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

Secure a Professional Loan in Madurai With Flexible EMIs

Madurai is a renowned educational hub in Tamil Nadu, offering its residents various career growth opportunities. Reach new career heights in Madurai with a Professional Loan from Poonawalla Fincorp. Get a high loan amount of up to ₹75 Lakh to fund your office renovation project, upgrade practice, and enhance skills. Enjoy affordable interest rates, extended loan tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
Competitive Interest
Rate
Zero Hidden
Charges
Quick
Approval
Hassle-free
Application
Minimal
Paperwork

Professional Loan EMI Calculator

Plan your monthly repayments easily with the help of our online EMI calculator. Just enter the loan amount, tenure, and interest rates 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 Madurai

Qualify for our Professional Loan our loan to professionals by meeting these straightforward eligibility criteria:

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

Documents Required for a Professional Loan in Madurai

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 Madurai

We offer a Professional Loan 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

  • Set up a new office  
  • Purchase new equipment  
  • Manage cashflow needs 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Meet the eligibility requirements  
  • Have the necessary paperwork ready 
  • Improve your credit score 
  • Lower your credit utilisation ratio 
  • Get a stable employment  
  • Reduce your debt-to-income ratio 

Poonawalla Fincorp Branch Address in Madurai

Poonawalla Fincorp Limited 

Address: No. 12A, 4th Floor, ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016 

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 a Professional Loan?

A Professional Loan is an unsecured financial service tailored for self-employed professionals. It offers higher loan amounts, flexible repayment, and no collateral requirement. Our loan is an ideal solution for business expansion, equipment purchase, office setup, or managing cash flow. 

2. Can I repay a Professional Loan at my convenience?

Yes, Poonawalla Fincorp allows you to choose a repayment tenure that fits your financial situation. Hence, you can repay conveniently within a tenure of 12 to 60 months. 

 

3. Can a Chartered Accountant use a Professional Loan to hire staff in Madurai?

Yes, with Poonawalla Fincorp's loan to professionals, you can hire and even train staff. You can also use the capital for business expansion purposes and managing operational expenses.