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

    A modern-day practice demands dynamicism and you may need quick investments to meet those demands. 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.

  • Term Loan

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

    There is a prepayment 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 00:43

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.

  • Loan of up to %$$DL-Loan-Amount$$%

    Loan of up to Rs. 80 lakh

    Get loans from Rs. 2,00,000 to Rs. 80 lakh to manage your small/ large expenses. Available through an end-to-end online application process.

  • Convenient tenures of up to %$$DL-Tenor-Max-Years$$%

    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 in %$$DL-Disbursal$$%*

    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.

  • 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.

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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. These loans give you the option to reduce your EMIs during the initial tenure.

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

Just visit our customer portal, My Account. Your loan account statement, your repayment schedule, and all other details of your doctor loan are available on this portal.

You can even get details of your previous transactions with Bajaj Finance. View these details under the My Relations tab on the customer portal.

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

Bajaj Finance offers doctor loans of up to Rs. 80 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 Finance.

A Term Loan is a regular doctor loan. It helps you to get the amount you need and repay it over the loan tenure. Your instalments comprise an interest component and a principal component. The EMI amount remains fixed throughout the tenure.

The Flexi Term Loan is a smart loan option. It 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. They offer you the chance to reduce the burden of loan repayments.

How do I apply for a loan for doctors?

The pre-approved customers of Bajaj Finance can check their doctor loan offer. All you need to provide is your name and phone number. With pre-approved offers of up to Rs. 80 lakh, getting a doctor loan is quick and easy.

If you are new to Bajaj Finance, you can apply for a doctor loan online. Fill up the online application form and submit your KYC and other documents. Also, read about the documents required and the eligibility criteria before applying for a doctor loan.

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