater training for all, thereby contributing considerably to the expansion of the tutorial ecosystem.