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

Get a Professional Loan in Panipat With Flexible Repayment Tenure

Panipat, once famous for its historical battles that shaped India’s history, is now a rapidly growing city, offering its residents various growth opportunities. Capitalise on those emerging opportunities with a Professional Loan from Poonawalla Fincorp. Avail of up to ₹75 Lakh to transform your office space, upgrade practise, or enhance skills. Benefit from competitive interest rates, extended loan tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
High Loan
Amount
Competitive
Interest Rate
Zero Hidden
Charges
Hassle-free
Application
Minimal
Paperwork

Professional Loan EMI Calculator

Check your monthly repayments using our online EMI calculator. Enter the loan amount, interest rate, and tenure for 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

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 Panipat

Meet our simple eligibility criteria:

  • Age: Between 24 and 65 years
  • Citizenship: Indian.
  • Work Experience: Must be practising for at least 1 year post qualification.
  • Annual Income: Minimum ₹3 Lakh.

Documents Required for a Professional Loan in Panipat

Submit the required documents based on whether you are self-employed or working with a firm/company:

  • Identity Proof
  • Residential Address Proof
  • Business Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about the documents required in detail.

Interest Rate and Charges for a Professional Loan in Panipat

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
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 taxes
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 practise
  • Develop innovative solutions
  • Improve financial forecasting
  • Strengthen business infrastructure
  • Optimise management efficiency

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Check your credit score before applying
  • Prepare a comprehensive plan for fund usage
  • Gather the required financial documents
  • Showcase strong cashflow from your business
  • Demonstrate sufficient personal income
  • Ensure accurate and complete application

Poonawalla Fincorp Branch Address in Panipat

Address:2nd Floor, SCO 32, sector 11, Panipat, Haryana-132103
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 benefits of choosing Poonawalla Fincorp for a Professional Loan in Panipat?

Our Professional Loans in Panipat offer flexible repayment tenures, competitive interest rates, minimal documentation, and quick disbursal, making it a convenient and hassle-free financing option for professionals.

2. Can I use a Professional Loan to upgrade my business equipment?

Yes, you can use a Professional Loan to upgrade or purchase new business equipment, software, or technology in Panipat which will help you stay competitive and improve your business operations.

3. Are there any prepayment charges for a Professional Loan?

Yes, 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 foreclosure of loan.