Loan amount from Rs 1 Lakh to Rs 1 Cr | Loan Tenures from 1 to 5 years | Facility to top-up existing loans | Payouts -Up to 1% of Loan amount as Cashback
Doctors Loan Features & Benefits
A loan designed to help your practice thrive. Hassle-free and fast. Business Loan for Doctors is customised to fund the expansion of your practice – from purchasing the latest medical equipment and software, to training your staff on new procedures. Apply today for a Business Loan for Doctors up to Rs. 1Cr.
- Loan up to Rs. 1Cr
Business Loan up to Rs. 1Cr, for the various financial needs of your practice.
- Quick Processing
Online application process with disbursal in up to 48 hours, for your convenience.
- Flexi Loan Facility
Unique Flexi loan facility, with a predetermined loan limit given to you for a fixed tenor.
Doctors Loan Eligibility Criteria
CAPayouts provides Doctors loans to a wide variety of customers. In order to check your Doctors loan eligibility, you can use our Doctors loan eligibility calculator. Doctors loan eligibility requires that you meet some basic criteria. The Doctors loan eligibility criteria are:
- Salaried and Self Employed Professionals
- Sole proprietors and Partnership Firms
- Clear record in terms of past loans and statutory payments.
- Minimum age requirement is 23 years at the time of taking the loan and maximum 70 years or retirement at the time of maturity
- Good credit rating score in credit bureau
- Micro, Small and Medium Enterprises.
- Minimum 3 years in business with a positive net worth (for Self-employed) or one years work experience (for Salaried individuals)
Documents Required for Doctor Loan
CAPayouts helps to provide wide variety of loans to Doctors . In order to check your loan eligibility, you can use loan eligibility calculator, For loan eligibility some basic documents are required:
Photo Identity Proof
- Passport | Voters ID | Pan Card | Aadhaar card | Driving License
Address Proof – Office and Residence
- Ration Card | Passport | Driving License | Bank account statement | Electricity Bill | Telephone Bill | Aadhaar Card | Sale deed/ Property purchase agreement (For owned properties)
Income Proof
Salaried Individual
- - Last two months salary slip/Salary certificate
- - Latest years ITR with income computation/Form 16. Note: If Bonus is considered in eligibility, we will have to take last two years ITR/Form 16
- - Last six month bank statement reflecting salary credits. Note: Cash Salary cases not allowed
- - Repayment track/bank statements proof of track with loan sanction letter/amortization schedule.
Self Employed Individual
- - Income Tax Return with income computation (As applicable )
- - Balance Sheets and P&L a/cs with schedules (As applicable)
- - Sales Tax Return/VAT return for the number of months not covered in the latest financial year.
- - Credit card statement for 6 months (required in case of Banking Surrogate)Copy of Contract
- - Order and Form 16 A (applicable only if income is from contracts)
- - Bank statements for the last 6 months - from business account of the firm/ company and savings a/c of the individual borrower and co-borrowers, if income being considered.
- - Repayment track/bank statements proof of track with loan sanction letter/amortization schedule.
Business Proof ( Self-attested copy of any one document* )
- - Shop establishment certificate (First priority)
- - Sales Tax return/VAT return
- - Electricity bill-Paid. Not older than 90 days from loan application
- - Property allotment letter from Govt./Registered societies
- - Property registered deed
- - Trade license/Professional license(sales tax no, importer's exporter's code)
- - Tel Bill (landline/postpaid mobile phone)-Paid. Not older than 90 days from loan application
- - Registered or Notarized Rent deed
- - Property papers-Unregistered sale deed plus GPA
- - Latest updated bank passbook/Bank Statements in borrower's name (subject to bank acct being 6 months and CPV confirms the same address)
Property Proof (Self-attested copy of any one document*)
- - Photocopy of original sale deed
- - Allotment/Possession letter
- - No objection certificate from the society and other documents as per legal report
+91 90156 00900
sales@capayouts.com
