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Documents Required for Loans for Professionals

  • Qualification proof of the highest professional degree.
  • PAN Card – For company/firm/individual.
  • 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.
  • Bank Statement (latest 6 months).
  • Latest ITR along with computation of income, Balance Sheet, and Profit and Loss Account for the last 2 years, certified or audited by a CA.
  • Proof of continuation (ITR/Trade License/Establishment Certificate/Sales Tax certificate).
  • Other Mandatory Documents (Sole Proprietary Declaration or Certified Copy of Partnership Deed, Director-certified true copy of Memorandum & Articles of Association and Board Resolution (Original)).
  • *Loan at the sole discretion of HDFC Bank Ltd.
  • Click here to read more about the HDFC Bank Loan for Professionals 
  • Click here for the most important Terms & Conditions 
  • Disclaimer: Terms and conditions apply. Loan for Professionals approvals are at the sole discretion of HDFC Bank Limited and are subject to documentation and verification as per the Bank's requirements. Interest rates are subject to change. Please check with your RM or the closest bank branch for current interest rates.

Frequently Asked Questions

To apply for a Loans for Professionals, you need to submit several documents. These include proof of your highest professional degree, a PAN Card (for company/firm/individual) and identity proof such as a copy of your Aadhaar Card, Passport, Voters ID card, Driving Licence or PAN Card.

Additionally, you must provide an address proof document like a copy of your Aadhaar Card, Passport, Voters ID Card or Driving Licence. Bank statements for the latest 6 months, along with the latest Income Tax Returns (ITR) showing computation of income, Balance Sheet and Profit and Loss Account for the last 2 years, certified or audited by a CA, are also required.

You'll also need to submit proof of continuation (ITR/Trade License/Establishment Certificate/Sales Tax certificate) and other mandatory documents like a Sole Proprietary Declaration or Certified Copy of Partnership Deed, Director-certified true copy of Memorandum and Articles of Association and Board Resolution (Original). Please note that loan approval is at the sole discretion of HDFC Bank Ltd.

The documentation process for Loans for Professionals entails providing attested hard copies (for in-person applications) along with original documents for verification, or soft copies (for online applications) of the documents required. Borrowers need to provide ID, address, income, and business proof documents, as well as other mandated documents as per the officially valid documents list provided by HDFC Bank.

HDFC Bank requires proof of your highest professional degree as part of the documentation for a Loan for Professionals. This qualification document helps establish your professional credibility and is essential to initiate the loan application process.

For a Loan for Professionals, HDFC Bank accepts an Aadhaar Card, Passport, Voter ID Card, Driving License, or PAN Card as valid identity and address proof. You must submit clear copies of any of these documents to verify both your identity and residential address.

You must provide the latest Income Tax Returns along with income computation, Balance Sheet, and Profit and Loss Account for the past 2 years. These financials must be certified or audited by a Chartered Accountant, as required by HDFC Bank for a Loan for Professionals.

You need to submit your last 6 months' bank statement and proof of business continuation such as Income Tax Return, Trade License, Establishment Certificate, or Sales Tax Certificate as per HDFC Bank’s requirements for a Loan for Professionals.

Depending on your business type, you need to submit a Sole Proprietary Declaration, a certified Partnership Deed, or a director-certified Memorandum and Articles of Association with an original Board Resolution as mandated by HDFC Bank for a Loan for Professionals.

Yes, HDFC Bank requires a PAN Card copy for all types of applicants, including individuals, companies, and firms. The PAN Card serves as both identity verification and tax compliance proof for a Loan for Professionals.

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