As a responsible medical professional, taking care of your patient’s health and well-being is your responsibility. So, to carry out your duty in the best possible way, you need to have a highly functioning dispensary. Establishing this space can be expensive, so opting for financial aid can greatly help. You can meet all your funding requirements with a loan for doctors to open clinics. You can also consider using this loan to expand your clinic or pay rent. A doctor’s loan can also help you pay your staff’s salaries and continue operating your practice smoothly.
You can use the business loan for doctors from Piramal Finance to integrate cutting-edge technology into your practice. However, you can also use the reimbursed fund to purchase new medical equipment that will meet your patient’s requirements.
At Piramal Finance, we realize the importance of providing loans for doctors in India. We provide the best business loans for doctors to support medical professionals in their noble endeavors. You can easily avail of our tailor-made business loan specifically curated for doctors with a flexible repayment tenure and highly affordable interest rates.
Some of the most commendable features and benefits of a business loan for doctors online at Piramal Finance are:
To become eligible for a doctor’s business loan, you need to fulfill some of the basic criteria as mentioned below:
Apart from these basic criteria, you should also fulfill a few other requirements that are related to work experience. Here we have enlisted the experience requirements for doctors with different specialties:
If you wish to avail of a business loan for doctors, then you need to furnish the following documents:
Here is a step-by-step guide to applying for a business loan for doctors at Piramal Finance. You can easily follow these steps and complete your application procedure:
Go to the Piramal Finance business loan for Doctors page. Read the features and eligibility criteria, and start the application process.
Click on Apply Now
Fill in the required Personal details such as Name, Contact Number, Birth Year, and Business Loan Amount.
Choose the employment type 'Salaried' OR 'Self-Employed'
Add your monthly income
Select the State and branch (enter the branch by city) and Submit the business loan application form.
Wait for a call from the official representative to move ahead with the processes.
After completing all the steps, like scanning, uploading the required documents, and paying the processing fees, wait until your business loan application is approved.
You must have a high CIBIL score if you wish to avail of a business loan for doctors.
Whether you’re a homeopathic, allopathic, or ayurvedic doctor, you can avail of a business loan for doctors.
Certain banks and non-banking financial institutions demand processing fees on business loans for doctors. So before applying for this loan, make sure you go through the associated charges as mentioned by your loan provider.
When you opt for a doctor’s loan from Piramal Finance, the loan amount will get disbursed within 72 hours after approval.
The doctor’s business loan available at Piramal Finance is regarded as the best loan for doctors. As a doctor, you can easily avail of business loans that are tailor-made for your needs at highly affordable interest rates.
As a doctor, you can avail of a doctor’s business loan right from the age at which you qualify as a licensed doctor. However, you can get the same only up to 65 years of age.
The maximum amount of a business loan from Piramal Finance for a doctor is Rs 10 lakh.
You need to provide your KYC documents and your medical registration certificate to avail of a business loan for doctors.
Doctors can easily avail of a “Loan to Individual Doctors and Medical Practitioners” for personal loans. As a doctor, you can use this loan for all kinds of personal purposes and also for professional requirements.