Healthcare finance is a smart loan suite designed for practising doctors. These are four loans which include - personal loan, business loan, home loan and loan against property. As an applicant it is imperative you choose the loan and lender for the exact reason you want the loan for.
Let’s consider doctor loan for business purposes. It is a custom loan which falls under healthcare finance and allows you to buy the right medical equipment, hire seasonal staff, settle their wages, upgrade to latest medical technology, expand a business by opening multiple clinics even in new cities, renovate or lease bigger clinic and accomplish much more.
Here are the benefits of the loan you must know of -
- You can apply for the loan online by filling up the e-form available at the lender’s official website. This process does not require elaborate documentation besides doctor’s educational qualification, certificates to prove business’s existence and identification proofs.
- Eligible applicants can avail high-value loan up to Rs. 30 lakhs on a flexible tenure of 12 to 60 months on an affordable rate of interest.
- This is a collateral-free loan that can be obtained without having to pledge any security/ guarantor towards it.
- You can avail exclusive pre-approved offers and get more value from the loan.
- There are part-prepayment and foreclosure options available on the loan too with no additional charges.