HDFC Bank Doctor Loan Interest rates in Surat
| 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 Surat
| 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 Surat 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 Surat
Surat, is a port city previously known as Suryapur. It is the economical capital and former princely state in the Indian state of Gujarat. It is the eighth largest city and ninth largest urban agglomeration (after Pune) in India. Surat is the 3rd "cleanest city of India", and 4th fastest growing city of the world. Surat is famous for its food.
Surat is one of the most important places in the state of Gujarat. A major industrial hub, it is a city with a high standard of living. The importance of the city grows with the fact that the flourishing diamond cutting and polishing industry in Surat is the best in the world.
The history of Surat takes us back to the epic age of Mahabharata and Ramayana. According to mythological beliefs, Lord Krishna stopped in the city while his journey from Mathura to Dwarka. The Surat Port was considered important by the European traders. The British and the Portuguese waged battles against each other to gain supreme control over the trading route. The French and the Dutch also arrived in the city with merchandising objectives. The great Maratha warrior Shivaji attacked the city several times to usurp its wealth. In the beginning of the nineteenth century, the British gained overall control over the city. Since then, the city witnessed plenty of movements and agitations against the English atrocities. It has contributed a lot to the freedom movement of the country. Surat reorganized itself after the independence and soon emerged as one of the significant cities in India.
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Places To Be Visited In Surat
The Old Fort
The Old Fort is one of the popular tourist attractions in Surat. This fort of Surat has close association with the history of India. In the 14th century, the Old Fort has been constructed. Muhammed Tughlak, the then ruler took the initiative to build this fort in Surat.The Old Fort in Surat had been built by Tughlak as a fortification against the attack of Bhils. Bhils, were local tribal people of this region who rose against the Mughal ruler of India.The Old Fort is not merely a tourist spot in Surat but it has a historical importance. Surat has been always a witness to many incidents that are historically important.
SMC Building
Surat Municipal Corporation Moguls Emperor Shahjahan has constructed this historical monument in the year 1644. Initially it was utilized as residence of Officer and Foreign tourists. The freedom fighters of 1857 were jailed over here. In the year 1867 the offices of Municipal Corporation was shitted there and since then it is used as an office of Surat Municipal Corporation.
Narmad Library
It has been built up in the memory of famous Gujarati poet Narmad in the year 1991 at Ghod dod road one of the posh localities of modern Surat city. It has a wealthy collection of 1,50,000 books. The library has different sections like reading room, reference room, adult section and children section. The library is surrounding by beautiful garden.
Dumas Beach
Dumas beach is a very popular destination situated at a distance of 18 km from Surat city. Due to high iron concentration, the sand takes an almost eerie black color, which is a probable reason why there are haunted stories of Dumas Beach.
Ambika Niketan Temple
Ambika Niketan Temple, situated on the banks of River Tapti, was built in the year 1969. The temple is dedicated to Mother Goddess, who is in the form of Goddess Ashtabhuja Ambika.
Chintamani Jain Temple
Chintanamani Jain Temple is an ancient temple situated near Rani Talab in Surat. This 400 year-old Jain temple is famous for its vegetable dye paintings of Jain preacher Acharya Hemchandra, Solanki King and King Kumarpala.
Sardar Patel Museum
The Sardar Patel Museum was established in the city of Surat in the year 1890 and has since then has been highly recommended by the people, maintaining a popular position.