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Allahabad Bank Personal Loan Scheme for Doctors/ Medical Practitioners
  

Target Group:

  • Individual Doctors & Medical Practitioners.

Purpose:

  • Any personal purpose including purposes for meeting expenses of professional requirement.

Quatum of Loan:

  • Amount equivalent to annual income or Rs. 5.00 lacs, whichever is less.

Maxmium Age:

  • 65 years on date of sanction of loan.

Margin:

  • Nil

Click here for Rate of interest

Click here for Processing Fees, Prepayment Penalty, Documentation Charges, Mortgage and other charges

Security:

i)

Primary - NIL

ii)

Collateral - Not mandatory

iii)

Personal Gurantee of the Doctors

Repayment Period:

  • Maximum 60 months in equal monthly instalments.

Mode of Repayment:

  • By Post Dated Cheques 

   
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