Securis Finance Gets RBI Nod to Offer Student Loans, Targets ₹100 Cr Disbursal in Year One.

Securis Finance, a new-age lending platform founded by Shankar N., has secured approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). The venture, backed by the founders of the popular teen-focused payments app Junio, aims to make education loans more accessible and student-friendly across India.

With its NBFC license, Securis Finance is set to launch a new wave of simple, digital-first education loans targeted at teenagers, helping them cover school and college expenses without financial strain. The company’s approach aligns with its mission to support young learners in their academic journeys through accessible financial products.

Initially, Securis will roll out its services in five major education hubs: Bengaluru, Mumbai, Delhi-NCR, Hyderabad, and Pune—cities that house some of the country’s top schools, colleges, and coaching centers.

The company plans to disburse ₹100 crore in loans in its first year, reaching over 10,000 students. Loans will range from ₹50,000 to ₹5 lakh, with a fully digital application and disbursement process designed to offer ease and transparency.

In addition to offering loans, Securis is currently in discussions with leading educational institutions to integrate its services directly into school and college ecosystems, aiming to streamline the application process and enhance outreach.

By combining the digital savvy of Junio with a focused financial offering, Securis Finance is positioning itself as a transformative force in the student lending space—empowering India’s next generation of learners with the tools they need to succeed.

Picture of R. Chandra

R. Chandra

Leave a Reply

Your email address will not be published. Required fields are marked *