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A mortgage loan is a loan taken out against a property that you own. The property may be a house, a shop or any other commercial property. In today's times,
The loan for Doctors is especially designed to address the funding requirements of medical Doctors, helping them to realize their professional goals say -
setting up of Clinic, medical equipment purchase, Infra Expansion, Working capital requirements etc. Doctor can also utilize the funds for their personal use.
This loan is an unsecured loan and no collateral is required for availing Doctor loan
Doctor loan can be availed by - MBBS | MS | DNB | MD | BAMS | BHMS | MDS | BDS etc. Depending upon the degree and experience the loan amount varies from
Rs 5 lacs to Rs 75 lacs . Also the rate varies as per profile and loan amount.
Benefits of Doctor Loan
No Collateral no guarantor required
Speedy approval within 48 hrs
Minimum documentation required with KYC
Loan amount can be utilized for varied needs
Loan is available for 60 months tenor option
Purpose of Doctor Loan
The doctor loan can be utilized for varied purposes such as
For Hospital & Nursing Home - To renovate the existing hospital or nursing home
For Purchase of new equipment's
For setting up of Diagnostic center and Path Labs
For setting up specialized Clinics for carrying out special medical procedures
Documents required for Doctor Loan
The loan can be availed by providing minimum documents