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 Kota

Kota, a city located on the banks of the Chambal River, Rajasthan, is known for its gold jewellery, sarees and renowned Kota stones. This developing city offers favourable growth opportunities for self-employed doctors, CAs and CS. Take your career to the next level with a loan to professionals from Poonawalla Fincorp. Grow your practice, improve your skills or upgrade your office space with a loan of up to ₹75 Lakh. Benefit from competitive interest rates, flexible repayment tenure, quick approval and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
No Collateral
Required
Flexible
Repayment Tenure
Minimal
Paperwork
Attractive Interest
Rate
No Hidden
Charges

Professional Loan EMI Calculator

Use our EMI calculator to plan your monthly repayments instantly. Simply enter the loan amount, interest rate and tenure. 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

Rupees one lakh

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 Kota

Fulfil our simple eligibility criteria:

  • Age Limit: 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 Kota

Upload 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 necessary documents in detail. 

Interest Rate and Charges for a Professional Loan in Kota

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
2% plus applicable taxes
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 plus applicable charges
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

  • Expand your professional practice 
  • Renovate your office space 
  • Enhance your professional skills 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Check the eligibility criteria  
  • Check your credit score 
  • Keep all the documents ready 
  • Avoid applying for the loan multiple times 

Poonawalla Fincorp Limited Address in Kota

Poonawalla Fincorp Limited 

Address: 1st floor, 1-C-18, Sweet Moments Building, Above Bank of Baroda, SFS, Sheela Choudhury Hospital Road, Talwandi, Kota, Rajasthan - 324005 

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 lowest EMI per month for a Professional Loan from Poonawalla Fincorp?

The lowest EMI for our Professional Loan starts from ₹2,275* for a loan amount of ₹1 Lakh, tenure of 60 months and interest rate of 13%* p.a. 

2. What is the minimum annual income for Poonawalla Fincorp’s Professional Loan?

The minimum annual income required for availing of our Professional Loan is ₹3 Lakh. 

 

3.What is the prepayment or foreclosure fee 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 loan foreclosure.