Types of Professional Loan

What is a Professional Loan?

A professional loan serves as a financial help provided to the individuals of different professions like doctors, chartered accountants to meet their financial requirements. The eligibility of this loan for an individual of certain profession depends on the qualification and skill-sets of the person in the business they are in, their capacity to pay the debts, their repayment history & their income.

Benefits of Professional Loan

1. No Collateral is Required

Professional Loans are unsecured loans & hence, they do not require a collateral. The borrower does not have to risk keeping an asset or a property as security for getting a professional loan.

2. Approval in 3 Minutes

One of the best things about professional loans is that they can get approved instantly. Professional Loans available on Finserv MARKETS get approved within 3 minutes.

3. Helps Grow and Sustain your Business

The financial aid from a professional loan can help expand your business/services, buy new equipment or machinery, renovate the business premises & can also be utilized for working capital.

Two major types of Professional Loan

• Professional Loan for Doctors

Professional Loan for a Doctor is specifically designed to meet the unique requirements of a professional doctor. Be it the renovation of the clinic, buying new medical equipment or maintaining cash flow, a professional loan provides financial assistance for medical need of a Doctor.

• Professional Loan for Chartered Accountant

Professional Loan for Chartered Accountants provides the best financial assistance that helps them not only run their business smoothly but also expand their practice. Fast and easy approval of professional loans acts as an added advantage for Chartered Accountants to maintain a steady working capital.

How to Apply for Professional Loan on Finserv MARKETS

1. Fill the Online Form

Simply fill in all your personal and employment details in the online form.

2. Enter the Loan Details

Next step, choose the loan amount you need and select your repayment tenure.

3. Approval & Disbursal

Get approval in just 3 minutes & money will be transferred into your bank account within a day.