Loan For Doctors

Customized Interest Rate

The principal loan amount is always charged with an interest rate. The interest rate levied on a doctor’s personal loan depends upon their medical profile and income slab. This ensures suitable interest is applied for doctors’ loans that don’t make the loan a burden to repay.

Stress-Free from Collaterals

A personal loan being unsecured has no requirement of mortgaging assets or property against a loan. This is one of the reasons why a personal loan takes less time for approval. So, even personal loan for doctors falls in the category of unsecured loans that demands no collateral for doctor’s loan sanction.

Personalized Loan Management

Instant loan apps in mobile phones enable Doctors to easily manage their loan application, documentation, and status of a loan. Checking the personal loan status for doctors’ loans through instant loan apps is an ideal way as doctors can manage to check anything related to their personal loan in minutes, not disturbing their busy schedule.

Ease of Documentation

Photocopies of mandatory documents are no longer required as documents are added in a digital format. To avail of personal loans for doctors, the borrowers have to upload soft copies or enter authorized codes given on their personal documents such as the Aadhar card number, PAN number, etc. for E-KYC verification of doctor’s loans.

Automated EMI Deduction

Once personal loan for doctors is sanctioned and disbursed, they will not have to remember the payment date of EMIs every month. Due to the automated debit option, the EMIs for doctors’ loans will be deducted automatically and payments will not be missed.