Doctor loans are available for professional doctors to help them fulfill their dream to set up their own medical clinic or hospital. You should consider this loan if,

Professional Loans to Doctors are collateral-free and help doctors to facilitate the needs such as expansion of business, upgrade equipment, set-up/upgrade clinic and much more. This facility comes with the advantages of a speedy disbursal process, flexible repayment schedules and competitive interest rates. This exclusive doctor loan is designed for medical professionals who require instant access to finance.

The loan is available for following purposes:

Benefits of Doctor Loan

  1. No requirement of guarantors or collateral
  2. Fast turnaround with loan approval in as quick as a few hours
  3. Low interest rates compared to rates offered to other self-employed professionals
  4. Loan tenure can be as long as 5 years
  5. Option of fixed and floating interest rate
  6. Flexible repayment tenure options available
  7. Minimum documentation with approval based on basic KYC, quick background checks, CIBIL score and income proofs

Eligibility Criteria

Individuals/Partnerships/ Corporate/Trusts (with powers to borrow)

Promoters should be registered practitioners and should possess minimum qualification to practice in allopathic discipline such as MBBS, BDS, etc.

Documents Required

No need to go document-hunting! Simply upload the digital versions of these documents at the time of application:

  1. KYC (Individual & Business)
  2. IMA registration certificate
  3. Bank account statements for the last 6 months where consulting and medical practice incomes are credited. All the active loan EMIs need to be reflected in the bank statements
  4. ITR and statement of computation of income for the last 2 years. It should be accompanied with latest tax audit report, if applicable
  5. Form 16A for the last 2 years (in case of consultant doctors)
  6. Sanction letters for active working capital loans/lines and repayment schedules for other active loans

Eligible Degrees

The following set of degrees are required to apply for loan for doctors

Where to get Loan for Doctors?

FundsTiger is a popular online loan platform. Our consumers come to us for their money requirements, whether they are short-term or long-term, small-ticket or large-ticket, personal, family, or business. FundsTiger team brings a wealth of international financial knowledge to the table and tailors it to your specific needs. Money advice, credit advice, wealth planning, and, of course, credit are all available to our clients.

Faster Funding – We are over 80% faster than most traditional banks and lenders

Total Focus on Your Wins – We leverage our technology and business expertise for your financial success.

Customized Loans – We can structure and customize loans for your unique needs

Customer needs in Forefront – Your needs are our priority. We promise to deliver you with services that are best on our capabilities. By handpicking the personal loan offers based on customer profile, we try to give you the most personalised experience.

Support you can rely upon – Monitor your loans 24/7 and reach out to a super-responsive support service

Relationships, not Borrowers – We believe in building relationships, not just lending to borrowers.

More Value for Money – We offer the best value for money loans when compared to all our competitors

Real-time Customer Support – Our customer support team is fast and efficient to clear all your doubts regarding personal loan eligibility, procedures, offers, documentation and repayment options. We even contact with the respective lender on behalf of you.Cutomised Tailor Options – Depending on your demands, we may provide quick financing of varying quantities at affordable interest rates.

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