Chandigarh News, Chandīgarh: Propelld, a leader in educational financial technology, has announced its collaboration with Chandigarh University. Under this partnership, eligible students will be able to avail study loans of up to Rs 25 lakh from Propelld.
As per the MoU signed between NBFC Edgrow (wholly owned subsidiary of Propelld) and Chandigarh University, students of the university can avail study loans for their higher education.
“We are on a mission to provide equal access to high-quality education to students in every corner of India,” said Brijesh Samantrai, co-founder of Propelld, a fintech startup that offers peer-to-peer education financing. in metropolitan cities. and abroad they have. Chandigarh is a hub for students who want to study in India or the world. Today, NBFCs like Edgrow are fulfilling the educational aspirations of a large section of students by providing them with financial assistance.”
Rajesh Madan, CFO, Chandigarh University, said, “With its customized loan products and easy EMI options, Propelld has empowered approximately 50,000 regular and online students. We understand the importance of education, which is why we are proud to offer affordable, unsecured student loans to students in need. With Propelld it becomes easier to apply for study loans completely digitally. It requires minimal documents and processing is also fast.”
