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

Get a Professional Loan in Kozhikode With Flexible EMIs

Kozhikode is a vibrant city with a blend of historical charm and economic development. Embrace new professional growth opportunities in this growing city with a Professional Loan from Poonawalla Fincorp. Achieve your professional career goals as a Chartered Accountant (CA), Company Secretary (CS) or doctor with a high loan amount of up to ₹75 Lakh. Benefit from competitive interest rates, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Flexible
EMIs
Competitive Interest
Rate
Zero Hidden
Charges
Hassle-free
Application
Minimal
Paperwork

Professional Loan EMI Calculator

Determine your monthly repayments using our online EMI calculator. Enter your loan amount, interest rate, and tenure to get an instant calculation. 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 Kozhikode

Fulfil the following criteria to be eligible for our loan to professionals:

  • Age: Between 24 and 65 years
  • Work Experience: Minimum 1 year of post-qualification professional experience
  • Annual Income: At least ₹3 Lakh.
  • Citizenship: Indian.

Documents Required for a Professional Loan in Kozhikode

Furnish the following documents to get our loan to professionals:

  • KYC Documents: Driving License, Aadhaar Card, PAN Card, or Passport
  • Business Address Proof: Rent Agreement or Electricity Bill
  • Financial Documents: Bank Account Statements for the last 6 months
  • Residence Address Proof: Passport, Electricity Bill, or Rent Agreement
  • Professional Qualification Documents: Degree Certificate or Certificate of Practice, Prescription Letter (doctors), Firm/Member Certificate (CA and CS)

Click to know more about the necessary documents in detail.

Interest Rate and Charges for a Professional Loan in Kozhikode

We offer this loan with favourable interest rate and minimal 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

  • Upgrade your professional skill set 
  • Refurbish your office space 
  • Expand your professional practice 
  • Meet working capital requirements 
  • Purchase cutting-edge gadgets 
  • Hire and train staff 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Minimise your current debts  
  • Get all the paperwork ready 
  • Provide proof of income 
  • Calculate your EMIs using the EMI calculator 
  • Avoid applying for multiple loans at once  
  • Select a tenure that suits your finances 

Poonawalla Fincorp’s Branch Address in Kozhikode

Address: 1st Floor, Trinity Arcade, Kannur Road, Near ESAF Bank, West Nadakkavu, Kozhikode, Kerala -673011 

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 in Kozhikode?

To be eligible for Poonawalla Fincorp’s Professional Loan in Kozhikode, you must be a self-employed professional with a minimum age of 24 years, a stable business, and a good credit score. 

2. What is the maximum loan amount I can avail with a Professional Loan?

The Professional Loan amount offered by Poonawalla Fincorp in Kozhikode varies based on your business income, credit score, and repayment capacity. At Poonawalla Fincorp, we offer loans up to ₹75 Lakh. 

 

3. What is the interest rate for a Professional Loan in the city of Kozhikode?

The interest rate for a Professional Loan from Poonawalla Fincorp starts at 13%*p.a. However, the final rate will depend on your credit profile, loan amount, and tenure.