Personal Loans for Doctors- Quick Finance Tailored for Medical Professionals
Exclusive Loan Offers for Doctors
Minimal Documentation Required
Use for Clinic Setup, Equipment & More
Why Choose Us for a Loan for Doctors?
We partner with top lenders and NBFCs to provide doctors with fast, flexible, and customised loans for doctors.
Exclusive Loan Offers with Our Lender Partners
Through our trusted partnerships with leading lenders and NBFCs, we offer exclusive loan products designed specifically for medical professionals. These loans come with competitive interest rates and flexible repayment terms, ensuring that your financial needs are met without compromise.
Fast Approval & Disbursal Process
We know how crucial it is for doctors to have quick access to funds. Our partner lenders prioritise fast loan approvals and disbursals, often processing applications in just 24-48 hours. This ensures that you can access the funds you need to expand your practice or buy equipment without unnecessary delays.
Minimal Documentation for Seamless Application
Our application process is simple and straightforward. Thanks to our collaborations with lenders who understand your unique needs, the documentation required is minimal. With just a few basic documents like KYC and medical registration proof, you can apply for a loan quickly and easily, saving you time and hassle.
High Loan Amounts Based on Your Professional Profile
We connect you to lenders who offer higher loan amounts specifically for doctors. Whether you're looking to set up a new clinic, expand an existing one, or invest in the latest medical equipment, our partners can provide loans based on your income and professional reputation, giving you access to funding that suits your needs.
Transparent Process with No Hidden Fees
At Kreditbazar, we believe in complete transparency. Our partners ensure there are no hidden fees or unexpected charges. Every aspect of the loan application and approval process is clear, so you can make well-informed financial decisions without worrying about unexpected costs later.
Loans for All Types of Medical Professionals
Whether you're a general practitioner, a specialist, or a dentist, our partnerships with multiple lenders and NBFCs allow us to offer financing options suited to every type of medical professional. No matter your area of expertise, we help you access the financial support you need to grow your practice.
Are There Any Fees Involved in a Loan for Doctors?
Understand all the charges before you apply for your Loan. We keep things transparent, no hidden fees, just simple terms.
| Fee Type | Amount |
|---|---|
| Rate Of Interest | Starting from 16% p.a. on a reduced balance basis |
| Processing Fee | Starting from 2% of the loan amount plus GST |
| Tenure | 3 to 36 months |
| APR | Starting from 18% |
| Bounce Charge | ₹500 plus GST |
| Late Payment Charges | ₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount |
| Stamp Duty | 0.1% of the loan amount |
| Mandate Rejection Charges | ₹250 plus GST |
| Pre-Clouser Charges | Nil |
Know Loan Criteria, Apply Confidently!
Quick and Simple Requirements to Avail a Personal Loan through Kreditbazar
NBFC Loan Criteria for Salaried
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Job Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Salary slips (3 months) / Form 16
NBFC Loan Criteria for Self-Employed
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Business Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Minimum 3 Year IT Return
Choose a Loan As Per Your Needs
Looking for the right plan? Find the best Loan option based on your budget and needs. Apply easily and pay in flexible EMIs.
Travel
Education
Emergency
Shopping
Wedding
Low Salary
Maternity
Gifting
Home Renovation
FAQs about a Loan for Doctors
Find answers to common queries about loans for Doctors, including eligibility, application process, fees, and more.
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Who is eligible for a loan for doctors?
Any registered medical professional—including MBBS, BDS, BHMS, BAMS, MD, MS, dentists, and specialists—can apply. You must hold a valid medical registration certificate and have a stable income or practice.
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What documents are required for a doctor’s loan?
Generally, you need an Aadhaar & PAN Card (KYC), a Medical Registration Certificate, Bank statements (last 6 months), Income proof (ITR/salary slips if salaried) and Proof of clinic ownership/rental (if self-employed).
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How much loan amount can doctors get?
Doctors can avail loans ranging from ₹50,000 to ₹50 lakhs, depending on their income, practice stability, and credit profile.
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Can I get a loan without income proof?
For self-employed doctors, clinic revenue or bank statements may suffice in place of traditional salary slips. However, most lenders prefer documented income via ITR or audited financials.
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How fast is the approval process?
Loans for doctors are usually approved within 24-48 hours, especially when applied through Kreditbazar’s partner NBFCs and banks.
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Can I use the loan to open a new clinic or upgrade equipment?
Yes! You can use the loan for clinic setup, renovation, equipment purchase, software, hiring staff, or even for personal financial needs.
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Do I need to pledge any collateral?
No, these are usually unsecured personal loans—you don't need to provide any security or guarantor.
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Are loans available to doctors who are salaried in hospitals?
Yes. If you're a salaried medical professional, you’re eligible as long as you meet the income and documentation criteria.
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What is the interest rate on loans for doctors?
Interest rates typically range between 10% to 18%, depending on the lender, your credit score, and repayment capacity.
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Is a CIBIL score important?
Yes, a good CIBIL score (above 700) can help you secure a higher loan amount with a lower interest rate.
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Are there any exclusive benefits for doctors?
Absolutely! Many lenders offer lower interest rates, faster disbursal, higher loan amounts, and minimal documentation for verified medical professionals.
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Can I apply if I’ve just started my clinic?
Yes, but lenders may require minimum 6 months to 1 year of practice history or additional income proof. Newly established doctors can also apply with co-applicants or guarantors if needed.
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Can I pre-close my doctor’s loan early?
Yes, most lenders allow prepayment or foreclosure, though some may charge a nominal fee. Check lender terms before applying.
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Can I get a top-up on an existing doctor loan?
Yes! If your repayment history is strong, you may qualify for a top-up loan with better terms.
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Are loans available to Ayurvedic, Homoeopathic, or Dental doctors?
Definitely! Loans are available to BAMS, BHMS, and BDS degree holders, as long as they have valid medical registration and income proof.
