Professional Loan

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Our Professional Loan is tailored to meet the financial needs of self-employed professionals such as doctors, chartered accountants, architects, and others. This loan helps you construct new chambers, clinics, or premises and purchase essential equipment and machinery for your profession.

Key Features:

  • Flexible Loan Amounts: Customized to suit your specific financial requirements.
  • Competitive Interest Rates: Affordable rates to ease your repayment process.
  • Flexible Tenure: Repayment options ranging from 12 to 84 months.
  • Quick Processing: Fast approval and disbursement.
  • Collateral-Free Options: Available up to a specified limit.

Eligibility Criteria:

  • Profession: Self-employed professionals like doctors, CAs, architects, etc.
  • Age: Between 25 and 65 years.
  • Experience: Minimum 3 years of professional practice.
  • Income: Stable income with verifiable proof.
  • Credit Score: Good credit history preferred.

Required Documents:

  • Identity Proof: Passport, Aadhar card, PAN card, etc.
  • Address Proof: Utility bills, rent agreement, etc.
  • Professional Qualification: Degrees and licenses.
  • Income Proof: Recent ITR, bank statements.
  • Business Proof: Practice license, registration certificate.

Application Process:

  • Check Eligibility: Ensure you meet the criteria.
  • Prepare Documents: Gather necessary documentation.
  • Apply: Submit your application online or visit our branch.
  • Verification: Our team will verify your details.
  • Approval and Disbursement: Loan amount credited to your account upon approval.

Benefits:

  • Practice Enhancement: Build or upgrade your professional premises.
  • Latest Equipment: Invest in cutting-edge tools and machinery.
  • Financial Flexibility: Manage professional expenses smoothly.
  • Tax Benefits: Enjoy tax advantages on interest payments as per law.

Conditions Apply:

  • Subject to bank policies and verification.
  • Final approval at the bank’s discretion.

For more details or to apply for our Professional Loan, please visit our website or contact our customer service team.