Professional Loan

Overview

Why wait to fulfill your professional or business expansion needs when you can start today? TAB Capital 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 LoanTAB Capital 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 TAB Capital.
  • Loans up to Rs. 50 Lakhs TAB Capital 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 TAB Capital 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 TAB Capital 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 TAB Capital and there are flexible EMI options which you can choose for maximum convenience while repaying your Professional Loans.
  • Swift Processing & Minimal Documentation TAB Capital 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 within 2 working days Finance for Professional Loans is disbursed 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.

*It should be noted that the loan amount & rate of interest are finally decided as per internal ratings.

Eligibility and Documents

Eligibility

The Eligibility guidelines for Professional Loans for salaried personnel are as follows-

  • Salaried professional between 21-45 years of age
  • Minimum net monthly salary of Rs. 25,000 and above

Documents Required

The documents required include the following-

  • KYC Documents:
    • Address Proof (Aadhar Card/Passport/Registered Rent Agreement/Electricity Bill) & Pan Card Copy
    • Income Proof- Last 3 Months' Salary Slips & Last 2 Years IT Returns/Form 16 for salaried personnel
    • Educational Qualification/Degree Certificates
    • Existing Loan Details inclusive of Sanction Letter & Loan Account Statements for last 1 year

How Do I Apply?

You can simply click here to apply online for a Professional Loans at TAB Capital.

  • Click here to Apply Online
  • Upload Documents Online
  • Verification & assessment
  • Get Fund Disbursement in 2 working Days

Contact Us

You can reach out to TAB Capital by dialing +91-020-65809000 or sending an email to info@tabcapital.co.in

FAQs

  • What is a Professional Loan? A Professional Loan for salaried personnel is a loan that is tailored to help professionals to meet their multi-purpose business/professional goals.
  • What is the maximum amount that I can get? You can get professional loans up to Rs. 50 lakhs depending on internal ratings.
  • What are the repayment guidelines? You can choose repayment tenure up to 3 years in the case of Professional Loans.
  • Are there any pre-payment charges? There are no pre-payment penalties* that you have to incur.
  • Will I have to provide any security/collateral for the Professional Loan? No. At TAB Capital, we provide Professional Loans without any collateral or security so you do not have to put up the same whatsoever.
  • How long will it take for me to get funding? We disburse funding for Professional Loans within 2 working days post verification.
  • How to know whether I am eligible for the Professional Loan or not? 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.
  • Is there any moratorium period? 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.
  • What are the documents required to obtain the Professional Loan?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

*Terms & Conditions Apply