Doctors Loan is available for purchase of building for Clinic,Dispensary,Nursing home, Private hospital,Surgical Instruments, Machinery, Furniture, Fittings etc, Registered Practitioners-Doctors, Surgeons, Pathologists can avail the loan under the scheme. |
Copy of registration Certificate,Degree Certificate. | |
Copy of Clinic,Dispensary,Private Hospital registration certificate. | |
Copy of Last two years income tax return, Pan Card | |
3 Copies of Photograph | |
Address proof – electric bill /telephone bill (any one) | |
Photo proof – Pan card / Voter card / Driving license (Any one) |
Photograph ( 2 Copies ) | |
Last tax bill | |
Last income tax return copy | |
Address proof – electric bill /telephone bill (any one) As per KYC norms | |
Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms |
The Applicant has to Provide one guarantor. | |
Original documents of the property to be submitted to the bank.Registered mortgage of the property to be done in the name of bank.Bank charges will be noted in Association/Society book. | |
Valuation of the Property will be required for old property.Bank will give loan of 70% of valuation amount (For old Property) | |
Applicant will have to take insurance of the building/machinery/instruments in favour of bank | |
Applicant has to submit quotation for purchase of surgical instruments, machinery, furniture, fittings etc. Bank will keep margin of 30% on quotation amount. Applicant has to deposit margin money with the bank. Bank will issue banker cheque to dealer. | |
Loan is to be repaid with interest within 72 mothly equal instalments in case of purchase of surgical instruments/machinery. where as loan for purchase of building for Clinic,dispensary,nursing home,private hospital is to be repaid with interest within 100 monthly equal instalments. | |
Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees. | |
Applicant has to take share @ 2 % of the limit with maximum if Rs: 20,000/- |