Get a doctor loan from Bajaj Finance at affordable interest rates starting from just 12% p.a. on Bajaj Markets. You can secure amounts of up to ₹50 Lakhs and repay the loan comfortably over flexible repayment tenures ranging up to 84 months. Furthermore, you can utilise the amount borrowed through this professional loan for doctors to expand your clinic, purchase new equipment, hire more staff, and so on.
Bajaj Finserv Doctor Loan interest rates and charges are as follows:
Interest Rate |
12% - 20% |
Processing Fee |
Up to 4.72% (Inclusive of Taxes) |
Convenience Fee |
Up to ₹4499 |
Cheque Bounce Charges |
₹1500 per bounce |
Penal Interest Rate |
42% p.a. applicable on the outstanding monthly instalment |
Stamp Duty |
As per State laws |
Mandate Rejection Charges |
₹450 |
Broken Period Interest |
Added to First Instalment |
Part Pre-payment Charges |
Up to 4.72% (Inclusive of Taxes) |
Loan Foreclosure Charges |
Up to 4.72% (Inclusive of Taxes) |
AMC |
Flexi Hybrid Loan: Up to 0.295% (Inclusive Taxes) |
Flexi Fee |
Term Loan – Not applicable
Hybrid Flexi Loans – A Fee will be deducted upfront from the loan amount (as applicable below)
*All the Flexi Charges above are inclusive of applicable taxes
*Loan amount includes approved loan amount, insurance premium and VAS Charges |
*Disclaimer: The aforementioned charges are subject to change at the lender’s discretion
Get a loan amount of up to ₹50 Lakhs and fulfil all your professional requirements
Benefit from low interest rates starting from 12% p.a. and save on overall repayment costs
Enjoy expedited approval, verification, and processing to meet your urgent needs with ease
Secure the loan without having to pledge your assets as collateral
Submit your address proof, ID proof, and degree certificate to apply for a doctor loan online
Choose from tenures ranging up to 84 months on the basis of your repayment capacity and financial obligations
Get a loan for doctors with complete transparency and no hidden costs
*Disclaimer:Terms and conditions apply to the above-mentioned benefits.
The Bajaj Finserv Doctor Loan eligibility criteria are as follows:
You must be above 22 years
You must not be above 70 years at the time of loan maturity
You must be a certified medical practitioner with MBBS/ PG Diploma/ BHMS/ BDS/ MS/ BAMS/ MD/ MDS/ DM/ M.Ch/ DHMS/ DNB/ GAMS or other relevant degree/s
You should have 1 to 5 years of work experience based on the degree
You should be an Indian citizen
After meeting the required eligibility terms, you will be required to submit the relevant paperwork for verification. Here are some documents you may be required to furnish when applying for this loan:
1. Identity proof: Any one of the following
Aadhaar card
Passport
Voter ID
Driving licence, etc.
2. Address proof: Any one of the following
Electricity bill
Telephone bill
Rent agreement, etc.
3. Income proof: ITR (income tax return) filing and bank statementsBank statements
4. Educational qualification certificate
5. Passport-size photographs
You can easily apply for this doctor loan online by following these simple steps:
Click on the ‘Apply Now’ button on this page
Enter your basic personal details on the online application form
Choose ‘Bajaj Finance’ from the list of lenders
Enter the loan amount and preferred repayment tenure
Submit the form for verification
Post the review and verification of your loan application, a representative will reach out to you for further proceedings.
Yes, doctors with an MBBS degree can secure this loan, provided they meet the eligibility criteria set by Bajaj Finance.
You should have a CIBIL score of at least 720 to be eligible for a doctor loan from Bajaj Finance.
You can secure amounts of up to ₹50 Lakhs by applying for this loan for doctors on Bajaj Markets. However, please note that the amount offered to you depends on your eligibility for the loan and the lender’s policies.
You can purchase state-of-the-art medical equipment and software or even renovate your nursing home/clinic with the help of this loan. Furthermore, you can use the borrowed amount for working capital requirements and to upskill your staff.