Looking for a customized loan as a medical professional? Bandhan Bank offers special loans up to ₹40 lakhs for doctors. Here’s everything you need to know in simple terms:
Loan Snapshot
✅ Loan Amount: ₹50,000 – ₹40 lakhs
✅ Tenure: 3 months to 5 years
✅ Interest Rate: Competitive (based on profile)
✅ Processing Time: Quick approvals
Who Can Apply?
✔ Eligible Doctors:
- MBBS, MD, MS, MDS, BDS, BHMS, BAMS
- Both salaried & self-employed (SEP)
✔ Age Limits:
- Salaried: 21-60 years
- Self-employed: 21-65 years (up to 70 with approval)
✔ Experience Required:
- Salaried: 6+ months current job
- Self-employed: 6+ months in practice
Key Features
Loan Amounts by Category
| Doctor Type | Max Loan Amount |
|---|---|
| MBBS/MD/MS/MDS/BDS | ₹40 lakhs |
| BHMS/BAMS/Diploma | ₹15 lakhs (NTC customers) |
Special Benefits
- 100% FOIR for MBBS/MD holders
- 75% FOIR for BHMS/BAMS
- Rental income can be added to eligibility
- Co-applicant allowed (mandatory if age 60+)
Documents Required
📌 For Salaried Doctors:
- 3 months salary slips
- Professional degree certificate
- Medical council registration
- 3 months bank statements
📌 For Self-Employed Doctors:
- 2 years ITR with 26AS
- 12 months bank statements
- Clinic registration proof
- Degree certificates
How Eligibility is Calculated
Salaried Doctors
Income = Salary + Professional Fees + Rental Income
Self-Employed Doctors
Choose either:
- Banking Method:
(12 months bank credits × 1.4) - Taxes + Rental Income - ITR Method:
(Profit + Partner Salary + Depreciation) + Rental Income
Banking Requirements
- Max 4 accounts can be clubbed
- Salaried: Max 1 bounce in 3 months
- SEP: Max 3 bounces in 6 months
How to Apply?
- Check Eligibility: Match your qualification & income
- Choose Category: Salaried or Self-Employed
- Submit Documents: Online or at branch
- Get Approval: Fast processing
Pro Tip: MBBS/MD holders can get higher loan amounts at better terms.
Why Choose Bandhan Bank?
✔ Specialized doctor loans
✔ Higher loan amounts for specialists
✔ Flexible repayment up to 5 years
✔ Quick processing
Need funding for your clinic or personal needs? Check eligibility today!
Note: Terms subject to change. Final approval at bank’s discretion.
