Capital First Doctor Loan Interest rates in Madurai
| Up To 30,00,000 | 30,00,000 Above | |
|---|---|---|
| Hospital | 13.00% | 12.50% |
| Salaried Doctor | 13.00% | 12.50% |
| Self Employed Professional Doctor | 13.00% | 12.50% |
Features of Capital First Doctor Loan Madurai
| Type | Features |
|---|---|
| Processing Fee | 1% |
| Pre Closure Charges | 3% |
| Part Payment Charges | Allowed |
| Min Tenure | 1 Years |
| Max Tenure | 4 Years |
| Min Age | 24 Years |
| Max Age | 55 Years |
| Min Loan Amount | Rs.5,00,000/- |
| Max Loan Amount | Rs.75,00,000/- |
Capital First Doctor Loan Madurai Charges
| Type | Charges |
|---|---|
| E M I Bounce Charges | Rs. 750 per Bounce |
| Penal Interest | @24% Per Annum |
| Duplicate Statement Charges | Nil |
| Insurance Cover | 0.8% on Loan amount |
| Cheque Swapping Charges | Rs. 500/- |
| N O C Issuance Charges | Nil |
| Duplicate N O C Issuance Charges | Nil |
| Loan Cancellation Charges | Nil |
Documentation For Doctor Loan
For Salaried Persons
- Filled Application form
- Identity Proof (PAN CARD)
- Qualification Proof
- Address Proof
- Own House Proof
- Latest 3 months Pay-slips
- 2 Passport Size color Photographs
- 6 months Bank Statements
- 3 Post Dated Cheques/ECS Mandate
For Self Employed/Professionals
- Filled Application form
- Identity Proof
- Address Proof
- Qualification Proof
- Last 2 years Income Tax Returns
- Professional/Self employed existence proof for more than 3 years
- 2 Passport Size color Photographs
- 6 months Bank Statements
- Filled Application form
- 3 Post Dated Cheques/ECS Mandate
Identity Proof For Doctor Loan
- Passport
- Driving License
- PAN card
- Photo credit card (with embossed Signature and last two months statement)
- Banker's sign verification
Age Proof For Doctor Loan
- PAN Card
- Passport
- License
- School leaving certificate
- Voter card
- Birth Certificate
- LIC policy (only for age Proof)
Address Proof For Doctor Loan
- Passport
- Telephone bill (BSNL/MTNL)
- Electricity bill
- Title deed of property
- Rental agreement
- Driving license
- Election ID card
- Photo-credit card (with last two month statements)
Job Continuity Proof For Doctor Loans
- Form 16 (For Individuals)
- Appointment Letter (for last two months)
- Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)
Banking History For Doctor Loan
- Bank statements of latest 2 months
- 3 months bank passbook
Qualification Proof For Doctor Loan
- Graduate or Post Graduate qualification certificate
- IMA (Indian Medical Association) membership number
- Any other registrations allowed by Indian Government.
Own House Proof For Doctor Loan
- Sale deed of Property with own name
- Property Tax receipt with own name
- Electricity bill with own name
Capital First Doctor Loan FAQ's
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Who are Eligible For Doctor Loans?
Following are eligible for Doctor Loans:
MBBS, BDS Graduate Doctors - Minimum 5 years of experience (Post qualification)
MD, DM, MS, MCH, MDS Post Graduate Doctors having Minimum 4 years of Experience (Post qualification)
Individual doctors employed with reputed Government or Private Hospitals in India
Self employed doctors who own a hospital, a nursing home, a Clinic in India.
Consulting doctors with leading hospitals in metro cities in India.
Hospitals in form of Proprietorship/Partnership and Private Limited companies
Eligibility and Documentation For Doctor Loan
Rate of Interest will be based on bank/financial Institutions internal policies and terms. Generally Bank account conduct, reputation of the entity, repayment capability, credit history, Promoters Back ground and other credit related factors which can be evolved for Doctor Loans.
Limit: Doctor Loans can be availed from Rs. 5 Lakhs to Rs. 75.0 Lakhs
Age: Minimum of 26 years and Maximum of 60 year on maturity of the Loan amount.
Tenure: 12 - 48 months
Doctor Loan Pros
Doctor Loan Cons
Expert Advice
Best Practices for Doctor Loan
Things not to do for Doctor Loan
Important points to be remember for Doctor Loans
As a experienced individual doctor, you need to avail a doctor loan funds so as to open a clinic and begin practicing. There are certain eligibility situations that need to be noted while avail the Doctor Loans.
About Madurai
Madurai is a major city in the Indian state of Tamil Nadu. Madurai is the third largest city population in Tamil Nadu, and is the 25th populated city in India Located on the banks of River Vaigai, Madurai has been a major settlement for two millennia and is one of the oldest continuously inhabited cities in the world.
The history of Madurai is 3rd century BC. It became an important trading center and had trading relations with as far as Rome and Greece. Madurai flourished under the Pandiya rulers till the 10th century AD. However, in the year 920 AD, the Cholas defeated the Pandiyas and captured Madurai. hey continued to reign over this place for the next three centuries. The Pandiyas once again came back to power in the year 1223 AD.
Thirumalai Nayak was ruled from 1623 to 1659. Madurai finally fell into the hands of the British in 1781, when George Procter became the first collector of this city.
Places To Be Visited In Madurai
Sri Meenakshi Temple
The Sri Meenakshi Temple is considered to be a wonderful piece of art. The ideal time to visit the Sri Meenakshi Temple of Madurai is from October to March and again from April to May. The Sri Meenakshi Temple at Madurai is actually a conglomeration of many small corridors and temples. This temple is considered a very sacred site by the Hindu devotees. The temple is unique as it has dual shrines meant to pay homage to a god and a goddess closely associated with the Hindu religion. The temple has been dedicated to Lord Sundareshvara, i.e., Shiva and Meenakshi. Lord Sundareshvara is actually the Hindu God for cosmic dance.
Thirupparankundram Temple
The Thirupparankundram Temple is one of the most commonly visited places of interest in Madurai. This temple is of special interest to those who are hardcore devotees of the Hindu religion. It is situated at the top of a hill. It is located at a distance of about 8 km towards the south of the railway junction of Madurai.
Mariamman Teppakulam
The Mariamman Teppakulam is one of the most popular places of interest in Madurai. It is actually a big temple tank, which is situated quite close to another important tourist attraction of the city called the Meenakshi temple. The distance between the Meenakshi Temple and the Mariamman Teppakulam is only 5 km.
Gandhi Museum
The Gandhi Museum is one of the well known places of interest in Madurai. This museum is of special significance to the tourists who take special interest in everything related to history.
Thirumalai Nayak Palace
The Thirumalai Nayak Palace is one of the most popular places of interest in Madurai. This palace represents art in the Indo-Saracenic style. This tourist attraction is particularly popular among the tourists who take a lot of interest in historical structures.