Reports show that India’s healthcare market is all set to hit the ₹37,200 crore mark by 2022. As a doctor, you can be part of the nationwide growth by expanding the scope of your practice, be it by upgrading your clinic’s medical equipment, enhancing your treatment and surgery rooms, purchasing AI-aided machinery or hiring -skilled medical staff. To help you meet these needs, Bajaj Finserv offers customised loans for doctors. Available in both secured and unsecured variants, Bajaj Finserv’s Doctor Loans promise high-value and hassle-free financing specially designed for medical professionals.
Get a quick, collateral-free loan up to₹30 lakh
Bajaj Finserv’s Business Loan for Doctors provides assistance for your small and mid-range financing needs. It requires no collateral or guarantor whatsoever and promises a 24-hour disbursal on the approval of your application. With loans up to ₹30 lakh, you can use this loan to add new hospital beds, refurbish your clinic or upgrade equipment. You thus increase patient satisfaction and improve your diagnostic and treatment results. For instance, if you specialise in cardiology, investing in new imaging equipment that has improved penetration image quality, uniformity and definition will help you treat patients more effectively.
Avail secured loans of up to ₹2 crore for all your expenses
There may be times when you need substantial funds for expansion to a new location, adding a new wing to your existing practice and going from a single speciality to a multi-speciality clinic. In such scenarios consider the Bajaj Finserv Loan Against Property for Doctors. By pledging a property as collateral, you can get financial assistance of up to ₹2 crore. Using this amount, along with a long repayment tenor and a competitive rate of interest, you can grow your practice without any hassles.
Borrow economically via the Flexi Loan facility
When you apply for a regular term loan, you are sanctioned a credit limit and pay interest on the entire sum right from the get-go. By using Bajaj Finserv’s unique Flexi Loan facility, you can borrow from your sanction multiple times and leave the remainder for later use. Since you pay interest on the amount you borrow, you stand to save more.
Next, you can utilise the remainder to send your staff on training programmes and to buy peripherals as and when the need arises. This allows you to address sporadic or frequent needs with ease, while keeping your EMIs under control. Further, you have the flexibility to pay interest-only EMIs to manage your cash flow better or repay the entire principal at the end of the tenor.
Benefit from speedy loan processing
Both Business Loans for Doctors and Loans Against Property for Doctors have a low loan processing time. The Business Loan comes with a 48-hour approval and disbursal process, with loans being disbursed within 24 hours of approval. On the other hand, the Loan Against Property ensures a 24-hour loan application approval with fast verification procedures to give you timely access to funds. With pre-approved offers, you can get an instant approval on your loan application.
Gain from convenient features
Bajaj Finserv’s Doctor Loans come with a range of features that make onboarding easy and repayment convenient. Apply for your loan online and benefit from doorstep services to get your documents in order.