Physician Loans: Physician Mortgage Loans, Physician Loan Program for Doctors

At Bajaj Finserv, Physician Loans (Doctor Loan) covers funds for all your needs from marriage to foreign vacations and children’s education. Getting a doctor loan is easy with online application procedure which does not need you to go anywhere. Its hassle free and once approved, the money gets transferred to your account instantly. Without much ado, let’s first see what a doctor loan is.

Doctor Loan is sometimes referred to as Physician Loan. Professional doctors who have their own clinic or work in the government or private clinic/hospital or consultants are eligible for this loan. A doctor loan serves the financial requirements of a doctor.

What Benefits do Physician Loans bring along

    1. These loans serve as a help to the medical practitioner for their personal and professional requirements.
    2. Unlike other general roles, this loan is given out on the basis of your medical qualifications and experience so the loan amount is higher with minimal documentation, doorstep services, faster approval and disbursal.
    3. At Bajaj Finserv, there are four suits custom made for the requirements of a medical professional:

● Personal loan for doctors
● Business loan for doctors
● Home loan for doctors
● Loan against property for doctors

Bajaj Finserv has the lowest doctor loan interest rate in India with loan tenure up to 60 months. Only the charges like security fee, processing fee and EMI bounce charges are applicable.

What are the Benefits of Physician Loan Program for Doctors

The business loan for doctors serves to requirement of purchase of medical equipment and practice related expenses. It helps a doctor to renovate or expand their clinic as well. When it comes to buying new technologically advanced medical equipment, the expense is a huge amount and that’s where a loan helps. Apply for Bajaj Finserv doctor loan worth Rs. 35 lakh.

What are the Advantages of a Physician Home Loans?

This loan is specially lent to doctors who are planning to buy a new house. Bajaj Finserv offers a loan up to Rs. 2 crore to doctors as home loan. You can also transfer the amount to your existing home loan at a lower interest rate. The loan also offers benefits like property search and dossier. Doorstep document pickup and customised insurance schemes are added advantages that come with this loan.

Is Physician Mortgage Loans is Good for Doctors?

Big expenditures of marriage, foreign vacations, children’s education and emergency expenses are covered by a personal loan for doctors. Bajaj Finserv offers a loan of worth Rs. 35 lakh to doctors eligible for it. The amount is disbursed to your account within 24 hours from approval.

What is a Physician Mortgage Loans?

A Physician Mortgage Loan amount is given to a qualified doctor against their property. This can be used to renovate their clinic or home, to fund child’s oversea education or other expensive practice related functions or any expensive purchase. A loan amount of Rs.2 crore is given out at Bajaj Finserv to eligible doctors. Documents are collected from the doorstep and within 24 hours the amount is credited to the bank account.

So with a physician loan one can reach the top of their profession or carry out their targets with ease. A few steps to follow and the loan are approved in a day. A few documents like income proof, address proof, identity proof and qualification certificate is required. There is no need of a guarantor in this type of loan.

The documents that need to submitted for Physician Loans in India

  • Pay slips, form 16 or bank statement.
  • Aadhar card, passport or driving licence.
  • Utility bill or passport for address proof.
  • Certificate of graduation or post-graduation in medicine.

The application process can be completed online by filling up the application form. But before that you must research and compare all loan schemes available in the market. Check for customer reviews and calculate the amount required. Choose your repayment tenure smartly and wisely. It is custom friendly so there shouldn’t be much a problem. Once the loan is approved, the amount is transferred instantly to your account. So give wings to your dreams with Bajaj Finserv Physician Loans. Get started today.

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