Give your professional practice a boost with instant loans
Loan amount
Get up to a maximum of ₹ 75 lakhs Loan amount is based on credit history (repayment of previous loans)
Interest Rate
Interest Rate between 10.25% to 21.00%.
Tenure
Repay loans in easy instalments from 12 to 60 months as per your repayment choice
Processing Fees
A processing fee of up to 2% of the loan amount and requisite documentation charges are applicable, and the same is deducted from the loan amount at the time of disbursal.
Loan Eligibility
Profession type
Professionals such as Doctors Professionals such as Doctors, physiotherapist, Chartered Accountants, Architects and Company Secretaries who are consulting or practising
Work experience
Doctors and Chartered Accountants – 2 years post qualification Company Secretaries and Architects – 3 years post qualification Physiotherapist – Min 2 years post qualification
Age
23 years of age and under 65 when the loan matures
Minimum annual income
₹ 5 lakh per annum Business must be profit-making for 2 previous years
Documents required
- Qualification proof of the highest professional degree.
- PAN Card – For Company/ Firm/ Individual
- Identity proof: Copy of Aadhaar Card/ Passport/ Voters ID card/ Driving License/ PAN Pan Card
- Address proof: Copy of Aadhaar Card/ Passport/ Voters ID Card/ Driving License
- Bank Statement (latest 6 months)
- Latest ITR along with computation of income, Balance Sheet and Profit & Loss Account for the last 2 years. Financial should be certified or audited by a CA
- Proof of continuation (ITR/ Trade License / Establishment Certificate/ Sales Tax certificate)
- Other Mandatory Documents (Sole Proprietary Declaration Or Certified Copy of Partnership Deed, Director-certified true copy of Memorandum & Articles of Association & Board Resolution (Original)