Poonawalla Fincorp (PFL) has launched an education loan business focusing on students pursuing higher education in international universities. The offering aims at providing faster turnaround time and quick sanctions to deliver hassle-free experience. As part of this launch, the company has also announced an industry-first initiative of providing instant sanction for education loans. This seamless, technology-driven financing experience is available to both new and existing PFL customers.
The launch of the education loan business is part of PFL’s strategic expansion plan to diversify its product offerings and deliver comprehensive financial solutions. The company recently launched the digital prime personal loan for salaried professionals.
Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).
