Doctors Loan

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HDFC Bank

Rate of Interest

13.5% - 18%

Processing Fee

2.50%

Loan Amount

3 Lakhs - 50 Lakhs

Tenure

1 year - 4 Years

Disbursal Time

Maximum of 3-5 working days

Part Payment

Yes

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Aadhaar card copy
  • Qualification & registration certificate
  • Address proof
  • cancelled cheque
  • Income documents

FEES & CHARGES

  • Processing fee on approved loan amount
  • Agreement & stamp charges
  • Gap Interest - Based on disbursement date if applicable
  • Insurance on loan (You & your personal loan is secured)

BENEFITS

  • Best in class interest rates
  • Least processing fee
  • Doorstep service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum paperwork

ADDITIONAL INFO

Post Approval: Customer has to provide security cheques & agreement to be signed. Income Documents for salaried Customers: 3 Months latest Pay Slips, 6 Months latest and updated Bank Statement & Appointment Letter / Date of Joining proof. Income Documents for Self Employed Customers: 3 Years IT Returns, 6 Months latest and updated Bank Statement & Clinic Establishment Proof.

HDFC Bank

Rate of Interest

14.50% - 15.50%

Processing Fee

Starts @ 1.5%

Loan Amount

3 Lakhs - 35 Lakhs

Tenure

1 year - 3 Years

Disbursal Time

Maximum of 2 - 3 working days

Part Payment

Yes

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Aadhaar card copy
  • Qualification & registration certificate
  • Address proof
  • cancelled cheque
  • Income documents

FEES & CHARGES

  • Processing fee on approved loan amount
  • Agreement & stamp charges
  • Gap Interest - Based on disbursement date if applicable
  • Insurance on loan (You & your personal loan is secured)

BENEFITS

  • Best in class interest rates
  • Least processing fee
  • Door step service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum paperwork

ADDITIONAL INFO

Post Approval: Customer has to provide security cheques & agreement to be signed. Income Documents for salaried Customers: 3 Months latest Pay Slips, 6 Months latest and updated Bank Statement & Appointment Letter / Date of Joining proof. Income Documents for Self Employed Customers: 3 Years IT Returns, 6 Months latest and updated Bank Statement & Clinic Establishment Proof.

HDFC Bank

Rate of Interest

15% - 18%

Processing Fee

Starts @ 2%

Loan Amount

3 Lakhs - 35 Lakhs

Tenure

1 year - 3 Years

Disbursal Time

Maximum of 3-5 working days

Part Payment

No

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Aadhaar card copy
  • Qualification & registration certificate
  • Address proof
  • cancelled cheque
  • Income documents

FEES & CHARGES

  • Processing fee on approved loan amount
  • Agreement & stamp charges
  • Gap Interest - Based on disbursement date if applicable
  • Insurance on loan (You & your personal loan is secured)

BENEFITS

  • Best in class interest rates
  • Least processing fee
  • Door step service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum paperwork

ADDITIONAL INFO

Post Approval: Customer has to provide security cheques & agreement to be signed. Income Documents for salaried Customers: 3 Months latest Pay Slips, 6 Months latest and updated Bank Statement & Appointment Letter / Date of Joining proof. Income Documents for Self Employed Customers: 3 Years IT Returns, 6 Months latest and updated Bank Statement & Clinic Establishment Proof.

HDFC Bank

Rate of Interest

13.5% - 18%

Processing Fee

2.50%

Loan Amount

3 Lakhs - 50 Lakhs

Tenure

1 year - 4 Years

Disbursal Time

Maximum of 3-5 working days

Part Payment

Yes

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Aadhaar card copy
  • Qualification & registration certificate
  • Address proof
  • cancelled cheque
  • Income documents

FEES & CHARGES

  • Processing fee on approved loan amount
  • Agreement & stamp charges
  • Gap Interest - Based on disbursement date if applicable
  • Insurance on loan (You & your personal loan is secured)

BENEFITS

  • Best in class interest rates
  • Least processing fee
  • Doorstep service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum paperwork

ADDITIONAL INFO

Post Approval: Customer has to provide security cheques & agreement to be signed. Income Documents for salaried Customers: 3 Months latest Pay Slips, 6 Months latest and updated Bank Statement & Appointment Letter / Date of Joining proof. Income Documents for Self Employed Customers: 3 Years IT Returns, 6 Months latest and updated Bank Statement & Clinic Establishment Proof.

General Information

Providers
  • Private Banks
  • NBFC's
TAT (Turn Around Time)
  • Quick Approvals within 48 hours
  • Disbursal time is as low as 3 Days
  • One point contact response with in 30 Min.
Eligibility
  • All MBBS & BDS Qualified Customers
Features & Benefits
  • Interest rates starts at 13.50%
  • Maximum loan amount upto 50 Lakhs
  • Maximum Tenure upto 4 Years
  • Best Professing Fee
  • Part Payment Option
  • Pre Closure Option

FAQs

What is Doctor Loan?

Doctor Loan is an unsecured loan where no guarantor or collateral required

How can I get Doctor Loan?

You can avail Doctor Loan from BANK or Non – Banking financial institution (NBFC)

How can I repay back Doctor Loan?

Repay your Doctor Loan EMI through STANDARD INSTRUCTION or through ECS – Electronic Clearing Services by authorizing concerned bank.

What is an EMI?

EMI means Equated Monthly Installment which includes (PRINCIPLE AMOUNT + INTEREST AMOUNT)

I am eligible to apply Doctor Loan?

Yes if you are MBBS / BDS Doctor then you can apply for necessary documents.

How much amount I am eligible for?

Starting for 5 lakhs up to 75 lakhs loan amount what you can avail based on eligibility.

What are the documents required to get Doctor Loan?

Documents are very simple – One passport size photo, ID Proof, Address Proof, Adhaar Card Copy, Company ID CARD Copy, Latest 3 years ITR, Latest 6 months updated bank statement & Business continuity proof required. Also can be availed through good loan repayment track. (Important Documents: Qualification Certificate & Registration Certificate copy)

Can I close my Doctor Loan in between?

Yes but it depends upon lock-in period instructions from concerned BANK / NBFC.

Why Doctor Loan interest rates are higher then home loan and mortgage loan?

Home loan & Mortgage loan is secured loan where all your original documents with be pledged or hypothecated where has Doctor Loan is unsecured loan no guarantor or collateral required. Hence Doctor Loan interest rates are higher then the home loan and mortgage loan.

Do you require Guarantor required to get Doctor Loan?

No guarantor or collateral required to get Doctor Loan.

How will I get Doctor Loan amount after I apply?

Doctor Loan approved amount will be transferred to your account after deducting necessary service fee.

What and all deduction will be made while availing Doctor Loan?

Processing fee, Stamp and agreement charges, Insurance on loan & Gap interest if applicable.

Is Doctor Loan Balance transfer is benefited to us?

Yes, if you would have taken at a higher rate of interest then transfer your other bank Doctor Loan outstanding amount for less interest rates with some extra amount in hand.

What is the minimum Doctor Loan amount I can get?

Minimum Doctor Loan amount is Rs. 500000/-

What is the maximum Doctor Loan amount I can get?

Maximum Doctor Loan amount is 75 lakhs.

For how many years can I avail Doctor Loan?

Starting from 12 months maximum up to 60 months that is 5 years you can avail Doctor Loan

How many days you may require to Doctor Loan in hand?

In 3 – 9 working days we can get you Doctor Loan amount in hand subject to submitting the required documents.