Who We Are
Professional Doctor Loan Overview
Doctor Loans
Nitstone Finserv is a Non-Banking Finance Company (NBFC) providing financial solutions for different customer segments. Whether you are a business owner, salaried individual, student, or medical professional, Nitstone offers customised loan options to meet your needs. Doctors can apply for professional loans to support their practice. Physicians who own clinics or work in private or government hospitals may be eligible for doctor loans. These loans can help with financial requirements such as purchasing property, managing working capital, or investing in medical equipment.
Benefits & Features
At Nitstone Finserv, we provide doctor loans in Bangalore designed to meet professional and personal financial needs. Here are some key features of our doctor loan: Competitive interest rates, Flexible repayment options, Available for salaried and self-employed doctors, Quick processing, Flexible loan tenors, Approvals subject to eligibility, Option for credit line facility, Withdraw funds as required, Interest applicable only on the amount utilised.
Eligibility & Documents
Eligibility Criteria
- Recognised medical degree (MBBS, BAMS, BHMS, or equivalent).
- Minimum 5 years of professional experience.
- Credit score of 750+ preferred.(700+ above)
- Stable residence or professional address history.
Documents Required for Doctor Loan
- Completed loan application form
- Qualification certificate
- KYC documents (Identity & Address proof, PAN card)
- Last 6 month's salary slips (for salaried doctors) or financial statements (for self-employed doctors)
- Last 6 month's bank statements
- Income Tax Returns for the last 2 years
- Proof of residence or owned property
Note: Loan approval and disbursal are subject to eligibility, verification, and company policies.
Ready to Apply
Apply NowHow to Apply
Step 1
Click Apply Now and submit your details online.
Step 3
On approval, the sanctioned loan amount will be disbursed to your account.
Step 2
A Nitstone Finserv representative will guide you through the documentation process.
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 |
|---|---|
| Rate of Interest | 16-25% per annum |
| Processing fees | 1–2% of the loan amount (deducted at disbursal) |
| EMI bounce charges | Rs.100/- + GST will be charged in the subsequent month for every bounce |
| Foreclosure charges | 2% plus taxes on outstanding principal (post 1 EMI clearance) |
| Part prepayment charges | 2% plus taxes on prepayment amount (if greater than 1 EMI) |