Loan Against Property

 

Godrej Capital's Loan Against Property (LAP) is designed to support business growth with high loan eligibility, flexible EMIs, longer tenures, and a wide range of acceptable collaterals. This loan provides substantial funding based on property value, making it ideal for significant business investments and expansions.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Udyog Loan Against Property

 

For MSMEs aiming for growth, Godrej Capital Business Loans for small businesses offer the funds needed to expand their business and manage cash flow. Apply for MSME loan without collateral today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Commercial Property Loan

 

Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Balance Transfer

 

Transfer your existing loans to Godrej Capital and experience the benefits of lower interest rates, flexible repayment terms, and significant EMI savings. Enjoy higher eligibility, along with a top up loan, to take care of your extra needs.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Home Loan

 

Seeking a Home Loan to buy a ready-to-move-in property, an under-construction house, or renovate your current residence? Our Home Loan, featuring low interest rates and flexible EMI plans, is specifically designed to help you accomplish buying your dream home.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Plot Loan

 

Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors

 

Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our Professional Loans for doctors are here to help you. Apply today for a collateral free loan today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors

 

Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our Professional Loans for doctors are here to help you. Apply today for a collateral free loan today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for CAs

 

Godrej Capital's Professional Loan helps CAs in expanding practice, hiring new staff, enhancing equipment, and upgrading services for business growth. Get a loan without collateral and take your career to new heights.

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for MSMEs

 

For MSMEs aiming for growth, Godrej Capital Business Loans for small businesses offer the funds needed to expand their business and manage cash flow. Apply for MSME loan without collateral today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for Women

 

Are you a woman entrepreneur? Godrej Capital's Business Loans for women-owned MSMEs help them fuel growth and meet business needs without any collateral. Apply for a small business loan today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan

 

Empower your business with Godrej Capital's Business Loan, offering flexible financing solutions to help businesses take the next step for growth. Apply for online Business Loan without collateral today!

 

Key Benefits | Interest Rates | Calculators | Documents Required | FAQs



Professional Loan for Doctors


We empower you to scale your medical practice with modern equipment, improve patient facilities or hiring skilled staff with our Professional Loan for Doctors.

Professional Loan

for Doctors


We empower you to scale your medical practice with modern equipment, improve patient facilities or hiring skilled staff with our Professional Loan for Doctors.






Get seamless financing with our Professional Loan for Doctors in India, designed to meet your diverse financial needs effortlessly.

homekey

  • Zero collateral: Secure loans without mortgaging property or assets
  • Loan Amount of up to INR 35 lakhs
  • Competitive interest rate starting from 14% p.a.
  • Loan eligibility based on qualification and experience
  • Quick loan eligibility check within 24 hours of applying
  • Repayment tenure of up to 5 years
  • Minimal documentation for simplified loan process
  • Earn a good credit score and rewards on timely EMI repayments
  • Seamless and digitized journey
key-benefits

*T&C Apply




Godrej Capital's flexible repayment options help manage your finances, catering to your unique financial requirements.

homekey

  • "Design Your EMI" for flexible repayment, starting with lower amounts.
  • Pay only interest for a select quarter or a year
key-benefits

*T&C Apply



Turn your loan repayments into rewards with Godrej Capital BizRewards, making your financial journey even more rewarding.
 


homekey


  • Earn reward vouchers for timely loan repayments.
  • Get vouchers for lifestyle, wellness, fashion, travel, and more.
key-benefits

*T&C Apply


Designed for medical professionals, Professional Loan Flexi Funds similar to an overdraft facility offers flexible repayment helping in better financial management.

Professional Loan for CA

  • Repayment tenure of up to 5 years
  • Loan amount of up to INR 50 lakhs
  • Competitive interest rates
  • Pay interest on utilized amount only
  • Flexible usage of funds for medical practitioners
  • Choose from different loan variants
key-benefits

Hybrid Dropline Monthly Dropline
The withdrawal limit will remain fixed for the first two years and reduced every month for the remaining tenure. The withdrawal limit will be reduced every month equally throughout the loan tenure.

