Skip to main content

Digital Lending Revolution

Poonawalla Fincorp Limited is growing its unsecured loan segment despite industry trends. Unlike others, it focuses on premium borrowers. The company offers unsecured loans of up to Rs 15 lakh. These loans are disbursed digitally within 15 minutes. The process is fast, seamless, and requires no paperwork.

PFCEO Highlights Low Delinquency Rates

Poonawalla Fincorp CEO Arvind Kapil emphasizes the company’s experience in unsecured lending. He states that delinquency rates remain low among white-collar professionals. Instead of taking more risks, Poonawalla Fincorp Limited is diversifying its portfolio. The company is also planning to extend these loans to self-employed borrowers soon.

Poonawalla Fincorp Limited


Fully Digital Loan Approvals

Unlike banks, Poonawalla Fincorp Limited offers 24/7 digital loan approvals. Traditional banks lack such instant digital approvals. With Poonawalla Fincorp Limited, there are no branch visits or long waits. Borrowers can get instant access to funds. Interest rates start at 12%, depending on credit scores.

New Loan Offerings on the Horizon

Poonawalla Fincorp Limited has ambitious expansion plans. It aims to launch gold loans, consumer durable loans, used commercial vehicle loans, shopkeeper loans, and education loans. The company uses data analytics to assess risk. This approach ensures smart pricing and prevents defaults through early detection.

Data-Driven Risk Management

Pooonawalla Fincorp CEO Arvind Kapil stresses the importance of tracking borrower behavior. The company uses analytics to preempt defaults. Strategies like restructuring and credit counseling help mitigate losses. This proactive approach strengthens risk management.

Leadership Transformation at Poonawalla Fincorp Limited
Kapil, known for HDFC Bank’s 10-second loan, leads the transformation at Poonawalla Fincorp Limited. He was handpicked by Adar Poonawalla to drive the company’s digital-first approach. Since his appointment, Poonawalla Fincorp Limited has seen major leadership changes. Senior bankers from HDFC Bank, including Shriram Iyer and other executives, have joined the company.

Retail Lending as the Core Business

Poonawalla Fincorp Limited is committed to retail lending. MSME loans are expected to make up 50-55% of the portfolio. Despite competition, Poonawalla Fincorp Limited is leading in fully digital unsecured loans. Even banks with access to savings data do not offer such instant approvals.

Regulatory Benefits and Growth Plans
Kapil expects RBI’s new asset norms to boost liquidity. These norms will also reduce funding costs. Poonawalla Fincorp Limited aims for a net credit cost of 1.5-2% and an ROA of over 3% in the next few years. One segment is projected to reach an ROA of 6%. Prudent lending and data-driven strategies ensure stability.

AI and Future Expansion
Poonawalla Fincorp Limited is testing AI agents with IIT Mumbai to improve efficiency. The company is also expanding into payments. It is diversifying its funding sources, tapping institutional and mutual funds. A capital raise may be considered next year. While Poonawalla Fincorp Limited is not exploring credit cards due to privacy concerns, it remains open to future regulatory changes.

Poonawalla Fincorp Limited continues to redefine unsecured lending with speed, efficiency, and data-driven strategies. PFCEO Kapil’s leadership is steering the company towards a tech-driven future, ensuring smart risk management and sustained growth.

Comments

Post a Comment

Popular posts from this blog

Poonawalla Fincorp Bets Big on Premium Unsecured Loans and Expands its Lending Portfolio

Poonawalla Fincorp Limited (Poonawalla Fincorp Limited), a non-banking financial company backed by the Poonawalla Group, is taking a bold step in India’s retail lending sector. At a time when many lenders are being cautious with unsecured loans, Poonawalla Fincorp Limited is going in the opposite direction—strategically targeting premium salaried individuals with quick, digital personal loans. Under the leadership of CEO Arvind Kapil, the company has also rolled out several new lending products across key segments like education, gold, and commercial vehicles, positioning itself as a digitally driven retail NBFC. Focus on Unsecured Personal Loans for Premium Borrowers Poonawalla Fincorp is offering personal loans of up to ₹15 lakh to white-collar professionals. These loans are completely digital and disbursed in just 15 minutes, a move that reflects the company’s confidence in using technology for efficient credit delivery. Poonawalla Fincorp CEO Arvind Kapil explained the rationale b...
Post a Comment
Read more

Study Abroad Loans Simplified: IDP and Poonawalla Fincorp's New Move

In a major step toward easing the financial burden of studying abroad, Poonawalla Fincorp Limited, a prominent non-banking financial company backed by the Cyrus Poonawalla Group, has joined forces with IDP Education, a global leader in international student placement. This exclusive partnership is designed to simplify the process of getting education loans, offering students quick and seamless funding options—both online and offline. This development is a timely response to the increasing number of Indian students opting for international education. It allows them to access financing solutions that align with their academic plans, without the hassle of going through a separate loan process. Also read - Poonawalla Fincorp Joins Hands with IDP Education to Streamline Overseas Education Loans Access Loans Directly from the IDP Network What makes this partnership stand out is the integration of loan services into IDP’s existing admission process. With 77 offices across 63 Indian cities, I...
Post a Comment
Read more