Home Finance
Secured Loan
Get The Latest Updates
2 min read
800Views
50People Reading right now
SHARE
What Is a Doctor Loan?
How to Apply For a Loan for a Doctor?
Documents Required For Doctors Loan
The Doctor Loan Eligibility Criteria
Top Three Features and Benefits of Doctors Loan
Doctors in India are entitled to avail of loans specially designed to fulfill their financial requirements. This article will serve as a guide for a doctors’ loan. First, let’s take a look at:
It is a special loan for doctors employed in a private or government establishments. It can also be availed of by those employed as consultants. A loan against property for doctors is a secured type of loan to satisfy the financial needs of doctors who are looking to expand their operations.
Loans for doctors are granted on aspects like experience, qualification, annual income, and profit incurred. Once a doctor meets the parameters, they can apply for loans for doctors in India via channels like SMS, phone calls, or by physically visiting the branch. The easiest way, however, is to apply online. Once the application form is submitted, the representatives from the lending institutions then get in touch with the borrower and help complete the process.
The documents required to apply for a doctors’ loan are as follows:
Most lending institutions specifically ask for:
Some of the essential factors a doctor must keep in mind when applying for a loan are as follows:
Doctors loan eligibility is easy to meet. The doctor loan eligibility criteria are as follows:
A doctor can avail of Rs.5 crore of more for their financial needs.
The doctors' loan online application process requires minimal documentation. It usually takes 24 hours* to get approval. This helps save time and meets urgent expense requirements on priority.
A doctor can withdraw the entire loan amount in parts per their convenience. They can pay their EMI and part-prepay during the loan tenor.
Loans for doctors in India offer other benefits like pre-approved medical equipment loan, doctors' loan for clinic. Besides, they can access property search services, online account management facilities, and other exciting pre-approved offers.
If a doctor is an ideal match for a doctors’ loan, they may be able to get a higher loan amount sanctioned. Hence, it is essential to be thorough with the eligibility criteria before applying for a loan.
insight
INSIGHT
Awesome! Please let us know why?
Awesome! Please let us know why? aaaaaaaaa
Appeals to my lifestyle
Taught me something new
Awesome! Please let us know why? bbbbbb
Awesome! Please let us know why? hhhhhhhh
Awesome! Please let us know why? cccccccc
Awesome! Please let us know why? tttttt
NEXT UP
Share
Tweet
This is a 2-minute read.
50 people have shared this article.