professional loan eligibility and documents required

Festive offers on Collateral-free
Professional Loan

Attractive interest rates
starting just @ 9.99%* p.a.

Zero-Foreclosure-Charges

Zero Processing
Fee

Online-Application

100% Online
Application

Professional loan Eligibility & Documentation

Basic Requirements | Minimal Documentation | Quick Approval

Professionals lead busy lives and often don’t have the time for long-winded formalities. We’ve accounted for your fast-paced lifestyle, and have optimised our professional loan accordingly. Availing the Poonawalla Fincorp Professional Loan is an effortless undertaking when you meet our simple criteria or submit minimal paperwork.

Eligibility Logo

Professional Loan Eligibility Criteria

Arrow Logo
Criteria Requirement
Age Applicants must be between 22 and 62 years of age.
Work Experience Applicants be a practising professional for 1 year post qualification.
Income Applicants must have a minimum receipts of  3 lakh.
Eligibility Logo

Documents Required For A Professional Loan

Arrow Logo
Criteria Requirement
KYC For Self Employed Professionals:
  • PAN Card
  • Aadhaar Card
  • Residence Address Proof: Electricity Bill / Rent Agreement / Passport
  • Business Address Proof: Electricity Bill / Rent Agreement
For Firm / Company:
  • Firm/Company PAN Card, Business Address Proof and Other Applicable Registrations
  • Proprietor/Partner/Director: PAN Card, Aadhaar Card
  • Residence Address Proof: Electricity Bill/Rent Agreement/Passport
Financial Documents Bank account statement of the past 6 months.
Professional Qualifications Certificate of Practise and Degree Certificate.

Do note the above-mentioned list of professional loan eligibility documents is indicative. Additional documents may be required during loan processing.

How to check professional loan eligibility?
To know if you qualify for our offering, simply visit the official webpage and check the list of professional loan eligibility criteria. For further insight, you can also connect with our support team online or visit a branch nearest to you.

Where can I check professional loan online eligibility details?
The full list of eligibility criteria is listed clearly on our website. All you have to do is visit the official professional loan webpage and click on ‘Eligibility & Documents’ to find the information you need.

What are the documents required for doctor’s loan?
To prove your eligibility for our professional loan, you are required to submit KYC, financial, and qualification documents. Find the full list online or contact our support team to know more.

Are there any specific professional loan eligibility criteria for CS applicants?
No. All CS, doctors, and CA professionals must meet a standard set of criteria. There are no special profession-related requirements.

Do I need to submit documents to prove my professional qualifications?
Yes. All applicants must submit their degree certificate to prove their qualification as well as their certificate of practise, if applicable.

Interest Rate

APR ranging from 9.99% to 16.5% | One-time Processing Fee up to 2% plus taxes.

Repayment

Flexible repayment tenure from 1 year to 5 years with zero pre-payment charges.

Example

Loan Amount Rs.10 lakh, Interest Rate: 10%, Tenure: 5 years, equates to EMI of Rs. 21,247 per month.

This rate of interest is prone to fluctuation basis our internal credit and risk policy, and as per an algorithmic multivariate score card.
*T&C Apply

Apply for Professional Loan Online in 5 Easy Steps Arrow Logo

Semi Circle Logo
Laptop Logo
Apply
Online

Apply Online

Click on Apply Now to avail the loan.

Semi Circle Logo
Document Required Logo
Submit
Documents

Submit Documents

Provide your KYC and Income documents.

Semi Circle Logo
Verfied Logo
Verification

Verification

Your application will proceed for verification.

Semi Circle Logo
timer logo
Quick
Approval

Quick Approval

Get your loan approval in a quick process.

Semi Circle Logo
Payment Confirmation logo
Instant
Disbursed

Instant Disbursed

That’s it! Loan is instantly credited in your account.

Explore Types of our Professional Loan Arrow Logo

Related Products for you Arrow Logo

Insightful Blogs Arrow Logo

Professional Loans
Why professional loans are financially beneficial?

How magical was the day when you discovered your career path? After a lot of research, putting in so much hard work, late nights, your heart and soul, you have become what you are today. Now, why compromise on achieving success out of it?

Cash Flows
How to manage cash flow in business?

The key to a sustainable business is its financial and cash flow management! Your working capital helps you define a realistic business growth plan, goals and grab the opportunities on your way. Whether you want to scale up the operations, expand the existing structure, purchase state-of-the-art machines and equipment, or need help in maintaining your day-to-day capital, cash flows management plays a crucial rule for all of them.

Contact Us logo Get a Call Back Apply Now logo Apply Now