HDFC Bank Doctor Loan Interest rates in Guntur
| 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 Guntur
| 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 Guntur 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
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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 Guntur
Guntur is the India State of Andhra Pradesh and it is fourth largest city of the state. It is one of the learning centres of the state, it holds historical significance, it is a textile and transportation hub of the country and it also holds agricultural importance because of the production of cotton and tobacco.
The history of Guntur dates back to the 10th century CE. It finds mention in an inscription of the Chalukyan King, Ammaraja.
The city is believed to have been ruled by the Chalukyas for a majority of the time, although there is evidence to suggest that the Nagals also ruled this city over a period of time.Guntur also has an ancient temple by the name of Agasthyaeswara Sivalayam, which is dedicated to Lord Shiva. The temple dates back to the 12th century, has some ancient inscriptions and is believed to have been built by Agastya.
Places To Be Visited In Guntur
Krishna Barrage
Krishna Barrage or Prakasam Barrage lies 18 miles from the city of Guntur. It is constructed over Krishna River all the way connecting Guntur with Krishna District.
Kotappakonda Trikutaparvattam
Originally known as Kondakavuru, this place is famously known as Kotappakonda or Trikutaparvattam meaning three peaked hill which actually lies nearby.ocated nearly 25 miles from the city of Guntur, it offers a panoramic view of majestic hills from any direction. The popular three peaks derive their name from Hindu mythology namely Vishnu, Brahma and Maheswara.
Viswa Nagar
Situated in the south-west part of the city, Viswa Nagar can be easily approached via a National Highway 5 i.e. GNT-Chennai Expressway. The place is renowned for Universal Integration Pillar and Viswayogi Viswamji.Located in the proximity is also Viswayogi Institute of Medical Sciences or VIMS.
Amaravathi
A place situated about 16 miles from Guntur is packed with a famous holy shrine and site of great historic importance. The place itself is named after a renowned temple lying in the area namely Amareswara Swamy which inhabits Swayambhu Linga. Also situated in the vicinity is an ancient Mahachaitya Stupa belonging to 2nd century AD. The most striking feature of the structure is cravings displaying life and teachings of Lord Buddha.
Mangalagiri
Mangalagiri means The Auspicious Hill. This place is one of the 8 important Mahakshetrams (sacred places) in India. The eight places where Lord Vishnu manifested himself. Thotadri is the present Mangalagiri. Lakshmi Devi has done tapas on this hill. That's why it got this name (The auspicious hill). There are three Narasimha Swamy temples in Mangalagiri. One is Panakala Narasimha Swamy on the hill. Another one is Lakshmi Narasimha Swamy at the foot of the temple. Third one is Gandala Narasimha Swamy at the top of the hill.
Kondaveedu
It is Situated on the top of the hill, the fort is source of pure admiration especially for the natural beauty surrounding it. The place also offers an ideal trail for trekking. A group of several temple located at the base of the hillock provides a captivating sight. Kathulabave and Gopunatha Temple are two of the many temples in the area.