• OVERVIEW

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

    14% - 17% p.a.

  • Bajaj Finance Limited

    Associated Charges

    Processing Fees: Up to 2% of the loan amount Foreclosure Charges: 4% of the outstanding loan amount + Applicable taxes

  • Bajaj Finance Limited

    Repayment tenure

    12-60 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