Avail of Professional Loan in Amritsar Instantly
Amritsar, the city of the Golden Temple, is known for its historical architecture and cultural significance in Punjab. It has several industries, including tourism, manufacturing and handicrafts. The city offers several opportunities for self-employed professionals. Grow your practice and invest in your career advancement with a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. Benefit from our competitive interest rates, flexible EMIs, minimal paperwork and quick approval. Apply now!
Why Choose Poonawalla Fincorp
Professional Loan EMI Calculator
Make use of our online EMI calculator to plan your monthly repayments. Slide the bar to enter the loan amount, tenure and interest rate to calculate your EMIs instantly. Try now!
Apply for a Professional Loan in Just 3 Steps
Click on "Apply Now"
Tap the "Apply Now" button to initiate your application.
Enter Details
Enter your DOB, PAN card number, monthly income, and other details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Professional Loan in Amritsar
Fulfil our simple eligibility criteria:
- Age: Between 24 and 65 years.
- Citizenship: Indian.
- Work Experience: Must be practising for at least 1 year post qualification.
- Annual Income: Minimum ₹3 Lakh.
Documents Required for a Professional Loan in Amritsar
Submit the required documents based on whether you are self-employed or working with a firm/company:
- Identity Proof
- Residential Address Proof
- Business Address Proof
- Income Proof
- Bank Account Statement
- Professional Qualification Proof
Click to know more about the necessary documents in detail.
Interest Rate and Charges for Professional Loan in Amritsar
Get our loan to professionals with competitive interest rate and nominal charges:
After 6 EMIs: 5% on principal outstanding + taxes
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Different Uses of a Professional Loan
- Expand your professional practice
- Refurbish your office space
- Improve your professional skills
- Meet your working capital needs
- Hire and train new staff
- Purchase new equipment
Who Can Get a Professional Loan
- Self-employed Doctors
- Self-employed Company Secretaries
- Self-employed Chartered Accountants
Tips for a Successful Professional Loan Application
- Fulfil our eligibility criteria
- Maintain a credit utilisation ratio of up to 30%
- Check your credit score
- Check your credit report for inaccuracies
- Keep the loan documents handy
- Avoid multiple loan applications
Poonawalla Fincorp Limited Address in Amritsar
Address: 2nd Floor, B Block, SCO-24, District. Shopping Complex, Ranjit Avenue, Amritsar, Punjab-143001
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm
(Weekly off on first and second Saturdays and all Sundays.)
Happy Customers, Happy Us
Professional Loan
A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.
Professional Loan
I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla Fincorp has been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.
Professional Loan
The loan process was seamless from start to finish, and the team consistently went above and beyond to address all my questions with prompt and clear communication.
Professional Loan
I was thoroughly impressed by how swiftly my loan was processed. The team provided exceptional support, guiding me through every step with clarity and care. Thanks to their expertise, I was able to expand my operations confidently.
Professional Loan
The sales team was exceptionally cooperative and addressed all my queries regarding the loan amount, interest rates, and insurance with clarity and patience. Overall, it was a highly positive experience.
Professional Loan
Transparent and hassle-free - there were no hidden charges or unexpected surprises. The entire process was clear, smooth, and straightforward from start to finish.
Professional Loan
I purchased a new commercial vehicle through Poonawalla Fincorp, and the experience was outstanding. The entire process was smooth, quick, and completely hassle-free. The team was incredibly supportive and explained every detail of the loan with full transparency. I’m truly grateful for their guidance and assistance throughout.
Professional Loan
I am happy with the overall loan process and will recommend this company to others colleagues too.
Professional Loan
I am very much satisfied with the services and got quick response with all my queries related to my loan.
Professional Loan
I was guided on every step for my loan journey and process was very smooth
Professional Loan
Sales team was very co-operative and explained resolved all my queries related to loan amount, interest and insurance. Had a very good experience.
Professional Loan
I had a satisfactory experience with Poonawalla. The entire process—from loan application to disbursement—was smooth and well-organized. The staff was cooperative, which made the disbursement quick and stress-free.
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Frequently Asked Questions
You can apply for a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. However, you must note that the loan amount offered to you will depend on your credit profile, professional experience, work profile, repayment history, etc.
Poonawalla Fincorp offers loans to professionals with 6% on principle outstanding plus applicable taxes on up to first six month's EMI. After payment of First six EMI’s - 5% on principle outstanding plus applicable taxes.
You can improve your eligibility to get a loan to professionals by maintaining a credit score of 750 and above. To maintain a high credit score, you should pay your EMIs on time, frequently check for any errors in your credit report and keep your credit utilisation ratio to 30%.