Doctor Loan features

Read on to know why our Doctor Loan is the best option for you.

Features and benefits of our doctor loan

Features and benefits of our doctor loan 00:44

Features and benefits of our doctor loan

Watch this video to know everything about the features of our doctor loan.

  • 3 unique variants

    3 unique variants

    We have 3 new unique variants – Term Loan, Flexi Term Loan, Flexi Hybrid Loan. Choose the loan variant that works best for you.

  • No part-prepayment charge on Flexi variants

    No part-prepayment charge on Flexi variants

    With Flexi variants, you can borrow as many times as you want to and part-prepay whenever you can. No extra charges.

    Read about our Flexi Hybrid Loan

  • Loan amount

    Loan of up to Rs. 80 lakh

    Get loans from Rs. 2 lakh to Rs. 80 lakh to manage your small/ large expenses. Available through an end-to-end online application process.

  • Convenient tenures

    Convenient tenures of up to 8 years

    Get the added flexibility to pay back your loan with repayment options ranging from 12 months to 96 months.

  • Money in your bank account

    Money in your bank account in 48 hours*

    In most cases, you will get your doctor loan credited to your bank account within 48 hours* of approval.

  • No hidden charges

    No hidden charges

    All the fees and charges are clearly mentioned on this page and in your loan documents. Please read these in detail.

    Know about our fees and charges

  • No collateral required

    No collateral required

    You do not have to provide any collateral or security such as gold ornaments or property to get our doctor loan.

  • End-to-end online application process

    End-to-end online application process

    You can apply for our doctor loan anytime, from the comfort of your home or from wherever you are.

  • Doctors can get a loan from Bajaj Finserv after meeting a few basic parameters. Once you meet the eligibility criteria, click on the ‘Apply’ button on this page and begin your application journey.

    The application process takes less than 5 minutes to complete, and once approved, you can get funds in your account within 48 hours*.

    *Terms and conditions apply

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Loan application process for doctors

Video Image 00:53

Step-by-step guide to apply for a doctor loan

  1. Click on the ‘APPLY’ button on this page.
  2. Enter your 10-digit mobile number and OTP.
  3. Fill in the application form with your basic personal and professional details.
  4. Once you fill out the form, click on ‘PROCEED’.
  5. Update the KYC details.
  6. Schedule an appointment for document verification.

Note: Keep your medical registration certificate handy to finish the KYC process.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account upon verification of your documents.

Frequently asked questions

What is the Flexi Term Loan?

We offer the unique Flexi Term Loan facility on doctor loan. You can withdraw from your assigned loan amount or pay a part of your loan whenever you wish to.

You have to pay interest only on the amount that you withdraw. There is no part-prepayment charge applicable in this variant.

What is a Flexi Hybrid Loan?

The Flexi Hybrid Loan is another variant of our doctor loan.

In this variant, your loan tenure gets divided into two parts – the initial tenure and the subsequent tenure.

During the initial tenure, your EMIs consist only of the applicable interest, which makes this loan type very easier to repay.

During the subsequent tenure, your EMIs consist of both, the principal and the interest components.

What is the maximum doctor loan amount that you can borrow?

You can apply for a doctor loan of up to Rs. 80 lakh.

Why should you choose a Bajaj Finserv Doctor Loan?

Our doctor loan comes with many features and benefits, including:

  1. Flexi facility
  2. Minimal documentation
  3. Money in bank in 48 hours*
  4. Flexible tenures
  5. No collateral or security
  6. No hidden charges

*Terms and conditions apply

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