Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC, has partnered with IDP Education, a global leader in international education services, to offer fully digital education loans with instant sanctions for students pursuing overseas studies.
Through this exclusive collaboration, PFL becomes IDP’s sole financial partner, enabling students to quickly access funds for tuition, travel, and living expenses. The loans will be available through IDP’s digital platform and across its 77 offices in 63 cities nationwide.
“India’s growing contribution to global education demands scalable, reliable systems,” said Vikas Pandey, Chief Business Officer – Consumer Finance, PFL. “Our partnership with IDP builds a dependable, transparent model for financing education at scale.”
Piyush Kumar, Regional Director – South Asia, Canada, Latin America and Mauritius, IDP Education, added:
“Today’s students focus on long-term ROI. This partnership meets their evolving needs with fast, sensitive, and digitally enabled financing.”
A recent IDP study found that 66% of students consider cost and financing as the biggest hurdle in studying abroad. This partnership addresses that concern by providing faster and seamless loan access to international students.
Each year, IDP helps nearly 100,000 Indian students enroll at 800+ universities across Australia, the UK, the US, Canada, Ireland, and New Zealand.
Also Read: Prodigy Finance partners with Australian universities to provide student loans
Posted in Corporate, News
