Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 13%* p.a.
Loan Tenure
12-60 Months

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!

Optimise Your Professional Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
13%
30%

Tenure

Months
12 Months
60 Months

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Online
Application
Process
Minimal
Documentation
Attractive
Interest Rate
Quick
Approval
No Hidden
Charges

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.

Get exclusive offers thoughtfully customised just for you

Fulfil our simple eligibility criteria:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Work Experience: Must be practicing for at least 1 year post qualification.
  • Annual Income: At least ₹3 Lakh.

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.  

Get our loan to professionals at competitive interest rate and nominal charges:

Interest Rate
13% p.a. onwards
Loan Amount
₹1 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 3%
Lowest EMI per month
Starting from ₹2,275* per Lakh for 60 months
Loan Tenure
12 – 60 months
Prepayment/Foreclosure Charges
First 6 EMIs: 6% on principal outstanding + taxes

After 6 EMIs: 5% on principal outstanding + taxes
Default Charges
24% per annum plus taxes
Repayment Instrument Dishonor Charges
₹500 per bounce
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

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

  • 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 
  • Self-employed doctors 
  • Self-employed Company Secretaries  
  • Self-employed Chartered Accountants 
  • Fulfil the eligibility criteria 
  • Maintain a credit utilization ratio below 30% 
  • Check your credit score 
  • Fill the application form correctly 
  • Keep all the documents handy 
  • Avoid multiple loan applications 

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

You can apply for a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. However, the sanctioned loan amount may vary based on your credit profile, professional experience, work profile, repayment history, etc. 

You can prepay your loan 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.

Yes, you can use our Professional Loan to expand your professional practice. Use the funds to expand your professional practice, purchase new equipment, hire skilled staff, etc.