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

Apply for a Professional Loan in Nellore With Minimal Documentation

Nellore, a thriving city in Andhra Pradesh, has witnessed remarkable growth and transformation over the past few decades. Grow your career in this developing city with a Professional Loan from Poonawalla Fincorp. Access quick funds of up to ₹75 Lakh to upgrade practise, enhance skills, or renovate office. Benefit from attractive interest rates, flexible loan tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Instant
Disbursal
Minimal
Paperwork Required
Flexible Repayment
Tenure
No Hidden
Charges
Quick
Approval
Attractive
Interest Rate

Professional Loan EMI Calculator

Use our online EMI calculator to check your monthly repayments. Enter the loan amount, interest rate, and tenure to generate instant results. Apply 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 Nellore

Meet our basic eligibility requirements to access quick funds:

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

Documents Required for a Professional Loan in Nellore

Submit these necessary documents to get our loan to professionals:

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

Click to know more about documents required in detail.

Interest Rate and Charges for Professional Loan in Nellore

Secure quick funds at affordable interest rate and minimal charges:

Interest Rates
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 

  • Consolidate existing debts 
  • Recruit and train staff  
  • Upgrade to the latest technology 
  • Develop strategic branding initiatives 
  • Improve financial management 
  • Expand your clinic or office 

Who Can Get a Professional Loan 

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

Tips for a Successful Professional Loan Application

  • Maintain a good credit history 
  • Select a tenure that suits your finances 
  • Provide detailed financial projections 
  • Showcase a stable income 
  • Ensure you meet all eligibility criteria  

Poonawalla Fincorp Branch Address in Nellore

Address: 4th floor, Sri Chamundeswari Plaza, House no.24/2/418, Saraswathi Nagar, Dargamitta, Nellore, Andhra Pradesh-524003 

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. Who can avail of a Professional Loan in Nellore?

Poonawalla Fincorp offers Professional Loans to a wide range of self-employed professionals in Nellore, including doctors, Chartered Accountants (CA) and Company Secretaries (CS) to help them achieve their financial goals. However, the applications must meet the basic eligibility criteria.

2. What is the interest rate of a Professional Loan?

The interest rate of Poonawalla Fincorp’s Professional Loan starts at 13%*p.a. However, the final rate may change depending on your credit profile, loan amount, and tenure.

 

3. Can I use a Professional Loan to expand my business operations in Nellore?

Yes, you can use this loan to expand your business operations, increase production capacity, hire new staff, or enter new markets. This loan provides you with sufficient capital to take your business to the next level.