For a doctor, there’s nothing better than a waiting room full of patients. It is a sign that your medical practice is flourishing. But with 50,000 Indian doctors joining the workforce every year, you must do all it takes to ensure that your medical practice is a cut above the rest.
As per projections, by 2030, the number of active doctors is likely to be over 17 lakhs. In such a scenario, having the best and most advanced medical equipment, a multi-speciality clinic that can offer comprehensive healthcare for patients and digital healthcare to cater to more patients effectively can be a game changer. Thus, it may be time for you to expand your clinic to increase patient reach and tap new markets.
Choosing a loan customised for doctors gives you the funds and the flexibility you need to usher your medical practice into a phase of growth.
• A Business Loan for Doctors is a collateral-free loan that offers a substantial sum of Rs.30 lakh and is disbursed to your bank within 24 hours of document collection. This is ideal if you’re looking to purchase needed clinic management software and are undertaking expansion on a smaller scale.
• A Loan Against Property for Doctors is a secured loan that offers finance up to Rs.2 crore with the loan being approved in 24 hours. This is ideal if you’re looking to make big-ticket changes, such as upgrading all the equipment and adding more consultancy rooms.
To keep pace with your busy schedules, you can apply for these loans online in minutes. Furthermore, a Bajaj Finserv representative comes right to your doorstep to have the documents collected. There is no need for you to visit the branch to apply, submit the documents, collect a cheque or wait for it to clear.
Bajaj Finserv’s Loan for Doctors is a feature-packed, tailor-made solution for doctors who want to expand their practice. Take a look at what makes this an excellent option to expand your medical practice.
• A suite of 4 loans, this offering gives you the option to choose from a personal loan, business loan, home loan and loan against property. To expand your clinic, you can use a business loan offering Rs.30 lakh, or a loan against property that offers up to Rs.2 crore.
• For a Business Loan, you can get the money in your bank account in as little as 24 hours once the document verification takes place. For a Loan Against Property, your loan gets approved in 24 hours. So, even if it is an unplanned need, you can take care of it immediately and without any hassle.
• Business loans for Doctors are collateral-free so that your personal and business assets are completely risk-free. On the other hand, a Loan Against Property requires you to pledge an asset.
• Affordable interest rate that keeps your EMIs low.
• The Flexi-loan facility allows you to withdraw from a flexi loan limit as and when the need arises. You can withdraw and repay sums of money as many times as you want, up to the loan limit. With these loans, you can save up to 45.3% on your EMIs. Flexi Loans not just help you to invest in technology-with the above 6 points- but also help you manage your practice’s daily activities.
• Wide tenor of 12 to 96 months, so you can repay the loan comfortably, as per your convenience. If you choose a loan against property, the tenor stretches to 240 months.
• Convenient 4-step application process saves you time and gives you a hassle-free loan application experience. Doorstep services further expedite the process.
• Easy eligibility criteria and minimal documentation requirements make applying for the loan 100% hassle-free.
• You also get access to exciting pre-approved offers, if you’re an existing Bajaj Finserv customer
• No hidden charges: All charges and fees are stated upfront.
• Bank on-the-go as you get the chance to manage your loan account online, anytime and anywhere.
To know more about a Doctor Loan from Bajaj Finserv, click here.