Arwind Sharma
A loan against property for doctors is a multi-purpose loan. You can use it to fund any high-ticket purchases- be it personal or professional. Some benefits of loan against property for doctors from Bajaj Finserv include high loan amounts, quick approvals, competitive interest rates and easy eligibility and documentation.
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These loans can prove to be the ultimate solution in taking a doctor’s career to the next level. 1) Buy new clinic space With loans amounts of up to Rs.2 crore, you can expand your medical center by acquiring new clinic premises and reaching out to new markets. 2) Get the latest equipment Medical equipment and apparatus often come with a hefty price tag. Use these loans to fund these costs and refurbish your medical space with new equipment, thereby escalating your efficiency. 3) Renovate your clinic You can give your clinic an all-new look and improve the patient waiting experience with a loan against property for doctors. 4) Patent your research project. You can pay for the cost of publishing your project on which you've spent years researching on. 5) Get the latest technology or software Upgrade your clinic to the newest technology and stand out amongst the competition. 6. Fund overseas education Increase you or your child’s professional demeanor with a higher medical degree from the best university abroad. To reap the benefits, you must fulfill the eligibility criteria of loan against property for doctors, which include: a) Super-specialist doctors (MD/MS/DM) – Minimum 3 years. b) Graduate Doctors (MBBS) - Minimum 3 years. c) Dentists (BDS/MDS) - Minimum 5 years. d) Homeopathic Doctors (DHMS) - Minimum 15 years. e) Ayurvedic and Homeopathic Doctors (BHMS/BAMS) - Minimum 6 years. Note: All experiences are considered post qualification. Note: Homeopathic and Ayurvedic doctors must be a resident or have a clinic in the city where Bajaj Finserv operates. Other than this, documents required for loan against property for doctors include, i. KYC documents ii. Medical registration certification iii. Balance sheet, Income Tax returns, and P/L account statements (last 2 years). iv. Documentation and copy of property papers Precisely speaking, a loan against property for doctors can be your key to meeting all bulk financial needs. Visit https://www.bajajfinserv.in/loan-against-property-doctors to know more.
Arwind Sharma is a financial advisor with an experience of more than 15 years. He has worked for topmost financial firms in India and has been a visiting faculty at many reputed institutes in India...
