• Any certificate which is government-issued and can count as an address certificate,(Accepted form of documents: Aadhaar Card, Certificate of Residence, Bill of Electricity and Bill of water supplies, among others. They will need to be self-attested as well.
  

• Bank statements going back at least 3 months

• A copy of your caste certificate: Such a document will be especially useful when the prospective beneficiary is a member of a reserved caste group.

• Business Address Certificate which can count as one’s business identity and proof of address. It must also be submitted with a self-attested copy of your license, the registration certificate and/or any other documents pertaining to your business. Such documents will be the proof of the fact that you are indeed the owner of a medical practice venture.

• Copy of an inventory purchase bill, which is only applicable if one is taking a Mudra Loan for Doctors with the intention of expanding their business.

• Find the nearest bank/financial institution which grants Mudra Loan for Doctors: Only a select group of banks and financial institutions are authorised to give a Mudra Loan for Doctors. They must find an authorised bank/financial institution that will grant them the same.

• Fill the application form: They must ask for the Mudra Loan application form and make sure that they fill the form correctly and in the prescribed manner. After completing the form-filling process, all of the necessary documentation will have to be attached and then subsequently submitted to the bank or the lending company.

• Keep track of your Mudra loan Application Status: Post the submission of the Mudra Loan application form, the prospective beneficiary can stay in touch with the officials representing the lender to check the status of their Mudra Loan(s). At the time of applying for the same, they will be assigned unique identification-related credentials that can be used to check the status of their Mudra Loans.

Suppose, for some reason; a medical practitioner cannot avail of a Mudra Loan. In that case, they can always apply for a business loan through Bajaj Markets and use the advantages the portal and its lending partners provide. Some of the highlighting features of a business loan acquired through Bajaj Markets are instant approval, long repayment tenures, competitive interest rates, among others.