Kuhoo Finance Secures RBI Nod, Expands Student Loan Offerings

For countless Indian students, the dream of pursuing higher education often comes with an unsettling reality—financial constraints. Despite having the talent and ambition, many students either compromise on their dreams or rely on their parents' savings, putting an immense burden on families. But what if there was a way to change this? What if education loans were not seen as a burden but as a stepping stone toward self-reliance?

Kuhoo Finance—a fintech player determined to revolutionize student financing in India. And now, with its newly secured Non-Banking Financial Company (NBFC) license from the Reserve Bank of India (RBI), Kuhoo Finance is poised to take student education loans to the next level, ensuring that finances no longer hinder bright futures. TICE brings you key details of how this approval will help students as well as the fintech startup

What is Kuhoo Finance?

On March 11th, Kuhoo Finance announced its biggest milestone yet—receiving the coveted NBFC license from RBI. This license empowers the company to lend directly to students, cutting through intermediaries and making financing more accessible, affordable, and efficient.

With this new development, Kuhoo can now offer student loans of up to ₹2 crores for a broad spectrum of courses, including management, engineering, medical, and even executive education and upskilling programs. This means students aspiring to study in India or abroad will have a greater shot at securing funding without depending on traditional banking hurdles.

The move is particularly significant for India's middle-class families, where higher education is often seen as a ticket to upward mobility. Kuhoo’s expansion will ensure that more students can take control of their educational journey without burdening their families.

The Vision Behind Kuhoo Finance

Prashant A. Bhonsle, the Founder and CEO of Kuhoo Finance, believes that this milestone is a game-changer—not just for the company, but for the students it serves.

"Securing the NBFC license is a defining moment for us. Education financing should never be a roadblock for a student with dreams. With this new status, we are now in a stronger position to support students and their aspirations. We believe that a well-timed education loan can change the course of a student’s life, and even generations that follow. Our goal is to make students Aatmanirbhar (self-reliant) by providing the right financial support at the right time,” he said.

This focus on self-reliance is key to Kuhoo’s mission. In India, student loans are often associated with uncertainty and repayment fears. However, Kuhoo is determined to change this perception by ensuring that student financing is not just accessible but also structured in a way that empowers students rather than burdening them.

Tech-Driven, Student-Focused Approach

Unlike traditional lending institutions, Kuhoo Finance leverages advanced technology and data analytics to assess a student’s future employability rather than just their family’s financial background. This means a student’s potential—rather than just their collateral—determines their loan eligibility.

Using predictive credit models and AI-driven risk assessment tools, Kuhoo evaluates a student’s career trajectory and the earning potential of their chosen field. This futuristic approach ensures that students receive financing that aligns with their career goals, making repayments manageable and stress-free.

Bridging the Gap in Education Financing

With the newly granted NBFC license, Kuhoo Finance plans to introduce a variety of new loan products tailored for different academic streams. The company also aims to deepen collaborations with educational institutions, banks, and financial entities to create a more robust student financing ecosystem.

This comes at a crucial time when India is witnessing an increasing demand for skilled professionals across sectors. The ability to fund education seamlessly will play a critical role in developing India’s human capital and fostering an economy driven by knowledge and innovation.

Kuhoo’s efforts align with the broader vision of making India’s youth self-reliant. By focusing on education as an investment rather than an expense, the company aims to empower students to chase their dreams without financial limitations holding them back.

As Kuhoo Finance embarks on this new journey, it has set its sights on becoming one of India’s most trusted and largest student lending institutions. The company’s commitment to innovation, technology-driven decision-making, and a student-first approach makes it a promising player in India’s education financing sector.

For students aspiring to study at premier institutions or upskill themselves for a competitive job market, Kuhoo Finance’s latest development is a beacon of hope. It is more than just a financial institution—it is a partner in turning educational aspirations into reality.

With an eye on the future and a heart for students, Kuhoo Finance is not just lending money—it’s lending dreams a chance to soar. And as India moves toward an era of self-reliance, one loan at a time, Kuhoo Finance is ensuring that education remains the greatest equalizer in the journey to success.

Disclaimer: This is a company/PR press release or user-generated content, moderated without altering facts. TICE does not verify its accuracy and is not responsible for any business decisions based on this report.