Features and benefits of personal loan for doctors

  • Quick approval

    Quick approval

    Have your personal loan approved within 48 hours* of applying online, thanks to easy eligibility criteria.

  • Flexi facility

    Flexi facility

    Borrow when you need and prepay when you can against your approved loan limit. Pay interest-only EMIs for the initial tenor.

  • Convenient repayment

    Convenient repayment

    Service your loan over a maximum of 96 months to keep your monthly outgo budget-friendly.

  • Basic documents

    Basic documents

    Submit KYC and your medical registration certificate to get a personal loan for Doctors.

  • Zero collateral

    Zero collateral

    Access ample funds without having to provide a valuable asset as security.

  • Easy part-prepayment

    Easy part-prepayment

    Make part-prepayments against little to no extra charges and save on interest.

  • Pre-approved offers

    Pre-approved offers

    Avail of exclusive pre-approved offers to obtain quick financing tailored to your profile.

With a quick and convenient Bajaj Finserv Personal Loan for Doctors, you can fund all your personal financial needs, from family weddings and overseas holidays to your children’s education. You can use it for business needs as well, to enhance your medical practice. Get up to Rs. 80 lakh (Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees) within just 48 hours* of your application being approved. With a hassle-free online application, easy eligibility criteria, and a minimal requirement for documentation, get the funds you need with ease without disrupting your busy schedule.

Consider the Flexi loan facility for borrowing flexibility, where you get a fixed loan limit for a pre-decided tenor. Withdraw and prepay funds against this loan limit for free and choose to pay only the interest component of your loan as monthly EMIs. Interest is charged only on the amount utilised.

*Terms and conditions apply

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Eligibility criteria for a personal loan for doctors

Get a personal loan for doctors from Bajaj Finserv on simple eligibility terms.

You should be:

  • Super specialist doctors (MD/ DM/ MS): Degree to be registered with the medical council
  • Graduate doctors (MBBS): Degree to be registered with the medical council
  • Dentists (BDS/ MDS): Minimum 5 years of post-qualification experience
  • Ayurvedic and homeopathic doctors (BHMS/ BAMS): Minimum 2 years of post-qualification experience

Similarly, you should also:

  • Be a citizen of India
  • Have a CIBIL score of 685 or more

Documents required for personal loan for doctors

Bajaj Finserv Personal Loan for Doctors requires minimal documentation for your convenience. These documents are:

  • KYC of authorised signatories
  • Medical registration certification

Fees and charges of personal loan for doctors

Avail of personal loan financing against cost-effective fees and charges with Bajaj Finserv.

Types of fees

Charges applicable

Rate of interest

11% to 19% p.a (Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees)

Processing fee

Up to 2.95% (Inclusive of applicable taxes) of the loan amount*

Document/statement charges

Download your e-statements/ letters/ certificates for free from My Account. Physical copies of your statements/ letters/ certificates/ other documents from any of our branches at Rs. 50 (inclusive of taxes) per statement/ letter/ certificate.

Penal interest

36% per month

Bounce Charges

Up to Rs. 1,500 (inclusive of applicable taxes)

Document processing charges

Rs. 2,360 (plus taxes)


Note: You can view the complete fees and charges applicable on a personal loan for doctors.

How to apply for personal loan for doctors

Here are the easy steps to follow to avail of a personal loan for doctors.

  1. 1 Click on ‘Apply Online’ to open our online application form
  2. 2 Enter your phone number and OTP
  3. 3 Provide your personal and qualification details
  4. 4 Select the loan amount you want to borrow
  5. 5 Share additional information, if requested
  6. 6 Upload your documents and submit your application

Our representative will call and guide you on the next steps.

Frequently asked questions

How much loan a doctor can get in India?

With Bajaj Finserv, practising doctors can get a loan of up to Rs. 80 lakh without pledging any collateral. All you need to do is meet the eligibility criteria and submit your certificate of medical practice and KYC documents to get hassle-free funds.

Can a medical student get a doctor loan?

A medical student can get a doctor loan only if he fulfils the following criteria:

  • Graduate doctor (MBBS) registered with the medical council
  • Super-specialist doctors (MD/ DM/ MS) registered with the medical council
  • Ayurvedic or homoeopathic doctors (BAMS/ BHMS) must have 2 years of post-qualification experience
  • Dentists (MDS/ BDS) must have 5 years of post-qualification experience
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