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Business Loan for Doctors

Tailored business loans for doctors to expand clinics, buy equipment, and manage working capital efficiently

Minimum Interest Rate 14% p.a.

Maximum Loan Tenure 96 months

Maximum Loan Amount ₹80 Lakhs

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Instant Business Loan

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As a doctor, you may need financial support to open a clinic, upgrade equipment, or expand your practice. On Bajaj Markets, you can access business loans tailored for medical professionals, making it easier to fund both short-term and long-term goals.

These loans offer amounts of up to ₹80 Lakhs, with repayment periods stretching to 96 months and interest rates starting at 14%. With such flexibility, you can focus on growing your medical practice while managing finances with confidence.

Key Details of a Business Loan for Doctors

Here are the key details of a business loan for doctors to help you understand the costs and terms clearly:

Particulars	Details
Loan Amount Range	From ₹15,000 up to ₹80 Lakhs, depending on eligibility and lender terms
Interest Rates	Competitive rates starting at 14% per annum
Maximum Tenure	Flexible repayment period of up to 96 months
Processing Fee	Up to 6% of the loan amount plus applicable GST
Foreclosure Charges	Up to 7% of the outstanding loan amount plus applicable GST

Disclaimer: The details provided above may vary based on the lender’s policies and are subject to change without prior notice.

Features and Benefits of Business Loans for Doctors

High Loan Amount

Borrow up to ₹80 Lakhs and manage large expenses such as clinic setup, equipment, or expansion with ease.

Instant Approval and Quick Disbursal

Get your loan approved swiftly and receive funds without unnecessary delays.

No Collateral Required

Secure financing without pledging any assets or property.

Minimal Documentation

Submit only basic KYC documents and your medical degree for a smooth application process.

Business Loan for Doctors’ EMI Calculator

Managing a business requires strategic planning and precise financial management. With the business loan EMI calculator on Bajaj Markets, you can quickly estimate your monthly instalments, ensuring they fit in your cash flow.

Your Business Loan EMI

₹ 2,327

Total Interest Amount

₹ 39,610

Principal Amount

₹ 1,00,000

Total Payable Amount

₹ 1,39,610

Loan Amount

Interest Rate

- +

Tenure

- +

Apply Now

You can also make instant comparisons between loan offers from multiple Business Loan providers on Bajaj Markets.

Business Loan for Doctors Interest Rates and Charges

Here are the lending partners on Bajaj Markets along with their loan amounts, interest rates, and processing fees to help you compare options easily:

Available Offerings	Maximum Loan Amount	Starting Interest Rate (p.a.)	Processing Fee
Aditya Birla Capital UDYOG PLUS Business Loan	₹10 Lakhs	22.00%	3% to 4% of the loan amount + GST
Ambit Finvest Business Loan	₹2 Lakhs	20.00%	3% of the loan amount
AYE Finance Business Loan	₹2 Lakhs	29.50%	Up to 2% of the loan amount
Bajaj Finance Business Loan	₹80 Lakhs	14.00%	Up to 4.72% of the loan amount (inclusive of taxes)
Credit Saison Business Loan	₹10 Lakhs	22.00%	Up to 4.72% (inclusive of taxes)
FlexiLoans Business Loan	₹50 Lakhs	18.00% (reducing balance)	Up to 2.5% of the loan amount
IIFL Finance Business Loan	₹30 Lakhs	16.50%	Up to 2.5% of the loan amount
InCred Business Loan	₹3 Lakhs	24.00%	2% to 5% of the loan amount
Indifi Business Loan	₹30 Lakhs	22.00%	Up to 3% of the loan amount + GST
KreditBee Business Loan	₹30 Lakhs	18.00%	3% to 4.25% of the loan amount
L&T Financial Services Business Loan	₹75 Lakhs	15.50%	Up to 2% of the loan amount + GST
Lendingkart Business Loan	₹35 Lakhs	19.20%	Up to 3% of the loan amount + GST
Protium Business Loan	₹35 Lakhs	20.50%	1% to 6% of the loan amount
UGRO Capital Business Loan	₹50 Lakhs	24.00%	Nil
Godrej Capital Business Loan	₹50 Lakhs	16.00%	Up to 3% of the loan amount

Disclaimer: The loan amounts, interest rates, and processing fees mentioned above are indicative and may vary based on the lender’s policies, borrower’s profile, and market conditions. Please verify the latest terms and charges with the respective lender before applying.

