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Professional Loan

Professional Loan

Purpose
  • Setting up a Clinic, Purchasing premises for hospital, equipment’s, required machinery for hospital.
Who can Benefit this loan
  • Any Medical practitioner having valid degree from recognized university.
Features
  • Insurance - Must be insured with full value of consumer durables with Bank's clause.
  • Repayment - 1) For premises 120 months.
    2) For Equipment/ Machinery / Renovation 72 months
Eligibility
  • Graduate / Post Graduate Doctors
Document
  • Loan Application Form
  • Education Qualification Certificate
  • Medical Registration certificate
  • KYC of Borrower & Guarantors
  • Quotation of Equipment’s/ machinery
  • Projector Report
  • Income Proof Last 3 year ITR
  • Property Ownership proof
Positive Points
  • No Prepayment charges.
  • No Pre Closure Charges.
  • Quick Disbursal.
  • Flexibility in repayment period
** FOR MORE DETAILS INFORMATION CONTACT TO YOUR NEAREST BRANCH **