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Showing posts with the label Arvind Kapil

Poonawalla Fincorp Unveils Loan Program to Support Local Retailers

Poonawalla Fincorp has launched a dedicated loan initiative designed specifically for small shopkeepers and kirana store owners across India. This new product, introduced as the Shopkeeper Loan Business, aims to address the daily financial hurdles faced by local retailers—challenges that often prevent them from growing or even maintaining their operations effectively. Whether it's managing inconsistent cash flow, stocking up on inventory, or serving customers efficiently, small business owners are constantly balancing urgent needs with limited resources. With this new loan offering, Poonawalla Fincorp seeks to provide timely and reliable financial support that helps them meet those needs with more confidence. Understanding the Role of Small Shops in India Local retailers are essential to India’s economic fabric. From remote villages to busy city neighborhoods, kirana stores and small retail outlets are the go-to sources for everyday essentials. Yet, despite their importance, these ...

Poonawalla Fincorp Limited Expands into Education Loans, Offering Up to Rs. 3 Crore for Students

Poonawalla Fincorp Limited, a prominent non-banking finance company, has launched an education loan program aimed at assisting students who wish to study abroad. This initiative is designed to eliminate financial barriers, ensuring that students can access higher education without unnecessary stress. One of the key features of this offering is the provision of instant loan sanction of up to Rs. 75 lakhs, streamlining the funding process for students in need. Flexible Loan Options to Suit Different Requirements Understanding that every student’s financial situation is unique, Poonawalla Fincorp Limited has introduced loan plans that cater to a wide range of needs. Students can secure loans up to Rs. 1 crore without collateral, making education financing simpler and more accessible. Those requiring larger amounts can apply for loans up to Rs. 3 crore against collateral, covering tuition fees, travel, study materials, and insurance for both students and co-applicants. The company has focu...