Consultants and practicing professionals working in a government, private hospital or a clinic can easily avail of a personal loan for doctors. You can receive up to ₹30 Lakhs* with quick approvals and attractive interest rates.
*Terms and Conditions Apply
All resident citizens of India, between the ages of 21 years and 60 years and earning a minimum income can avail a personal loan from Fullerton India. Personal loan for doctors is available to both salaried professionals working with an established and doctors with independent practice. If you are salaried, your minimum income should be ₹25,000 (or residents of Mumbai and Delhi), or ₹20,000 (for residents of other locations in India). For self-employed professionals, a minimum annual profit after tax is applicable instead. To know more, visit the personal loan eligibility page.
Fullerton India offers personal loans starting at interest rates as low as 11.99% per annum. The interest rate offered to you would vary based on your credit score, existing relationship with us, the total loan amount and tenure, and whether you have an independent practice of work with an establishment. Processing fee of up to 3% of the loan amount is also applicable.
|
Personal Loan Interest Rate |
11.99% to 36% |
|
Processing Fee |
Up to 3% of loan amount |
|
Loan Tenure |
Up to 60 months |
|
Lowest EMI Per Lakh |
₹2,275 for 60 months |
|
Prepayment Charges |
0% to 7%* |
*Please click to see more on personal loan interest rates, fees and charges
Documents required for personal loans include:
A personal loan for doctors or a doctor loan is a collateral-free loan exclusively designed for doctors that can be used for any purpose. For example, you could use it to fund a large purchase or finance your child’s education. You can also use it for business purposes like establishing your own practice.
The process for availing the loan remains the same as for personal loan. Click on the "Apply now" button on this page to avail an instant doctor loan. Once you have completed the form and uploaded the required documents, you will be given an instant approval online and a customer service representative will get in touch with you for the next steps.
Here is how Fullerton India’s personal loan for doctors is different from normal personal loans:
|
Feature |
Normal Personal Loan |
Doctor Loan |
|
Max. Loan Amount |
Up to ₹ 25 lakhs |
Up to ₹ 30 lakhs |
|
Interest rates |
11.99% - 36% |
Preferential interest rates depending on the profile |
|
Tenure |
12 - 60 months |
12 - 60 months |
|
Processing Fees |
Up to 3% |
Preferential rates depending on the profile |
Yes, you must have a healthy CIBIL score to avail a personal loan from us. The loan amount you are eligible for and the interest rate charged may vary with your CIBIL score. For more information, please get in touch with our representative to explore available options based on your current repayment capabilities.
The end-use of a personal loan for doctors is unrestricted. You can use the loan disbursed to you as you see fit, as long as it is not used for any illegal purposes. Some examples are:
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
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