Home Loan eligibility and documents for doctors

Read on to know the criteria required to apply for our loan against property.

Eligibility criteria and documents required

Anyone can apply for our home loan as long as they meet the criteria mentioned below.

Eligibility criteria

  • Nationality:
    You must be an Indian citizen residing in India.
  • Age:
    A self-employed doctor must be between 23 years to 70 years
    *The upper age limit is considered as the age at the time of loan maturity.
  • CIBIL Score:
    A CIBIL Score of 725 or higher is ideal to get a home loan.
  • Employment status:
    As a self-employed doctor, you must hold an MBBS or subsequent higher degree. You should also have a business continuity of over 5 years in your current practice.

Documents required:

  • KYC documents (identity and address proof)
  • Proof of income (P&L statement)
  • Proof of medical practice existence, and
  • Account statements for the last 6 months

Note: This is an indicative list that may change based on your actual loan application.

More details

It is necessary to be under the eligible age limit and income profile if you wish to apply for a home loan.

Bajaj Finserv offers exclusive interest rates in most Indian cities to self-employed doctors who are between 23 years to 65 years.

If you are a self-employed doctor with a CIBIL Score of 725 can easily apply for a home loan with us after meeting certain requirements. You will have to furnish a few documents and after their verification, your final loan amount will be approved.

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

How to apply for a home loan

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A step-by-step guide to applying for a home loan

  1. Click on the 'APPLY' button on this page.
  2. Enter your full name, mobile number, and pin code, and choose ‘Self-employed Doctor’ as the employment type.
  3. Now select the type of loan you wish to apply for.
  4. Generate and submit your OTP to verify your phone number.
  5. Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
  6. In the next step, enter your PAN number and any other details as requested depending on your selected occupation type.
  7. Click on the ‘SUBMIT’ button.

That is it! Your application is submitted. Our representative will connect with you to guide you through the next steps.