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Business Loan For Doctors

Business Loan for Doctors : Features & Benefits

A loan designed to help your practice thrive. Hassle-free and fast, Bajaj Finserv Business Loan for Doctors is customised to fund the expansion of your practice – from purchasing the latest medical equipment and software, to training your staff on new procedures. Apply today for a Business Loan for Doctors up to Rs. 35 lakh, and get Money in Bank 24 hours.

  • Loan up to Rs. 35 lakh

    Business Loan up to Rs. 35 lakh, for the various financial needs of your practice

  • Quick Processing

    Online application process with disbursal in 48 hours, for your convenience

  • Flexi Loan Facility

    Unique Flexi loan facility, with a predetermined loan limit given to you for a fixed tenor. Borrow and pre-pay funds from this loan limit, and choose to pay only the interest on these funds as your monthly EMIs. Interest is charged only on the amount you borrow. Repay the principal at the end of the tenor, or pre-pay it at your convenience.

  • Flexible Repayment Tenors

    Tenors ranging from 12 months to 96 months, to fit your repayment preference

  • Get money in bank in 24 hours

    Get money in your bank account within 24 hours of loan approval.

  • No Collateral

    No guarantors or collateral required, to help you get the loan you need with ease

  • Part Prepayment Facility

    No charges on part-prepayment, to ease your financial burden. The prepaid amount should not be less than the value of 3 EMIs, with no limit on the maximum amount.

  • Pre-approved Offers

    Exclusive pre-approved offers, so you get more value for your money

Business Loan for Doctors – Eligibility Criteria

The eligibility criteria for Business Loan for Doctors are easy to meet. They are:
  • Super-specialist doctors (MS/MD/DM)
  • No minimum post-qualification experience required
  • Graduate Doctors (MBBS)
  • Minimum 2 years of post-qualification experience required
  • Dentists (BDS/MDS)
  • Minimum 5 years of post-qualification experience required
  • Ayurvedic and Homeopathic Doctors: BHMS/BAMS
  • Minimum 6 years of post-qualification experience required, and must own a house or clinic
  • Homeopathic Doctors: DHMS
  • Minimum 15 years of post-qualification experience required, and must own a house or clinic

 

Documents Required

Bajaj Finserv Business Loan for Doctors requires minimal documentation, for your convenience. These documents are:

  • KYC documents

  • Medical registration certification

Fees and Charges

Types of Fees

Charges Applicable

Interest rate
14-16%
Processing fees
Up to 2% of the loan amount
Loan statement charges
NIL
Interest and principal statement charges
NIL
Penal interest
2% per month
Part-prepayment charges*
Nil
EMI bounce charges*
Rs. 1,000 per bounce

*Applicable following 1st EMI clearance
 

How to Apply

You can apply for a Bajaj Finserv Business Loan for Doctors offline as well as online. To apply offline, you can:

  • Write to us at [email protected], or

  • SMS DLM to 9773633633, or

  • Give a missed call on 9266900069

To apply online, follow these simple steps:

  • 1

    step 1

    Click here and fill out the online application form

  • 2

    step 2

    Receive a confirmation call within 24 hours from our executive to know your approved loan amount

  • 3

    step 3

    Submit the required documents with our representative

  • 4

    step 4

    Receive the money in your bank account within 24 hours of document submission

Instant Approval Form

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