Professional Loans in Delhi

"Professional Loans" are also known as ‘Business Loans for Professionals’ since it gives a platform for all professionals- salaried as well as self employed professionals to start their businesses. Professional Loans provide financial assistance for professionals who wish to expand the existing business. The professions considered eligible for professional loan are

• Doctors
• Chartered Accountants
• Company secretaries
• Architects
Delhi Professionals holding a professional degree and adequate amount of experience can venture into running their business buy availing Professional Loans in Delhi.

Check Your Eligibility

Know about your professional loan

Loan Amount and ROI:
Get loan for Rupees 30,00,000/- with ROI as low as 15.50%.
No Guarantor / Collateral:
No guarantor or collateral is required to avail your professional loan even while applying for your professional loan online.
Part Payment/ Part- Prepayment:
You can choose to make a pre payment or a partpayment to revise and reduce the entire loan tenor, the EMI’s or even choose to close your loan as soon as possible. You can make a part-prepayment six times in one financial year. The minimum pre-payment should be atleast a sum of three EMI’s
Nil Foreclosure charges:
You can close your professional loan anytime after the first EMI of your professional loan is paid without paying any additional cost towards your loan

Eligibility for availing Professional Loans in Delhi

• You should be a Post Graduate Doctor (MDS/MD/DM/ MCH/MS) with a minimum post qualification experience of 5 years.
• You are also eligible if you are a Graduate Doctor (MBBS/BDS) with a minimum experience post qualification experience of 8 years
• Other practicing professionals eligible to avail Professional Loans in Delhi are CA, CS, architects with substantial years of experience.
• Professionals with a minimum gross income of Rs. 8 Lakhs in Tier 1 cities and Rs. 6 Lakhs in Tier 2 cities

Documents required to avail Professional Loans in Delhi

• Last 2 years Income Tax Return, P&L statement audited by CA
• Latest 3 months bank statement
• Education qualification certificate
• Pan Card
• Identity Proof
• Address proof
• Documents required in case of a Co-applicant: Identity proof, Address proof and Relationship proof

How to Apply for Professional Loans in Delhi

• Letzbank displays professional loan products being offered by various partner banks on its website and presents in it in a comparative format for the ease of its customers.
• You can make use of our tools and services to design your EMI’s, ROI as well as your loan tenure.
• With our tools and services we will acquaint you with status of your loan at various stages which will help you take a well informed decision.
• We can also help you revisit your existing loan charges, so that you can redesign your EMI’s, rate of interest and tenor.
• You can submit your applications for professional loan online and we would not charge you any additional amount as a fee towards our services.
• Tracking your application is easier through online processing.
• Your information will be kept confidential with us.