Poonawalla Fincorp Expands Portfolio with Commercial Vehicle Loan Offering
Varahi media.com online news,Mumbai, March 18, 2025: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-backed NBFC specializing in Consumer & MSME Lending, has launched its
Varahi media.com online news,Mumbai, March 18, 2025: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-backed NBFC specializing in Consumer & MSME Lending, has launched its Commercial Vehicle (CV) Secured Loan Business. This initiative aims to empower logistics and supply chain sectors by providing financial support to commercial vehicle operators. The loan will be available for Small, Light, Intermediate, and Heavy Commercial Vehicles from all leading manufacturers, covering both new and used vehicles. Customers will also benefit from flexible repayment structures tailored to their needs.
As part of this launch, PFL has introduced a tech-driven solution designed to streamline the loan application process. With a focus on reducing documentation and improving efficiency, the company’s digital framework enables faster loan approvals and seamless customer onboarding. By integrating advanced verification methods and risk assessment models, PFL ensures a secure and reliable lending experience.
ఇది కూడా చదవండి…శ్రీ వెంకటేశ్వర క్రియేషన్స్ ద్వారా తెలుగు రాష్ట్రాల్లో గ్రాండ్గా విడుదల కానున్న ‘L2E ఎంపురాన్’
Read this also…Dil Raju’s Sri Venkateswara Creations to Distribute Mohanlal-Prithviraj’s “L2E: Empuraan” in Telugu
PFL is initially rolling out this offering in 68 locations across 12 states, with an ambitious expansion plan targeting 400 locations across 20 states through a hub-and-spoke model. The loans will be available via direct-to-customer channels, dealers, and authorized channel partners. Additionally, PFL has onboarded industry experts to craft customized financial solutions that enhance customer experience and accessibility.
Speaking on the launch, Mr. Arvind Kapil, Managing Director & CEO of Poonawalla Fincorp, stated, “The commercial transport sector plays a crucial role in driving economic growth. Our new Commercial Vehicle Loan product is designed to address the financial requirements of transporters with a simplified, hassle-free process. This addition strengthens our secured lending portfolio and aligns with our vision of empowering businesses.”
With India’s e-commerce sector booming, rapid industrialization, and expanding infrastructure projects, the demand for commercial vehicles—both new and pre-owned—is on the rise. The pre-owned commercial vehicle segment, a key focus for PFL, is expected to drive affordability and growth within the transport and logistics ecosystem.
Read this also…Sunita Williams: A Look into Her Family and Background
Read this also…Apollo Hospitals Launches Advanced Joint Preservation Program
By adopting a risk-first strategy, PFL ensures swift loan disbursement while helping fleet owners and transport operators scale their businesses with financial confidence. The company remains committed to simplifying lending, delivering customer-centric solutions, and enhancing overall borrower experience.
For more information, visit the Poonawalla Fincorp website or download the mobile app.
About Author
