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Loan Scheme for Doctors/ Medical Practitioners

Purpose :

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

Eligibility :

Individual Doctors & Medical Practitioners. Maximum age: 65 years on date of sanction of loan.

Rate of Interest

Loan Amount:

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

Annual Income will be accepted as per Income Tax Return submitted to IT Authority.

Margin :

Nil

Repayment Period:

Maximum 60 months by equal monthly installments. By post dated cheques.

Security :

Primary – Nil,
Collateral - Not mandatory
Personal Guarantee of the Doctors.

Processing Fee

*Subject to change without prior notice.