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

Apply for a Professional Loan in Jabalpur With Minimal Paperwork

Jabalpur, a popular tourist attraction in Madhya Pradesh, is famous for its scenic beauty. The city also has many industries, including cement, readymade garments, glassware, etc. Expand your professional practice in Jabalpur with a Professional Loan of up to ₹75 Lakh from Poonawalla Fincorp. Get a collateral-free loan with minimal paperwork. Benefit from our competitive interest rates, flexible EMIs, no hidden charges and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Quick
Approval
No Hidden
Charges
Minimal
Paperwork
High Loan
Amount
Attractive Interest
Rate

Professional Loan EMI Calculator

Plan your monthly instalments easily with our online EMI calculator. Slide the bar to enter the loan amount, interest rate, and tenure to know your EMIs instantly. 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 Jabalpur

Fulfil our simple eligibility criteria:

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

Documents Required for a Professional Loan in Jabalpur

Submit just a few documents depending on whether you are self-employed or working in a company/firm:

  • Identity Proof
  • Residential Address Proof
  • Business Address Proof
  • Income Proof
  • Bank Account Statement
  • Proof of Professional Qualification

Click to know more about the documents required in detail. 

Interest Rate and Charges for a Professional Loan in Jabalpur

Get our loan for 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

  • Hiring new talent 
  • Expanding your practice 
  • Refurbishing your office space 
  • Upgrading your professional skills 
  • Covering your working capital expenses 
  • Consolidating existing debt 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Meet the eligibility criteria 
  • Maintain a credit utilisation ratio of up to 30% 
  • Check your credit score 
  • Keep the loan documents ready 
  • Check your credit report frequently for inaccuracies 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Jabalpur

Address: 849-C, 1st Floor, Manas Nandani, Manas Bhawan Square, Opposite To Smart City Office, Wright Town, Jabalpur, Madhya Pradesh-482002 

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 minimum credit score required to avail of Poonawalla Fincorp’s Professional Loan in Jabalpur?

Having a credit score of 750 and above improves your chance of availing of our loan to professionals in Jabalpur with lower interest rates and favourable terms. 

2. What is the minimum annual income for getting Poonawalla Fincorp’s loan to professionals in Jabalpur?

The annual income required to become eligible for our loan to professionals in Jabalpur is ₹3 Lakh and above. Having a higher annual income improves your eligibility for availing of the loan. 

 

3. For what purpose can I use a Professional Loan from Poonawalla Fincorp?

You can use a loan to professionals for multiple purposes, including expanding your professional practice, enhancing your professional skills, upgrading our existing facilities, fulfilling your working capital needs and more.