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Business 255 views Sep 25, 2018
Eduvanz Financing Private Limited – MAKING EDUCATION AFFORDABLE

17 September 2018 – Education in all aspects is the major link for development in any economy. Education enhances the quality of life brings about broad social benefits to the society. It promotes entrepreneurship by upgrading the productivity and creativity of people. In terms of demographic dividend, India is the world's youngest country but still has only 2% skilled workforce. The education system of India has always been focussing on Higher Education rather than upgrading the EQ. However, regardless of the immense growth, many Youths remain unemployed due to low Skill Quotient.

Skill development has become the most efficient instrument to enhance the quality and work experience of labor. It is capable enough to become the driving force of a nation's economic growth. Skill development stands as the unique quality that empowers the youth and upgrades their acceptance in the society.

In this age of increased market value, education is like another diamond that is expensive enough. May it is a conventional course or a skill development course, the bars are high. Thus, most of the youth cannot afford the cost and education loan becomes the way to education. However, loans for conventional courses can be raised from any bank but not for a career development course.

Eduvanz Financing Private Limited is a Private incorporated on 29 August 2016, that looks ahead to comfort the youth in terms of money related to career development courses. The company provides Loan For Skill Development courses for 100% of the course fees. It is amongst the best NBFC companies in cities as Mumbai, Pune, Delhi etc., and its main agenda is to make education affordable for every youth of this nation.  Any person who is a citizen of India is between the ages of 18-60 and is applying for a Career Development Loan is eligible to take a loan from Eduvanz. They may have a guardian as a co-borrower.

Eduvanz provides low interest rate EMIs and has the facility of instant loan approvals (it reverts back within 24 hours). It also has a transparent loan process and requires a minimum, unlike banks. All these qualities of Eduvanz make it effective and speedy. The members of Eduvanz are all skilled and have effective qualifications. The team has Varun Chopra, the co-founder, and CEO of the company who has a work experience of more than 10 years and Raheel Shah, the co-founder and CMO or the company with an experience of more than 10 years as their Director.

AtulSashittal as their CTO with an experience of more than 25 years and Dinesh Gehlot as the loan specialist and the COO with an experience of more than 15 years are other highly experienced members of the company. Varun Chopra, the CEO of Eduvanz Financing Private Limitations states – "The dreams of Indian youth matter a lot and the company does not want money to be a matter of concern in the way of their success."