Eligibility Criteria for a Business Loan for Doctors

Here are the eligibility criteria you must meet to qualify for a business loan for doctors:

Must be a citizen of India
Must be a self-employed doctor
Age should be between 21 and 60 years

Work Experience Criteria (Based on Specialisation)

Here are the work experience criteria based on your medical specialisation that you must meet to qualify for a business loan for doctors:

Type of Doctor	Work Experience Required
Super-specialist doctors (DM/MD/MS)	No minimum experience required
MBBS graduates	At least 2 years of work experience after graduation
Dentists (MDS/BDS)	At least 5 years of work experience after graduation
Homoeopathic and Ayurvedic doctors (BAMS/BHMS)	At least 6 years of work experience plus a clinic or owned space
Homoeopathic doctors (DHMS)	At least 15 years of work experience plus a clinic or owned space

Note: Eligibility requirements may differ from one lender to another, so always check specific terms before applying to improve your chances of approval.

Documents Required for a Business Loan for Doctors

Lenders require certain documents to verify your details before approving a loan. While the exact requirements may vary across lenders, here are the commonly requested documents:

Identity Proof	Address Proof	Proof of Income	Qualification Proof
Aadhaar Card	Aadhaar Card	Income Tax Return certificate	Valid medical degree authorising practice in India
Voter ID	Passport	-	-
PAN Card	Voter ID	-	-
Passport	Driving Licence	-	-
-	Utility Bills	-	-
-	Rent Agreement	-	-

How to Apply for a Business Loan for Doctors

Here are the simple steps to apply for a business loan for doctors, making the process quick, hassle-free, and entirely digital:

Click on ‘Apply for Loan’ on this page
Fill in your personal, professional, and practice-related details in the application form
Choose your preferred loan provider from the available options
Enter the loan amount you wish to borrow along with the repayment tenure that suits you
Review the information carefully and submit your application online
Once approved, the lender will disburse the sanctioned amount directly to your bank account

Uses of a Business Loan for Doctors

Here are the most practical ways you can use a business loan to strengthen your medical practice and improve patient care:

Clinic Expansion

Open new branches or expand your existing clinic to serve more patients across different locations.

Medical Equipment Purchase

Invest in advanced diagnostic and treatment equipment to deliver better healthcare services.

Clinic Renovation

Upgrade your clinic with modern interiors and facilities to create a patient-friendly environment.

Working Capital Support

Cover daily expenses like staff salaries, utility bills, and medical supplies to maintain smooth operations.

Hiring Skilled Staff

Recruit qualified doctors, nurses, and administrative staff to improve efficiency and patient experience.

Marketing and Branding

Promote your services through digital and offline campaigns to attract more patients and build trust.

Impact of Pre- and Post-Approval of a Business Loan on Your CIBIL Score

Here are the ways a business loan application and repayment can affect your CIBIL score:

A lender runs a hard enquiry on your credit profile during application, which may slightly reduce your CIBIL score
Multiple loan applications within a short period can further lower your score by signalling higher credit risk
Timely repayment of EMIs improves your CIBIL score by showing responsible credit behaviour
Missed or delayed payments negatively impact your score and reduce future loan eligibility
Maintaining a balanced credit mix of secured and unsecured loans helps improve your overall credit profile
Prepaying your loan in full can reflect positively, but frequent foreclosures may be seen as instability by some lenders

Things to Consider Before and After Taking a Business Loan for Doctors

Here are the key factors you should keep in mind before applying for a loan and after receiving the funds:

