Professional Loan
The Co-op. Bank of Mehsana Ltd. offers Professional Loans specially designed for self-employed professionals to support their business expansion, purchase of equipment, working capital, or office setup.
Eligibility
- Doctors, Chartered Accountants, Architects, Engineers, Lawyers, and other self-employed professionals
- Must possess a valid degree/license to practice
- Age: Minimum 21 years
Purpose
- Purchase of professional equipment/instruments
- Setting up or renovation of office/clinic
- Working capital or business expansion
- Vehicle purchase for professional use
Loan Amount
- Based on professional’s income, profile, and repayment capacity
- Attractive loan slabs to suit varying needs
Interest Rate
- Competitive and affordable interest rates
- Special concession for prompt repayment
Repayment Terms
- Flexible repayment tenure up to 60 months
- EMI-based or structured repayment options
Security
- Hypothecation of assets purchased
- Collateral or guarantor may be required based on loan amount
Benefits
- Quick processing with minimal paperwork
- Tailored for professionals’ financial goals
- Dedicated customer support
For more details, visit your nearest branch of The Co-op. Bank of Mehsana Ltd or contact customer service.
