Agricultural Development Bank Professional Loan interest rate 2083
Agricultural Development Bank Professional Loan: effective rate 10.46%, EMI from Rs. 21,474 per month. Compare with 19 other banks.
#9 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.77%
Premium
3.69%–4.68%
Effective rate
10.46%–11.45%
Fixed
11.96%–13.45%
- Processing fee
- 0.75% (Min Rs. 2,000)
- Prepayment penalty
- 0.86%
- Loan amount
- Rs. 3 Lakh – Rs. 1 Cr
- Tenure
- 12 – 120 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- Doctors, engineers, CAs, lawyers
- Clinic or office setup
- Equipment financing
Who is eligible
Professional council registration and 2 years practice.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Professional council registration
- Practice licence
Agricultural Development Bank Professional Loan FAQ
What is Agricultural Development Bank's current Professional Loan interest rate?+
Agricultural Development Bank's Professional Loan floating rate is base rate 6.77% plus a premium of 3.69% to 4.68%, giving 10.46% to 11.45% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Professional Loan from Agricultural Development Bank?+
At 10.46% over 60 months, the EMI is roughly Rs. 21,474. Use the calculator above to change the amount or tenure.
Can I prepay a Agricultural Development Bank Professional Loan?+
Yes. The published prepayment charge is 0.86% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.