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

Get a Professional Loan Tiruppur Online

Tiruppur, India's textile hub, is known for its thriving industries. Seize the opportunity and take your career to the next level with a Professional Loan in Tiruppur from Poonawalla Fincorp. Expand your practice, improve your skills, or upgrade your office space with our tailored loan. Get up to ₹75 Lakh at an attractive interest rate with minimal documentation, quick approval, flexible repayment tenure, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

No Collateral
Required
Attractive Interest
Rate
Digital
Application
Minimal
Documentation
Flexible
EMIs
No Hidden
Charges

Professional Loan EMI Calculator

Plan your monthly repayments with our easy-to-use 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 Tiruppur

Meet our simple eligibility criteria to qualify:

  • 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 Tiruppur

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 Tiruppur

Poonawalla Fincorp offers loan at attractive interest rate and nominal charges:

Interest Rates
13% p.a. onwards
Loan Amount
₹1 Lakh to ₹75 Lakh
Loan Processing Fees
2% plus applicable taxes
Lowest EMI per month
Starting from ₹2,124* 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 

Who Can Get a Professional Loan

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

Tips for a Successful Professional Loan Application

  • Meet the eligibility criteria 
  • Maintain a healthy debt-to-income ratio  
  • Review your credit score 
  • Provide accurate information 
  • Avoid multiple loan applications 

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 loan for professionals such as Chartered Accountants (CAs), doctors, Company Secretaries (CSs), etc., for fulfilling their financial requirements. The loan amount can be used for expanding practice, renovating office space, or upgrading their skills. 

2. Is a Professional Loan secured or unsecured?

Poonawalla Fincorp offers unsecured loans for professionals such as doctors, CAs and CSs. You need not pledge any collateral as security to avail of the loan. 

 

3. What is the maximum tenure of a Professional Loan

The maximum tenure for a loan for professionals is 60 months, and the minimum tenure is 12 months. You can choose a tenure that suits you the best.