Professional Loans for Doctors

Like white-collar workers, medical professionals or doctors need adequate loans to stay up-to-date on the latest health services and treatments. At various points in a physician’s career, the money might be used to build their medical practice, set up a clinic, buy expensive medical equipment, or rent hospital space.

Terkar Capital is aware of this and provides doctors with or without collateral loans to assist them in achieving their financial objectives. Our doctor loans are designed to be adaptable and affordable. They also provide several appealing benefits, such as quick disbursement, a customisable repayment period, and no foreclosure fees.

Key Features of Doctors Loan

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Funding amount starting from 25 Lacs to 15 Cr

interest rate

Doctors loan interest rate start at 10.5% PA

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Fast Turn Around Time

Execution

End-to-end Execution

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Smooth Processing

Benefits of Doctor's loans

  1. Purchase office equipment Consolidating your high-interest debts
  2. Adopting the most recent medical technologies
  3. Expanding or improving your current clinic
  4. Expand clinic services and hire qualified staff

Doctors Loan Eligibility

  1. The applicant should possess a recognized medical degree such as MBBS, MD, MS, or equivalent.
  2. May require professional experience often ranging from 3 to 5 years in medical practice.
  3. An age range of 25 to 65 years A good credit history and score is essential.
  4. The doctor should be registered with the respective medical council in India.

Let’s schedule a brief call to discuss Professional Loans!!

Documents Required for Doctors Loan

Securing a doctor’s loan depends on submitting the necessary documents. The success and duration of the loan application process are directly affected by the availability and accuracy of the required documents.

  1. The highest professional degree confirms qualification.
  2. MCI Registration Proof
  3. KYC Proof: Aadhaar, Passport, Voter ID, Driver’s license, and PAN cards 
  4. Address Proof: Aadhaar, Passport, Voter ID, or a Driver’s license
  5. A six-month bank statement.
  6. CA certified/audited ITR and financial statements for the past 2 years. Proof of continued operation (ITR, trade license, establishment certificate, sales tax certificate).
  7. Additional Required Documents, such as the Sole Proprietary Declaration Certified Copies of the Partnership Agreement
  8. Director-certified original copy of MOA, AOA, and Board Resolution.

Doctors Loan at Terkar Capital

Terkar Capital understands the specific financial requirements of doctors and offers flexible and affordable doctors loans to open or set up clinics, hospital expansion, increase bed capacity, purchase medical equipment and meet other expenses.

Our working capital loans for doctors are designed to be versatile, providing benefits such as rapid disbursement, a tailored repayment period, and no foreclosure fees. Doctors can use their property as collateral to obtain unsecured business loans with us, which can help them achieve their financial goals.

How Do We Execute?

Check your CIBIL score for free.

Client Feedback

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FAQs on Doctors Loan

Indeed, banks take into account your CIBIL report and repayment history when deciding how much money to lend you.

The charges for prepayment of a doctor’s loan vary depending on the lender, the type of loan (secured or unsecured), and the terms agreed upon in the loan agreement.

Yes, by mortgaging their property, doctors can profit from this financing opportunity. Depending on the mortgaged property, a loan amount of up to 5 cr may be offered.

Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

Growing Nationwide…

Terkar Capital

In Association with:

MSME Global Mart | MCCIA

© Terkar Capital 2024

CIN – U70200PN2023PTC224016

All formal communication from Terkar Capital will be conducted exclusively through our designated official emails. Do not respond to fraudulent calls or emails claiming to be from Terkar Capital. Contact us using the official coordinates!!

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