Kuhoo announces partnership with Galgotias University; aims to make loans offers accessible

NEW DELHI: Kuhoo, online student loan platform has announced partnership with Galgotias University with an aim to make affordable financing options accessible by leveraging Kuhoo's advanced technology and network of lenders. Kuhoo has established itself as a facilitator of education financing, partnering with more than 300 institutions across India.

This collaboration with Galgotias University offers students several benefits, making the loan acquisition process easier. This allows the opportunity to access multiple loan products from over 10 lenders, including banks and NBFCs, through a single online application with Kuhoo.

This centralised solution allows students to review and compare different options, helping them select the most suitable loan based on factors like interest rates, repayment terms, and loan amounts.

Additionally, Kuhoo's advanced algorithms will match students with personalised loan offers that align seamlessly with their educational needs and financial circumstances, ensuring a tailored loan experience. The platform's intuitive interface and optimised online application protocol are set to substantially diminish administrative complexities, thereby expediting both document submission and approval procedures.

Kuhoo aims to reach 1.5 million students in India

Kuhoo plans to establish over 1,000 similar partnerships, with the goal of reaching 1.5 million students throughout India. This initiative will provide students with access to a wide array of more than 15 loan products and educational programs, including STEM courses at leading global universities.

Additionally, students will benefit from potential income tax advantages associated with education loans from banks, thus lessening the financial strain of pursuing higher education.

As Kuhoo expands its network, it aims to target the top 1,000 MBA programs and the top 2,000 engineering colleges in India, further extending its influence within the country's educational sector. The platform's impressive growth is evident in its reception of applications from over 1,000 cities across India and 10 countries worldwide. Moreover, Kuhoo's student application has amassed over 40,000 downloads, underscoring its increasing popularity and impact.