Wednesday, 29 March 2023 | PNS | DEHRADUN
To help the education ecosystem come out of fund crunch, fee payment solution provider LEO1 has introduced an innovative fee payment model at zero cost zero interest EMI across India. For the education institutions, fee remains the primary source of funds which has been interrupted during the last few years. This disturbance eventually reflects on their performance and reputation. The financing model by LEO1 is enabling the institutions to receive 100 per cent fee at the beginning of the academic session and facilitates a no cost and zero interest EMI for parents, the enterprise claimed.
Founder and managing director of LEO1 Rohit Gajbhiye said, “Our vision is to make quality education accessible to the masses. We are getting encouraging responses from the education institutions and parents in Uttarakhand which further strengthens our expansion plans. We have already tied up with several institutions in key cities of the state and are expanding to other cities too. This facility helps education institutions to get the entire fees at the beginning and they don’t have any shortage of funds to operate. Fee financing has proven to be a win-win for both parents and institutions.”
