Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business Buzz - Poonawalla Fincorp Launches Education Loan Up to Rs.3 Crores
    Business Buzz

    Poonawalla Fincorp Launches Education Loan Up to Rs.3 Crores

    Abizar AttariBy Abizar AttariMarch 10, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Poonawalla Fincorp
    Share
    Facebook Twitter LinkedIn Pinterest Email

    New Delhi [India], March 10: Poonawalla Fincorp, a non-banking finance company, recently announced its entry into the education loan market. The financial solution is focused on providing loans for students pursuing higher education in foreign universities. This new announcement includes the industry-first initiative of providing instant sanction for education loans of up to ₹75 lakhs for students.

    Why This Matters to Students and Parents

    The education loan announced by Poonawalla Fincorp Limited offers the option of taking the loan with or without the need for collateral. Students can avail of loans up to ₹1 crore without collateral. Loans up to ₹3 crore, available with collateral, will cover tuition fees, travel expenses, books, and insurance reimbursements for students as well as co-applicants. This process ensures hassle-free approvals.

    As one of India’s leading NBFCs, Poonawalla Fincorp is also offering attractive interest rates to make financing more convenient for students planning to study abroad at international universities. Both existing and new customers of Poonawalla Fincorp can avail this experience.

    The CEO’s Take on the Launch

    Arvind Kapil, the CEO and Managing Director of Poonawalla Fincorp commenting on the launch of the education loan 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.”

    Through the introduction of this loan, Poonawalla Fincorp aims to reach more families and students. In this way, the company can focus on creating a customer base that aligns with its existing business model. They have also partnered with education counselors across India and onboarded professionals from the industry to provide need-based financial solutions to enhance the customer experience.

    Poonwalla Fincorp with its strategic expansion is set to diversify its product offerings and deliver all-around financial solutions. This launch follows Poonawalla Fincorp’s recent introduction of Prime digital loan for salaried customers that allows customers to avail ₹15 lakh loan in 15 minutes.

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

     

    Poonawalla Fincorp
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Abizar Attari
    • LinkedIn

    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

    Related Posts

    First poster of Gujarati movie Deda unveiled

    June 7, 2025

    ICAKMRETS successfully hosted by IRAJ International at Bangalore, India

    June 7, 2025

    Business Leaders and Women Entrepreneurs Shine at New Age Summit 2025 by Global Triumph Foundation

    June 6, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • Aarvi Encon Launches Operations in Saudi Arabia — Ready to Support the Kingdom’s Ambitious Growth
    • First poster of Gujarati movie Deda unveiled
    • H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore
    • Morari Bapu Becomes An Inspiration For Environmental Action
    • Zaina Goel: A Writer Who Writes With Her Soul

    Aarvi Encon Launches Operations in Saudi Arabia — Ready to Support the Kingdom’s Ambitious Growth

    June 7, 2025

    First poster of Gujarati movie Deda unveiled

    June 7, 2025

    H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

    June 7, 2025

    Morari Bapu Becomes An Inspiration For Environmental Action

    June 7, 2025

    Zaina Goel: A Writer Who Writes With Her Soul

    June 7, 2025

    CBDM India 2025 to Boost Health Resilience, Local Disaster Readiness

    June 7, 2025
    PNN Digital
    2025 © pnn.digital

    Type above and press Enter to search. Press Esc to cancel.