Features and Benefits of a Medical Practitioners Scheme
Substantial Funding
Avail up to Rs. 1000 Lakh with a secured term loan.
Affordable Rates
Interest rates ranging from 9.75%* to 11.50%* p.a.
Extended Tenure
Maximum repayment period of 120 months.
Medical Practitioners Scheme Eligibility Criteria
- They should be a registered medical practitioner (MBBS, BDS, etc.).
- They should be an individual, partner, or part of a company, LLP, or trust.
- They should have an Udyam Registration Certificate for MSME classification.
Medical Practitioners Scheme Documents
- Loan Application in bank’s prescribed format
- KYC documents.
- Financial statements.
- Prime & Collateral Security documents.
- Existing Loan account statements along with sanction letter (if applicable).
- Projected cash accruals.
