Personal Loan For Doctors – Interest Rates 2024, Documents, Apply

Best Personal Loans For Doctors – Compare Interest Rates for personal loans from Major banks, Check eligibility, Documents and fees. Apply online for personal loans for doctors through Deal4loans.

Personal Loan Interest Rates for Doctors 2024

Personal Loan for Doctors Processing Fees / Prepayment Charges

Best Medical Equipment Loan

• Loan amounts from Rs.50,000 up to Rs.10 crore
• Loans up to 85% of the invoice value
• Repayment period of 12–60 months
• Repayment through post-dated cheques or direct debit of the account
• Equipment to be hypothecated with bank

Benefits of Doctors Personal Loan

• Easy paperwork and quick approval
• Widest coverage – available at more than 250 locations
• Personalised service with doorstep delivery
• Low interest medical equipment loan
• Flexible repayment options

Features & benefits of Doctor Loans

• Loan to Individual Doctors & Medical Practitioners.
• No Guarantors or collateral required
• Choose from flexible repayment tenure – ranging from 12 months to 60 months
• The loan is available for following purposes:
  • Any personal purpose including purposes for meeting expenses of professional requirement.
  • Development of Clinic / Clinic-cum-residence, Nursing Home, Pathological Laboratory.
  • Purchase of medical / diagnostic equipment, setting up of operation theatre etc.
  • Purchase of office equipment viz. computers, fax, air-conditioners and furniture etc.
  • Purchase of car, ambulance, etc.
  • Expansion/ renovation/ modernization of existing premises/ Clinic/ Nursing Home.
  • Working Capital requirement including stock of medicines.

Eligibility Criteria for Personal Loan for Doctors

• Maximum age: 65 years on date of sanction of loan.
• Graduate Doctors (MBBS/BDS) / Post Graduate Doctors (MD/DM/MS/MCH/MDS) – Minimum 4 years of post-qualification experience.
• Own House/Clinic (Parental/own house in any location where HDBFS operates)