Poonawalla Fincorp Strengthens its Commitment to Students with Education Loans for Overseas Aspirants

In a bold and strategic move, Poonawalla Fincorp Limited, a non-banking finance company (NBFC) promoted by the Cyrus Poonawalla Group, has officially entered the education loan segment. The company is targeting Indian students pursuing higher education abroad, offering a range of high-value loans tailored to cover the entire spectrum of international academic expenses. With offerings of up to ₹3 crore with collateral and up to ₹1 crore without, Poonawalla Fincorp is signaling its intention to become a serious player in the overseas education financing market.

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Instant Sanctions and Broad Coverage for Education Abroad

Poonawalla Fincorp is introducing a unique, industry-first initiative: instant sanction for education loans of up to ₹75 lakh. This step is expected to reduce the stress and delays traditionally associated with education loans, offering students and their co-applicants a smoother application process.

The financing covers a wide range of expenses including tuition fees, accommodation costs, travel, study material, and insurance. The intent is to present a complete, dependable solution for students planning to study abroad, ensuring no critical requirement is left uncovered due to financial limitations.

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To ensure efficiency and quick decision-making, Poonawalla Fincorp has built a technology-first model for this segment. Students can expect a fast turnaround, minimal paperwork, and access to need-based financial solutions with competitive interest rates. The company is focused on delivering a user-friendly digital experience that matches the time-sensitive needs of students navigating foreign university admissions and visa deadlines.

Poonawalla Fincorp has also onboarded a network of educational counselors and seasoned professionals across India. This network will act as a bridge between aspirants and financial solutions, helping guide families in selecting the most suitable loan offerings based on specific academic and financial situations.

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A Vision Driven by Leadership

Arvind Kapil, Managing Director and CEO of Poonawalla Fincorp, underlined the mission with clarity: “Education is the most powerful investment in the future, and finance should never be a barrier to ambition.” His statement reflects the company’s broader purpose—to remove barriers for Indian students and make international education a more attainable goal. Under his leadership, Poonawalla Fincorp is aligning its product offerings with meaningful life milestones for customers, such as higher education, and positioning finance as an enabler of growth, not a hurdle.

Kapil’s extensive experience in the lending sector is expected to play a pivotal role in shaping Poonawalla Fincorp’s entry into education finance. His commitment to a customer-first, tech-forward approach continues to drive the company’s transformation into a diversified and agile NBFC.

Riding on a Strong Operational Base

Poonawalla Fincorp is not new to the lending business. Headquartered in Pune and registered with the Reserve Bank of India as a non-deposit-taking systemically important NBFC, the company has a solid track record spanning nearly three decades. It is also listed on both BSE and NSE.

As of December 31, 2024, the company’s assets under management (AUM) stood at ₹30,984 crore. It operates in 18 states and two Union Territories, with a workforce of over 2,560 professionals. The education loan segment adds to its well-established portfolio, which includes loans for pre-owned vehicles, personal and consumer loans, loans for professionals, business loans, loans against property, and machinery loans.

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Positioning for Future Demand

India’s education loan market is expanding rapidly, fueled by increasing international aspirations among students and the rising cost of global education. Poonawalla Fincorp’s entry into this space reflects its strategy to stay ahead of evolving credit demands while addressing genuine pain points.

By offering a broad range of loan sizes, instant digital sanctions, and an inclusive support ecosystem, Poonawalla Fincorp is aiming to become a preferred name in education finance. Its risk-first approach, which prioritizes sustainable lending while streamlining access, is another factor that sets it apart in the competitive NBFC space.

Conclusion

With the launch of its education loan offering, Poonawalla Fincorp has made a decisive step towards supporting India’s next generation of global learners. Backed by a legacy of trust, robust infrastructure, and forward-looking leadership under Arvind Kapil, the company is blending ambition with action. Its entrance into the sector is not just about tapping into a growing market—it is about enabling dreams with speed, responsibility, and clarity. As higher education costs soar globally, initiatives like these are essential in bridging the financial gap for aspiring Indian students.