Overview
Why wait to fulfill your professional or business expansion needs when you can start today? Loan Mitra offers fast and hassle free Unsecured Professional Loans for salaried personnel at attractive rate of interest. The entire process is fast and flexible and enables you to make your professional aspirations a reality.
Features And Benefits
Here are some of the major features and benefits of Professional Loans for salaried personnel
Multipurpose Loan
Loan Mitra offers Unsecured Professional Loans for diverse purposes ranging from all your business or professional needs. You are always covered for taking that next professional leap with quick and hassle free financing from Loan Mitra.
Loans up to Rs. 50 lakhs
Loan Mitra offers Professional Loans amount of Rs. 50 lakhs in order to ensure that you are always well capitalized to meet wide ranging professional requirements.
Compelling Interest Rates
We believe in offering the most attractive rates of interest on our Professional Loans for salaried personnel. This makes repayment easier on your pocket.
Repayment Tenure up to 3 Years
Loan Mitra ensures greater ease of repayment with tenure going up to 3 years to facilitate maximum convenience.
Moratorium Period up to 1 year
Practicing professionals can also avail of a moratorium period up to 1 year which means that you can plan out things carefully and start repaying the loan after a year.
No Collateral Required
Loan Mitra does not seek any collateral or security for Professional Loans. This ensures greater peace of mind and convenience for our customers.
Zero Pre-Payment Charges*
We do not levy any charges on pre-payment and hence you can always use your surplus funds to clear your loan whenever you feel fit.
Higher Loan Eligibility & Flexible EMI provisions
In order to ensure easy approval for your loan, higher loan eligibility is offered by Loan Mitra and there are flexible EMI options which you can choose for maximum convenience while repaying your Professional Loans.
Swift Processing & Minimal Documentation
Loan Mitra prides itself on a swift processing model where the application and documentation procedure is conducted in a jiffy and is completely online and hassle free. Minimal documents are required.
Get finance approve within 2 working days
Finance for Professional Loans is approved within 2 working days in order to ensure that you get much-needed cash in quick time.
Fast online Application
You can simply click here to apply online for a Professional Loans. The entire process is online and will take only a few minutes of your time.
Eligibility And Documents
Eligibility
- Salaried professional aged between 21-45 years
- Minimum Net Monthly Salary of Rs. 25,000 and above
Documents Required
The documents required include the following
Application form with 2 photographs
KYC Documents:
- Address Proof (Passport/Aadhar Card/Electricity Bill/Registered Rent Agreement) and Copy of PAN Card
- Income Proof- 3 Months' Salary Slips & IT Returns for Last 2 Years for Salaried Professionals/Form 16
- Educational Qualification/Degree Certificates
- Existing Loan Details inclusive of Sanction Letter & Loan Account Statements for last 1 year
How To Apply
You can now apply for Professional Loan through the following steps:
- Click here to apply online
- Scan and upload documents online
- Verification & assessment
- Get Fund Disbursement in 2 working Days
Contact Us
In case you have any query or need any kind of assistance, please call us on (+91) 9881902174 or email us at info@loan-mitra.com. We would be delighted to answer any questions that you may have.By logging onto loan-mitra.com, you can save both time and money, while simultaneously getting the latest information on the financial products you seek.
Faqs
A Professional Loan for salaried personnel is a loan that is tailored to help professionals to meet their multi-purpose business/professional goals.
You can get Professional Loan up to Rs. 50 lakhs depending on internal ratings.
You can get professional loans up to Rs. 50 lakhs depending on internal ratings.
You can choose repayment tenure up to 3 years in the case of Professional Loans.
There are no pre-payment penalties* that you have to incur.
No. At Loan Mitra, we provide Professional Loans without taking any collateral security so you do not have to put up the same whatsoever.
We disburse funding for Professional Loans within 2 working days post verification.
You have to be between 21-45 years of age and a salaried professional with a net monthly salary/income of Rs. 25,000 (minimum) and above.
Yes, in case of practicing professionals, a moratorium period up to 1 year is provided and repayment of EMIs starts after this moratorium period gets over.
You have to provide the following documents-
- Income Proof- 3 Months' Salary Slips & IT Returns for Last 2 Years for Salaried Professionals/Form 16
- Bank Statements of last 6 months for main operational/salary bank account
- KYC Documents- Address Proof (Passport/Aadhar Card/Electricity Bill/Registered Rent Agreement) and Copy of PAN Card
- Details of all existing loans including Sanction Letters and Loan Account Statements for the last 1 year
- Educational Qualification/Degree Certificates