Onam is a vibrant and culturally significant festival celebrated with great enthusiasm, especially in the southern state of Kerala. Marking the homecoming of the legendary King Mahabali, Onam symbolises prosperity, unity, and abundance. The festival is known for its grand feasts (Onasadya), intricate floral decorations (Pookalam), traditional music, dance, and the iconic Vallam Kali or snake boat races. Deeply rooted in Kerala’s heritage, Onam is a time for families to come together, honour tradition, and celebrate the spirit of joy and community.
Celebrate Onam with Bajaj Finserv Doctor Loan: A financial boost for medical professionals
Onam, the harvest festival of Kerala, is a time of joy, prosperity, and new beginnings. For medical professionals looking to expand their practice, upgrade equipment, or meet personal financial needs, this festive season presents an excellent opportunity to secure funds. Bajaj Finserv Doctor Loan is designed exclusively for doctors, offering tailored benefits to meet their unique financial requirements.
With attractive features, minimal documentation, and quick processing, this loan can help you achieve your professional and personal goals during Onam. Let us explore why Bajaj Finserv Doctor Loan is the right choice this festive season.
Why choose Bajaj Finserv Doctor Loan this Onam
Bajaj Finserv Doctor Loan stands out as a reliable financial solution for medical professionals. Here is a detailed look at why this loan is a preferred choice:
| Features | Benefits |
|---|---|
| High loan amount | Get unsecured loans of up to Rs. 80 lakh without pledging any collateral. |
| Quick disbursal | Funds are disbursed within 48 hours of approval, ensuring timely access. |
| Flexi loan facility | Borrow and repay as per your needs, with interest charged only on the amount utilised. |
The festive period is the perfect time to take advantage of these features, helping you achieve your financial goals with ease.
Key features of Bajaj Finserv Doctor Loan
Bajaj Finserv Doctor Loan is packed with features that make it an ideal financial product for doctors. Here are the key highlights:
- Unsecured loan: No need to pledge assets as collateral, offering peace of mind and flexibility.
- High loan amount: Borrow up to Rs. 80 lakh to meet your financial requirements, whether personal or professional.
- Flexible repayment tenure: Choose repayment terms ranging from 12 to 96 months, allowing you to manage your finances effectively.
- Minimal documentation: The loan process is hassle-free, requiring only essential documents for approval.
- Online account management: Track your loan details, repayment schedule, and more through a user-friendly online portal.
These features make Bajaj Finserv Doctor Loan a comprehensive financial solution for doctors during Onam and beyond. If you’re an existing customer, check your pre-approved doctor loan offer to get quicker access to funds this festive season.
Eligibility and documentation required
Understanding and checking your doctor loan eligibility criteria and required documents is crucial for a seamless application process. Here is a breakdown:
Eligibility Criteria
- Nationality: Indian
- Age: 22 years to 80 years*
- CIBIL Score: 685 or higher
- Medical registration: Degree to be registered with the medical council
Documentation Required
- KYC documents - Aadhaar/passport/voter’s ID/driving license/letter from NPR/NREGA job card
- PAN card
- Medical registration certificate
Meeting these criteria and providing the necessary documents ensures a smooth loan approval process.
Interest rate and charges on doctor loan
Understanding the doctor loan interest rate and associated charges is essential for informed financial planning. Here is a detailed table:
| Charges | Details |
|---|---|
| Interest rate | Competitive rates starting from 11%. |
| Processing fee | Up to 2.95% of the loan amount. |
| Penal interest | 36% per annum per instalment. |
These transparent charges and competitive interest rates make Bajaj Finserv Doctor Loan a cost-effective option for medical professionals.
How to apply for doctor loan during Onam
Applying for a Bajaj Finserv Doctor Loan is a straightforward process. Here are the steps to get started:
- Click on the 'Check Eligibility' button on this page.
- Enter your 10-digit mobile number and verify it using the OTP.
- Fill in the application form with your basic personal and professional details.
- Click 'CONTINUE' after completing the form.
- Provide your banking details and complete the KYC process.
- Submit your application for processing.
Conclusion
Onam is a time of new opportunities, and Bajaj Finserv Doctor Loan can help you make the most of this festive season. Whether you wish to expand your practice, invest in advanced medical equipment, or meet personal financial needs, this loan offers a tailored solution with attractive features.
With high loan amounts, competitive interest rates, and flexible repayment options, Bajaj Finserv Doctor Loan is the perfect financial partner for doctors. Apply today and take a step towards achieving your goals this Onam.
