HDFC Bank Doctor Loan Interest rates in Dehradun
| Up To 10,00,000 | 10,00,000 To 30,00,000 | |
|---|---|---|
| Doctor Loan Balance Transfer from others | 12.99% | 12.99% |
| Salaried Doctor | 14.15% | 14.50% |
| Self Employed Professional Doctor | 14.15% | 14.50% |
Features of HDFC Bank Doctor Loan Dehradun
| Type | Features |
|---|---|
| Processing Fee | Upto 2.50% |
| Pre Closure Charges | 2.0% |
| Part Payment Charges | Allowed |
| Min Tenure | 1 Years |
| Max Tenure | 5 Years |
| Min Age | 25 Years |
| Max Age | 65 Years |
| Min Loan Amount | Rs.50,000/- |
| Max Loan Amount | Rs.50,00,000/- |
HDFC Bank Doctor Loan Dehradun Charges
| Type | Charges |
|---|---|
| E M I Bounce Charges | Rs.550/- per bounce |
| Penal Interest | @ 24 % p.a |
| Duplicate Statement Charges | Nil |
| Insurance Cover | Yes |
| Cheque Swapping Charges | Rs 500/- |
| Issue Amortization Schedule Duplicate | Nil |
| C I B I L Report Issuance Charges | Rs.50 Per Copy |
| N O C Issuance Charges | Nil |
| Duplicate N O C Issuance Charges | Nil |
| Loan Cancellation Charges | Nil |
| Non Standard Repayment Charges | Not Applicable |
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
HDFC Bank Doctor Loan FAQ's
What are the loan tenure options for Doctor Loan?
You can repay your loan over a period of 12 to 60 months
What security do I need to provide to obtain Doctor Loan?
To obtain the loan, there is absolutely no need to provide any security or collateral.
How do I repay my Doctor loan?
You pay the loan in equal monthly instalments (EMIs). The loan will be paid through post-dated cheques. You can also pay through Electronic Clearing System (ECS ) or a standing instruction to debit your HDFC Bank account with the EMI amount
How much loan can I avail of for Doctors?
You can avail of a loan from Rs 50,000/- to Rs 50,00,000/- depending on your income, repayment capacity and respective location product cap.
What are the benefits of having a Current/Saving Account for my Loan to Doctors?
You get preferred Processing Fee, priority processing and simpler documentation if you have a Current/Saving Account with HDFC Bank. This is taken into account at the time of disbursal of the loan. You can pay through Standing Instructions to debit your HDFC Bank account with the EMI amount.
About HDFC Bank
According to the Brand Trust Report 2014, HDFC was ranked 32nd among India's most trusted brands. HDFC was ranked 45th on the list of top 50 Banks in the world in terms of their market capitalization.
HDFC Bank Highlights
About Other Banks
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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 Dehradun
"Dehradun is situated between the two most important rivers in India, Yamuna and Ganga. This bustling town is home to the
Indian Militiary Academy and the Forest Research Institute. Dehradun is often touted as the ""Gateway to Mussoorie"", owing to its close proximity to the spellbinding hill station.
A popular summer retreat, Dehradun is charming to say the least. With a fascinating history related to the Mahabharata, Dehradun has found a special mention in Hindu mythology and epics.
Dehradun finds a place of mention in the Skanda Purana as Kedar Khand--Lord Shiva's abode. It is believed to be one of the
oldest cities in India, one where Lord Rama and his brother Lakshman served penance for killing Ravana.Blessed with astounding natural beauty, Doon Valley is one of the oldest cities in India. Known for its temples, educational centers,
culture and scenic views, Dehradun is a crowd puller. The growing capital city of Uttarakhand, is a symbol for adventure, beauty,serenity and culture."
Other Cities Loan Offers
Places To Be Visited In Dehradun
Sahastradhara
The name Sahastradhara literally means ‘The Thousand Fold Spring’ is a popular tourist destination in Dehradun. It comprised of waterfalls, caves and steppe farming lands and provides a totally marvelous and rejuvenating experience to its visitors. The name is due to the water that drips from the limestone stalactites in the caves and its waterfalls.
Tiger Falls
Located at a height of 1400 meters above sea level, the Tiger Falls are 50 meters high waterfalls. The waterfalls are situated amidst a picturesque setting of dense forests at the foothills of the Himalayas. The water converges into a small pond which provides a perfect setting for an outing with friends and family.
Mindrolling Monastery
Founded in 1965, The Mindrolling Monastery houses the Ngagyur Nyingma College which is one of the largest Buddhist learning centers in India. The monastery is a re-established facility of the original Mindrolling Monastery and was established by Khochhen Rinpoche. The well maintained gardens and a 60 meters high stupa and contains various rooms which are decorated with murals and house various relics and a 35 meters high statue of Lord Buddha in Gold.
Tapovan
Tapovan is known to be the place the Guru Dronacharya performed his penance according to the Hindu epic Mahabharatha. The place is located on the banks of the River Ganges and is considered to be a major pilgrim spot. Tapovan is also known for its amazing meadows known as Nandavan which are trekked by various pilgrims and trekkers.
Robber’s Cave
The 600 meters long river cave (Robber’s Cave) is known by the locals asGucchupani. The cave is divided into two main parts with its highest fall being 10 meters long. The place is known for its unique natural phenomenon known as the disappearing stream. The place was believed to be used by the robbers to hide during the British Raj hence owing to its name.
Rajaji National Park
Spread over a massive 820 sq kilometers of land, the Rajaji National Park falls in a region shared by 3 districts, Dehradun, Haridwar and Pauri Garhwal in the state of Uttarakhand. The reserve consists of subtropical and tropical moist broadleaf forests that house a plethora of wildlife, birds and fish species. It is also a major habitat of the Asian elephant and the Bengal Tiger in India.