HDFC Bank Doctor Loan Interest rates in Jamshedpur
| 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 Jamshedpur
| 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 Jamshedpur 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.
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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 Jamshedpur
"Jamshedpur is situated on the Chota Nagpur Plateau in the East Singhbhum District of Jharkhand. Previously, it was under the township of Sakchi, which was re-named Jamshedpur in 1919. As the town is home to a large steel industry, Jamshedpur is called the ‘Steel City’. Since it was founded by the late Jamshedji Nusserwanji Tata, it is also called Tata Nagar.Jamshedpur is a planned industrial city, surrounded by the Dalma Hills and the rivers Subarnarekha and Kharkai. It is also home to the Tata Football Academy (TFA), which was started in 1987 by the Tatas to train and find new talent in football. Jamshedpur is also known for the Tata Archery Academy.
Jamshedpur won the 2004 Global Compact City award by the United Nations for being one of the fastest developing cities in the world.At the end of 19th century, Jamsetji Tata met steelmakers in Pittsburgh to get the most advanced technology for his plant. It is said that he got the idea of building a steel plant when he heard Thomas Carlyle declaring that ""the nation which gains control of iron soon acquires the control of gold"" in a lecture in Manchester.[8] At the turn of the twentieth century, Jamshetji Tata asked geologist Charles Page Perin to help him find the site to build India's first steel plant. The search for a site rich in iron, coal, limestone and water began in April 1904 in today's Madhya Pradesh."
Other Cities Loan Offers
Places To Be Visited In Jamshedpur
Jayanti Sarovar
Jayanti Sarovar is situated inside Jubilee Park, which was inaugurated in 1956. The park is home to an impressive variety of roses. Children can have a great time here as there are swings, skating rides, see saws and windmills. The illuminated fountains add charm to the scenic park.
Bhuvaneswari Temple
Located at an altitude of 500 feet above sea level, Bhuvaneswari Temple attracts everyone regardless of the faith one believes in. Constructed on top of the hill closer to Tatanagar Railway Station, the views of the industrial city, villages around and the lush greenery are spectacular.
Tata Steel Zoological Park
Tata Steel Zoological Park situated inside the Jubilee Park is home to a wide range of flora and fauna. Bird watchers love this place as migratory birds are viewed here in winters. Safari rides take you through the woods so that you can view animals in their natural environment and not caged.
Dalma Hills
At an altitude of 3000 ft above sea level and just 13 km from Jamshedpur, Dalma Hills is one of the most frequented tourist destinations in the land. The views from the hills are spectacular. The dense forests, wildlife sanctuary and Lord Shiva temple attract tourists in great numbers. The serenity of the hills makes it a perfect place for unwinding. Adventure seekers are not disappointed as well. Since there is scope for trekking and mount climbing, the more adventurous minds do not allow themselves to be tied down by its stunning beauty.
Jubilee Park
Gifted by Tata Steel, Jubilee Park covers an area of 225 acres. It was inaugurated in the year 1956. With Vrindhavan Garden in Mysore as the inspiration behind its construction, Jubilee Park delights the visitors with its stunning landscape. The three colored fountains look stunning in the evening when illuminated. Well maintained trees and flowerbeds make this place exceedingly beautiful. Some of the sections in the park include Rose Garden, Smriti Udyan, Tata Steel Zoological Park and Foliage Park.
Dimna Lake
Dimna Lake is located in a picturesque setting at the foot of the famous Dalma Hills and near Dalma Wildlife Sanctuary. The lake was constructed by Tata Steel as a water reservoir to serve the needs of its industry as well as the city. The lake looks stunning with the shadows of the majestic hills and the dense trees around. An ideal place for a morning walk and you may be inspired by those who perform various yoga poses here under the shadows of the trees. Sunrise and sunset views are amazing. It is generally advised against visiting this place in the noon and in late evenings when the crowd is thin.