Poonawalla Fincorp Doubles Down On Instant Personal Loans

Poonawalla Fincorp Limited has established itself as one of India’s leading NBFCs and has seen immense growth in the last few years. In Q3 of FY25, their disbursements stood at  7,150 crore. As a digital NBFC, they offer people the chance to receive a loan quickly with minimal hassle. With the increased demand for instant personal loans, PoonawallaFincorp is offering higher loan amounts to more premium audiences. Loans up to 15 lakhs can be disbursed digitally in just 15 minutes.

Secure With Unsecured Lending

According to Poonawalla Fincorp’s CEO Arvind Kapil, the company has extensive experience in unsecured lending, with low delinquency rates among top white-collar professionals. They are focusing on diversifying the portfolio while attracting high-quality borrowers. He also emphasized the ease of using Poonawalla Fincorp’s service by saying, “No paperwork, no branch visits—just quick access to credit.”

Arvind Kapil has handled major quick lending initiatives in his previous role. His expertise and experience were incredibly impactful, which made Adar Poonawalla choose him as CEO of PoonawallaFincorp.

The NBFC is also focusing on targeting the MSME sector. They plan to expand their offerings to gold loans, consumer durable loans, used commercial vehicle loans, shopkeeper loans, and education loans.

Poonawalla Fincorp’s Larger Plans

In addition to expanding their business portfolio, Poonawalla Fincorp has other ambitious plans. They are in the process of doubling their staff and plan to have nearly 400 branches. In the next five years, they plan to increase their assets to 1.5 trillion rupees ($17.7 billion).

Poonawalla Fincorp is also targeting a net credit cost of 1.5-2% and an ROA of over 3% in the next few years.

Keeping Unsecured Lending Sustainable

Arvind Kapil says, “Prudent lending and data analytics help us manage risk and keep delinquencies in check.” This further helps Poonawalla Fincorp’s ability to excel at unsecured lending.

Poonawalla Fincorp has collaborated with IIT Bombay to increase AI innovation. As part of this partnership, they plan to use AI to increase efficiency in lending, which will also help in keeping unsecured loans sustainable.

Conclusion

Poonawalla Fincorp has established itself as a leading business in the instant personal loans space. The company, which continues maintaining a holistic outlook, is confident about its ability to meet this demand and continue offering larger loans instantly.

Their use of analytics and technology has helped them identify the best borrowers, thus allowing the NBFC to keep increasing their distribution of unsecured loans.