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How to finance your dental practice?

How to finance your dental practice?

2 min read
21 April 2023

Running a dental practice requires substantial capital. You have to take care of a range of expenses, from meeting payroll costs to subscribing to digital medical practice software. You will have to address daily operational expenses like rent, maintenance, utility, and dental disposables. Then, you may also make big-ticket purchases like dental chairs, dental equipment, and procuring medical supplies.

To help you meet these needs, Bajaj Finance offers doctor loans tailored for medical professionals. You can use these loans to finance your dental practice and scale it up.

Get up to Rs. 80 lakh collateral-free by opting for a loan for doctors. This loan will be inclusive of insurance premiums, VAS charges, documentation charges, Flexi fees, and processing fees. You can also choose a medical equipment loan to get up to Rs. 15 crore. Use this loan to finance machinery and equipment related to your practice. Both these credit facilities come with easy-to-meet eligibility criteria and require basic documents. Doorstep services are available too. Now, you can finance everything related to your dental clinic hassle-free.

Also Read: Digital dentistry the future of your dental practice

Dental practice loan interest rates

The Bajaj Finserv Doctor Loan offers an array of features and is designed to cater to the needs of doctors aspiring to expand their medical practices. Within a mere 48 hours* of document verification, you can have the loan approved, allowing you to promptly address practice requirements with utmost convenience.

Bajaj Finserv Doctor Loan offers competitive interest rates starting at 11% per annum. The repayment tenure spans from 12 to 96 months, ensuring a convenient repayment schedule that suits your preferences.

The eligibility criteria for this loan for doctors are simple and based on your educational background and professional experience for loan approval. This streamlined approach ensures a completely hassle-free experience. Simply complete the easy online application to obtain the necessary funds.

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