Professional Loans

The versatility of a professional loan makes it a valuable tool for professionals looking to grow their practice or manage personal financial obligations efficiently.             

Features and Benefits of a Professional Loan

Professional loans come with a range of features that cater specifically to the unique needs of professionals.

• These loans offer higher loan amounts compared to standard personal loans


• Offers flexibility in loan usage, allowing funds to be allocated for both business and personal purposes.


• It comes with competitive interest rates and flexible repayment schedules.


• A quick and easy online application makes it easier for professionals to get financial help in time.


• Offers favourable terms such as lower interest rates and flexible repayment options.

Steps to Apply for a Professional Loan

Step 1: You can apply for a professional loan online on the Airtel Thanks App.

Step 2: Click on the ‘Apply Now’ button, provide the required details, and submit the necessary documents.

Step 3: Choose the loan amount you wish to avail of.

Step 4: Submit the required documents for verification.

Step 5: Once the documents are approved, the loan amount will be disbursed to your bank account.

Professional Loan Interest Rates

The professional loan interest rate for doctors and chartered accountants is quite low, ranging from 11.01% to 14.00% per annum.

Documents Required for Professional Loan

• Qualification proof of the highest professional degree.


• PAN Card – For Company/ Firm/ Individual


• Identity proof: Aadhaar Card/ Passport/ Voters ID card/ Driving License/ PAN Card


• Address proof: Aadhaar Card/ Passport/ Voters ID Card/ Driving License


• Bank Account Statement for the last 6 months


• Latest ITR along with computation of income, Balance Sheet and Profit & Loss Account for the last 2 years.


• Proof of continuation (ITR/ Trade License / Establishment Certificate/ Sales Tax certificate)

Fees and Charges for Professional Loan

The loan processing charge for a professional loan is up to 2.00% of the loan amount. NIL Processing Fees for loan facilities up to Rs. 5 lakh are availed by Micro & Small enterprises, subject to URC submission prior to disbursal

What are the Eligibility Criteria for a Professional Loan?

To qualify for professional loans, applicants must meet certain criteria. They are as follows:

• To be eligible for a physician loan, a doctor must possess a recognised medical degree and a valid practice license.


• The applicant should have a stable income history and good credit to manage the loan repayments.


• A minimum number of years of professional experience with a consistent track record in their field.