✔️Is CIBIL Score important for availing loan for doctors?

Yes, CIBIL Score is a necessary factor while availing the loan as it reflects the doctor’s creditworthiness.

✔️Do you offer pre-approved loans for doctors?

Yes, you can avail of pre-approved Doctor Loan to fulfill your medical requirements.

✔️How do I repay my loan for doctors?

You can repay your loan in the form of EMIs over the repayment tenure.

✔️Do you provide offers for specialized loans for doctors?

Basis your credit profile, income, you can get offers on Doctor Loan.

✔️What are the charges of availing loans for doctors?

The charges while availing a Doctor Loan include processing fees, foreclosure charges, bounce charges etc.

✔️What are the degrees required to apply for Doctor Loan?

Degrees such as MBBS, BAMS, BHMS, or other higher professional degree will be required to apply for a Doctor Loan.

✔️Why choose Bajaj MARKETS?

Choose Bajaj MARKETS, for availing a Doctor Loan as the application process is completely online. No hassles of paperwork or agents. Also, there are a variety of exclusive loan products from which you can select based on your requirement.

Apply For Doctor Loan

Our Lending Partners

Bajaj Finance Limited
Fibe
L&T Financial Services

Doctor Loan Online

Doctor Loan is an unsecured loan, which is availed by doctors and medical professionals in case of financial emergencies. You need not pledge any collateral/security, since it’s an unsecured loan. Be it starting your own clinic, buying new surgical equipment or hiring new staff, a Doctor Loan will always help you fulfill your requirements.

Requirement for Online Doctor Loan Application

Eligibility Criteria :

To apply for a Doctor Loan, you need to fulfill the following eligibility criteria:

You must be an Indian citizen.
You must be a certified practicing doctor.
You must be between 26-65 years of age.

Documents Required :

Address Proof- Aadhaar Card/Passport/Driving License
Identity Proof- PAN Card/Voter ID Card
Qualification Degree

Doctor Loan Application Process

With the help of the Doctor Loan, you can expand your services to new neighborhoods, upgrade your clinic and skill set as well. And, the process for applying for a Doctor Loan online at Bajaj Markets is really simple. Know how you can apply.

Step 1 :
: First, enter your necessary details such as your name, mobile number, date of birth, occupation type, current city.
Step 2 :
Now, as per your requirement, choose the loan amount and repayment tenure.
Step 3 :
Once you get an instant approval on your loan, you will receive the money in your account in 24 hours.

Doctor Loan Verification process

Following are the steps involved in the Doctor Loan verification process:

Step 1 :
Post the processing, you must schedule a meeting, wherein the executive will collect your necessary documents, required for further verification.
Step 2 :
Once the documents have been collected and successfully verified, you will receive your loan in just 24 hours.

Features & Benefits

Partner Name

Key Feature

Key Feature Description
Bajaj Finance Limited

Interest Rate

11% - 22% p.a.
Bajaj Finance Limited

Associated Charges

Processing Fees: Up to 2.95% Inc taxes.
Foreclosure Charges: Up to 4.72% Inc taxes.
Bajaj Finance Limited

Repayment tenure

12-96 months.
Bajaj Finance Limited

Eligibility Criteria
1. The applicant must be the citizen of India.
2. He must be a self-employed individual.
3. The applicant’s age must be between 25 and 65 years.
Bajaj Finance Limited

Documents Required
1. Identity Proof: PAN/Voter ID
2. Address Proof : Aadhaar Card/Driving License/Passport
3. Qualification Degree
Bajaj Finance Limited

Disbursal Time

24 hours
Fibe

Interest Rate

16% p.a. onwards
Fibe

Associated Charges

Processing Fee: Up to 3%

Part - Prepayment Charges: Nil

Foreclosure Charges: Nil
Fibe

Repayment tenure

Up to 3 years
Fibe

Eligibility Criteria
1. The applicant should have a valid registration with the National Medical Commission (NMC)
2. The applicant should fall under the age bracket of 21 to 55 years
3. The applicant must have an income of at least ₹30,000 per month
4. The applicant should reside and practice in a location where Fibe provides its services
5. The applicant must not have more than 30 DPDs and an overdue amount of over ₹5,000, in the last 6 months.
Fibe

Documents Required
1. Aadhaar Card
2. PAN Card
3. Selfie
Fibe

Disbursal Time

Within 10 minutes
L&T Financial Services

Interest Rate

11.50% p.a. to 15.50% p.a.
L&T Financial Services

Associated Charges
Processing Fee: 1.50% + GST

Foreclosure Charges:
1. 10%* + GST - if closed before 6 months
2. 5%* + GST - if closed after 6 months
L&T Financial Services

Repayment tenure

Up to 60 months
L&T Financial Services

Eligibility Criteria
1. The applicant must be a self-employed doctor, chartered accountant (CA), or a company secretary (CS)
2. The applicant should fall within the age bracket of 24 to 65 years
L&T Financial Services

Documents Required
1. KYC of borrower/co-borrower
2. Degree or Qualification Proof
3. Ownership Proof
L&T Financial Services

Disbursal Time

3-4 days on an average