Poonawalla Fincorp Loan for Study Abroad: Universities & Courses List

Poonawalla Fincorp provides education loans to students for abroad and in India. The company offers a maximum of INR 1 crore without collateral and INR 3 crore with collateral. If you are eligible, they offer an instant loan approval of INR 75 Lakhs for select institutes, the process is fully online, and interest rates starts at 11.25% p.a.

But, the loan approval isn’t limited to the coapplicant and collateral. Your eligibility also gets affected based on your Letter of Acceptance (LOA). Poonawalla Fincorp has an eligible course and the university list that is used while evaluating your loan application. The list is prepared based on multiple factors, such as global university rankings, course employability, country of study, and historical repayment patterns, while assessing which institutions are eligible for funding.

Refer to the comprehensive guide below for list of eligible universities. You can also use the search option to quickly locate your university. And if you can’t find it, don’t worry! We have solutions for that, too.

Factors That Impact Eligible Colleges

Poonawalla Fincorp, do not just look at the university name when assessing eligibility. The decision is influenced by:

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  Global Reputation: Universities ranked in global frameworks like QS or THE are more likely to be accepted.

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  Course ROI:Programs with strong job prospects, especially in STEM and business, are favored.

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  Country of Education: Countries with strong post-study work rights, such as the USA, UK, Canada, and Germany, increase chances.

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  Historical Repayment Track Record: If alumni of a university have had good repayment records, it increases the institution’s credibility.

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  Tuition Fees & Income: The list is also curated based on the average income and the tuition fees these universities charge. This impacts the repayment criteria.

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Commonly Eligible Universities for Poonawalla Education Loans

This list plays an important role when applying for an education loan. Even if a lender claims to offer loans for all universities, they often maintain an internal eligibility list that significantly influences both loan approval and the applicable interest rate.

Below is a country-wise sample of universities along with their QS World Rankings. Please note that this is not an exhaustive list, only a few representative universities from each country are shown here. If you don’t find your university listed, don’t worry. You can use our Education Loan Eligibility Tool to check detailed criteria and discover other lenders that offer loans for your selected university. 

Eligible Universities for the U.S:

Eligible Universities for Australia:

Eligible Universities for the U.K:

Eligible Universities for Canada:

Eligible Universities of Other Countries:

Popular Eligible Courses & Their Average Packages

Poonawalla Fincorp not only segments the universities sometimes the categorization is even done based on the courses. These courses have moderate employability, therefore making the investment secure.