HDFC Bank Doctor Loan Interest rates in Kota
| 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 Kota
| 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 Kota 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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Dcb Bank
IDBI Bank
IndusInd Bank
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RBL Bank
State Bank of India
Standard Chartered Bank
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TATA Capital
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HDFC Limited
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Capital First
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Indiabulls Housing Finance
Religare Finvest
Yes Bank
Canara Bank
Bank of Baroda
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 Kota
Kota describes the ancient heritage of the city. As a prominent landmark of Rajasthan state of India, Kota speaks of a very enticing past. ota has completed an eventful journey which had been ornamented with a host of prehistoric and historic events. As a dwelling place of a tribal community, the city of Kota emerged as a notable business zone of the state.
The initial history of Kota states that the place was under the rule of a Chieftain called Rao Deva who belonged to the Hada community. In later years, Kota became the ruling ground of the leader of Bhil community. But in a historic battle this chieftain lost his dominion to the ruler of Bundi - Jait Singh.Maharao Bhim Singh had a significant contribution towards the historic enrichment of Kota who formed Mansabs of five thousand in the place.
Since Kota had been dominated by several powerful dynasties of the bygone era, hence the cultural arena and the social scenario of the place reflect the rich imprints of those rulers. From the majestic palaces, the exotic fortresses to the splashing waterways and the magnificent interiors of the forts, Kota is a storehouse of incredible historic treasures.From the 12th century AD to the present day.
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Places To Be Visited In Kota
Chambal Gardens
Chambal Garden, a stunning garden in the surroundings of Chambal river is the much sought after Kota sightseeing location. The garden is situated at Amar Niwas on the soft terrain of the Chambal river and surrounds a well maintained pond, a home for crocodiles. A suspension bridge offering facility to cross the pond is very beautiful. It is a park for kids and adults both. The abundance of playing field in the park makes this, one of the most popular Kota attractions.
Gagron
90 odd km away from Kota, snuggling in impressive isolation, is the fortress of Gagron. It is one of the popular places near Kota, which are visited by a good number of tourists every year. The wonderfully sculptured Jain temples lie in a serene valley of Aravalis in Ranakpur. The main temple is devoted to Tirthankara Adinath and has 29 halls maintained by 1444 pillars. Two Jain temples devoted to Neminath and Parsvanath and a Sun Temple a little distance away, are also significant.
City Palace
A blend of both Mughal and Rajasthani architecture and art, the City Palace showcases the glorious majestic history of Kota city. The City palace is one among the impressive Kota attractions that and magnetizes a number of tourists each year. The palace is decorated with impressive wall paintings, mirror walls, mirror ceilings, hanging lights and flowery decorations. Spectacular marble floorings and walls, an elegantly fashioned entrance, all these make the City Palace an excellent Kota sightseeing location. The striking garden around the palace adds to the exquisiteness of the Palace. The City Palace houses a grand museum, with a vast collection of medieval weaponary, outfits and apparels of former kings and queens, artifacts and handicrafts displaying the heritage of a splendid past.
Kota Barrage
One of the most popular place among the locals, Kota Barrage is frequented for its peaceful evenings along the riverside. Kota Barrage is a dam built on Chambal River and is located quite close to the main city.Swimming or Getting in water is strongly discouraged as there have been losses of lives in the past and proper care must be maintained. Seven Wonders Park:A newly opened park and now a premier attraction of Kota, this park has replicas of the Seven Wonders of The World including Taj Mahal, Pyramids of Egypt, Eiffel Tower, Brazil's Christ the Redeemer, Statue of Liberty and Rome's Colosseum.This park is located on the side of Kishore Sagar and the monuments look quite beautiful in the evenings with good lightings and lake in the background.
Kishore Sagar and Jagmandir Palace
Kishore Sagar is an artificial picturesque lake dating back to 1346 constructed by the Bundi Prince Dehra Deh. It located by the side of attractive Brij Vilas palace museum.A palace named as Jagmadir is located at the heart of the museum. The enchanting palace is a red sand stone monument of the grandeur days of Kota. The reflections of the exquisite palace walls and domes in the azure water of the Kishore Sagar Lake are breathtaking.