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No Collateral Required

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10.50% R.O.I. (starting)

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Minimal Documentation

How does Professional Loan
in Odisha Work?

In Odisha, working professionals contribute to a unique blend of tradition and progress. Engaged in mining, agriculture, and emerging sectors like IT, they navigate challenges such as infrastructure while honoring the state's cultural heritage. Professionals drive growth while fostering a sustainable coexistence with its diverse ecosystems and communities. There are times when you face financial challenges and at that time it is apt to utilize your qualifications and get a professional loan.

A Professional loan is an unsecured loan offered to professionals with a specific degree or qualifications. This loan is offered to Chartered Accountants, Company Secretaries, Doctors, and Architects. All professionals with the degree of these qualifications can avail the financial aid. Many Banks and NBFCs are providing professional loans starting from 10.50% P.A.  With minimal documentation and the lowest interest rates get the professional loan approved hassle-free. Pass the financial difficulties with ease.


How does Professional Loan in Odisha Work?

Eligibility and Documentation for
Professional Loan in Odisha

1. Nationality: The candidate should have citizenship in India to apply for a professional loan.

2. Age: The age of the applicant should be between 22 years- 72 years.

3. CIBIL Score: A borrower must have a CIBIL score higher than 700  for applying for a Professional loan.

Documents Required for Professional Loan in Odisha

Mentioned below are the documents required for Professional Loan.

1. Voter ID

2. Adhaar card

3. PAN card

4. Bank Details for the last three months

5. Certificate of Practice / Degree


Eligibility and Documentation for Professional Loan in Odisha

How to apply for a Professional
Loan in Odisha?

Professional Loans from My Mudra can be applied by following the steps mentioned below. 

1. Apply for Professional Loan online by clicking on the Apply Now Button and filling in the required details.

2. Our agent shall call you and give you a brief about the process of a Professional Loan.

3. Complete the documentation online and track the status of your loan application through the My Mudra portal.

4. Get quick approval and disbursement of your Professional Loan


How to apply for a Professional Loan in Odisha?

Which Banks to Apply for the Professional Loan in Odisha?

 

Bank

Interest Rate

Processing Fee

Loan Amount

HDFC Bank

Starting from 10.50

Up to 2.50% of the loan amount subject to a minimum of Rs.2,359 and a maximum of Rs.88,500

Up to Rs.75 lakh

IDFC FIRST Bank

10.85% onwards

Up to 3.5% of the loan amount

Up to 1 Cr

IndusInd Bank

13% onwards

2% onwards

Up to 35 lacs

Axis Bank

14.25% onwards

Up to 2% of the loan amount

Up to Rs.50 lakh

 

Loan Amount

Tenure

MO

Interest Rate

%

Your Monthly loan emi Rs.23,537

Monthly amount paid to your loan provider

Interest rate

Total Payble Amount

Rs.5,64,882

your loan details as specified by you

Loan Amount
Rs.5,00,000
Tenure
24
M
Interest Rate
12
%