What is a Professional Loan?
A Professional Loan is a type of unsecured loan specially designed for self-employed professionals like Doctors, Chartered Accountants (CA’s), Lawyers, Architects, Engineers, and others to help them meet the financial needs of their profession or practice.
Loan Amount: Avail up to ₹1 Crore (T&C)* based on your creditworthiness and past loan repayment history.
Flexible EMI’s: Choose from affordable and manageable EMI plans that suit your monthly budget
Repayment Tenure: Repay your loan with ease over flexible tenures ranging from 12 to 60 months.
Quick Processing & Approval: Minimal paperwork and a fast tracked disbursal process to get funds when you need them.
Balance Transfer:
- Facility Save more by transferring your existing professional loan to us.
- Enjoy reduced interest rates (starting from ## %) and lower processing fees (as low as ## %).
Loan Insurance Protection:
- Opt for a Credit Protect Plan at a minimal premium.
- In case of unforeseen circumstances, your outstanding loan will be covered ensuring your family isn’t burdened.
Exclusive Benefits for Doctors: Special offers and rates available for medical professionals applying for professional loans.
Easy Support Access: Connect with us via SMS, WhatsApp, Email, or by visiting our branch.
Get Instant Approval For Professional Loan
Lowest Interest Rates – Online Loans – Calculate EMI – Check Eligibility – Instant-e-Approval – Special Offers.
Eligibility Criteria
Eligible Professionals:
Doctors, Physiotherapists, Chartered Accountants, Company Secretaries, and Architects who are actively practising or consulting.
Required Experience:
- Age Limit: Applicant must be at least 25 years old and under 65 years of age at loan maturity.
- Doctor’s & CA’s: Minimum 4 years post-qualification
- CS & Architects: Minimum 5 years post-qualification
- Physiotherapists: Minimum 5 years post-qualification
Income Requirement: Minimum annual income should be ₹1 lakh. The business or practice must show profit for the last two financial years
Documentation Checklist
Mandatory Documents:
- Highest qualification certificate PAN Card (Individual/Firm/Company)
- Identity Proof (Aadhaar/Passport/Voter ID/Driving License)
- Address Proof
- Latest 6 months Bank statement Last 2 year’s ITR’s with computation of Income, Audited Balance Sheet & P&L statement Business continuation proof (ITR/Trade License/Establishment Certificate/Sales Tax Certificate)
Business Entity-Specific Documents:
- Sole Proprietorship: Declaration
- Partnership Firm: Partnership Deed (certified copy)
- Private Limited Company: Board Resolution & Memorandum/Articles of Association (certified copy)
Frequently Asked Questions...
Who is eligible for a Professional loan?
Qualified professionals with valid licenses, work experience, and stable income, typically aged 21-65.
How long is the repayment tenure?
Repayment periods typically range from 1 to 7 years, depending on the loan amount and terms.
How fast is the loan disbursal?
Funds are often disbursed within 2-7 working days after approval, depending on the lender.
