Loan for Lawyers

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AI Overview Listen

Hello there! Get quick access to funds designed for eligible legal professionals.

  • Access a lawyer loan of up to Rs. 30 lakh
  • Complete the online application in just a few minutes
  • Flexible repayment options to suit your financial needs
  • No collateral required for eligible applicants
  • Use the funds for office expansion, technology upgrades, working capital requirements, or other professional expenses

Apply now and take the next step in growing your legal practice!

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Assess the information carefully before relying on it. Product offerings are subject to applicable terms and conditions.

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Get a lawyer loan offer amount of up to Rs. 30 lakh

Apni Law Firm Grow Karein — Bina Kisi Financial Stress Ke 00:32

Apni Law Firm Grow Karein — Bina Kisi Financial Stress Ke

Apne Office Ko Redesign Karein — Renovation Funding Ke Saath 00:29

Apne Office Ko Redesign Karein — Renovation Funding Ke Saath

Lawyer Loan Ke Key USPs — Sab Kuch Jo Aapki Practice Ko Chahiye 00:46

Lawyer Loan Ke Key USPs — Sab Kuch Jo Aapki Practice Ko Chahiye

Apni Legal Practice Setup Karein — ₹30 Lakh Tak Ka Loan, Minimal Documents 00:42

Apni Legal Practice Setup Karein — ₹30 Lakh Tak Ka Loan, Minimal Documents

Apni Success Ko Fuel Karein — Career Growth Ke Liye Bigger Support 00:34

Apni Success Ko Fuel Karein — Career Growth Ke Liye Bigger Support

Check eligibility How to apply Features and benefits Fees and charges
AI Overview

How to apply

Step-by-step guide to apply for a Lawyer loan:

  • Click 'CHECK LOAN OFFER' to open the online application form.
  • Enter basic details — full name, PAN, Date of Birth, PIN code, and other professional details.
  • Click 'CONTINUE' to proceed to banking verification.
  • Complete KYC and submit the application.
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Features and benefits

  • 3 unique variants
    Pick the loan that suits you best – Term Loan, Flexi Term (Dropline) Loan, Flexi hybrid Term Loan. 
  • No part-prepayment charge on Flexi variants
    You can prepay a portion of your loan at no extra charges with our Flexi Term (Dropline) Loan and Flexi hybrid Term Loan.
  • Loan of up to Rs. 30 lakh
    From Rs. 2 lakh to Rs. 30 lakh through an end-to-end online application process to manage your small/ large expenses.
  • Convenient tenures of up to 8 years
    Get the added flexibility to pay back your loan with repayment options ranging from 12 months to 96.
  • No collateral required
    You do not need to provide any collateral such as gold ornaments or property, or guarantors when applying for the Doctor loan.
  • End-to-end online application process
    You can apply for our Doctor loan from the comfort of your home or from wherever you are.
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AI-powered responses may not always be accurate.

Assess the information carefully before relying on it. Product offerings are subject to applicable terms and conditions.

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Fees and charges

  • Rate of interest: 11% - 17% per annum
  • Processing fee: Up to 2.95% of the loan amount (Inclusive of applicable taxes)
  • Flexi facility charges:Term Loan – Not applicable
    Flexi Loan – Up to Rs. 999/- to Rs. 16,999/- (Inclusive of applicable taxes) will be deducted upfront from loan amount.
  • Stamp Duty (as per respective state): Payable as per state laws and deducted upfront from loan amount
  • Annual Maintenance Charges:
    Term Loan:
    Not Applicable
    Flexi Dropline Loan: Up to 0.472% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.
    Flexi Hybrid Loan: Up to 0.59% (Inclusive of applicable taxes) of the Dropline limit during Initial loan tenor. Up to 0.472% (Inclusive of applicable taxes) of Dropline limit during Subsequent loan tenor.
  • Prepayment charges:
    Full prepayment
    Term Loan:
    Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment
    Flexi Dropline Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as per the repayment schedule, as on the date of full prepayment.
    Flexi Hybrid Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount.as per the repayment schedule, as on the date of full prepayment.
    Part Pre-payment
    Term Loan:
    Up to 4.72% (Inclusive of applicable taxes) of principal loan amount prepaid on the date of such part pre-payment
    Not Applicable for Flexi Dropline Loan and Flexi Hybrid Loan
  • Bounce charges: Rs. 1500/- per bounce.
    “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason.
  • Penal Charge: Delay in payment of instalment(s) shall attract Penal Charge at the rate of 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.
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AI-powered responses may not always be accurate.

