Features and benefits
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Loan up to Rs. 42 lakh for all your needs
Apply and get a high sanction of up to Rs. 42 lakh to fund expenses randing from clinic expansion to your child’s higher education.
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Lower your EMIs by up to 45%* with the Flexi facility
Choose interest-only EMIs with our Flexi loan facility and reduce your EMIs by almost half.
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Money in your bank account in 24 hours*
You can get a loan for doctors without any delay once your application is approved.
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Loan repayment tenors of 96 months
You can choose a tenor of up to eight years to repay your loan for doctors.
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No collateral, minimal paperwork
Submit only your KYC documents and income proof to get your unsecured loan.
A loan for doctors is a specialised offering for medical practitioners to help you meet your financial needs. Compared to regular term loans, these offerings consider the applicants’ medical qualifications and offer higher loan amounts with numerous benefits such as minimal documentation, doorstep services, quick approvals and more.
Apply online and borrow up to Rs. 42 lakh by following the simple, hassle-free process. Choose a Bajaj Finserv Doctor Loan and get the funds you need to meet your planned and unplanned expenses.
Doctor loan eligibility criteria
- Super specialist doctors (MD/DM/MS) - Degree to be registered with medical council
- Graduate doctors (MBBS) – Degree to be registered with medical council
- Dentists (BDS/MDS) - Minimum 5 years of post-qualification experience
- Ayurvedic and homeopathic doctors (BHMS/BAMS) - Minimum 2 years of post-qualification experience
Along with this, you should also be a resident citizen of India.
How to apply for a doctor loan
Here is a detailed guide on applying for a loan for doctors. You can start your online application and resume it at a later instance.
- 1 Click on 'Apply Online' to open the application form
- 2 Enter your phone number and the OTP sent to you
- 3 Share your personal and professional details
- 4 Submit your application
Our representative will call and guide you on the next steps.
Doctors can get a loan from Bajaj Finserv after meeting a few qualification parameters, including the stated educational qualifications, work experience, annual income and age. Once you meet the eligibility criteria, click on the ‘Apply Online’ button on this page and begin your application journey.
The application process takes less than 5 minutes to complete, and in the off chance that you need to leave your application incomplete, you can visit us later and continue right where you left off.
Choose the Bajaj Finserv Doctor Loan and get the money you need, when you need it.
Fees and charges for doctor loan
Types of fees |
Charges applicable |
Rate of interest |
14%- 17% p.a. |
Processing fee |
Up to 1-2% of the loan amount (plus taxes) |
Document/statement charges |
Download your e-statements/letters/certificates for free from Experia. |
Penal interest |
2% per month |
Bounce charges |
Up to Rs. 3,000 per bounce (inclusive of taxes) |
Document processing charges |
Up to Rs. 2,000 (plus taxes) |
You can read about the complete fees and charges applicable on loans for doctors here.
Frequently asked questions
The Flexi loan facility is a unique financial offering that lets you withdraw and prepay funds from your loan limit as per your requirement. You are only charged interest only on the amount you utilise, and you have the option to reduce your EMIs by up to 45%*. Bajaj Finserv offers the Flexi loan facility to doctors who meet the eligibility criteria.
Your loan account statement, your repayment schedule, and all other details of your doctor loan are available on our customer portal – Experia. In fact, you can see details of all your previous transactions with Bajaj Finserv under the My Relations tab on Experia.
Bajaj Finserv offers doctor loans of up to Rs. 42 lakh. You can check the doctor loan amount pre-approved for you by sharing a few basic details with us. Alternatively, you can enter your details in the online form and avail the doctor loan that you need.
A Flexi loan and term loan are two variants of doctor loans for doctors as offered by Bajaj Finserv.
A term loan is a regular doctor loan, where you avail of the amount you need and repay it over the loan tenor. Your instalments comprise of an interest component and a principal component, and the EMI amount remains fixed throughout the tenor.
The Flexi loan facility, on the other hand, is a smart loan option that gives you access to a loan limit that you can withdraw from and repay as per your convenience. With the Flexi facility, you have the option of interest-only EMIs for the initial part of the tenor, which can help you lower your EMIs by up to 45%*.
As the name suggests, the Flexi loan option is more flexible and offers you the chance to reduce the burden of loan repayments.
If you are a pre-approved customer of Bajaj Finserv, you can check your doctor loan offer by entering your name and phone number here. With pre-approved offers of up to Rs. 42 lakh, applying for a doctor loan is quick and easy.
If you are new to Bajaj Finserv, you can apply for a doctor loan by filling up the online application form and submitting your KYC and other documents. Make sure you read about the documents required and the eligibility criteria before applying for a doctor loan.
