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

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(*5*)

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 larger training for college students. Through its customised monetary help, it goals at supporting instructional ambitions by eradicating the monetary obstacles that college students and their households often encounter.

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

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

Brijesh Samantaray, Co-Founder at Propelld

“We are excited to embark on these partnerships with main universities. The new alliances mirror our dedication to democratising entry to training in India. Our tech-driven strategy permits us to supply custom-made 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 to this point and are decided to develop this quantity with each passing day,” stated Brijesh Samantaray, Co-Founder at Propelld.

Partnership Benefits:

The partnered universities achieve entry to Propelld’s complete suite of providers 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 utility course of for deserving college students and in addition streamlines administrative processes akin to payment 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 larger training for all, thereby contributing considerably to the expansion of the tutorial ecosystem.

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