In recognition of the financial needs and credibility of medical professionals, the Doctor Loan Program has been thoughtfully designed to offer high-value personal loans with relaxed eligibility norms and competitive rates. This program targets salaried doctors working in private and government institutions, offering customized benefits to suit their professional standing and earning potential.
Below is a detailed overview of the program features, eligibility norms, and operational highlights.
Program Overview
| Feature | Details |
|---|---|
| Loan Amount | Up to ₹30 Lakhs |
| Tenure | Up to 84 Months |
| Rate of Interest (ROI) | Starts from 11.99% onwards |
| Processing Fee | 2% |
| Minimum CIBIL Score | 700+ |
| Minimum Net Monthly Income | ₹35,000 |
| Minimum Experience Required | 1 Year |
| Document Collection | Digital process available |
| Loan Type | Personal Loan (Unsecured) |
Eligibility Criteria
| Criteria | Details |
|---|---|
| Qualification | MBBS, BDS, MD, MS, BAMS, BHMS, BPT, MPT, and other verified medical degrees |
| Employment Type | Salaried doctors employed with hospitals, clinics, or medical institutions |
| Minimum Age | 25 Years |
| Maximum Age at Maturity | 65 Years |
| City Tier | Available in Tier 1 and Tier 2 cities |
Special Features
1. High Loan Amounts Without Collateral
Doctors can avail of personal loans up to ₹30 lakhs without providing any collateral or guarantor—a major advantage that simplifies access to credit.
2. Longer Tenure
The repayment tenure of up to 84 months ensures affordable EMIs, making this ideal for professionals balancing practice investments, personal commitments, or education costs.
3. Flexible Eligibility Across Medical Specializations
The program includes MBBS, BDS, AYUSH practitioners, physiotherapists, and specialists, recognizing the wide diversity within the medical field.
Required Documents
To maintain efficiency and minimize turnaround time, the documentation requirements are kept minimal:
| Required Documents |
|---|
| PAN Card |
| Aadhaar Card / Valid ID Proof |
| Latest 3 Months’ Salary Slips |
| Last 6 Months’ Bank Statement |
| Degree Certificate |
| Employment Proof / Hospital ID |
Why This Program Matters
Doctors often face unique credit challenges, such as irregular income cycles or large upfront investments in clinics and medical equipment. This program recognizes:
- Their stable long-term earning potential
- Their professional credibility
- The need for quick and flexible financial access
By tailoring loan products specifically for them, lenders offer a more inclusive and effective financial solution.
Who Should Apply?
This program is ideal for:
- Salaried doctors working in private or government hospitals
- Newly employed doctors with at least 1 year of experience
- Medical professionals needing high-ticket personal loans
- Doctors seeking long repayment periods with competitive ROI
Conclusion
The Doctor Loan Program offers a smart, flexible, and accessible financing option tailored to the professional and financial profile of India’s medical workforce. With its digital journey, minimal paperwork, high loan limits, and longer tenures, it empowers doctors to focus on their medical practice and personal goals—without financial constraints.
For medical professionals seeking reliable credit, this program is not just a loan—it’s a trusted financial partner in their journey of care.
