Poonawalla Fincorp Education Loan

Poonawalla Fincorp offers fully unsecured education loans up to ₹1 Crore for premier global universities and ₹75 Lakhs for top Indian institutions — competitive with HDFC Credila on the unsecured front. What sets Poonawalla apart is their willingness to lend up to ₹3 Crore total with collateral support — one of the highest secured loan limits in the NBFC space. Acceptable collateral: residential property (LTV 75–85%), commercial property (LTV 55–65%), fixed deposits with select banks (LTV 90%), LIC endowment policies, and government securities. Poonawalla's empanelled valuers complete property valuation within 7–10 working days. They do not accept agricultural land, ancestral property without clear title, or unauthorised colony properties. For high-amount needs (NRI quota medical seats, premium international MBA programs), Poonawalla's ability to lend ₹2–3 Cr with property collateral is particularly valuable.

Poonawalla Fincorp's approved university list covers approximately 1,500 institutions globally, with a focus on top-ranked universities where student placement data supports their underwriting model. Premier tier includes all Ivy League, top US public R1 universities (Berkeley, UCLA, Michigan, UT Austin, Georgia Tech), Stanford, MIT, Carnegie Mellon, top UK universities (Oxford, Cambridge, Imperial, LSE, UCL, KCL, Edinburgh, Manchester, Warwick), Group of Eight Australia, NUS/NTU Singapore, top European B-schools (INSEAD, IE, IESE, HEC), and top Canadian universities. Approved tier covers an additional 1,200 institutions globally with valid accreditation. For Indian studies, Poonawalla funds all IITs, IIMs, AIIMS, NITs, BITS, ISB, XLRI, MDI, SPJIMR, top private engineering and medical colleges, and most NIRF top 100 institutions. Poonawalla is particularly comfortable with MBA loans at top global business schools where placement data justifies high unsecured loan amounts.