NBFCs offer unique suite of loans designed to cater to growing needs of doctors. The loan can be used to set up the clinic, expand the clinic, renovate for clinic, purchase new equipment and run operations. For instance, this Doctor’s day NBFCs like Bajaj Finserv is offering a free Amazon Kindle and an all-new Samsung Galaxy S9 on its doctor loan for limited period. So, take a breather while you prepare to set up your clinic at the same time.
Interestingly, this is a collateral free loan. This means you do not have to pledge any collateral to avail it. You may opt for a flexible tenure to easily repay it at your capacity.
These are hassle-free loans which can be obtained by filling up an application form online. Simply submit application with personal details, choose from the range of products, and lender’s representative will contact you to discuss your requirement and to assist further.
The loan is loaded with plenty of benefits such as,
While setting up your clinic you may have tons of things to work out on a day-to-day basis. This scheme does just that. It lets you withdraw as per your needs from the total loan sanctioned. You can pay interest only EMI while the principal amount can be paid at the end of the tenure. Anytime you may foreclose or prepay the loan as per convenience before its due date.
Doctor loan gives you the facility to prepay any loan amount greater than 3 EMIs without any charges. This helps you in getting rid of the loan faster if you are financially prepared for doing that.
Read More :- Starting Your Own Clinic? Opt for a Doctor Loan
Aman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management.