Doctor Loan for clinic renovation

You want your patients to feel comfortable when they visit your clinic for treatment. A spacious seating area, well-lit examination rooms, and a properly stocked pharmacy are all essential to a successful medical practice. Refurbish your clinic to include all this and more for your patients’ care with a doctor loan up to Rs. 55 lakh.



Construction materials alone will be one of the biggest costs involved in renovating your clinic, especially if you want to add features like soundproofing. Add to this, the expense of transporting the materials safely to your clinic.



Hire an experienced architect with a background in designing spaces for hospitals to ensure maximum utilisation of the available space. You will also need to hire interior designers to match form and functionality in your clinic’s layout.



You will need to hire construction workers and contractors for plumbing, electrical work, carpentry, and other requirements. While this is generally handled by the architect, the cost of employing such contractors will have to be paid by you.

Furniture and Decor


Furnish your seating area with comfortable and spacious seats for your patients. You could also consider adding rooms for patients who are severely ill and need a quiet place to rest as they wait for their appointment.



You may need to buy specific types of lighting and electrical fittings for your clinic, based on the medical services you provide. Projector lighting for examination rooms, for instance, can cost tens of thousands of rupees.

3 unique variants of our doctor loan

  • Flexi Term Loan

    Consider that you obtain a Rs. 8 lakh loan with a 24-month term. You pay the EMI on time for the first six months. You should have paid back roughly Rs. 2 lakh plus interest by this point.

    Now, you need an additional Rs. 3 lakh. You can sign-in to My Account to withdraw funds from your Flexi Term Loan account. Let’s say you decide to pay off a portion of your loan three months later. Once again, sign-in to My Account and make the payment.

    Your interest has been automatically adjusted throughout, and you are paying interest only on the amount that is now due.

    A modern-day practice demands dynamicism and may need quick investments. A Flexi Term Loan is perfect for such uses.

  • Flexi Hybrid Loan

    This alternative functions just like the Flexi Term Loan. The main distinction is that, for the loan’s initial period — which may vary depending on the loan’s tenure — your EMI will solely be made up of the interest applicable.

    Click here for a detailed description of how our Flexi Hybrid Loan works.

  • Term Loan

    This loan is similar to the regular loans. You can take out a loan for a specific sum of money, which is then divided into equal monthly payments that include both the principal and the interest.

    There is a pre-payment charge for repaying your Term Loan before the end of the tenure.

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Features and benefits of our doctor loan

All you need to know about 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 one 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. 55 lakh

    Get loans from Rs. 50,000 to Rs. 55 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

    We offer extended repayment tenures of up to 96 months so that you can repay your loans comfortably.

  • 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.

  • *Terms and conditions apply

    Still haven’t found what you’re looking for? Click on any of the links at the top of this page.

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Pre-approved offers for new customers

We have pre-approved offers for both our existing customers as well as our new customers. We only need your phone number to check.

If you already have a pre-approved offer, you do not need to complete the entire application procedure.

Consider it our green channel.

Check your pre-approved offer

You may not now require a loan, or you may not have a pre-approved offer at this point of time. You can still choose from a vast selection of products:

  • Set up your Bajaj Pay Wallet

    Set up your Bajaj Pay Wallet

    The 4-in-1 wallet that helps you transfer money or pay using your digital wallet is an EMI Network Card, a Credit Card, and UPI.

    Download Now

  • Check your credit health

    Check your credit health

    Some of the most crucial factors for you are your CIBIL Score and credit health. Get our Credit Pass to be fit all time.

    Check your CIBIL score

  • Pocket Insurance to cover all your life events

    Pocket Insurance to cover all your life events

    We have more than 400+ insurance plans that start from Rs. 19. It covers all your life events, like trekking, losing/damaging your car keys, common diseases and more.

    Discover Insurance Mall

  • Set up an SIP for as little as Rs. 100 per month

    Set up an SIP for as little as Rs. 100 per month

    Choose from over 900 mutual funds from 40+ mutual fund companies, including Aditya Birla, SBI, HDFC, ICICI Prudential and more.

    Discover Investment Mall


EMI Calculator

Plan your instalments better.

Eligibility criteria and documents required

Any doctor can apply for our doctor loan, as long as you meet four basic criteria mentioned below. You will also need a set of documents to complete the application process.

Eligibility criteria

  • Nationality: Indian
  • Age: 22 years to 72 years*
  • CIBIL Score: 685 or higher
  • Medical registration: Degree to be registered with the medical council

*Age should be 72 years or less at the end of your tenure.


