Doctor Loan Eligibility Criteria: Documents and Requirements You Must Know
Doctors in India often need financial support to grow their practice, invest in modern equipment, or even meet personal expenses. A doctor loan is a tailored solution that provides high-value funding at competitive interest rates. However, before applying, it is essential to understand the doctor loan eligibility criteria and the documents required for approval. This blog covers the key requirements and documentation checklist every doctor should know before applying. What is a Doctor Loan? A doctor loan is a type of professional loan created exclusively for medical practitioners like MBBS, MD, BDS, BAMS, and BHMS graduates. Unlike standard personal loans, these are designed keeping in mind the financial credibility and professional stability of doctors. Doctors can use these loans for: Clinic or hospital setup and renovation Purchasing advanced diagnostic or surgical equipment Managing operational expenses Meeting personal financial commitments such as education or weddings D...