Elevate Your Career and Achieve More. Business Loans for Professionals Aiming for the Next Level.
Business loans for professionals are issued to self-employed professionals like Chartered Accountants (CAs), doctors, company secretaries, engineers, and architects. A business loan for self-employed professionals is designed to assist them in opening or expanding their office, branch, or clinic. For example, a business loan for doctors or a physician business loan can help medical practitioners to open a new medical center, buy expensive medical devices, or hire qualified personnel.
Grahaan Capital offers professional Business loans and has features like ease in eligibility criteria, minimal documentation, and also quick disbursement. The Business Loan for Professionals is a custom-designed loan product that is especially suited to the financial requirements of professionals from the medical, chartered accountant, engineer, architect, and lawyer fraternity. In addition, we offer special interest rates and attractively long-term business loans for doctors.
₹8,780
| Principal Amt: | ₹1,00,000 |
| Interest Amt: | ₹5,360 |
| Total Payable Amt: | ₹1,05,360 |
Get immediate approval for a business loan up to Rs. 1 Core. You can apply for our business loan online, as long as you meet some basic criteria mentioned below. Meet the simple requirements for business loan eligibility and complete the necessary documentation to receive the funds you require in as little as 24 hours* after approval.
* Charitable organizations, NGOs, and trusts are not eligible for a business loan.
Note: The above-mentioned eligibility criteria are for indicative purposes only. Actual eligibility criteria defined by Banks/NBFCs shall vary as per their sole discretion and shall be defined at the time of loan application submission.
Documents required for business loans to establish your business identity, income, loan repayment capacity, and place of business. Here are the few common set of documents that you will need to submit when applying for a business loan:
Although business loan rates and charges might differ significantly based on the credit history of the loan applicant and the business itself, the following table will provide you with a general indication of what to expect:
| Particulars | Charges |
| Business Loan Interest Rates | 9.75% p.a onwards |
| Loan Amount | ₹1 Lakh to ₹1 Core |
| Loan Processing Fees | Minimum 2% plus applicable taxes |
| Lowest EMI per month | Starting from ₹2,112* per Lakh for 60 months |
| Loan Tenure | 12 - 60 months |
| Prepayment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Interest | Minimum 3% per month |
| Repayment Instrument Dishonor Charges | Upto Rs. 2500/ + GST (if applicable) per bounce |
| Stamp Duty | At actuals (as per state) |
| * No Other Hidden Charges | |
Yes. Grahaan Capital professional loans are multi-purpose loans that are given to professionals like doctors, CA, CS, engineers, architects, and lawyers so that they can meet their diverse business-related financial requirements. Below are a few ways to use our professional loan:
A business loan for professionals can be used to bridge gaps in your working capital. You can use it to pay salaries to your employees, procure new equipment or machinery, and manage your day-to-day business operations. You can also use a corporate loan to start a new medical clinic, establish an accountancy firm, or develop marketing strategies for your business.
You can also use a professional loan to hire junior professionals or trainees under you. You can invest in their training and upskilling.
Should you need to acquire new spaces or premises to expand your existing office, you can take the help of a professional loan. You can also use to renovate or refurbish your existing office.
If you are an engineer or a doctor, you may need to invest in the latest technology and ensure state-of-the-art facilities for your clients or patients. You can use a professional loan for this purpose as well.
At Grahaan Capital, we provide business loans for professionals doctors, engineers, architects, lawyers, chartered accountants, and company secretaries with simple eligibility criteria and minimal documentation. Our eligibility criteria for professional loans depend on the applicant’s age, annual income, and professional experience, among others. Following are the requirements you need to fulfill to avail of our professional loan:
You must be a self-employed professional with a professional degree
Your age should be at least 21 years at the time of application and a maximum of 65 years at the time of the last EMI
You should have a professional experience of at least one year
The process for applying for business loans for professionals is simple and hassle-free. All you need to do is follow these steps:
On successful verification, the loan will be transferred to your bank account.
