Reviewed on Apr 30, 2016
Interest Rate starts from
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.
Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in Mumbai, Maharashtra. Kotak Mahindra group, established in 1985 by Uday Kotak, is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking licence from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to be converted into a bank – Kotak Mahindra Bank Limited (KMBL)
Best Bank in 2014 by Business India
Most Imminent Bank 2014 by Outlook Money
Gold Award for Best Innovation - World's first socially powered bank account
Gold Award for Best App developed - World's first banking application using Twitter
Best Prepaid Card Programme' at Financial Inclusion & Payments System (FIPS) 2014 for Kotak Samruddhi
Best Local Cash Management Bank in India (6th year in a row) in the Asiamoney Cash Management Poll 2014
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
Following are eligible for Doctor Loans:
MBBS, BDS Graduate Doctors - Minimum 5 years of experience (Post qualification)
MD, DM, MS, MCH, MDS Post Graduate Doctors having Minimum 4 years of Experience (Post qualification)
Individual doctors employed with reputed Government or Private Hospitals in India
Self employed doctors who own a hospital, a nursing home, a Clinic in India.
Consulting doctors with leading hospitals in metro cities in India.
Hospitals in form of Proprietorship/Partnership and Private Limited companies
Rate of Interest will be based on bank/financial Institutions internal policies and terms. Generally Bank account conduct, reputation of the entity, repayment capability, credit history, Promoters Back ground and other credit related factors which can be evolved for Doctor Loans.
Limit: Doctor Loans can be availed from Rs. 5 Lakhs to Rs. 75.0 Lakhs
Age: Minimum of 26 years and Maximum of 60 year on maturity of the Loan amount.
Tenure: 12 - 48 months
As a experienced individual doctor, you need to avail a doctor loan funds so as to open a clinic and begin practicing. There are certain eligibility situations that need to be noted while avail the Doctor Loans.
Doctor loans can be avail for the following reason from the Banks and Financial Institutions.
Discuss and Draft your Loan Requirements
Get your Personalized and Customized Quote
Solve Queries with your Own Relationship Manager
Enjoy our Pro Support until your Loan Closure