Poonawalla Fincorp, a leading NBFC under the Cyrus Poonawalla Group, has entered the education loan segment, offering financing up to ₹3 crore for students pursuing higher education at international universities. The announcement led to a rise in Poonawalla Fincorp's share price, which gained up to 2% in morning trade on March 10, 2025.

Poonawalla Fincorp Education Loan Features

• Loan Amount: Up to ₹3 crore with collateral, covering tuition, living, travel, books, and insurance premiums.
• Zero Collateral Option: Loans up to ₹1 crore available without any collateral.
• Instant Sanctions: First-of-its-kind initiative providing instant approval for loans up to ₹75 lakh.
• Competitive Interest Rates: The company offers affordable financing options, making it easier for students to fund their education.

Poonawalla Fincorp's Vision for Education Loans

Arvind Kapil, Managing Director & CEO of Poonawalla Fincorp, highlighted the company’s commitment to supporting students' aspirations with seamless financing solutions. He stated,

"Education is the most powerful investment in the future, and finance should never be a barrier to ambition."

Stock Market Reaction

• Poonawalla Fincorp’s share price opened higher at ₹290, compared to its previous close of ₹288.25.
• The stock touched ₹293.30, reflecting 1-2% gains following the announcement.
• Investors are optimistic about the company’s expansion into the education loan segment, which aligns with the increasing demand for study abroad financing.

Why This Move Matters

Poonawalla Fincorp’s foray into education loans taps into a fast-growing segment in India, as more students seek financial assistance for higher education abroad. With instant approvals and collateral-free options, the company aims to simplify the financing process and cater to a broad range of students.

The launch of Poonawalla Fincorp's education loan business marks a significant expansion for the company. By offering fast approvals, flexible collateral options, and competitive interest rates, Poonawalla Fincorp positions itself as a key player in the student loan sector, meeting the financial needs of students aspiring for global education.

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