A professional loan has specially designed for professionals such as doctors, chartered accountants, and company secretaries who provide professional services. When medical professionals face financial challenges, such as they need money to invest in their practices, doctor loans can be the ideal solution. With competitive interest rates and flexible repayment options, doctor loans from Peerless Finance are an attractive financing option for healthcare professionals.
For the best doctors loan, get in touch with Peerless Finance!
2. Why Choose Us?
Peerless Financial Services Ltd., is a
subsidiary of The Peerless General
Finance & Investment Co. Ltd. (PGFI),.
Established in 1988. Peerless Finance
is a Non-Banking Finance Company
(NBFC), registered with the Reserve
Bank of India (RBI).
Peerless Finance is driven by a
commitment to keep its promises. To
this direction, it provides
Simplifinance – that is simple & timely
finance - to its customers. At the same
time, the Company promotes ease of
doing business.
3. • Advantage Of Flexible Tenure:
Most people, when going for a professional loan for doctors, look for
flexibility of tenure so that they can use the borrowed amount as and
how they want. So most people prefer finance companies like Peerless
Finance that allow a flexible tenure for repayment.
• Raise Funds To Start A Clinic:
Starting a clinic is on the wishlist of every doctor or healthcare worker
but financing that dream can be tough. Thus, people take the support of
professional loans to support their dreams.
• Easy Availability:
Financial needs can cause a lot of stress. Taking a loan can support them
but it can also add to the hassle if the procurement process is complex.
Thus, it is always a good idea to go for companies that give out loans
with less hassle.
• Reasonable Interest Rates:
A big advantage while taking a professional loan for doctors is that the
repayment is reasonable because of the low-interest rates. With such a
facility, doctors can enjoy loans without feeling burdened by the interest
that they have to pay back.
What are the reasons
doctors would want
to opt for a
professional loan?
4. Why Peerless Finance Is the best when it comes to loans for medical doctors?
• Interest Rates: Interest rate Starting from 13% p.a.
• Collateral-Free Loans: Avail Unsecured Loans upto Rs.40 Lakhs
• Flexible Tenure: Choice of repayment up to 60 months
• Top Up Facility: Available on review post 6 months
• OD/Term Loan: Available Overdraft / Term Loan facility
5. What are the Eligibility
Criteria for a Doctor Loan
at Peerless?
Age: Minimum is 24 years and Maximum is 65 years
Field of specialization:
1) MBBS - Minimum one year of experience, post registration with the Medical Council. Super Speciality Doctors
(MD/MS/DM) - Post Qualification.
2) BDS - Minimum five years of experience, post registration with the Medical Council
3) Salaried/Self-employed doctors operating as medical practitioners.
Citizenship: A ‘Resident Indian’ of minimum 1 Year at current residence including rental arrangements, if any.
6. 1
Documents required for doctors loan
The required documents for a doctors loan are as
follows:
• Address Proof: A copy of your passport, driving
license, proof of possession of the Aadhaar number,
or the Voter’s Identity card
• PAN Card: Copy of PAN card Last 6 months Bank
statement
• Educational Qualification Certificate
• Retainership Letter (if any)
• Income proof: 3-month Pay-Slips (For Doctors in
Service) or Form 16A / IT Return for the last 2 years
(in the case of consultant doctors and individual
practitioners) as applicable
• Photograph: One recent passport-size photograph