Lymphoma and leukemia are fatal syndromes of cancer that cause other diseases and affect all types of age groups including male and female, and disastrous and fatal blood cancer causes an increased savvier death ratio. Both lymphoma and leukemia are associated with the damage and rise of immature lymphocytes, monocytes, neutrophils, and eosinophil cells. So, in the health sector, the early prediction and treatment of blood cancer is a major issue for survival rates. Nowadays, there are various manual techniques to analyze and predict blood cancer using the microscopic medical reports of white blood cell images, which is very steady for prediction and causes a major ratio of deaths. Manual prediction and analysis of eosinophils, lymphocytes, monocytes, and neutrophils are very difficult and time-consuming. In previous studies, they used numerous deep learning and machine learning techniques to predict blood cancer, but there are still some limitations in these studies. So, in this article, we propose a model of deep learning empowered with transfer learning and indulge in image processing techniques to improve the prediction results. The proposed transfer learning model empowered with image processing incorporates different levels of prediction, analysis, and learning procedures and employs different learning criteria like learning rate and epochs. The proposed model used numerous transfer learning models with varying parameters for each model and cloud techniques to choose the best prediction model, and the proposed model used an extensive set of performance techniques and procedures to predict the white blood cells which cause cancer to incorporate image processing techniques. So, after extensive procedures of AlexNet, MobileNet, and ResNet with both image processing and without image processing techniques with numerous learning criteria, the stochastic gradient descent momentum incorporated with AlexNet is outperformed with the highest prediction accuracy of 97.3% and the misclassification rate is 2.7% with image processing technique. The proposed model gives good results and can be applied for smart diagnosing of blood cancer using eosinophils, lymphocytes, monocytes, and neutrophils.