*T&C Apply



Interest Rates, Fees & Charges

 

Interest Rates,

Fees & Charges

 


Types of fees
Charges applicable
Rate of interest
Starting at 14% Per Annum
Loan Amount
INR 5 Lakhs to INR 35 Lakhs
Processing fees
Up to 2% of the loan amount
Foreclosure Charges
Up to 6% of principal outstanding at the time of foreclosure
Part Pre-payment charges
2% of amount prepaid 
Charges towards Stamp Duty As Applicable & Prescribed by the relevant Government Authority

*T&C Apply


Calculate Your Savings



%
Loan Tenure
Yrs
Ms

Your Monthly EMI

For the year at the % of interest rate

Total Interest Payable

Total Payment (Interest + Principal)


How to use the EMI Calculator?

  • Input the amount you need to avail as a loan using the slide bar
  • Key in the interest rate from 14-22%
  • Adjust the loan tenure options (months and years) to generate your monthly and total repayment

How our EMI Calculator can help you?

  • Aids in making a well-informed decision for your finances
  • Assesses the tenure that would be feasible for your loan repayment
  • Commences long-term financial planning basis the available EMI-related data
  • Gauges the amount of interest you would pay
%
Loan Tenure
Yrs
Ms

Your EMI Will Be

Your Eligibility


How to use the Eligibility Calculator?

  • Input your net monthly income using the slide bar. This can include income from multiple sources
  • Enter the total amount of EMIs from existing loans
  • Key in the interest rate from 14-22%
  • Adjust the loan tenure options (months and years) to your ideal repayment period
     

How our Eligibility Calculator can help you?

  • Determines the best-estimate amount you can avail as a Loan
  • Plans your future financial investments with greater optimal accuracy
  • Assesses the benefits of loan with ease

Documents Just what is needed. Nothing more.


Documents. Just what is needed. Nothing More.


Documents Required

Documents Type Documents Requirement
KYC
  • Identity and Address Proof

  • Bank statement of last 6 months

  • Qualification proof of the highest professional degree

  • Medical Registration Certificate

  • Property Ownership Proof (Residential/Commercial)


Eligibility Criteria

Criteria Requirement
Nationality

Indian

Age

25 to 65 years

Minimum Professional Experience

Practicing doctor or consultant for more than 3 years

Loans for

Allopathy doctors

 

*Disclaimer: All contents mentioned on this page, including but not limited to documents, eligibility may vary for each borrower and are subject to the discretion of the lender. The content is subject to change without prior notice.


FAQs

FAQs


Only professionally qualified Doctors pursuing independent medical practice or running a clinic are eligible to apply for the loan.

Professional Loan for Doctors can be used to meet professional purposes or certain financial obligations. You can use these funds for professional purposes, like hiring new staff, purchasing new technology, expanding your profession, etc.

Professional Loan for Doctors is available at a competitive rate starting from 14% p.a. to provide a cost-effective financing solution.

The maximum loan amount that can be availed through our Professional Loan for Doctors is INR 35 Lakhs - subject to certain factors.

The tenure of a Professional Loan for Doctors ranges between 12 and 60 months - subject to certain factors.

The eligibility for a Professional Loan for Doctors is influenced by various factors, including but not limited to:

 

  • Degree & College (MD, MBBS, MDS & BDS)
  • Ownership status of Clinic
  • Work experience
  • Geographic location of the practice
  • CIBIL score
  • Other terms and conditions 

The documents required are:

 

  • Identity and Address Proof
  • Bank statement of last 6 months
  • Qualification proof of the highest professional degree
  • Medical Registration Certificate
  • Property Ownership Proof (Residential/Commercial)

Personal loan caters to salaried Doctors, whereas Professional Loan for Doctors is specifically curated for Doctors in India pursuing independent medical practice or running a clinic.

