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Pre-loan Eligibility checker
Last updated on: September 9, 2025
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Doctor Loan | Personal Loan for Doctors up to ₹40 Lakh* at an attractive interest rate of 10.50%* easy approval, flexible repayment options, & minimal paperwork
| Bank | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| DBS Bank | 10.99% – 30.00% | ₹25,000 to ₹15 Lakhs | 1%–3% + GST | 24–48 hrs | Apply |
| HDFC Bank | 10.90% – 24.00% | ₹50,000 to ₹40 Lakhs | Up to ₹6,500 + GST (~1–3%) | 24–48 hrs | Apply |
| Axis Bank | From ~11.25% | ₹50,000 to ₹15 Lakhs | 1.5%–2% + GST | 24–72 hrs | Apply |
| ICICI Bank | 10.80% – 16.65% | Up to ₹50 Lakhs | 0.5%–2% + GST | 24–48 hrs | Apply |
| Bank of Baroda | 10.49% – 18.75% | ₹30,000 to ₹20 Lakhs | Up to 2% + GST | 48–72 hrs | Apply |
| SBI | 10.30% – 15.30% | ₹10,000 to ₹35 Lakhs | Up to 1.5% + GST | 2–3 working days | Apply |
| IndusInd Bank | From 10.49% | ₹30,000 to ₹50 Lakhs | Up to 3.5% (2% online) + GST | 24–48 hrs | Apply |
| Yes Bank | 10.99% – 21% | ₹100,000 to ₹40 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| Standard Chartered | 11.49% – 17% | ₹1 Lakh to ₹50 Lakhs | Up to 2.25% + GST | 48–72 hrs | Apply |
| IDFC FIRST Bank | 9.99% – ~10.75% | ₹1 Lakh to ₹50 Lakhs | Up to 3.5% + GST | 24–48 hrs | Apply |
| Kotak Mahindra Bank | From 10.99% | ₹50,000 to ₹40 Lakhs | 1%–2.5% + GST | 24–48 hrs | Apply |
| Punjab National Bank | 11.50% – 17.05% | Up to ₹20 Lakhs | Up to 1% + GST | 2–3 days | Apply |
| Bandhan Bank | 10.50% – 12.55% | ₹50,000 to ₹25 Lakhs | Up to 3% + GST | 48–72 hrs | Apply |
| NBFC | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | 2%–3% + GST | 24–72 hrs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| InCred | From 18% | Up to ₹10 Lakhs | 2%–4% + GST | Instant to 24 hrs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Up to 3% + GST | 24–48 hrs | Apply |
| Poonawalla Fincorp | From 9.99% | Up to ₹30 Lakhs | 1%–2% + GST | 24–72 hrs | Apply |
| Fullerton India | From 11.99% | Up to ₹25 Lakhs | Up to 3% + GST | 1–2 working days | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Up to 2.5% + GST | 1–2 days | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Aditya Birla Finance | From 11.99% | Up to ₹50 Lakhs | Up to 2.5% + GST | 48–72 hrs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Up to 4% + GST | 24–72 hrs | Apply |
| Eligibility Criteria | Details |
|---|---|
| Profession | MBBS, BDS, MD, MS, MDS, BHMS, BAMS, and other recognized medical degrees |
| Experience | Minimum 1 year post-qualification experience (varies by lender) |
| Age Limit | 25 to 65 years (may vary by lender) |
| Minimum Income | ₹20,000 - ₹30,000 per month (depending on lender) |
| Credit Score | Preferably 700 or above |
| Employment Type | Salaried and self-employed doctors |
| Loan Amount | Up to ₹40 Lakh (based on creditworthiness and income) |
| Nationality | Indian citizen |
| Workplace Stability | At least 1 year at a reputed hospital/clinic or self-owned clinic |
| Document Type | Details |
|---|---|
| Identity Proof | Aadhaar Card, PAN Card, Voter ID, Passport, Driving License |
| Address Proof | Utility Bill, Passport, Aadhaar Card, Rent Agreement |
| Qualification Proof | Medical Degree Certificate (MBBS, BDS, MD, etc.) |
| Income Proof | Latest Salary Slips (salaried) / ITR for 2 years (self-employed) |
| Bank Statements | Last 6 months’ statements |
| Proof of Employment | Employment Certificate (salaried) / Clinic Registration (self-employed) |
| Photographs | Recent passport-sized photos |
| Credit Score Report | Latest credit report (optional) |
| Fees/Charges | Details |
|---|---|
| Processing Fee | 1% to 3% of the loan amount (varies by lender) |
| Prepayment/Foreclosure Charges | 2% to 5% of outstanding principal |
| Late Payment Fee | 2% to 3% per month on overdue EMI |
| Loan Cancellation Charges | ₹3,000 to ₹5,000 (if applicable) |
| Document/Stamp Duty Charges | As per state laws (₹500 to ₹2,000 approx.) |
| Cheque Bounce Charges | ₹500 to ₹1,000 per instance (varies by lender) |
| Loan Restructuring Fees | Up to ₹5,000 (if applicable) |
| Part-Payment Charges | 2% to 4% of the amount part-paid (if allowed) |
| GST on Fees | 18% applicable on fees and charges |
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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