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

Secure a Professional Loan in Ludhiana Online

Famous for its historical significance and vibrant culture, Ludhiana offers its residents a range of career development opportunities. Access a Professional Loan in Ludhiana to take your career to the next level. Get up to ₹75 Lakh to meet any financial expenses, including office expansion, upskilling courses, equipment purchases, and more. Enjoy lower interest rates, minimal documentation, quick approval, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Collateral-free
Loan
Competitive
Interest Rate
Quick
Approval
Minimal
Documentation
Zero Hidden
Charges

Professional Loan EMI Calculator

Calculate your monthly repayments with our free online loan EMI calculator. Enter the loan amount, tenure, and interest rate to get instant results. 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 Ludhiana

Meet our basic eligibility criteria to access funds instantly:

  • Age Limit: 24 to 65 years.
  • Work Experience: Minimum 1 year of post-qualification professional experience.
  • Income: Annual professional income of at least ₹3 Lakh.
  • Citizenship: Indian

Documents Required for a Professional Loan in Ludhiana

Submit only a few necessary documents to get our loan to professionals:

  • Identity Proof
  • Residence Address Proof
  • Business Address Proof
  • Income Proof
  • Bank Account Statement
  • Professional Qualification Proof

Click to know more about the documents required in detail.

Interest Rate and Charges for Professional Loan in Ludhiana

Benefit from competitive interest rate and minimal charges:

Interest Rate
13%* p.a. onwards
Loan Amount
₹1 Lakh to ₹75 Lakh
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 in Ludhiana

  • Renovate your office space
  • Expand your practice
  • Meet working capital requirements
  • Recruit and train staff
  • Purchase the latest equipment

Who Can Get a Professional Loan in Ludhiana

  • Doctors
  • Chartered Accountants
  • Company Secretaries

Tips for a Successful Professional Loan Application

  • Identify the purpose of the loan
  • Get all the necessary documents ready
  • Calculate EMIs using the online EMI calculator
  • Lower your current debt-to-income ratio
  • Build your credit score to 750+
  • Provide all degree certificates for easy approval

Poonawalla Fincorp Branch Address in Ludhiana

Poonawalla Fincorp Limited

Address: 7th Floor, SCO 10 & 11, Feroz Gandhi Market, Above DCB Bank Ludhiana, Punjab-141001

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

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

 

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 can I use Poonawalla Fincorp's Professional Loan for?

You can use Poonawalla Fincorp's Professional Loan for various purposes, including expanding your practice, purchasing the latest technology equipment, refurbishing your office space, and pursuing higher professional degrees.

2. What factors affect my chances of availing lower interest rates on a Professional Loan?

The following factors affect your eligibility for lower interest rates on Poonawalla Fincorp's Professional Loan:

● Existing debts

● Payment habits

● Credit history

● Recent hard inquiries

 

3. What is the lowest EMI on a Professional Loan from Poonawalla Fincorp?

With our Professional Loan, you can spread your repayment costs across multiple EMIs with a tenure of at most 60 months. The lowest EMI starts at ₹2,275* per Lakh.