Your Gateway to International Education, Fast-Track Loan Approvals

 Poonawalla Fincorp Limited (PFL), part of the Cyrus Poonawalla Group, has expanded its offerings to include education loans designed to support Indian students aiming to study abroad. With the number of Indian students pursuing higher education overseas on the rise, Poonawalla Fincorp’s new loan scheme promises to ease the financial burden with loans up to ₹3 crore.

Loan Amounts and Quick Approval for Students

Poonawalla Fincorp’s education loan offerings range from ₹75 lakh to ₹3 crore, depending on the financial requirements of the student and the institution they plan to attend. The standout feature is the fast approval process for loans up to ₹75 lakh, allowing students to secure funding quickly, especially when working against tight deadlines like visa applications.

For loans exceeding ₹1 crore, collateral is required, but loans below ₹1 crore can be availed without any security, making it more accessible for students from families without major assets.

Comprehensive Financial Coverage

The education loans provided by Poonawalla Fincorp cover all the necessary expenses, including tuition fees, accommodation, travel, books, and even insurance. Furthermore, the loans offer insurance coverage for both the student and their co-applicant, providing financial protection in case of unexpected events.

A Focus on Digital Solutions

Poonawalla Fincorp has adopted a digital-first approach to streamline the loan application process. This focus on technology ensures that the loan application and approval processes are fast and transparent, which aligns with the company’s broader goal of offering customer-friendly, innovative financial solutions.

Financial Strength and Experienced Leadership

Poonawalla Fincorp boasts a robust financial position, with ₹30,984 crore in Assets Under Management (AUM) as of December 31, 2024. The company is led by Arvind Kapil, Managing Director and CEO, who is dedicated to making education financing more accessible for students pursuing international studies.

Positive Investor Feedback

The announcement of Poonawalla Fincorp’s new education loan offering has generated positive investor reactions, with a modest increase in the company’s stock price. This signals confidence in the company’s move into the education finance market.

Conclusion: Shaping the Future of Education Financing

Poonawalla Fincorp’s new education loan product is designed to offer students a comprehensive, fast, and accessible financing option for studying abroad. With a strong digital focus, inclusive loan terms, and solid financial backing, Poonawalla Fincorp is well-positioned to support the aspirations of students seeking a global education.