  • KYC documents - Aadhaar/ PAN card/ passport/ voter’s ID
  • Medical registration certificate

Loan application process for doctors

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 the form is filled, click on ‘PROCEED’ to go to the loan selection page.
  5. Enter the loan amount that you need. You can choose from our three doctor loan variants – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan.
  6. Choose the repayment tenure – you can select tenure options ranging from 12 months to 96 months – and click on ‘PROCEED’.
  7. Complete the KYC and submit your doctor loan application.

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.

Applicable fees and charges

Type of fee

Applicable charges

Rate of interest

11% - 18% per annum

Processing fees Up to 2.95% of the loan amount (inclusive of applicable taxes).
Document processing charges Up to Rs. 2,360/- (inclusive of applicable taxes)

Flexi Fee

Term Loan – Not applicable

Flexi Term Loan (Flexi Dropline) - Up to Rs. 999/- (inclusive of applicable taxes)

Flexi Variant (as applicable below) -
Up to Rs. 1,999 (inclusive of applicable taxes) for loan amount up to Rs. 1,99,999/-

Up to Rs. 3,999 (inclusive of applicable taxes) for loan amount from Rs. 2,00,000/- to Rs. 3,99,999/-

Up to Rs. 5,999 (inclusive of applicable taxes) for the loan amount from Rs. 4,00,000/- to Rs. 5,99,999/-

Up to Rs. 6,999 (inclusive of applicable taxes) for the loan amount from Rs. 6,00,000/- to Rs. 9,99,999/-

Up to Rs. 7,999 (inclusive of applicable taxes) for the loan amount of Rs. 10,00,000/- and above

*Charges will be deducted upfront from the loan amount

Bounce charges

Rs. 1,500/- per bounce

Penal interest

Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment, from the date of default until the receipt of monthly instalment.

Pre-payment charges

Full Pre-payment
Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.

Part Pre-payment
Up to 4.72% (inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.
Not Applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi

Stamp duty

Payable as per state laws and deducted upfront

Mandate rejection charges

Rs. 450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.

Annual maintenance charges

Term Loan: Not Applicable

Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.

Flexi Hybrid Loan: Up to 0.59% (inclusive of applicable taxes) of the total withdrawable amount during initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable Amount during subsequent tenure.

Broken period interest/ Pre-EMI Interest

"Broken Period Interest/ Pre-EMI Interest" shall mean the amount of interest on loan for the number of day(s) which is(are):

Scenario 1: Over and above the period of 30 (thirty) days from the date of disbursement of the loan

Method of recovery of Broken Period Interest/ Pre-EMI Interest:
For Term Loan: Deduct from disbursement
For Flexi Term Loan: Added to first instalment amount
For Hybrid Flexi Loan: Added to first instalment amount

Scenario 2: Less than period of 30 (thirty) days from the date of disbursement of the loan, Interest on first instalment will be charged for actual number of days

Switch Fees* Up to 1.18% of the loan amount (inclusive of applicable taxes)

*Switch Fee is applicable only in case of conversion of loan. In conversion cases, Processing Fees and Documentation Charges will not be applicable.

Frequently asked questions

What is the Flexi Term Loan facility?

The Flexi Term Loan facility is a unique financial offering that lets you withdraw and prepay funds from your loan limit as per your requirement

In Flexi Hybrid Loans, you are charged interest only on the amount you utilise, and you have the option to reduce your EMIs during the initial tenure.

Where can I find the loan account statement for my doctor loan?

Your loan account statement, your repayment schedule, and all other details of your doctor loan are available on our customer portal, My Account. In fact, you can see details of all your previous transactions with Bajaj Finserv under the My Relations tab on the customer portal.

What is the maximum loan amount you can get with a doctor loan?

Bajaj Finserv offers doctor loans of up to Rs. 55 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 apply for a doctor loan.

What is the difference between a Flexi Hybrid Loan and a Term Loan?

A Flexi Hybrid Loan and a Term Loan are two variants of doctor loans 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 tenure. Your instalments comprise an interest component and a principal component, and the EMI amount remains fixed throughout the tenure.

The Flexi Term Loan 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 Hybrid Loan, you have the option of interest-only EMIs for the initial part of the tenure.

As the name suggests, the Flexi variants are more flexible, and offer you the chance to reduce the burden of loan repayments.

How do I apply for a loan for doctors?

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. 55 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.

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