Company profile: EduvanzFinancing private limited
Education is the fundamental need of every human being. It is a journey of learning skills and acquiring knowledge. But some students are deprived of this basic right due to a lack of money. Thus, Eduvanz financing private limited is one such organization that helps students in pursuing their education by providing financial assistance.
Eduvanz private limited is an NBFC(Non-Banking Financial Company) that creates an online platform for students to obtain economic aid and support required for pursuing their education. Benefits of Eduvanz private limited can either be availed from their website or Eduvanz mobile application.
Eduvanz was formed by Mr. Amit Ratanpal in 2016 who is now serving as one of the members of the board of advisor team of Eduvanz. This organization was founded for accomplishing the objective to help students in procuring their dream education easily. They provide financial aid to students heading from Mumbai, Pune, Hyderabad, and Delhi, etc.
Eduvanz provides educational or personal loans to students at minimum interest rates. The process of applying for loans is simple and swift. The process is online and involves four steps as follows:-
- Selection of the desired college
- Verification of documents
- Approval of loan
- A loan is sanctioned and is paid to the institution
This process is more serene as compared to the standard loan taking process. Unlike any other bank, it does not take much time. After getting enrolled in a job, students can repay their educational loans in instalments. The uniqueness of this organization is that they provide loan to students for skill development courses like finance, nursing, analytics, investment banking, retail banking, etc.
Many deemed institutions have partnered with Eduvanz to help students in pursuing their higher education. One of those institutes is NMIMS Student Zone situated in Mumbai that provides a wide variety of skill development courses with help of Eduvanz loans.