ICICI Bank Doctor Loan Interest rates in Cuddalore
| Up To 10,00,000 | 10,00,000 Above | |
|---|---|---|
| Salaried | 12.50% | 13.00% |
| Self Employed Professional Doctor | 12.75% | 13.25% |
Features of ICICI Bank Doctor Loan Cuddalore
| Type | Features |
|---|---|
| Processing Fee | upto 2.25% |
| Pre Closure Charges | Nil |
| Part Payment Charges | Allowed |
| Min Tenure | 1 Years |
| Max Tenure | 5 Years |
| Min Age | 24 Years |
| Max Age | 55 Years |
| Min Loan Amount | Rs.5,00,000/- |
| Max Loan Amount | Rs.30,00,000/- |
ICICI Bank Doctor Loan Cuddalore Charges
| Type | Charges |
|---|---|
| E M I Bounce Charges | Rs. 500 per Bounce+S.T |
| Penal Interest | @24% Per Annum |
| Duplicate Statement Charges | Free |
| Insurance Cover | Upto Loan Amount |
| Cheque Swapping Charges | Rs. 500 |
| Issue Amortization Schedule Duplicate | Rs. 200 |
| N O C Issuance Charges | Free |
| Duplicate N O C Issuance Charges | Nil |
| Loan Cancellation Charges | Nil |
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
ICICI Bank Doctor Loan FAQ's
About ICICI Bank
The Bank provides a range of commercial banking and project finance products and services, including loan products, fee and commission-based products and services, deposit products and foreign exchange and derivatives products to corporations, middle market companies and small and medium enterprises in India. Its commercial banking operations for retail customers consist of retail lending and deposit taking and distribution of third party investment products. It also offers agricultural and rural banking products.
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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 Cuddalore
Cuddalore is a city which is the headquarters of the Cuddalore District in the south Indian state of Tamil Nadu. Scholars believe the name Cuddalore is derived from Koodalur, meaning confluence in Tamil. While the early history of this district remains unclear, the town first rose to prominence during the reign of Pallavas and Medieval Cholas. After the fall of Cholas, the town was ruled by various dynasties like Pandyas, Vijayanagar Empire, Madurai Nayaks, Thanjavur Nayaks, Thajavur Marathas, Tipu Sultan, French and the British Empire. Cuddalore was the scene of Seven Years' War and the Battle of Cuddalore in 1758 between the French and British.
It has been a part of independent India since 1947. During the 2004 Indian Ocean earthquake,it had been subject to a number of foreign powers including the Netherlands, Portugal, France and more recently, the British. In the early 17th century the Dutch obtained permission from the ruler of Cuddalore to build a fort there, but political pressure from their Portuguese rivals forced them to abandon it. Later, the French and English came to Cuddalore for trade and business.
Places To Be Visited In Cuddalore
Padaleeswarar Temple
Padaleeswarar Temple, which is dedicated to Lord Shiva, who was also named as Padaleeswarar, is situated in Cuddalore. This temple was built during the medieval Chola and Pallava periods. It is believed that Saivism was adopted by the Saivite saint Appar at this temple.
Sea Port
Sea Port is located at the confluence of Paravanar and Gadilam rivers, which is also known as Cuddalore Port. Various ships anchor in the mid stream at a distance of about 1.6 km from the shore and the cargo is discharged and loaded through lighters.
Fort St. David
Fort St. David, located in the town of Cuddalore, was a British Fort. This fort was bought from the Marathas in 1690 by the British East India Company. The fort became the British headquarters for Southern India in 1746, and in 1756, Robert Clive was the governor of Fort St. David.
Silver Beach
Silver Beach, in Devanampattinam, is situated in the eastern side of Cuddalore and is visited by a number of travellers. The beach provides tourists an opportunity to indulge in various activities such as horse riding and boating. Moreover, the beach also houses a boat house and a children's play area. It is the second long beach on Coromandel Coast and is considered to be one of the longest sea beaches in Asia.
Natrajar Temple
Natrajar Temple is dedicated to Lord Shiva Nataraja and Lord Govindaraja Perumal and is spread over 40 acres of land. The temple showcases the Dravidian style of architecture and has beautiful sculptures engraved on the walls. It also has a gopuram, out of which the east gopuram is the oldest. One of the major attractions of the temple is the Hall of Dance. The temple was reconstructed by the Pallava king, Simhavarman.
Pichavaram Mangrove Forest
Pichavaram Mangrove Forest, which is located in Pichavaram in the Cuddalore District, is the second largest Mangrove forest in the world. It is situated around 14 km from Chidambaram and comprises 177 species of birds belonging to 41 families and 15 orders. Tourists can spot local, residents, true migrants and migrant birds in this forest including watersnips, egrets, herons, cormorants, pelicans and others.