Professional Loans fall in the category of unsecured loans as there is no collateral involved.
As the default ratio is very low in this segment, professional loans have lower rates, higher loan amounts and easier processing facilities.
The loan tenor ranges from 1 to 5 years and the loan amount can go up to `30 lakh or even higher, depending on the current income and repaying capacity.
The degree certificate and in most cases a minimum post qualification experience is required to avail of this loan.
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Invesco India Tax Plan
3. Tata India Tax Savings Fund
4. ICICI Prudential Long Term Equity Fund
5. Birla Sun Life Tax Relief 96
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2017 Tax Saver Mutual Funds Online
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