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

Get a Professional Loan in Patna Online

Patna, the capital city of Bihar, is a bustling commercial and industrial hub in eastern India. It is home to a diverse range of businesses, including manufacturing, trading, services, etc. Seize the opportunities of the city and advance your career with a Professional Loan from Poonawalla Fincorp. Get access to a high loan amount at competitive interest rates and apply with minimal documentation for quick approval. Apply now!

Why Choose Poonawalla Fincorp

Online
Application
Attractive Interest
Rate
No Collateral
Required
Minimal
Paperwork
Flexible
Repayment Tenure
No Hidden
Charges

Professional Loan EMI Calculator

Plan your monthly instalments easily with our online EMI calculator. Just enter the loan amount, interest rate, and tenure. 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

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 Patna

Meet our simple and straightforward eligibility criteria:

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

Documents Required for a Professional Loan in Patna

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 necessary documents in detail. 

Interest Rate and Charges for a Professional Loan in Patna

Poonawalla Fincorp offers loans to professionals 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

  • Expanding your practice 
  • Enhancing your professional skills 
  • Renovating your office space 
  • Fulfilling working capital requirement 
  • Purchasing equipment 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Check your credit score 
  • Meet the eligibility criteria 
  • Reduce your existing debts 
  • Keep your Credit Utilisation Ratio (CUR) low 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Patna

Poonawalla Fincorp Limited 

Address:  Office no. 105, 1st Floor, Pandey Plaza, Exhibition Road, Patna, Bihar-800001 

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. Can I use a Professional Loan to hire new employees in Patna?

Yes, you can use the loan amount to hire new employees. Poonawalla Fincorp offers loans to professionals with no end-use restrictions. 

2. What is the maximum tenure for a Professional Loan in Patna?

Poonawalla Fincorp offers a loan to professionals with a flexible repayment tenure ranging from 12 to 60 months. 

 

3. Do I need to provide any collateral to avail of a Professional Loan?

No. We offer unsecured loans for professionals. You need not pledge any asset as collateral.