Your Pathway to Global Education: Simplified Loan Solutions

Poonawalla Fincorp has expanded its financial services to include education loans, specifically designed to help Indian students pursue higher education abroad. The company’s goal is to make education more affordable and accessible by offering financial solutions that address the rising costs of international education.

Flexible Loan Options to Suit All Needs

Poonawalla Fincorp’s education loan offerings are designed to cater to the diverse financial needs of students. The company provides loans of up to Rs 3 crore with collateral and up to Rs 1 crore without collateral, ensuring that students have access to the funds they need. A key feature of their loan offering is the instant loan sanctioning for amounts up to Rs 75 lakh, a groundbreaking feature in the education loan market, allowing students to access funds without delays.

These loans cover a wide range of expenses, including tuition fees, living costs, travel, books, and insurance, making it easier for students to focus on their education without worrying about finances.

Innovative Technology for Faster Loan Processing

Understanding the need for efficiency, Poonawalla Fincorp has incorporated technology to speed up the loan approval and documentation process. This technology-driven approach allows students and their families to access funds faster, eliminating long waiting periods and streamlining the overall loan experience.

Arvind Kapil, the company’s Managing Director and CEO, points out that education is an investment in one’s future and emphasizes that by eliminating financial barriers, Poonawalla Fincorp is enabling students to pursue their dreams.

Tackling Common Issues in Education Loans

The demand for education loans has increased as more students seek opportunities to study abroad. However, many students face challenges with traditional loan processes, including stringent requirements and long approval timelines. Poonawalla Fincorp addresses these challenges by offering flexible terms and competitive rates, making it easier for students to finance their international education.

The ability to offer loans of up to Rs 1 crore without requiring collateral is particularly beneficial for students without significant assets to pledge.

Commitment to Financial Inclusion

Poonawalla Fincorp’s entry into the education loan market is a part of its broader vision to expand its financial services and support greater financial inclusion. The company has also introduced digital prime personal loans for salaried professionals, further underscoring its commitment to meeting the evolving needs of its customers.

To provide further support to students, Poonawalla Fincorp has partnered with educational counselors and experts to offer personalized financial solutions.

Proven Experience in the Financial Sector

With nearly three decades of experience, Poonawalla Fincorp has built a strong reputation in the financial sector. Headquartered in Pune, the company operates across 18 states and two Union Territories, serving a wide range of customers. The company’s assets under management amounted to Rs 30,984 crore as of December 31, 2024, reflecting its financial strength and growth potential.

Poonawalla Fincorp’s expansion into education loans further strengthens its commitment to empowering individuals and families with accessible financial products.

Simplicity in Lending for Future Success

Poonawalla Fincorp focuses on simplifying the lending process while maintaining responsible lending practices. This combination ensures that students can access affordable education loans without compromising their financial stability.

By providing accessible loans for international education, Poonawalla Fincorp is helping the next generation of global leaders realize their academic dreams and potential.