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We help you to find Professional loan services!!
Sommet Finance here we focus on customer satisfaction as much as possible. Quality of work is what we provide. Experience it yourself. We can provide assistance in all types of financial problems. We could help you out if you don’t have money by availing you any type of Loan. and we could help you out if you have money by consulting you where to invest in Shares, Mutual Funds, etc. And also if your in need of any kind of Compliances related to CA & CS. ITR, GST, and other Compliances. That’s the reason we at Sommet Finance believe in “Support for All”.
Since Sommet Finance already has strong relationships with premier Banks and Financial Institutions, you can do Home Loan interest rates comparison through our easy to use Home Loan comparison tool. Go ahead & compare the Professional Loan available from different banks to see which one suits you the best.
Here are a few reasons to use Sommet Finance to connect with Professional Loan providers: –
- A huge selection of top Professional Loan service providers in Mumbai.
- Connect instantly with Professional Loan service providers.
- Service quotes from various Professional Loan providers before choosing one that suits your requirements the best.
- Avail the best deals within your budget with minimal effort How can Sommet Finance help?
- Sommet Finance helps you by doing away with the need to locating the right technician to address your problem.
- Our service partners must adhere to certain standards of quality and punctuality.
- With Sommet Finance, fulfil any and every urgent or day to day need, easily and conveniently.
Professional Loan Documents
Reasons for Professional Loan
- A professional loan can be availed for requirements pertaining to business requirements such as purchase of equipment, business expansion, construction of business premises, renovating business premises, cash for working capital, amongst other business requirements.
- This loan can also be availed to finance work-related foreign trips, seminars and conferences.
- The loan is designed such that it helps the self-employed professional overcome a liquidity crunch in times of need and avoid dipping into their savings.
- Government banks, private banks as well as NBFCs offer professional loans.
Professional Loan Eligibility Criteria
The eligibility criteria for professional loan is simple, and similar to the eligibility criteria for personal loans. Those looking for a professional loan must be:
- The applicant needs to be a professional – Accountant, Dentist, Doctor, Engineer, Surveyor, Architect, etc.
- Must be practicing their trade successfully for at least 2 years
- Must be a licensed self-employed professional—must possess licenses issued by state or central bodies.
- Should be ideally within 21 to 65 years old. The age criteria differs from lender to lender.
The general documents required are KYC documents and documents pertaining to your profession. Following is an overview:
- Educational degree documents: Qualification proof of the highest professional degree.
- PAN Card – For Company /Firm/ individual.
- KYC documents – Aadhaar Card/Passport/Voters ID card/driving license/Pan Card.
- Residence Proof – Aadhaar Card/Passport/Voters ID Card/Driving License
- Last 6 months Bank Statement
- Latest ITR along with computation of income, Balance sheet and Profit & Loss a/c for the last 2 years. Duly attested by a CA.
- Proof of continuation of business (ITR / Trade license / Establishment / Sales Tax certificate)
- Other documents as mandated by the lender.