Loan To
Professionals

Loan To Professionals

With a loan to professionals, CA, Architects, Lawyers, Doctors, Professionals, and Non-Professionals can set milestones for their future and fulfill their ambitions with personalized deals and collateral-free funds. There are several lenders and financiers in India, well-known and influential, offering tailor-made personal loan for professionals at preferential interest and tenure for upgrading a business, purchasing inventory, or expanding their practice.

By consolidating debt, building credit, and providing much-needed funds for major financial milestones, this personal loan for professionals will help you take control of your finances and reach your long-term financial goals.

To meet the needs of diverse professionals and the financial commitments of working professionals, the loan to professionals has been designed with the needs of ambitious and hardworking professionals in mind. Financial health is essential to success in any field, and these loans will help to promote it quickly and without exhausting savings. With flexible repayment options and low-interest rates, this personal loan for professionals is the perfect solution for busy professionals who want to get ahead without sacrificing their financial well-being.

Unique Points & Features

Zero collateral loan

Get an instant loan of up to 45 lakhs without giving up your property as collateral or security.

Instant capital 

The online application process at Loanz360 is a pro-comfort facility and is beneficial in promoting quick approvals, processing, and disbursals.

Minimal and easy documentation 

The easy and hassle-free documentation process will ensure the applicants will go through a minimal submission with the help of our agent guiding you through every step of the application procedure.

Doorstep services

You can now receive any documents or other service-related reports at your doorstep without stepping out from the comfort of your home.

Zero prepayments and foreclosure charges

There are several tailor-made options available at Loanz360 regarding foreclosure, prepayment, and part payment offers with low or no fee choices.

Industry best interest rates

You can now aim to make your EMIs attractive and affordable with our partners at Loanz360 who have a wide range of financial services offered at competitive rates.

Flexi Loan

Pick the Flexi loan option to get an overdraft on your loan and repay only for the funds used.

Top-up facility

Top-up and unique loan transfer facilities will help you get better deals on your loan with new, updated, or revised contract plans from our financial partners.

Extended repayment tenors 

The flexible funding options allow the customers to choose a loan sum up to 75 lakhs or more varying from lender to lender with a repayment period spanning over the flexible tenors extending up to 84 months.

Special offers on loans

Get special offers on the loan customized to your profession from several Banks & NBFCs without the demand of complicated paperwork.

Types

Loan For Doctors: Loan for doctors up to 2 crores can be availed by Super specialists (MD/MS/DM/MCh), Physiotherapist, Graduates (MBBS), Dentists (MDS/BDS), Veterinary, and Homeopathic & Ayurvedic (BAMS/BHMS) registered under the medical council.

Loan To CA: Chartered accounts can avail of this loan to support their business or personal needs from paying off rent to managing business cash flow.

Loan To Architects: Professional engineers and architects can avail of a professional loan to raise capital for personal financing or funding their business. IT, Civil, Mechanical, Electronic, Computer Science, and other engineering professionals can get a loan of up to 3.5 crores with this loan type.

Loan To Other Professionals: Other professionals including lawyers, secretaries, commercial pilots, etc can benefit from this type of loan with attractive interest rates and nominal fee options.

Loan To Non-Individuals: This type of loan can be availed by specialty or non-specialty clinics, nursing homes, diagnostic centers, etc.

Eligibility Criteria

Age: 23 – 68 years (Conditions Apply)

Type of Applicants: 

CA/Medical Professionals/Architects/Advocates/Actors/Designers/Financial Consultants/Photographer/Etc

Type By Ownership: Private LTD/Partnership/Individual/LLP/Public LTD/Sole Proprietorship

Nationality: Resident of India

Income: Regular & Stable Monthly Income with a minimum of 1 Lakh P.A (Can add other income sources to increase eligibility)

Credit/CIBIL Score: Any profile (Credit score ~ 700 or above has a higher chance of getting a quick and instant loan with high funding at lower interest rates)

Work Experience: 

  • Professional degree (or) diploma for young professionals
  • 3-5 years of prior experience in better deals on big loans

Business Vintage: 2 years and above (Business should not be blacklisted)

Note: The eligibility criteria mentioned above are generic and may vary from lender to lender. Please reach out to us at Loanz360 for a personalized eligibility chart.

Documentation

KYC Documents (Authorized Signatories Of All Promoters/Firms, If Applicable): Passport/Voter ID/Aadhar Card/Driving License/PAN Card/Rent(or)Utility Bills(Accepted As Address Proof)

Income Proof Documents – 

  • Self-employed/Business Owners: Trade License/Latest copy of Income Tax Returns (ITR) for 2 years with C. A certified Balance Sheet, Profit, & Loss Statements/Ownership proof/MOA & AOA/Board Resolution/Certificate of Practice/ Sales Tax Certificate/Partnership Deed/ GST Registration and Filing Documents/ or Shop Act License for Business Owners.
  • Salaried individuals: Copy of the latest six months’ bank statements/Form 16/Copy of the latest 2 years ITR

 

Additional Documents: Professional Diploma/Degree (For young professionals), Property Documents (Unsecured Loan)/Duly filled application form/2 Passport-Sized Photographs

Note: The list of documents mentioned above may be generic and vary from lender to lender. Please reach out to us at Loanz360 to obtain the list of definitive documents needed at the time of your loan application.

Charges & Interest Rate

CURRENT PERSONAL LOAN FOR PROFESSIONALS INTEREST RATES START 10.85% P.A ONWARDS.

Compare interest rates and check more deals offered on a personal loan for professionals by our financial partners at Loanz360 in 2022.

Bank Name

Interest Rate (P.A)

HDFC

11.01% onwards

IDFC

10.85%

IndusInd Bank

13.00%

Axis Bank

14.25%

Bajaj Finserv

14.00%

IDFC First Bank

10.49%

Note: Our financial partners are not limited to the above-mentioned banks. Contact Loanz360 to get a personalized chart on interest rates and charges on any of our financial partners.

FAQ