Bajaj Finserv Doctor Loan

Interest Rate starts from 15.00%
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Doctor Loan From Bajaj Finserv

Doctor Loan From Kotak Mahindra Bank ApnaLoanBazaar understands the unique financial need of Doctors. Whether it is to boost up the Medical infrastructure in your clinic or to open a new branch for your clinic, we will help you with best quotes for Doctor Loan from various banks across India.
Interest Rate starts from
15.0 * %
Processing Fee
2.0% *
Loan Tenure
Upto 5 Years
Guarantor Requirement
No
Part-Payment
Allowed
Pre-Closure Charges
4%

About Bajaj Finserv

Bajaj Finserv, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance. The company through its joint ventures and subsidiaries employs over 20,000 employees and has established a nationwide presence across over 1400 locations. The company is currently engaged in consumer finance businesses, life insurance, and general insurance and has plans to expand its business by offering a wide array of financial products and services in India. Apart from financial services, Bajaj Finserv is also active in wind–energy generation.

Highlights

Ranked amongst the top 25 best places to work in Asia by the Great Place to Work (GPTW)
Institute 10 Best Multinational Workplaces in Asia 2015
Best Small & Medium-sized Workplaces in Asia 2015 (50-500 Employees)
25 Best Workplaces in Asia 2015 (500 + Employees)
Awarded in the category of 25 Best Workplaces in Asia 2015 (500 + Employees)
Won the CIO 100 Innovation award for two products - EMI Card and Flexisaver.

FAQs About Bajaj Finserv Doctor Loan

What is a Doctor Loan?
  • Doctor Loan also referred to as a Physician Loan is a special Loan for professional doctors with a self-owned clinic or those working in a government or private clinic, hospitals and Consultants. A Doctor Loan is taken to serve the financial requirements of doctors looking to expand the scale of operations.
How to Apply for a Doctor Loan?
  • professional loan for doctors is given depending on factors such as qualification, experience, annual income, profit making and age of applicant. Once you meet these parameters, you can apply for a doctor loan in India via different channels such as phone calls, SMS or by visiting the branch. However, the easiest of the lot is to apply for a doctor loan online by simply filling an online application form. The representatives then get in touch and help you with the rest of the process.
What is the interest rate for a doctor loan?
  • Whether you are looking to expand your infrastructure or scale of operations to provide better service and treatment facilities, Doctor Loans by Bajaj Finserv would be the smartest option. With a loan tenor of up to 60 months our Doctor Loan interest rates are amongst the lowest in India. Other charges such as Processing Fees, Secure Fee and EMI bounce charges would be applicable.

Required Documentation For Doctor Loans

  • Signed Application form
  • Two Passport Size Photos - Applicant and Co-Applicant
  • Photo ID - Applicant and Co-Applicant (Any one of the following)
  • Residence Proof - Applicant and Co-Applicant (Any one of the following)
  • Academic Documents of Student/div>
  • Proof Of Admission (If available)
  • Last 8 Months Bank Statements of Co-Applicant
  • Income Proof of Co-Applicant
  • Accepted Collateral documents

For Self Employed/Professionals

  • Filled Application form
  • Identity Proof
  • Address Proof
  • Qualification Proof
  • Last 2 years Income Tax Returns
  • Professional/Self employed existence proof for more than 3 years
  • 2 Passport Size color Photographs
  • 6 months Bank Statements
  • Filled Application form
  • 3 Post Dated Cheques/ECS Mandate

Identity Proof

  • Passport
  • Driving License
  • PAN card
  • Photo credit card (with embossed Signature and last two months statement)
  • Banker's sign verification

Age Proof For Doctor Loan

  • PAN Card
  • Passport
  • License
  • School leaving certificate
  • Voter card
  • Birth Certificate
  • LIC policy (only for age Proof

Address Proof For Doctor Loan

  • Passport
  • Telephone bill (BSNL/MTNL)
  • Electricity bill
  • Title deed of property
  • Rental agreement
  • Driving license
  • Election ID car
  • Photo-credit card (with last two month statements)

Job Continuity Proof For Doctor Loan

  • Form 16 (For Individuals)
  • Appointment Letter (for last two months)
  • Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)

Banking History For Axis Bank Doctor Loan

  • Bank statements of latest 2 months
  • 3 months bank passbook

Qualification Proof For Doctor Loan

  • Graduate or Post Graduate qualification certificate
  • IMA (Indian Medical Association) membership number
  • Any other registrations allowed by Indian Government.

Own House Proof For Doctor Loan

  • Sale deed of Property with own name
  • Property Tax receipt with own name
  • Electricity bill with own nam

Doctor Loan Can Be Used For Many Purposes Like Below

For a New Clinic

Buying New Equipment

For starting a new Specialization

Improvise clinical Laboratory

Increase the bed Capacity

Regular Hospital Maintenance

Setting up a new Pharmacy

Renovation of Clinic

Who Are Eligible
Documentation For Doctor Loan
Pros & Cons
Expert Advice
Purpose Of Doctor Loans
Remember For Doctor Loans