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

Empower Your Professional Growth with Ideal Financing Solution

Vijayawada is known for its rapidly evolving commercial and industrial sectors. It is also considered to be the educational capital of the state. Advance your career in this city with a Professional Loan from Poonawalla Fincorp. Get up to ₹50 Lakh with this collateral-free loan. Enjoy attractive interest rate, online application, minimal paperwork, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Sanction
Amount
Attractive Interest
Rate
Collateral-free
Loan
Minimal
Documentation
Swift
Approval
Flexible
Repayment Tenure

Professional Loan EMI Calculator

Plan your monthly repayments with our user-friendly 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

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 Vijayawada

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: At least ₹3 Lakh.

Documents Required for a Professional Loan in Vijayawada

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 Vijaywada

Get the loan at competitive interest rate and transparent 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

  • Expanding your practice 
  • Enhancing your professional skills 
  • Renovating your office space 
  • Purchasing equipment 
  • Raising working capital 
  • Hiring staff 

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

Poonawalla Fincorp Vijayawada Branch Address

Poonawalla Fincorp Limited 

Address: 3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010 

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 the tenure for a loan for professionals?

Poonawalla Fincorp offers loans to professionals with a flexible repayment tenure from 12 to 60 months. You can choose a tenure that suits your repayment capacity. 

2. Do I need to pledge any collateral to avail of the loan?

No. Poonawalla Fincorp offers collateral-free loans for professionals at attractive interest rates. 

 

3. What are the Professional Loan processing fees?

Poonawalla Fincorp offers loans to professionals at a nominal processing fee of up to 3%.