Professional Loan – bharatdhanpayi.com

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Professional Loan - Smart Finance for Professionals Fuel Your Ambitions, Instantly

A Professional Loan is designed to meet the financial needs of self-employed professionals like doctors, engineers, architects, lawyers, CA, consultants, etc.

1 Funds for Practice Setup – Open/expand office, clinic, or workspace.
2 Purchase of Equipment – Finance machinery, computers, or medical tools
3 Working Capital Support – Manage daily operational expenses smoothly
4 No Collateral Required – Unsecured loan available for eligible professionals
5 Flexible Tenure – Easy repayment options
6 Quick Disbursal – Fast approval with minimal documentation

Eligibility Criteria for Professional Loan

Age: 22 – 65 years
Must be a self-employed professional (Doctor, CA, Lawyer, Architect, etc.)
Proof of professional qualification & practice
Income proof / ITR required
Good credit history preferred

Overview

EMI

On a specific date, the borrower makes an instalment payment to a lender. The EMI amount remains constant throughout the loan term.

A Foreclosure

Foreclosure means a method of paying off the entire unpaid loan amount before the due date comes around. An Instant loan typically has a lock-in term after which you can opt to foreclose the remaining debt and repay the total loan amount. However, we normally suggest you to foreclose your debt when you have some extra income.

Part Prepayment

Part-prepayment allows you to repay a portion of your loan via multiple EMIs. This is an easy approach to reduce your interest payable. Your part-prepayment amount is taken from your outstanding principal as of the month in which you make the prepayment. If you have extra cash and wish to utilize it to pay off anything, you might choose a part-prepayment option.

Bullet Payout

The borrower is required to pay interest every month. At the end of the term, the entire principal amount will be repaid in one large payment. You can also make part payments on your loan at no additional cost.