Assess the information carefully before relying on it. Product offerings are subject to applicable terms and conditions.

Get a lawyer loan offer amount of up to Rs. 30 lakh

Key features

Watch video ‌
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No collateral

You do not need any collateral or guarantor to get your loan.

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3 unique variants

Choose from our Flexi hybrid term loan, Flexi Term, and Term Loan variants.

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Minimal documentation

You only need 3 basic documents to get our lawyer loan: 1. KYC documents - Aadhaar / passport / voter's ID / driving license / letter from NPR / NREGA job card 2. PAN card 3. SANAD registration Certificate You may be asked for a few additional documents during the course of the application process*.

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Disbursal in 48 hours*

Your bank account will be credited with your loan amount within 48 hours, or in some cases, on the same day of approval.

How to apply for a Loan for Lawyers

Lawyer Loan Ke Liye Kaise Apply Karein? — Sirf 5 Simple Steps Mein

Lawyer Loan Ke Liye Kaise Apply Karein? — Sirf 5 Simple Steps Mein

Step-by-step guide to applying for a lawyer loan
 

  1. Click on the 'CHECK LOAN OFFER’ button on this page.
  2. Fill in the application form with your basic Lawyer and professional details.
  3. Once you fill out the form, click on ‘CONTINUE’.
  4. Update the KYC details.

*Note: Keep your SANAD registration certificate handy to finish the KYC process.

Features and benefits of our lawyer loan

Lawyer Loan Fast and Affordable
 

Lawyer Loan Fast and Affordable

    • 3 unique variants
      We have 3 new unique variants – Term Loan, Flexi Term Loan, Flexi Hybrid Term Loan. Choose the loan variant that works best for you.
    • No part-prepayment fee on Flexi variants
      With Flexi variants, you can borrow as many times as you want to and part-prepay whenever you can. No extra charges.
    • Loan of up to ₹30 lakh
      Get loans from ₹2 lakh to ₹30 lakh to manage your small/ large expenses. Available through an end-to-end online application process.
    • Convenient tenures of up to 8 years
      Get the added flexibility to pay back your loan with repayment options ranging from 12 months to 96 months
    • No hidden charges
      All the fees and charges are clearly mentioned on this page and in your loan documents. Please read these in detail.
    • No collateral required
      You do not have to provide any collateral or security such as gold ornaments or property to get our lawyer loan.
    • End-to-end online application process
      You can apply for our lawyer loan anytime, from the comfort of your home or from wherever you are.
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Eligibility and documents required for Lawyer Loan

Any lawyer can apply for our loan for lawyers, as long as you meet four basic criteria mentioned below. You will also need a set of documents to complete the application process.

Lawyer Loan Eligibility aur Documents — Simple Criteria
 

Lawyer Loan Eligibility aur Documents — Simple Criteria

  • Eligibility criteria

    Nationality

    Indian

    Age

    21 years to 80 years*

    CIBIL Score

    650 or higher

    SANAD registration

    Degree to be registered with the bar council

  • Documents required

    • KYC documents - Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job card
    • PAN card
    • SANAD registration certificate

Additional documents required, if any, will be communicated during the application process.

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Interest rate, fees and charges

Frequently Asked Questions

Overview

Can a lawyer get a loan?

Yes, a lawyer can get a loan. Bajaj Finance offers specialised loans for lawyers, providing flexible financing options to meet their professional and personal needs. With competitive interest rates and easy repayment options, Bajaj Finance Loan for Lawyers is designed to support legal professionals in achieving their financial goals.

How can lawyers apply for loans?

Lawyers can apply for loans with Bajaj Finance Loan for Lawyers by following these steps:

  1. Click on the 'APPLY' button on the page.
  2. Enter your 10-digit mobile number and OTP.
  3. Fill in your basic and professional details.
  4. Click 'PROCEED.'
  5. Update your KYC details.
  6. Schedule an appointment for document verification.

Can lawyers get home loan in India?

Yes, lawyers can get home loans in India. Many banks and financial institutions offer home loans to self-employed professionals, including lawyers. Eligibility depends on factors such as income, credit score, and financial stability. Lawyers can benefit from competitive interest rates and flexible repayment options tailored to their needs.

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Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application.