Design Your EMI is a flexible repayment facility that allows borrowers to tailor their EMI schedules. This offers flexibility in repayment amounts according to their financial needs based on various variants available. To know more about Design your EMI, read here.

BizRewards is an exclusive rewards program offered by Godrej Capital to appreciate and recognize our valued customers for their commitment to timely repayments. It goes beyond the conventional benefits of maintaining a good credit score, providing exciting rewards in the form of exciting vouchers. To know more about BizRewards read more here.


General FAQs

Professional Loan Flexi Funds is a facility like Overdraft, which offers borrowers a sanctioned limit, enabling them to withdraw any amount within the sanctioned limit as per their requirements and repay it at their convenience. Much like the Professional Loan, the loan is availed by a professional practitioner. Interest is charged only on the borrowed amount. This cost-effective facility is useful for managing finances and resolving short-term cash flow problems for professional individuals and self-employed professional owners.

 

Any individual requiring funds can apply for a Professional Loan Flexi Funds to a maximum loan amount of INR 50 lakhs.

Those who apply for Professional Loan Flexi Funds can make the most of a long repayment tenure of up to 5 years.

Any professional practitioner requiring funds for professional purposes and possessing the relevant degrees can apply for a Professional Loan Flexi Fund. It is just like applying for an Overdraft Facility.

 

The funds from the Professional Loan Flexi Funds can be utilized for professional practice purposes like expansion, buying new equipment, cash flow, or other professional needs. Although the interest rate for a Professional Loan may vary, utilizing a Professional Loan EMI calculator can assist you in understanding your monthly payments and better planning your finances.

Professional Loan Flexi Fund interest rate is calculated only to the utilized amount from the total withdrawable limit. With Professional Loan Flexi Funds, you enjoy the freedom to repay and reuse funds within the sanctioned limit and tenure, similar to an Overdraft Facility.

The EMI for Professional Loan Flexi Funds calculates interest on the utilized limit. Interest equals the EMI as long as there is an available balance for the dropline amount to be deducted from the withdrawable limit. Only in instances where there is an insufficient withdrawable limit remaining, the EMI includes the dropline limit and the interest on the utilized amount.

In a conventional Professional Loan, the full loan amount is disbursed to the customer's bank account, and repayment starts through monthly EMIs from the following month..

 

Professional Loan Flexi Loans is similar to an overdraft facility. Customers receive a sanctioned limit with a withdrawable limit and the subsequent EMIs include only interest on the utilized amount from the sanctioned limit. The customer's limit is subject to reduction based on the chosen variant and frequency of reduction.


The fundamental difference between a Professional Loan and a term Professional Loan Flexi Funds is the flexibility in the repayment of loans.

Godrej Capital offers five variants of the Professional Loan Flexi Funds:

 

  • Monthly Variant
  • Hybrid Variant

Defaulting on EMI repayment for Professional Loan Flexi Funds, much like any other loan, can result in severe consequences, such as adverse effects on your credit score, imposition of penalties, legal proceedings, and the potential forfeiture of the pledged property collateral.

 

Adhering to repayment obligations is crucial.

You can log in to Godrej Capital’s Customer Portal. The portal will allow customers to flexibly withdraw, check limits, and repay Professional Loan Flexi Funds at their convenience.


Professional Loan Flexi Funds – Variants

In the monthly variant of Professional Loan Flexi Funds, the withdrawal limit is systematically reduced each month, proportionally reducing from the sanctioned limit. By the end of the loan tenure, the withdrawable limit reaches "0". However, the Professional Loan interest rate continues to be applied monthly based on the used limit.

 

In the monthly variant of Professional Loan Flexi Funds, the withdrawable limit is constant for a fixed period after which it will drop every month. The drop proportionally reduces from the sanctioned limit. By the end of the loan tenure, the withdrawable limit reaches "0". However, the Professional Loan interest rate continues to be applied monthly based on the used limit.


