Get Loan With Festive Offer:

  20+ Banks

  Assured Approval

  All day Customer Support

  No Fee

Let Us Contact You



GET PERSONAL LOAN QUOTE JUST IN SECONDS COMPARE/ APPLY









Bank Name Interest Rate Change Processing Fee Range Loan Amount Tenure Range Apply Now
ICICI Bank 10.99%*to 13.25%*
Up to 2.25%*
    
 Up to ₹1cr 1-5 Years Apply
Response Time within 15mins
Axis Bank 10.99%* to 18%*
Up to 1.25%*
    
 Up to ₹1cr 1-5 Years Apply
Response Time within 15mins
TATA Capital 11.99%* to 15.00%*
Up to 2.50%
    
 Up to ₹1cr 1-5 years Apply
Response Time within 15mins
STANDARD CHARTERED 11.49%*-13.99%*
    
Up to 2.25%*
    
 Up to ₹1cr 1-5 years Apply
Response Time within 15mins
HDFC BANK 11.49%* to 14.50%*
    
Up to 2.5%*
    
 Up to ₹1cr 1-5 years Apply
Response Time within 15mins
CITI BANK 11.99% to 15.99%
    
up to 2%*  Up to ₹1cr 1-5 years Apply
Response Time within 15mins
Capital first 11.99%*-14.99*
Up to 2.50%
    
 Up to ₹1cr 1-5 years Apply
Response Time within 15mins

What is Doctors Loan:

Loan for doctor is a type of personal loan offered for only who is completed medicine, medical or medicine practitioners. It can be salaried doctors OR Self Employed Professional Doctors. Doctors can take 1 lacks to 1cr as Loan Amount.

Why Doctors Need Loan ?

  • New Hospital or New Clinic
  • Expansion of Clinic or Hospital
  • Buying Hospital Machinery or Equipment
  • Renovation of Clinic or Hospital
  • Starting of New Medical or pharmacy
  • Personal Purpose

Who Can Apply Doctor's Loans?

  • MBBS (Bachelor Of Medicine And Bachelor Of Surgery)
  • MD (Master Of Medicine)
  • BDS (Bachelor Of Dental Surgery)
  • MDS (Master Of Dental Surgery)
  • DGO (Diploma In Gynecology)
  • DO /DOMD (Diploma In Ophthalmology)
  • DM (Doctorate In Medicine)
  • BAMS (Bachelor Of Ayurvedic And Surgery)
  • BPT (Bachelor In Physiotherapy)

What are The Norms for Doctor's loans ?

  • Min Take Home for salaried doctors is 20k
  • Age Norms for Doctors Loan:25-65
  • Min Experience for Doctors is 2 Years
  • Loan amount from 1 lakh up to Max 1 Cr

What Documents Required for Salaried Doctor's Loans?

  • Medicine Degree Certificate
  • Registration Certificate.(KMC or IMA)
  • Id Proof
  • Address Proof
  • Experience Proof
  • Recent 3 Months Pay slips
  • Recent 3 Months Bank Statements

Personal Loan For Self Employed Professional Doctors?

Like Salaried Employee doctors, Banks And financial Institutions Giving Loan for Self Employed Doctors On the Basis of Gross receipts, Hospital or Clinic Income and Annual returns.

Income Norms for Self Employed Doctors loan:

  • Min Income after paying income Tax 2 lack P.A Recent 2 Year
  • Age Norms for Doctors Loan: 25-65
  • Min Experience for Doctors is 2 Years
  • Loan amount for 1 lakh - Max 1 Cr

Documents Required for Self Employed Doctor's and Professionals

  • ID Proof
  • Address Proof
  • Pan Card
  • Clinic Establishment Certificate or Registration Certificate
  • GST Registration Certificate
  • Recent 6 Month Bank Statement up to till date
  • Balance sheet and P and L a/c for last 2 years -Financials shall be audited in case of other then doctors
  • Degree Certificate
  • KMC Registration Certificate
  • Existing loan details

For Consultant Doctors:

  • ID Proof
  • Address Proof
  • Pan Card
  • List of hospitals in which applicant give his consultancy
  • Existing Loan details
  • Form 26AS for last 2 years --including latest ended Financial Year
  • Experience Proof

Frequently Asked Questions

The following list of licensed doctors usually qualify for doctors loans:
  • Doctors of Optometry (OD)
  • Doctors of Osteopathy (DO)
  • Doctors of Ophthalmology (MD)
  • Doctors of Podiatric Medicine (DPM)
  • Doctors of Dental Medicine (DMD) (select markets only)
  • Doctors of Dental Science (DDS) (select markets only)
You must be a citizen or permanent resident to qualify for physician loans. These are requirements that all banks have in place.
All banks require you to be a practicing resident or attending physician to apply for physician loan
Minimum Rs 20,000 is Required For Availing Personal Loan