Personal Loan for Doctors for wedding

Planning a wedding might take years in order to make sure that you and your loved ones have a wonderful and memorable experience. Do everything you can to make it special for the couple, from the venue to the attire to the entertainment to the gifts to the furnishings and more they'll need to start their new life together. Pay for your dream wedding with the help of a personal loan for doctors of up to Rs. 55 lakh.



Elegant decorations are a must for a fairytale wedding. Choose a magnificent wedding location at an unusual location, and pay for décor that matches up to your vision for the big day.



You should feel and look your absolute best on your wedding day. Make an appointment with the best cosmetic artist in town, stock up on gold jewellery, and purchase a fancy lehenga or sherwani.



Do not let the beauty of your wedding day fade with the passage of time; save those memories with a timeless wedding album. A photo booth is sure to be a hit with your guests, too.



To get the party started, hire a hip DJ, and a live band to set the mood. Make sure that the youngsters are entertained as well as the adults by providing games for them to play.



Plan a visit to a luxurious resort or boutique destination to really wow your guests and make their stay one they will not soon forget. Hire top-notch chefs to cook up a feast fit for a celebration too.

3 unique variants of our personal loan for doctors

  • Flexi Term Loan

    Imagine that you take out a Rs. 8 lakh loan with a 24-month duration. For the first six months, you make regular EMI payments. By now, you have repaid about Rs. 2 lakh plus interest.

    You realise that you require Rs. 3 lakh more. You only need to sign in to My Account, and withdraw the money from your Flexi Term Loan account. Let us say that three months later, you decide to pay off your Flexi Term Loan partially. Again, all you have to do is sign in to My Account and make a part-prepayment.

    You are only paying interest on the amount that is now due, since your interest has been automatically adjusted throughout. Your EMI includes both the principal and the adjusted interest.

    For the modern lifestyle when managing money might be unpredictable, this loan variant is excellent.

  • 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 component. The interest and principal components of the EMI will be used for the remaining time.

    Click here for a detailed description of how our Flexi Hybrid Loan works.

  • Term Loan

    This is just like your regular personal loan. You take out a loan for a specific sum of money, which is then divided into equal monthly payments that include both the principal and the associated interest.

    There is a pre-payment charge for repaying your Term Loan before the end of the tenure.

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Features and benefits of our personal loan for doctors

All you need to know about our Personal Loan for Doctors

Watch this video to know everything about the features of our personal loan for doctors

  • 3 unique variants

    3 unique variants

    We have 3 unique variants – Term Loan, Flexi Term Loan, Flexi Hybrid Loan. Select the loan variant that suits you best.

  • No part-prepayment charge on Flexi variants

    No part-prepayment charge on Flexi variants

    Our Flexi variants allow you to borrow as many times as you want and part-prepay whenever you can. No extra charges.

    Read about our Flexi Hybrid Loan

  • Loan of up to

    Loan of up to Rs. 55 lakh

    Manage your small or large expenses with loans from Rs. 50,000 to Rs. 55 lakh through an end-to-end online application process.

  • Convenient tenures of up to

    Convenient tenures of up to 8 years

    Manage your loan comfortably with extended repayment options ranging up to 96 months.

  • Money in your bank account in

    Money in your bank account in 48 hours*

    In most cases, you will get your personal loan for doctors credited to your bank account within 48 hours of approval.

  • No hidden charges

    No hidden charges

    All the fees and charges are mentioned upfront on this page and in your loan documents. We advise you to read them in detail.

    Know about our fees and charges

  • No collateral or guarantor required

    No collateral or guarantor required

    Get the personal loan for doctors without providing collateral or security such as gold ornaments or property.

  • End-to-end online application process

    End-to-end online application process

    You can apply for our personal loan for doctors anytime, from the comfort of your home or from wherever you are.

  • *Terms and conditions apply

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

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Pre-approved offers for new customers

We have pre-approved offers for both our existing customers and new customers. We only need your phone number to verify your identity.

If you are a pre-approved customer, you do not need to complete the application process in its entirety.

Consider it to be our green channel.

Check your pre-approved offer

You might not require a loan at this time, or you might not have a pre-approved offer. There is still a vast selection of products available which you can choose from:

  • Set up your Bajaj Pay Wallet

    Set up your Bajaj Pay Wallet

    The 4-in-1 wallet that helps you transfer money or pay using your digital wallet is an EMI Network Card, a Credit Card, and UPI.

    Download Bajaj Pay

  • Check your credit health

    Check your credit health

    Two most crucial factors for you are your credit health and CIBIL Score. Get our Credit Health Report to be financially healthy at all times.

    Check your CIBIL score

  • Pocket Insurance to cover all your life events

    Pocket Insurance to cover all your life events

    We have more than 400+ insurance plans that start from Rs. 19. They cover all life events, like hiking, common diseases, losing/ damaging your car keys, and more.

