Here’s how a doctor loan can help you grow your medical practice


Bajaj Finserv Physician Loan Can Help Healthcare Professionals Meet Their Financial Needs Easily

As a doctor in your own practice, you have the dual role of caring for patients and running a business. With the digitalization of healthcare with telemedicine, you may have a range of expansion plans in mind. Whether it’s adopting digital patient management software, installing a clinic in a new location, transforming your existing facility into a polyclinic or hospital, or upgrading your medical equipment, the capital of growth can improve your practice and help your patients.

Don’t let insufficient savings or low cash flow get in your way. Instead, you can rely on the Loan from Doctor Bajaj Finserv, personalized for healthcare professionals like you.

With it, you can fuel your entrepreneurial ambitions and reach new stages as a successful doctor. From the interest rate on a nominal medical loan to quick access to financing, here are the reasons that make the Bajaj Finserv medical loan the best choice for expanding your practice.

1. Meet simple eligibility criteria and secure high value financing for your expansion needs

Bajaj Finserv offers secure and unsecured funding to physicians based on their educational credentials and qualifications. Since these eligibility conditions are personalized for your profession, you can easily meet them. You can go for unsecured business loan without pledging any assets and get up to Rs. 42 lakh. It can help you upgrade your clinic’s software and security, hire new staff, lease or purchase medical equipment, and more. With a home loan you can avail up to Rs. 2 crores. It can help you with important changes in your clinic. You can add new wings, buy or rent new space, add a pharmacy or laboratory to your clinic or more.

Here are the easy-to-follow eligibility criteria.

*You must own a clinic or a house, or your parents must have a house in their name in a location where Bajaj Finserv operates

2. Apply for and manage the loan online to meet your busy schedule

Between your clinic visits, giving in-person and online consultations, training junior physicians, and taking on overall operations, you may find it difficult to find time for your loan application. However, with Bajaj Finserv, you can easily apply for the doctor loan online within minutes. You can also see your loan status and other account details right at your fingertips using the Customer Portal or the Bajaj Finserv app for convenience.

3. Get funds in one day and reach new professional horizons

Once you qualify for the Bajaj Finserv Doctor Loan, there are no restrictions on how you spend the money. Moreover, you can use the funds quickly as the disbursement time is less than 24 hours. Whether you want to expand the waiting room or add more treatment rooms to your clinic, invest in digital marketing or telemedicine software, you can take whatever steps you need to grow.

4. Reduce your IMEs with a Flexi loan and grow your practice with ease

Cash flow often becomes a challenge when expanding because you have to deal with huge expenses. Bajaj Finserv Doctor Loan’s Flexi installation is useful in such situations. With it, you can reduce your initial EMI by up to 45% *. This allows you to grow your practice without worrying about progressive repayment.

5. Repay over a long period and have enough cash to handle emergencies

In medical offices, emergencies can happen at any time. You may need to repair, replace or upgrade your equipment or face infrastructure expenses that cannot be put off for long. The long duration offered by the Bajaj Finserv Doctor Loan gives you the respite you need. Repayment within 8 years for a business loan and within 12 years if you have a mortgage. This, with the competition doctor loan interest rate, helps keep your IMEs within your budget.

All of these advantages make the Bajaj Finserv Doctor Loan an ideal option for you. To put your expansion plans into action, check your pre-approved offer and apply online.

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Posted: Saturday December 04, 2021 11:37 IST


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