Business loan for doctors is a loan for Consultants and Practicing Doctors. Looking to expand your scale of operations, invest in equipment or have a business need, to provide better service and treatment facilities.
Get working Capital / financing of up to Rs. 30 Lakhs with quick approvals and a low rate of interest
Attractive interest rates that make your Doctor Loan much more affordable and easy- going on your pocket.
Customized repayment options, with line of credit facility to suit your daily needs.
Flexible tenor options ranging from 12 months to 60 months
Quick approvals within 24 hours of your application
Business Loan for Doctors up to Rs. 30 lakhs, approval within 24 hours. No guarantors and no collaterals required. Minimal documentation and online fund management. Exclusive option of
Whether it be for a buying the latest technology equipment or for building hospital we provide you with medical equipment financing and loan for your clinic/hospital with the best interest rates available in the market. We also offer personal loan for doctors which you can use as per your personal needs. Bajaj Finserv offers Doctor Loan up to Rs. 30 lakh. You can apply Loan for Doctors online.
Line of Credit is an industry first offering tailored exclusively for doctors. With this feature, you are empowered with regard to managing cash flows smartly and more efficiently. This facility ensures that you get a dedicated credit line for a particular duration. Throughout this duration, you only pay the interest component of the amount that you make use of. The monthly EMI for Line of Credit will only contain the interest amount. The principal amount of the loan has to be paid only when this fixed tenure ends. There will be no principal component on a monthly basis.
You can prepay any amount. However, the prepayment transaction should not be less than the total amount of 3 EMIs. There is no limit on the maximum amount. This is subject to you clearing your first EMI.
You don't need to provide any guarantors or collaterals to take a Doctor Loan from Bajaj Finserv. Know more about how to apply for Doctor Loan online
As an existing customer of Bajaj Finserv, you will be eligible to get exclusive pre-approved offers from us. These offers may include a top-up loan or even reduction of rates from time to time
You can view all your loan account details and transact on your loan account on our Customer Portal. Log in with your user id / mobile number/ email and password.
For more details about Bajaj Finserv Doctor Loan process, read terms and conditions. You can also contact us or refer to Doctor Loan FAQs, if you have any questions.
*Applicable following 1st EMI clearnce.
Here are the steps you need to follow when applying for an online Business Loan on our user-friendly website.
All you have to do is enter your personal details including your name, date of birth, address, and contact details.
Representative from Bajaj Finserv will call you within 24 hours with your approved amount.
Submit copies of all your documents, including ID, address, signature proof, photographs, employment and income details with our representative.
Complete verification and disbursal of your loan amount within 48 hours of document pick-up.
Our Business Loan for Doctors is available to new as well as existing customers of Bajaj Finserv. The criteria and documents required for the same are listed below.
Eligible applicants should be:
Super Specialist Doctors (MD/DM/MS) – No Minimum years of experience post-qualification.
Graduate Doctors (MBBS) - Minimum 2 years of post-qualification experience
Dentists Doctors (BDS/MDS) - Minimum 5 years of post-qualification experience
Ayurvedic & Homeopathic Doctors:BHMS/BAMS- Minimum 8 years of post-qualification experience
Homeopathic Doctors: DHMS- Minimum 15 years of post-qualification experience
Medical Registration Certification
All our loans come with the Part-Prepayment facility. With this, you can part prepay as much as you want for up to 6 times in a calendar year, post the clearance of your first EMI. Minimum amount should be 3 times of the EMI for Part prepayment
LOC stands for Line of Credit, is a facility where you are given a “credit line” and during the term of the facility you pay interest component only on the amount utilized. The monthly installment for Line of Credit will consist only of the interest amount and will not have a principal component on a monthly basis. The principal amount of loan is to be repaid at the end of the tenure of the facility. To read more click here.
Line of Credit: Customer avails loan and uses the same as a FIXED credit line with renewal option every year. Option to prepay with surplus funds as well as withdraw within the available limit Repayment of interest only every month, applicable on the utilized amount.
Term loan: Customer avails loan and repays in equated installments normally option to prepay with surplus funds, but no withdrawal options. Repayment of interest and principal every month.
Loan against property sanctioned by us can be used for the following end uses:
Yes, he/she can take the loan. All the co-owners of the considered property need to come in as co-applicants to the loan.
There are no restrictions on the end usage of the loan unlike home loan/mortgage loan. Doctors can use them for any of his personal needs for example: loans for clinic, loans for medical practice, financing hospital etc.