Poonawalla Fincorp Rolls Out Instant Education Loans for Global Aspirants

Poonawalla Fincorp Limited, a trusted non-banking financial company backed by the Cyrus Poonawalla Group, has stepped into the education loan market. Targeting Indian students pursuing higher education abroad, the company now offers specialized loan products with significant flexibility. Students can avail loans of up to ₹3 crore with collateral and up to ₹1 crore without it—reinforcing Poonawalla Fincorp’s commitment to becoming a competitive player in the overseas education finance space.

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Industry-First Initiative for Swift Sanctions

Marking a standout move in the segment, Poonawalla Fincorp has launched an instant sanction facility for loans up to ₹75 lakh. This unique feature is expected to eliminate processing delays and simplify the overall loan experience for students and their families.

The funding covers every aspect of international education, including tuition fees, accommodation expenses, airfare, study materials, and insurance. It ensures that students are financially prepared for all aspects of their academic journey abroad without last-minute hurdles or uncertainty.

Tech-Enabled Solutions for Faster Access

Poonawalla Fincorp is using a digitally powered model to handle education loan applications. The digital-first infrastructure is built to provide faster approvals, reduce manual dependencies, and enhance overall convenience for borrowers.

In addition to its tech-driven approach, the company has partnered with experienced education consultants and finance professionals throughout the country. These partnerships help guide families through loan options, offering customized financial plans that suit different educational goals and budgets.

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Established Infrastructure Supports Growth

Poonawalla Fincorp isn’t new to lending. It operates as a systemically important non-deposit-taking NBFC registered with the Reserve Bank of India and is listed on both BSE and NSE. Headquartered in Pune, the company has built a legacy over three decades with a wide reach and solid financial standing.

As of December 31, 2024, Poonawalla Fincorp’s assets under management (AUM) stood at ₹30,984 crore. The company has a presence in 18 states and two Union Territories and employs more than 2,560 professionals. Its diversified lending portfolio spans vehicle finance, personal and consumer loans, loans for professionals, business and property loans, and equipment financing. The launch of education loans expands its customer solutions further.

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Responding to the Rise in Global Education Demand

With a growing number of Indian students aspiring to study abroad, the need for reliable education financing has increased sharply. Rising tuition and living costs across global universities add to the pressure on families. Recognizing this, Poonawalla Fincorp has introduced flexible loan options that support both short- and long-term academic needs.

By offering instant digital sanctions and a full-service support ecosystem, Poonawalla Fincorp hopes to become a go-to name in this segment. Its approach balances scale with responsibility, guided by a risk-first methodology that prioritizes sound lending decisions while meeting evolving credit demand.

Conclusion

The launch of Poonawalla Fincorp’s education loan products marks an important milestone in its journey toward serving critical life milestones. At a time when overseas education is a goal for many but remains financially challenging, this initiative brings clarity and speed to students’ financial planning. By stepping in at the right moment with the right tools, Poonawalla Fincorp is empowering students to chase academic dreams without compromise.