Securis Finance, a wholly owned subsidiary of FirstPay Technologies, has secured the Non-Banking Financial Company (NBFC) license from the Reserve Bank of India (RBI).
Securis Finance aims to make an immediate impact by supporting over 10,000 students in its first year. Securis Finance plans to disburse ₹100 crore in the education loan in the first year and scale to ₹1,000 crore by 2030.
With loan amounts ranging from ₹50,000 to ₹5 lakh, the company seeks to address diverse educational needs, including school fees, college tuition, and specialized courses such as coding boot camps and entrance exam coaching. In the initial phase, the company will be targeting key educational hubs like Bengaluru, Mumbai, Delhi-NCR, Hyderabad, and Pune on a pilot basis.
Over the next five years, Securis Finance plans to scale its reach significantly, targeting a loan portfolio of ₹1,000 crore by 2030 and enabling more than 100,000 students annually to pursue their academic goals without financial constraints.
The company is also exploring partnerships with over 50 educational institutions and fintech platforms to expand its reach and impact. Additionally, it plans to introduce micro-loans for skill development courses, ensuring financial accessibility for students beyond traditional academic programs.
The company aims to simplify access to education loans through an AI-driven student-first model, ensuring that financial constraints do not hinder academic aspirations.
Ankit Gera, Co-founder of Securis Finance, said, “We believe every student deserves the opportunity to pursue their educational dreams without financial barriers. With our NBFC license, we’re one step closer to realizing this. We aim to provide accessible, affordable, and hassle-free education loans to teenagers across India.”
Shankar Nath, Co-founder of Securis Finance, said, “Our proprietary technology platform will enable students to apply for loans online, track their application status in real-time, and receive personalised loan offers tailored to their unique profiles. Focusing on students’ academic potential alongside traditional metrics, we aim to open doors to higher-quality educational institutions for a broader range of applicants.”
Founded in 2025 by Shankar N. and Ankit Gera, Securis Finance is a wholly-owned subsidiary of FirstPay Technologies that provides affordable, flexible education loans. It is backed by Junio, a digital payments platform that provides a prepaid RuPay-powered smartcard designed for students for their day-to-day online and offline payments.
