Providing Education Loan to Students : How to Register ?

  • Hello,I would like to know how startups like Krazybee, Slicepay, Finomena are able to provide loans to students? Does RBI allow giving loans such way? If not, how come they are able to provide loans to so many customers.I would like to know if we can provide loans and in what way we should register our company? Should we tie up with some NBFCS? If so, will NBFCS be ready to tie up with us.

  • You have to visit the office of the company who is offering loan for the students. You also need to read the terms and conditions properly in orderto stay away from any illegal suspection in the future. Never take a blind move related to your money.