1. Tachy
loans
About:
Tachy
loan is an online platform launched by FinMomenta Pvt Ltd that facilitates P2P
lending. It was founded in the year 2016 with its headquarters at Bengaluru.
The platform connects prospective lenders with credible borrowers.
Products
v Loans
for School Education
v Loans
for Online Training & Professional Courses
v Loans
for Skill Development Courses
v Personal
loans
Features:
v At
Tachyloans, Education loans are available for salaried individuals and
self-employed professionals/ businesspeople.
v Through
Tachyloans, enders can highlight their investment preference and choose the
person they wish to provide unsecured personal loans to.
v The
interest rates on Tachyloans range from 11.5% to 25% depending on the
FinMomenta credit rating.
v Lenders
and borrowers can negotiate in a 3-day window, on loan tenure, interest rate,
and principal amount.
2. Neev
About
Neev Credit Private Limited is an NBFC with
operations across six cities viz., Bengaluru, Kolkata, Mumbai, Pune, Nagpur and
Hyderabad. The NBFC finances education fees for pre-schools, schools, colleges,
tuition centres and other academic centres.
Features:
v The
NBFC is exclusively engaged in lending for K12 education.
v The
loan amount ranges from ₹ 30,000 to ₹ 200,000 per annum.
v They
charge interest at a rate ranging from 3% to 5%.
v In 2016, Neev Finance has signed an MoU with
Ola Cabs to finance the school fees of the driver’s children.
Neev has collaborated with 300+ educational
institutions wherein students studying at these institutes are being financed
by Neev.
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