Collateral & Eligibility

The eligibility criteria for Professional Loan Flexi Funds include but are not limited to bureau tracking, demographics, revenue, and more. For more details, and the latest policy updates, please get in touch with one of our customer care representatives.

 

Professional Loan Flexi Funds are exclusively available for practising professionals.

Yes, you can mortgage multiple properties to increase the total value of a Professional Loan Flexi Funds limit, contingent upon credit policies. The Professional Loan interest rate will be determined accordingly.


Customer Portal Queries

Step 1: Visit the Customer Portal
Step 2: Enter your mobile number or customer ID
Step 3: Authenticate by entering the OTP sent to your registered mobile number
Step 4: Upon successful completion, you will be logged in.

 

Log in to the customer portal at https://cp.godrejcapital.com, navigate to the "Transaction Tab" in the left-side menu panel, where three options will appear:

a) Withdraw

b) Repayment

c) Transaction History.

 

Click on the "Withdraw” tab and enter the amount corresponding to the loan amount, then click on “Proceed”.

 

The transaction can be authenticated through an OTP sent to your registered mobile number.

 

Yes, repayment of funds is allowed. 

 

  • Log in to the customer portal by clicking here
  • Access the "Transaction Tab" on the left menu panel
  • Choose from three options: 
    • Withdraw
    • Repayment
    • Transaction History
  • Select the "Repayment" tab
  • Enable the repayment section
  • Input the amount and proceed
  • On the confirmation screen, view the final amount, any deductions, and accept the terms and conditions to initiate the repayment transaction
  • After clicking proceed, the customer will be redirected to the payment gateway page to select the mode of payment: 
    • Net Banking
    • Debit Card
    • UPI
  • Choose a preferred mode of payment and submit the payment

Repayment: Customers have the flexibility to repay the entire amount, ranging from a minimum of INR 1,000 to the maximum loan amount, depending on the utilization of funds.

 

Withdrawal: Customers can withdraw up to the maximum loan amount, with a minimum withdrawal limit of INR 1, subject to the available balance.

Repayment: The repayment facility is available 24/7 throughout the year, and has no restrictions on the amount of repayment. It can easily be done through the customer portal.

 

Withdrawal: Withdrawal of funds from the balance is available every day, except on 4 public/national holidays (26th January, 15th August, 1st April, and 2nd October). Additionally, the daily withdrawal functionality is not available between 10 pm to 2 am for maintenance reasons.

Transaction details can be accessed through the customer portal's "Transaction History" section under the Transactions tab. Customers have the option to download/export details in PDF format.

Transactions are limited to the main applicant only in cases where there are multiple applicants on the loan structure.

No, zero charges apply for transactions conducted through the customer portal.


Product related FAQs

The billing cycle for Professional Loan Flexi Funds is from the 27th to the 26th of each month.

 

For example, the billing cycle for Jan'24 would span from 27th Dec'23 to 26th Jan'24. The bill is generated at the end of the day on the 26th Jan'24, reflecting the daily utilisation of funds from the assigned limit.

 

The EMI primarily comprises the interest of the utilized amount and the principal component to the extent of the amount of dropdown (as applicable) interest on the utilized amount.

 

At the end of the day on the 26th of the month, the bill is generated based on interest computation. Customers are then provided an additional 10 days to ensure sufficient balance in the account before the EMI is deducted through NACH services.

In the event of an EMI bounce, charges, including late payment fees/penalties, will be imposed, and payment is to be made through the customer portal. Refer to the schedule of charges in the terms and conditions section of the Loan Agreement for more details.

Yes, the beneficiary account can be changed. Customers can initiate this request by logging into the customer portal or by reaching out to the customer contact centre for assistance.

Yes, customers can request a change in the repayment account by logging into the customer portal or contacting the customer contact centre for assistance.



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