From the same parent company
Education loans by Securis — what you get
Securis Finance is an RBI-registered NBFC built by Firstpay Technologies, the same team behind Junio. It offers small personal loans (₹50,000 – ₹5,00,000) designed specifically for Indian college students:
- Interest-only EMIs during the course. You pay only the monthly interest while your child is studying (course duration + 6 months). Full amortising EMI starts after.
- Zero foreclosure or prepayment charges. Close the loan any time without penalty — the total cost shrinks the earlier you close.
- 1-2 working day disbursal. Most applications are credit-assessed and funded within two working days. No collateral required.
- Built for the small-to-mid ask. ₹50K for a hostel deposit, ₹85K for a MacBook, ₹1.5L for a coding bootcamp — the categories where bank education loans are slow or won't bother.
We won't pretend Securis is the only option. Bank education loans are usually cheaper for large tuition needs (₹10 lakh+), and government schemes like the Vidya Lakshmi portal are worth looking at first. Securis is the right pick when the ask is small-to-mid, the timeline is fast, or the family doesn't want to pledge collateral.