    Discover Insurance Mall

  • Set up an SIP for as little as Rs. 100 per month

    Set up an SIP for as little as Rs. 100 per month

    Select from over 900 mutual funds from 40+ mutual fund companies, like Aditya Birla, SBI, HDFC, ICICI Prudential and more.

    Discover Investment Mall

EMI Calculator

EMI Calculator

Plan your instalments better.

Eligibility criteria and documents required

There are just a few basic criteria to be eligible for a personal loan for doctors. You will also need some documents to complete the application process.

Eligibility criteria

  • Nationality: Indian
  • Age: 22 years to 72 years*
  • CIBIL Score: 685 or higher
  • Medical registration: Degree to be registered with the medical council


  • KYC documents - Aadhaar/ PAN card/ passport/ voter’s ID
  • Medical registration certificate

*Age should be 72 years or less at the end of your tenure.

Personal Loan for Doctors application process

Step-by-step guide to apply for a personal loan for doctors

  1. Click on the ‘APPLY’ button on this page.
  2. Enter your 10-digit mobile number and OTP.
  3. Fill in the application form with your basic personal and professional details.
  4. Once the form is filled, click on ‘PROCEED’ to go to the loan selection page.
  5. Enter the loan amount that you need. You can choose from our three variants – Term Loan, Flexi Term Loan, and Flexi Hybrid Loan.
  6. Choose the repayment tenure – you can select tenure options ranging from 12 months to 96 months – and click on ‘PROCEED’.
  7. Complete the KYC and submit your personal loan for doctors application.

Note: Keep your medical registration certificate handy to finish the KYC process.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account upon verification of your documents.

Applicable fees and charges

Type of fee

Applicable charges

Rate of interest

11% to 18% p.a.

Processing fees

Up to 2.95% of the loan amount (inclusive of applicable taxes).

Bounce charges

Rs. 1,500 per bounce.

Penal interest

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 3.50% per month on the monthly instalment/ EMI outstanding from the date of default until the receipt of the monthly instalment/ EMI.

Part-prepayment charges*

4.72% plus applicable taxes on part-payment amount paid.

Stamp duty

At actuals (as per state).

Mandate rejection charges

Rs. 450 per month from the first month of due date for mandate rejected by customer’s bank until the new mandate is registered.

Annual maintenance charges

Flexi Loan - 0.295% inclusive of applicable taxes on the total withdrawable amount.

Flexi Hybrid Loan – 0.59% inclusive of applicable taxes on the total withdrawable amount during the initial tenure and 0.295% during the subsequent tenure.

Foreclosure charges

Term loan – 4.72% inclusive of applicable taxes on the principal outstanding amount as on the date of such full prepayment.

Flexi Term Loan and Flexi Hybrid Loan - 4.72% inclusive of applicable taxes on total withdrawable amount (total loan amount that you can withdraw under Flexi Term Loan and Flexi Hybrid Loan from time to time as per the repayment schedule on the date of levy of such charges).

*These charges are not applicable on the Flexi Term Loan and Flexi Hybrid Loan. Moreover, part-prepayment should be more than one EMI.

Frequently asked questions

What is the Flexi Term Loan facility?

The Flexi Term Loan facility lets you withdraw and prepay funds from a pre-approved loan limit as per your requirement.

You are charged interest only on the amount you utilise, and, in case of Flexi Hybrid Loan, you also have the option to reduce your EMIs for the initial tenure.

Where can I find the loan account statement?

Your loan account statement, your repayment schedule, and all other details of the personal loan for doctors are available on our customer portal, My Account. You can view all your previous transactions with Bajaj Finserv under the My Relations tab on My Account.

What is the maximum loan amount that you can get with a personal loan for doctors?

Bajaj Finserv offers personal loans for doctors up to Rs. 55 lakh. You can check the loan amount pre-approved for you by sharing just the basic details.

Alternatively, you can enter your details in the online form and apply for a personal loan for doctors.

What is the difference between a Flexi Hybrid Loan and a Term Loan?

A Flexi Term Loan and Term Loan are two variants offered by Bajaj Finserv.

In a term loan, your instalments comprise an interest component and a principal component, and the EMI amount remains fixed throughout the tenure.

The Flexi Term Loan, on the other hand, gives you access to a loan limit. You can withdraw and repay as per your convenience. In Flexi Hybrid Loan, you also have the option of interest-only EMIs for the initial part of the tenure.

How do I apply for a personal loan for doctors?

If you are a pre-approved customer of Bajaj Finserv, you can check your offer by entering your name and phone number.

If you are new to Bajaj Finserv, you can apply by filling up the online application form and submitting your KYC and other documents.

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