HDFC Bank Doctor Loan Interest rates in Tiruchirappali
| 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 Tiruchirappali
| 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 Tiruchirappali 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 Tiruchirappali
Tiruchirappalli is a city in the Indian state of Tamil Nadu and the administrative headquarters of Tiruchirappalli District. It is the fourth largest municipal corporation and the fourth largest urban agglomeration in the state. The city is an important educational centre in the state of Tamil Nadu, and houses nationally recognised institutions such as the Indian Institute of Management (IIMT), Indian Institute of Information Technology (IIIT) and National Institute of Technology (NITT). Industrial units such as Bharat Heavy Electricals Limited (BHEL), Golden Rock Railway Workshop and Ordnance Factory Tiruchirappalli (OFT) have their factories in Tiruchirappalli. The presence of a large number of energy equipment manufacturing units in and around the city has earned it the title of "Energy Equipment and Fabrication Capital of India".
Tiruchirappalli is internationally known for a brand of cheroot known as the Trichinopoly cigar, which was exported in large quantities to the United Kingdom during the 19th century.Tiruchirappalli is one of the oldest inhabited cities in Tamil Nadu; its earliest settlements date back to the second millennium BC.Uraiyur, the capital of the Early Cholas for 600 years from the 3rd century BC onwards, is a suburb of present-day Tiruchirappalli.The city is referred to as Orthoura by the historian Ptolemy in his 2nd-century work Geography.The world's oldest surviving dam, the Kallanai, was built across the Kaveri River by Karikala Chola in the 2nd century AD.
Places To Be Visited In Tiruchirappali
Kallanai Dam
Kallanai Dam is one of the major attractions in Tamil Nadu which was built nearly 2000 years ago. The Kallanai Dam was built by the Cholas in the 2nd century AD and is one of the oldest functioning water diversion structures in the world which are still in use. The place is located in peaceful and lush green vicinity and is a great picnic spot.
Puliancholai Falls
The Puliyancholai Falls are one of the most amazing picnic spot you can visit in the ancient town of Tiruchirappalli. The falls are a terrace waterfall located in a very serene and calm environment. The calm scenery which can be encountered during your commute is an amazing experience and will refresh your senses for sure.
Government Museum
The Government Museum in Tiruchirappalli is one of the most sought after tourist destinations. It is situated at a distance of 40 km from Trichy near the Pudukkottai station. The museum is home to a unique and interesting collection of objects related to Zoology, Paintings, Geology, Anthropology, Epigraphy and History of the state.
Viralimalai Sanctuary
If you love nature then the Viralimalai Sanctuary is just the right place for you. Viralimalai is a quaint little town located near Tiruchirappalli which is popular for the spectacular Murugan temple and the captivating Peacock Sanctuary. The village attracts tourists and pilgrims from all parts of the country. The sanctuary is simply a treat to the eyes as it promises sights of numerous wild peacocks roaming around and dancing freely.
Rock Fort Temple
The Rockfort or Ucchi Pillayar Koil is one of the most important tourist spots in Trichy. The Rock Fort Temple is located at the top of a huge rock in Trichy. The complex is home to two prominent Hindu temples constructed in the 7th century. One temple is dedicated to Lord Shiva and the other is dedicated to Lord Ganesh. The rock on which this temple complex is situated is believed to be one of the oldest in the world.
Sri Ranganathaswami Temple
The Sri Ranganathaswamy Temple is another significant place of interest in Trichy. It is located in Srirangam which is situated at a distance of 7 km from Tiruchirapalli, Tamil Nadu, India. The temple is a popular Hindu pilgrimage center in India. The temple is one of the foremost abodes of Lord Vishnu. Constructed in true Dravidian style of architecture the temple finds mention in the early medieval literature of the state.
Tiruvanaikkaval or Jambukeswara Temple
The Tiruvanaikkaval is also a marvelous Hindu temple in Trichy. Situated just 2 km from Srirangam the Tiruvanaikkaval temple is dedicated to Lord Shiva. The temple attracts millions of devotees every year on the occasion of Shivratri.