Apply for Doctor Loan Now!
A doctor loan, also known as a physician loan, is a special financial offering extended to professional doctors and medical practitioners with a self-owned clinics and Government Hospitals. It’s a unique loan aimed at meeting the financial requirements of doctors looking to expand their practices.
A doctor loan works pretty much the same way as most loans. You apply for a loan, submit the documents, the bank checks your credit worthiness and makes a loan offer. If you accept it, the funds are transferred to your bank account, and you can use them any way you like.You must repay the loan in equated monthly instalments (EMI), which will depend on factors such as loan amount, tenure and interest rate.
Any doctor having his own Identity proves i.e. Adhaar Card, Pan Card, Voter Card, Income Proof i.e. Payslip, Salary Statement or Income tax returns, Bank account statement, his Medical Degree(Min. M.B.B.S.) Contact details i.e. Phone, Mail, Photo, Min 5 years of practice, etc can apply for Doctor Loan.
You can get a doctor loan very quickly. It will take Max.3-4 Working Days.
The loan interest is Mi.12% -15% per Year.
It’s a short term product. Loan tenure will be Min.3 Years to Max.7 Years.
Getting a Doctor loan from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Doctor Loan application, then all processes will be completed by our side.