HDFC Bank Doctor Loan Interest rates in Thanjavur
| 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 Thanjavur
| 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 Thanjavur 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 Thanjavur
Thanjavur throws light on the important historical and chronological events that had an impact on the social, political and cultural scenario during the ancient times. Thanjavur has been the cradle of civilization during the traditional period. The ancient city of Thanjavur rose to prominence in the 12th and 13th centuries under the able rulers of the Chola dynasty.
Under the patronage of the Chola kings, Thanjavur flourished in the fields of art, literature and architecture. Among the mighty rulers of the Chola dynasty, Karikala and Koccengan were the most successful administrators who helped in the development of Sangam Literature. The rulers of the Chola dynasty constructed beautiful temples and monuments that added to the grandeur of Thanjavur.
Places To Be Visited In Thanjavur
Thanjavur Royal Palace
Thanjavur Royal Palace is one of the famous historical destinations of Thanjavur which is located within the Vijayanagara Fort complex. This palace was the house of the Nayak Kings of Thanjavur and was constructed in 16th century.
Grand Anicut
A popular tourist destination, Grand Anicut is located at a distance of 47 Kms from Thanjavur. This place is known as Kallanai and is one of the oldest dams of the world. This attractive site was made in 1st Century AD on the Cauvery River by the Chola King Karikalan.
Thanjavur Art Gallery
Located within the Thanjavur Royal Palace, Thanjavur Art Gallery is a renowned tourist site of the town. This Art Gallery offers a big collection of bronze and stone statues and idols belonging to the Chola period. The Gallery reminds of 8th to 18th centuries and an idol of Raja Serfoji is the main attraction of this Thanjavur Art Gallery.
Brihadeshwar Temple
Brihadeshwar temple is one of the famous tourist attractions of Thanjavur which is also known as Rajarajesvaram and is devoted to Lord Shiva. This temple was constructed by Rajaraja Chola I in the early 11th century and was made in Dravidian style of architecture. Shivalinga is amid the prime attraction of this temple which is 2.7 m in height.
Swami Malai Temple
Swami Malai temple is at a distance of 35 Kms from Thanjavur and lies atop a 60 feet high artificial hillock. This temple is listed among the six sacred houses of Lord Murugan and others include Palani, Pazhamudhircholai, Thiruparamkundram, Thiruthani and Thiruchendur.
Airavateswara Temple
The panchayat town of Darasuram is nestled at a distance of around 3kms from Kumbakonam in Thanjavur District of Tamil Nadu. It is popular for being the abode of the 12th century old Airavateswara temple built by Rajaraja Chola II. The temple is one of the finest example of Dravidian style architecture that has now been recorded as a UNESCO World Heritage Site. It is dedicated to Lord Shiva.