Professional Loans in Bangalore

Professional Loans in Bangalore: Bangalore Professionals - you can now give your career a boost with business loans available in Silicon City - Bangalore for setting up your business in your respective fields. “Professional Loans” are sometimes also referred to as ‘Business Loan for Professionals’. These loans include loans for salaried as well as self employed professionals who aim at starting up their own business or expand the already existing set up. The professions considered eligible for professional loan are: Doctors, Chartered Accountants, Company secretaries and Architects.

Check Your Eligibility

Know about your professional loan

• Bangalore professionals can now apply for hassle-free professional loans upto Rs.40,00,000/-
• Rate of interest applicable on professional loans are upto 15.50%.
• You can obtain Professional Loans without providing any guarantor or collaterals
• Professional loans are not just easy to get but also easy to close with Nil Fore-Charges and Pre-part payment facility available on your professional loans.
• You can choose to make re-payment simply through ECS.

Documents you would need to apply for Professional Loans in Bangalore

• Application form with recent self-attested photograph attached.
• Identity Proof (Passport / Voter ID/ Driving License/ PAN Card, etc)
• Address Proof (Ration card/ Electricity Bill/ Telephone Bill/ Rental agreement / Passport/ Bank Passbook or Bank Statement/Driving License)
• Age proof (PAN Card, Passport, any other certificate from a statutory authority)
• Proof of business existence and continuity
• Bank statement or an updated Bank Passbook for last 6 months
• Profit and loss statement for last 3 years
• Balance sheet for last 3 years
• Income Tax Returns for last 3 years (for self and business) duly certified by a CA

Eligibility criteria

• Certificates of the highest qualification obtained
• 5 – 8 years practice certificate as a professional which should be considered starting from the post- qualification experience
• Above 25 years of age at the time of submission of your application and 65 years of age by the end of Loan tenure.

Where and how to apply for Professional Loans in Bangalore

• You can now get online and compare offers on Professional Loans from various partner banks.
• Use tools and services available on the website letzbank to design your EMI’s and ROI.
• With specially designed tools and services at Letzbank we help you plan your EMI and ROI apart from acquainting you with status of your loan at various stages.
• We also help you revisit your existing professional loan charges, so that you can redesign your EMI’s, rate of interest and tenor for the ease of re-payment.
• Tracking your application is simple and easier through our online application process and there are no chances of you losing your valuable certificates or documents.
• Confidentiality of your documents is of utter importance to us and we maintain the confidentiality as we do not do any third party dealing for processing your applications and also through secure data processing.
• You can access our online services 100% “Free of Cost” on our online portal without incurring any added fee towards our online services.