Loan for professionals

Why Choose Us?

Quick Process

Affordable EMIs

Flexible Tenure

Fast Disbursal

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Fund your business’ growth with the right Business Loan

Interest rate for Loans For Professionals

Starting from 10.75 %*

(*Terms and Conditions apply)

Loan Benefits & Features

Loan Benefits

Loan Amount 

  • Get up to ₹75 lakh in select locations. 

  • Loan amount depends on your credit history (repayment of previous loans). 

Affordable EMIs 

  • Choose from flexible and affordable EMI options. 

  • Repay loans over 12 to 60 months as per your choice. 

Approval and Offer 

  • Minimal documentation and quick loan disbursal. 

  • Special Professional Loan offers are available for doctors. 

Balance Transfer 

  • Transfer your existing loan to HDFC Bank to reduce EMIs. 

  • Enjoy interest rates as low as 13.29% and processing fees from 0.99%. 

Insurance 

  • Insurance protects your family from debt burden. 

  • Get insurance at a nominal premium. 

Convenience 

  • Get help via SMS, Webchat, PhoneBanking, Click2Talk, or at physical HDFC Bank branches. 

Loan Assistance Tools 

  • Utilise tools like EMI calculators for loan planning. 

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Fees & Charges

Enclosed below are HDFC Bank Loans for professionals Interest Rates & Charges

Senior Citizen Customers are eligible for discount of 10% on all service charges

Fee Charges
Rack Interest Rate Range 11.01% to 14.00%
Loan Processing Charges Up to 2.00% of the loan amount
NIL Processing Fees for loan facility up to Rs. 5 Lakh availed by Micro & Small Enterprises subject to URC submission prior to disbursal
Premature Closure Charges (For Full Payment)

Premature closure Charges (applicable on principal outstanding) post Cooling Period off / look-up Period.

  • Up-to 24 EMI repayment - 4% of principal outstanding,
  • Post 24 EMI and up to 36 EMI repayment - 3% of principal outstanding,
  • Post 36 EMI repayment - 2% of principal outstanding.
Premature Closure Charges (For Part payment)

Partial Premature closure charges (applicable on part payment amount) :-

  • Partial premature payment is allowed post payment of first EMI.
  • Post 01 EMI and up to 24 EMI repayment - 4% of part payment amount.
  • Post 24 EMI and up to 36 EMI repayment - 3% of part payment amount.
  • Post 36 EMI repayment- 2% of part payment amount.

Partial premature payment is allowed up to 25% of Principal Outstanding, only once in the
financial year and twice during the loan tenure.

NIL Premature Closure Charges for Fixed rate loan facility up to ₹ 50 Lakh availed by Micro & Small Enterprises, Closure from Own Source, and submission of Udyam Registration Certificate prior to disbursal.
Loan Closure Letter NIL
Duplicate Loan Closure Letter NIL
Solvency Certificate Not applicable
Charges for changing from fixed to floating rate of interest Not applicable
Charges for changing from floating to fixed rate of interest Not applicable
Stamp Duty & other statutory charges As per applicable laws of the state
Credit assessment charges Not applicable
Non standard repayment charges Not applicable
Repayment mode change charges Rs 500/-
Amortization Schedule Charges / Repayment Schedule Charges Rs 50/- Per Instance
Loan cancellation Charges & Rebooking Charges Loan cancellation Charges:

Loan cancellation is allowed within cooling off/look-up period from the loan disbursement date. In the event of loan cancellation, interest charged from date of disbursement till the date of loan cancellation will be borne by the customer. Processing Fee, Stamp duty, other statutory charges and GST are non-refundable charges and would not be waived/refunded in case of loan cancellation.

Rebooking Charges :- ₹ 1000/- + applicable government taxes
Payment Return Charges ₹ 450 Per Instance
Delayed instalment payment charge 18% p.a plus applicable government taxes on overdue instalment amount
Legal /incidental charges At actual

Click here to know for detailed fees & charges associated with Loans For Professionals.

Rates offered to customer during the period of 1st Jan 2025 to 30th Mar 2025

IRR Q4 (2024-25)
Min IRR 10.50%
Max IRR 13.76%
Avg IRR 10.95%

*Government Taxes and other levies as applicable will be charged over and above the Fees and Charges

Loan at the sole discretion of HDFC Bank Ltd.

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Most Important Terms & Conditions

  • *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.

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Wondering if you’re eligible?

Work Experience

  • Doctors and CAs: 4 years post-qualification experience needed.
  • Company Secretaries and Architects: 5 years post-qualification experience needed.
  • Physiotherapists: Minimum 5 years post-qualification experience needed.

Other requirement

  • Age: 25-65 years
  • Income: minimum ₹1 lakh annually
  • Profitability: Business must be profitable for the last 2 years.
Loan For Professional

Documents required to get you started

Identity proof 

  • Copy of Aadhaar Card
  • Passport
  • Voters ID card
  • Driving Licence
  • PAN Card

Address proof

  • Copy of Aadhaar Card
  • Passport
  • Voters ID Card
  • Driving Licence

Income proof

  • 6 months bank statement.
  • 3 years ITR, along with computation of income.
  • Balance Sheet of last 2 years, audited by a CA.

More about Loan for Professionals

In a competitive and fast-paced professional landscape, having access to timely financial support can make all the difference. At HDFC Bank, we offer specialized Loans for Professionals designed to meet the unique needs of doctors, chartered accountants, architects, and other qualified experts. Whether you're looking to expand your practice, invest in new equipment, or manage working capital, our tailored loan solutions empower you to grow with confidence and take your career to the next level.

Here are some features of the HDFC Bank Loan for Professionals: 

1. Tailored Solutions: Customised loan products for various professional needs. 

2. Flexible Repayment: Options for flexible repayment schedules. 

3. Competitive Rates: Attractive interest rates for professionals.

4. Quick Processing: Fast application and disbursal process. 

5. Minimal Documentation: Simple documentation requirements. 

6. Higher Loan Amounts: Access to substantial loan amounts based on income. 

7. No Collateral Needed: Unsecured Loans available for eligible professionals. 

8. Tax Benefits: Potential tax benefits on interest paid. 

Here are some benefits of an HDFC Bank Loan for Professionals: 

  • Flexible Repayment: Tailored repayment options to suit professional incomes. 

  • Competitive Rates: Attractive interest rates for lower overall cost. 

  • Quick Disbursal: Fast processing and disbursal for urgent needs. 

  • Higher Loan Amounts: Access to substantial loan amounts based on eligibility. 

  • Minimal Documentation: Streamlined application process with less paperwork. 

  • Personalised Service: Dedicated support and advice for professionals. 

  • Easy EMI Options: Convenient EMI plans that fit your budget. 

You can apply for Instant Loans for Professionals through HDFC Bank by visiting our official website, using the mobile banking app or visiting a nearby branch. The application process is straightforward, involving the submission of basic documents and a quick review. 

Frequently Asked Questions

Loans for Professionals are tailored financial products designed specifically for self-employed individuals in professional fields. Doctors, architects, engineers, lawyers and chartered accountants are a few of the professionals eligible for such loans. These loans help manage expenses related to their practices, expanding their businesses or meeting personal financial needs.

Loans for Professionals offer several benefits, including higher loan amounts up to ₹75 lakh, flexible repayment tenures and competitive interest rates. They are designed to meet the unique financial needs of professionals, often requiring minimal documentation and having quick approval processes. 

The tenure for Loans for Professionals typically ranges from 12 to 60 months. This allows borrowers to choose a repayment period that suits their financial situation and repayment capacity.

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