Professional Doctor Loan Overview
Doctor Loans
Nitstone Finserv is a renowned Non-Banking Finance Company (NBFC) delivering top-notch financial solutions to clients from different sectors. Whether you are a businessman, salaried person, student or a medical professional, the company has customised plans for everyone. Nitstone also offers the best doctor loans. Physicians can avail doctor loans to expand their area of operation. Doctors who own clinics or work in private or government hospitals and clinics are eligible for a professional loan for doctors. The personal loan can be used to meet varied financial requirements ranging from buying a new property to increasing working capital and buying necessary equipment.
Benefits & Features
At Nitstone Finserv, we offer comprehensive plans for doctor loans in Bangalore to ease your financial burdens. Let’s now take a look at the most attractive features of a professional loan for doctors. • Attractive and affordable interest rates • Lower EMIs • Available for salaried as well as self-employed doctors • Minimum processing time • Flexible tenors • Easy Approvals • No additional charges • Offers a ready line of credit • Any time withdrawals • Interest only on withdrawn amount
Eligibility & Documents
Eligibility Criteria
In order to get approval for a professional loan for doctors, you must hold MBBS, BAMS, BHMS or any other recognised physician’s degree. Besides, you must have resided at the present address for 3 to 5 years to be eligible for the loan. Let’s take a look at some other factors that determine eligibility.
- Credit score of 750 and above
- Require a working fixed line phone connection or post-paid mobile connection
- More than 5 years’ experience
Documents Required for Doctor Loan
Doctor loans in Bangalore can be easily availed from Nitstone Finserv when you submit the following documents.
- Duly filled loan application form
- Qualification certificate
- Residential address proof
- Salary slip for the last 6 months for salaried individuals
- Identity proof
- PAN card
- Bank statement for the last 6 months
- Income tax return file for last 2 years
Depending on the nature of a loan, other documents may also be necessary. Our team will guide you accordingly as and when required.
Nitstone Finserv is one of the top finance companies in India and you can rest assured about the best service. Our services can be easily availed online, without any hassle of visiting our office. Submit the online form and our representative will soon get in touch with you to offer the most desirable financial plans. Our team is dedicated towards maximum customer satisfaction and therefore, takes special care and attention to devise customised plans for every client.
Ready to Apply
Apply NowHow to Apply
Step 1
Click on Apply to go to our online form. Fill in detail and submit the form.
Step 2
Get an instant approval. Select your required loan amount and tenure.
Step 3
Our representative will get in touch to collect your documents.
Step 4
Amount will be credited to your account.
Fees & Charges
Fees & Charges
With a loan tenor of up to 60 months and low rate of interest in India, the minimal fees and charges applicable are:
| Types of fees | Charges applicable |
|---|---|
| Processing fees | 1-2% of the loan amount will be deducted at the time of disbursal of the approved loan amount. |
| Secure fee | A convenience fee of Rs.1,999/- is applicable for online professional loans |
| EMI bounce charges | Rs.1,000/- will be charged in the subsequent month for every bounce |
| Foreclosure charges | 1% plus applicable taxes on principal outstanding |
| Part prepayment charges | 1% plus applicable taxes on principal outstanding |