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Doctor Loan
A red carpet welcome for medical professionals
Features & Benefits
- Interest charged on daily reducing basis
- No pre - payment charges for repayment through own source
- Attractive interest rate
- Simple documentation
- Easy repayment options - ECS/ Post-dated cheque/ Standing Instruction
- Speedy loan approval
- Offers Insurance cover for all assets at attractive premium
Purpose
- Furniture Fixture, Repairs & Renovation of Clinic
- Funding for Imported Equipment
- Hospital Infrastructure Finance
Eligibility
- Professional Medical practitioner
Quantum of loan
- Up to 100 % of vehicle value
- Up to 90 % of Equipment & Premises value
- Up to 70 % Finance on Furniture, Fixture, Repairs & Renovation of Clinic
Documentation : Refer Basic Documents - Retail Loan
In addition to the basic documents
- Degree : Professional Degree Certificate
- Vehicle : Proforma Invoice of an authorised dealer
- Equipment/Computer : Estimate / Quotation
- Premises
- Copy of Agreement or allotment letter
- Chain of Agreements in case of re-sale
- NOC from Society
- Share Certificate of the society in the name of seller
- Leave & license agreement if the applicant is currently staying on rent
Security
- Mortgage of assets financed
Repayment
- Up to 10yrs (Including Moratorium)
Conditions Apply
Disclaimer
ENROUTING TO A THIRD PARTY WEBSITE
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