All your Professional Loan Queries Answered Here!
Availing of a Professional Loan is a serious undertaking, and it is best to gain ample knowledge about the various aspects of the loan before you proceed. Here are answers to some of the most Frequently Asked Questions (FAQs) about the Poonawalla Fincorp Professional Loan.
Anytime is a good time to avail a Professional Loan. A Professional Loan helps you with the capital for your personal or professional needs and is an efficient way of handling your expense.
Self-employed professionals such as Doctors, Company Secretaries (CS), Chartered Accountants (CA) etc. are eligible for a Poonawalla Fincorp Professional Loan. However, to get approval, professionals must meet the professional loan eligibility criteria.
To apply for a Professional Loan online, click on ‘Apply Now’ on the webpage. For an offline application, use the branch locator feature on our website to find the nearest branch and apply for Professional Loan.
Our online application process is simple and can be completed instantly. All you need to do is visit the webpage, click on ‘Apply Now’, enter the details in the form, upload documents and await approval.
No. This is an unsecured offering, and you do not need to pledge assets to qualify for the sanction.
The Poonawalla Fincorp Professional Loan is available at a competitive rate. Poonawalla Fincorp offers one of the lowest rates and provides you with a cost-effective financing solution.
The maximum sanction available through our Professional Loan is ₹30 Lakh.
Prepayments can help save a lot of money, and our loans help you work toward that goal. You can prepay your Poonawalla Fincorp Professional Loan at no additional cost or penalty.
To offer a flexible and comfortable repayment experience, you can repay your Poonawalla Fincorp Professional Loan on a tenure that ranges between 12 and 60 months.
We offer a multi-purpose Professional Loan that can be used to meet any personal or professional financial obligations. You can use these funds for personal purposes, to hire new staff, purchase new technology, expand your profession etc.
All applicants must meet the eligibility criteria provided for Poonawalla Fincorp Professional Loan at https://poonawallafincorp.com/professional-loan-eligibility-and-documents.php.
Note: The above-mentioned Professional Loan eligibility list is indicative. Additional documents & eligibility criteria may be required during loan processing by Poonawalla Fincorp.
You only need to submit basic paperwork to get loan approval. The complete list of documents is provided on the following page: https://poonawallafincorp.com/professional-loan-eligibility-and-documents.php
*Do note the above-mentioned list of Professional Loan eligibility documents is indicative. Additional documents may be required during loan processing.
All professionals must have maintained a professional practice of at least 1 year to qualify for the loan.
Ideally, you must maintain a good credit history and an excellent credit score to have the best chance of approval. With a high score, you are highly probable to get an instant approval.
We have a standard set of eligibility criteria for Company Secretaries (CS), Doctors, and Chartered Accountants (CA). You can learn more about them on the official webpage -- https://poonawallafincorp.com/professional-loan-eligibility-and-documents.php