professional loan in salem

Professional Loan in Salem

Easy Processing |Minimal Paperwork | Flexible Repayment Option

Salem, a city known for its historical significance and thriving industrial sectors. In this vibrant city, professionals from various fields strive to achieve their career goals and aspirations. At Poonawalla Fincorp, we understand the unique financial needs of professionals in Salem. Whether it's expanding your business, investing in your professional growth, or renovating your workspace, our loan caters to your unique needs. With competitive interest rates and a seamless application process, our Professional Loan is the key to unlocking new horizons in Salem.

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Poonawalla Fincorp offers competitive Professional Loan interest rates, starting from 13% p.a. onwards. For more information, continue reading below:

Loan Amount ₹1 Lakh to ₹75 Lakh
Loan Processing Fees 2% + GST for Company Secretary, Chartered Accountant and Doctors
Professional Loan Interest Rates 13% p.a onwards for Company Secretary, Chartered Accountant and Doctors
Lowest EMI per month Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12 - 60 months
Prepayment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Charges 24% per annum
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

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Versatile Professional Loans

Salem's professionals encounter diverse financial needs on their path to career success. Our dependable financial support aids in operational expenses and professional growth.

Higher Loan Amount

Financial limitations should never hinder professional growth. This higher loan amount ensures that professionals do not have to compromise on their aspirations due to a lack of funds.

Competitive Interest Rates

To ensure financial stability, professionals need cost-effective solutions. With Poonawalla Fincorp's Professional Loan, professionals can borrow freely without worrying about high-interest outgo.

  • Doctor Loan: Whether you're a general practitioner or a specialist, our loan offers the financial backing you need to enhance your medical practice in Salem.
  • CA Loan: CA’s can rely on our Professional Loan to expand their consultancy practice and stay ahead in the world of finance.
  • CS Loan: Our loan is designed to meet the unique financial requirements of Company Secretaries, empowering them to excel in their profession.
  • Purchasing Latest Medical Equipment: Acquiring state-of-the-art medical equipment to enhance healthcare services.
  • Office Acquisition or Rent: Facilitating the purchase or rental of office premises.
  • Business-Related Expenses: Supporting financial requirements for activities such as foreign trips, client meetings, seminars, and conferences.
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Enter your DOB, monthly income and PAN card number.

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The application will then proceed for verification and assessment.

For Salem's ambitious professionals, Poonawalla Fincorp's Professional Loan service is a valuable resource that can unlock a world of possibilities. With competitive interest rates and tailored financial solutions, professionals can embark on their journey toward success with confidence. If you are a professional in Salem looking for timely and reliable financial support, explore the Professional Loan service offered by Poonawalla Fincorp. Take the first step towards achieving your career aspirations and propel your dreams toward fruition with our trusted financial assistance.

Poonawalla Fincorp Limited

Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem,Tamil Nadu-636004
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

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