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

Get a Professional Loan in Faridabad Instantly

Faridabad, a major commercial centre in Haryana, has several industrial units, including tractors, garments, motorcycles, refrigerators, etc. The city offers many growth opportunities for self-employed professionals. Take your career to the next level with a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. Get a collateral-free loan with attractive interest rates, flexible EMIs and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Quick
Approval
No Hidden
Charges
Minimal
Documentation
Flexible
EMIs
Online Application
Process

Professional Loan EMI Calculator

Make use of our online EMI calculator to plan your monthly repayments. Just enter the loan amount, tenure and interest rate to know your EMIs. 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
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 Faridabad

Meet our simple eligibility criteria to qualify for the loan:

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

Documents Required for Professional Loan in Faridabad

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
  • Proof of Professional Qualification

Click to know more about the necessary documents in detail. 

Interest Rate and Charges for Professional Loan in Faridabad

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

Different Uses of a Professional Loan

  • Expanding your practice 
  • Refurbishing your office space 
  • Enhancing your professional skills 
  • Managing your working capital needs 
  • Purchasing equipment 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Fulfil the eligibility criteria 
  • Borrow only what you need 
  • Check your credit score 
  • Reduce your credit utilisation ratio to 30% 
  • Keep the loan documents handy 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Faridabad

​​​ Address: 1st Floor, A-6 Part A, Neelam Bata Road, NIT, New Industrial Township, Faridabad, Haryana -121001 

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 are the eligibility criteria for a Professional Loan?

To be eligible for a Professional Loan, you must be a self-employed doctor, CA or CS with a minimum age of 24 years, minimum experience of 1-year post qualification and an annual income of at least ₹3 Lakh. Additionally, you should also have a good credit score of 750 and above to avail of our loan with lower interest rates and favourable terms. 

2. Is Poonawalla Fincorp’s loan to professionals secured or unsecured in nature?

Our Professional Loan is unsecured in nature. You need not pledge any collateral or security to avail of our loan to professionals. 

 

3. What is the maximum repayment tenure for a loan to professionals from Poonawalla Fincorp?

The maximum tenure for our loan for professionals is 60 months and the minimum tenure is 12 months. You can choose a tenure based on your repayment capacity.