BAJAJ FINSERV DIRECT LIMITED
Doctor Loan ✓ Loan of up to ₹45 Lakhs ✓ Quick Disbursal ✓ Minimal Documentation

L&T Financial Services Loan to Professionals

Know more about the loan to professionals offered by L&T Financial Services on Bajaj Markets

Starting Interest Rate

11.50% p.a.

Max. Loan Amount

₹75 Lakhs

Max. Tenure

60 Months

Want to open your own clinic or start your own CA firm? Accomplish all your dreams with a loan of up ₹75 Lakhs offered by L&T Financial Services on Bajaj Markets. This loan enables you to enjoy lower interest rates starting at just 11.50% p.a. You can also repay the loan over a tenure of up to 60 months. Also, the flexi overdraft facility makes it easier to manage your finances and save on loan costs.

Interest Rates and Charges

The L&T Financial Services Loan to Professionals interest rates and charges are as follows:

Interest Rates

11.50% p.a. to 15.50% p.a.

Processing Fee

1.50% + GST

Foreclosure Charges

Within 6 months - 10% +GST

After 6 months - 5% + GST

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Features and Benefits

High Loan Amount

Borrow up to ₹75 Lakhs to buy new equipment, scale your practice, hire new staff, etc.

Low Interest Rates

Benefit from interest rates starting at just 11.50% p.a. 

Flexible Tenures

Enjoy loan tenures of up to 60 months and repay the loan at your convenience

Flexi Overdraft Facility

Pay interest only on the amount you utilise from the predetermined limits

Quick Disbursal

Receive the loan amount within 4 days of the application being approved

Zero Collateral

Get the required loan without providing any of your assets as collateral

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Eligibility Criteria and Documents Required

To be eligible for this loan, fulfil the following criteria:

  • You must be a self-employed doctor, chartered accountant (CA), or company secretary (CS)

  • You must fall within the age bracket of 24 to 65 years

Furthermore, you need to provide the following documents when applying for the loan:

  • KYC documents of the borrower and co-borrower (if applicable)

  • Degree or qualification proof

  • Proof of ownership

How to Apply?

Follow these simple steps to apply for an L&T Financial Services Professional Loan on Bajaj Markets:

  • Click on the ‘CHECK OFFER’ option on this page
  • Provide your personal and professional details
  • Select ‘L&T Financial Services’ from the list of lenders
  • Choose your preferred loan amount and tenure
  • Click on ‘Submit’
  • After this, a representative will contact you to guide you through the process.

FAQs

Can I get regular updates on my loan application status?

L&T Financial Services provides real-time updates on your loan application status. Reach out to the lender to get access to this facility. 

You can get this loan for professionals at interest rates starting from just 11.50% p.a. 

The loan amount is typically transferred to your account within 4 days of your application being approved. 

Yes, you can foreclose your loan to professionals. However, to utilise this facility, you may be asked to pay a penalty. If you close the loan within 6 months, then you are required to pay a 10% charge. Meanwhile, if you foreclose the loan after completing 6 months, you need to pay a 5% penalty. 

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