Professional Loans in Hyderabad

Professional loans in Hyderabad: Hyderabad is the capital of the Telangana, the one year old state located in southern India. The city is located on the banks of Musi River and artificial lakes fed by the river. Apart from artificial lakes city is also surrounded with hilly terrains highest of which is Banjara Hills which lies in the heart of the city. Hyderabad is densely populated with approximately 6.8 million people residing in it making Hyderabad 4th most populated cities in the country. Hyderabad is known for its exquisite cuisine, history and culture. The city was once the trade centre of pearls and diamonds because of which the city is also known as “The Pearl City”. The city also excels in art and handicrafts which has still has a Mughalai and Nizami touch. These works such as Bidri work, paintings, handmade jewellery, embroidery works and bangles are such trades that have been inherited from generation to generations and century to century can be found in traditional markets of Hyderabad.

Check Your Eligibility

About Professional Loans in Hyderabad

If you are a professional such as an Architect, Chartered Accountant, Company Secretary, or a Doctor in Hyderabad, professional loans in Hyderabad can help you establish your business. Professional loans can also be availed if the practising professional needs to expand his or her business.

You can avail professional loans in Hyderabad upto 40 Lakhs without giving any collateral at a competitive rate of interest. Professional loans can be availed for a long loan tenure of 12 to 60 months. These professional loans in Hyderabad come along with an advantage of part payment facility which means that you can pay back your loan amount and lower your EMI and ROI. The pre-payment can be made around 6 times in a year; however the prepayment amount cannot be more than a sum of 3 EMIs. These loans can also be closed by paying back the entire loan amount without incurring any charges towards the fore-closure of your loan.

Eligibility and Document Required

• For Post Graduate Doctors such as MDS/MD/DM/ MCH/MS with a minimum experience of 5 years of post-qualification experience.
• For Graduate Doctors such as MBBS/BDS with a minimum experience of 8 years of post-qualification experience
• Other practising professionals include CA, CS, architects with a substantial years of experience can apply.
• Professionals with a minimum gross income of Rs. 8 Lakhs in Tier 1 cities and Rs. 6 Lakhs in Tier 2 cities
• Last 2 years Income Tax Return
• Latest 3 months bank statement
• Education qualification certificate
• Pan Card
• Identity and address proof
• Documents required in case of a Co-applicant: Identity proof, Address proof and Relationship proof

How to Apply

You can apply for professional loans in Hyderabad at letzbank. It is simple and informative forum where you will be able to find all the professional products available in Hyderabad and all over the country in a comparative format. This will enable you to see which bank is offering you the best professional loan in Hyderabad. Applying on letzbank will help you waiver off services charges, since our online services on loan products are free of cost. So, what are you waiting for apply online for free today @ letzbank