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

Get a Collateral-free Professional Loan in Bareilly

Bareilly, located in Uttar Pradesh, is known for its rich cultural heritage and famous cane furniture works. The city is developing and offers many opportunities for professionals like CA, CS and doctors to expand their practices. Take your career to the next level with a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. Use the funds to hire new employees, purchase equipment, meet your working capital needs, etc. Benefit from our competitive interest rates, no hidden charges and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Quick
Approval
Online Application
Process
Attractive Interest
Rates
No Hidden
Charges

Professional Loan EMI Calculator

Plan your monthly repayments instantly with our user-friendly EMI calculator. Enter the loan amount, tenure and interest rate. Calculate 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
12Months
60Months

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

Eligibility Criteria for a Professional Loan in Bareilly

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: Minimum ₹3 Lakh.

Documents Required for a Professional Loan in Bareilly

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 details. 

Interest Rate and Charges for a Professional Loan in Bareilly

Poonawalla Fincorp offers loans to professionals at an attractive interest rate with 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

Different Uses of a Professional Loan

  • Expanding your professional practice 
  • Renovating your office space 
  • Enhancing your professional skills 
  • Meeting your working capital needs 
  • Purchasing equipment 

Who Can Get a Professional Loan

  • Self-employed Company Secretaries 
  • Self-employed doctors 
  • Self-employed Chartered Accountants 

Tips for a Successful Professional Loan Application

  • Meet the eligibility criteria 
  • Check your credit score 
  • Maintain a lower debt-to-income ratio 
  • Keep the loan documents ready 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Bareilly

Poonawalla Fincorp Limited 

Address: 2nd Floor, Sheel Kishan Tower, Block No. 63, Plot no.09, Near Bikaner Wala, Bareilly, Uttar Pradesh-243001 

Contact Number: 1800-266-3201 (Toll Free) 

Timing: 10 am – 6:30 pm 

(Weekly off on first and second Saturdays and all Sundays.) 

*T&C Apply  

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

1. What is the prepayment or foreclosure charges for a loan to professionals from Poonawalla Fincorp?

Poonawalla Fincorp charges 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 on prepayment or foreclosing of your loan.

2. What is the maximum loan amount for a loan to professionals from Poonawalla Fincorp?

The maximum loan amount you can avail of with a loan to professionals is ₹75 Lakh. However, the sanctioned loan amount may vary based on your credit score, income, repayment capacity, etc. 

 

3. For what purpose can I use Poonawalla Fincorp’s Professional Loan?

You can use our Professional Loan to meet your working capital needs, hire new staff, purchase new equipment, etc.