Poonawalla Fincorp Limited (PFL) has introduced an education loan business aimed at students aspiring to pursue higher education at international universities.
The initiative promises a seamless, technology-driven experience with faster turnaround times and hassle-free approvals. Notably, PFL has launched an industry-first instant sanction feature for loans up to ₹75 lakh, enhancing accessibility for students and parents.
The growing cost of higher education has made financing a crucial aspect of overseas education planning. PFL’s instant sanction facility and collateral-free options offer greater flexibility to students and parents, reducing financial stress and ensuring a smoother transition into global education.
India’s increasing focus on higher education and student aspirations has fueled growth in the education loan sector. PFL aims to capitalise on this demand by offering tailored financial solutions. The company has partnered with educational counselors and onboarded industry professionals to support students throughout their financial journey.
This expansion aligns with PFL’s broader strategic goal of diversifying its product portfolio. Recently, it introduced a digital prime personal loan for salaried professionals, reinforcing its commitment to innovative financial solutions.
Commenting on the launch, the Managing Director & CEO of Poonawalla Fincorp, Mr Arvind Kapil, said, “Education is the most powerful investment in the future, and finance should never be a barrier to ambition. With our education loan solutions, we are committed to empowering students to access world-class learning opportunities and build a brighter tomorrow.”
With a risk-first approach, PFL continues to focus on simplifying lending, enhancing customer experience, and driving financial inclusion.
On March 10, 2025, Poonawalla Fincorp share price opened at ₹290.00, up from its previous close of ₹288.45. At 11:20 AM, the share price of Poonawalla Fincorp was trading at ₹292.60, up by 1.44% on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 10, 2025, 11:56 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates