Personal Loan for Doctors

When in need of immediate finance, taking a Doctor Loan online is faster, secure, hassle-free and transparent. It will save you a lot of time and effort.

Our online process enables you to avail a loan right from your home. No bank/branch visits or middlemen involved! To add to this, we offer easy loans that are super secure and also provide you with an exhaustive list of products to meet your financial requirements.

No, we do not ask customers for collateral or guarantors when offering loans.

Currently, we operate online only and promise a smooth loan application process that includes quick approval and cash disbursal.

Yes, it is! As a matter of fact, all personal/financial information shared by customers is encrypted and safeguarded by the best in class security systems. Also, we never share your information with any third party or marketing agency, without your consent.

You can apply for a salaried doctor loan if you meet the following eligibility criteria - 1. You must be a salaried employee (doctor) 2. You must between 25-60 years of age.

This depends on the loan amount, repayment tenure, interest rates and other such charges. Visit our EMI Calculator page to know more about this.

Unfortunately, we do not offer doctor loans for NRI’s.

You can avail of a Doctor Loan for a tenure ranging from 1 year to 5 years (with annual renewal option for quick interest servicing loan).

With Hybrid Flexi Personal loan for salaried doctors, there is no minimum limit on prepayment amount. However, with Term Loans, there is minimum limit when it comes to part payment and this amounts to one EMI.

Post payment of your first Term Loan EMI, you can make a part payment.

For a salaried doctor Hybrid Flexi Personal Loan, there is no limit on part payments. However, for Term Loans, there is a cap of 6-part payments that you can do in a year.

Post payment of your first EMI, you can foreclose your loan.

Any part payments made by you get adjusted to the principal loan amount. This in turn lowers your interest rate for Hybrid Flexi Personal loans. Coming to Term Loans, you are given the choice of keeping the same EMI and reducing the loan tenure or sticking to the same tenure while increasing the EMI.

Unfortunately, this withdrawal is not available for Term Loan.

You can save on interest payments even though the base rate is marginally higher than a Term Loan. The innovative customer friendly features that come with Hybrid Flexi allows you flexibility and control on your loan repayment which can help you minimize the interest you pay. In case of any fund requirements you can always withdraw from the part payments with funds instantly credited to your bank account.

You provide us with the digital copies of all your documents. Usually, for a small personal loan/line you would need to provide proof of identity, proof of current address, proof of qualification, SPDC and a cancelled cheque.

You can visit our eligibility calculator page for a quick check on your eligibility for a personal loan for doctors.

We fetch your last 1 month bank statement directly from your bank thus saving you the trouble of uploading the documents.

We are present in 35 major cities in India. You can avail of a loan of up to Rs.25 lakh subject to your eligibility.

You can schedule your EMI payment date as the 2nd or 5th of every month. You may change your EMI dates after paying a nominal fee.

You can change your tenure by making part payments.

2% of the loan amount is charged as Processing Fee. This fee is deducted from the loan amount.

There are no part-payment charges on Hybrid Flexi Loans. Term Loans come with a 2% part-payment fee.

We charge you 4% of the outstanding principal as foreclosure charges.

0.25% on loan amount is charged as maintenance fees for Hybrid Flexi loans.

No. We commit 100% transparency to you. There are no hidden charges at all.

We charge Rs. 1,000 per bounce for your Personal Loan repayments.

We charge 2% per month on overdue amount.

It is advised that you maintain sufficient funds in your account for clearing loan EMIs regularly. However, in case of an EMI bounce we would be charging bounce charges of Rs. 1,000 per bounce. You could also attract penal charges on further delay in paying the EMI which can impact your credit/CIBIL score.

The foreclosure letter can be downloaded by logging in to our Customer Portal.

Login to our Customer Portal and go to make part-payment

Login to our Customer Portal and go to foreclose your loan.

Your EMIs will be auto deducted from your bank account via automatic ECS instruction.

Log in to our Customer Portal and select the additional withdrawals tab.

The loan amount will be credited directly to your bank account.

ECS is an electronic mode of funds transfer from one bank account to another. You need to inform your bank and provide a mandate that authorizes the institution, who can then debit or credit the payments through the bank. The mandate contains details of your bank branch and account particulars.

Login to our Customer Portal to track the status of your application.

You can pay your overdue EMIs online through the Customer Portal. This facility is offered to customers who have Net Banking activated for their bank account.

The part-payment or withdrawal will reflect in your statement within 30 minutes.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal. Alternatively, your statement of account will be forwarded to your registered email ID every month.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal. Alternatively, your statement of account will be forwarded to your registered email ID every month.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal.

Scanned copies of your loan documents are available on the Customer Portal.