Before Taking the Loan

Decide the exact loan amount you need based on your practice requirements and goals
Compare interest rates across lenders to secure the most cost-effective option
Choose a repayment tenure and EMI that comfortably fits within your monthly budget
Keep all required documents, such as KYC, income proofs, and medical qualifications, ready for faster approval
Check your CIBIL score in advance, as it directly affects both eligibility and interest rates
Select a lender with a strong reputation and reliable customer service

After Taking the Loan

Track your cash flow carefully to ensure every EMI is paid on time
Use the funds strictly for planned purposes to achieve the best results
Adjust your monthly budget to accommodate loan repayments without financial stress
Regularly review your financial position and make course corrections if required

Other Loans Available for Medical Professionals

Professional Loan For Doctors	Personal Loan For Doctors	Home Loan For Doctors
Medical Equipment Loan

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Other Tailored Business Loan Options

Business Loan for Disabled Person	Business Loan for CA	Business Loan for Self Employed
Business Loan for Minority	Business Loan for Traders	Business Loan for Women
Business Loan for Manufacturers	Entrepreneur Loan	.

Frequently Asked Questions

Can a doctor take a Mudra loan?

Yes, doctors can take a Mudra loan if they run small clinics or need funds for medical practice expansion. The Pradhan Mantri Mudra Yojana offers up to ₹10 Lakhs without collateral, making it suitable for doctors seeking affordable financing for equipment, clinic setup, or working capital.

Who can avail of medical practice loans?

Medical practice loans are available to qualified doctors, including MBBS, MD, MS, BDS, MDS, and super-specialists. Lenders usually require proof of qualification, a valid medical licence, and relevant work experience. These loans help doctors finance clinics, equipment, and working capital while ensuring they meet specific eligibility criteria.

What is the maximum business loan amount a doctor can get?

Doctors can get a business loan of up to ₹80 Lakhs on Bajaj Markets, depending on their profile, credit score, and income. The maximum amount varies across lenders and specialisations, with super-specialists often eligible for higher limits. This flexibility helps doctors finance both large and small practice needs.

Can homeopathic or ayurvedic doctors apply for a business loan?

Yes, homeopathic and ayurvedic doctors can apply for a business loan if they hold valid degrees like BAMS or BHMS and have relevant work experience. Most lenders also require proof of a clinic or owned practice space. Meeting these conditions improves approval chances for medical professionals in alternative medicine.

Are there any tax benefits on a business loan for doctors?

Business loans for doctors do not provide tax benefits on the principal amount. However, the interest paid on such loans may be claimed as a business expense under the Income Tax Act, reducing taxable income. Doctors should consult a tax advisor for personalised guidance on applicable deductions.

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Business Loan for Doctors

Key Details of a Business Loan for Doctors

Features and Benefits of Business Loans for Doctors

High Loan Amount

Instant Approval and Quick Disbursal

No Collateral Required

Minimal Documentation

Flexible Tenure

Competitive Interest Rates

Business Loan for Doctors’ EMI Calculator

₹ 39,610

₹ 1,00,000

₹ 1,39,610

Business Loan for Doctors Interest Rates and Charges

Eligibility Criteria for a Business Loan for Doctors

Work Experience Criteria (Based on Specialisation)

Documents Required for a Business Loan for Doctors

How to Apply for a Business Loan for Doctors

Uses of a Business Loan for Doctors

Clinic Expansion

Medical Equipment Purchase

Clinic Renovation

Working Capital Support

Hiring Skilled Staff

Marketing and Branding

Impact of Pre- and Post-Approval of a Business Loan on Your CIBIL Score

Things to Consider Before and After Taking a Business Loan for Doctors

Before Taking the Loan

After Taking the Loan

Other Loans Available for Medical Professionals

Disclaimer

Other Tailored Business Loan Options

Frequently Asked Questions

Can a doctor take a Mudra loan?

Who can avail of medical practice loans?

What is the maximum business loan amount a doctor can get?

Can homeopathic or ayurvedic doctors apply for a business loan?

Are there any tax benefits on a business loan for doctors?

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