ICICI Bank Doctor Loan Interest rates in Hubli
| 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 Hubli
| 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 Hubli 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 Hubli
"Hubli or Hubballi, as it is sometimes called, is located in the Indian state of Karnataka. The town is the headquarter of the South Western Railway Zone and is also one of the key producers of cotton and peanuts in the country. The term Hubballi literally translates to the ‘flowering creeper’ and refers to a kind of plant specific to the area.Hubli was under Maratha control for most of the 18th century, but after the British landed in the country, they took over Hubli in 1817.
The part of Hubli which was taken over by the British is now the old Hubli which has the Jaina Basti and the Bhavanishankar Temple.Old Hubli is also known as the Rayara Hubli and it is a major trading centre of Hubli for cotton, iron and saltpetre. Under the British rule, a factory was also opened here which led to the industrialisation of the area.Hubli is largely a trading centre of Bangalore with rapid industrial development taking place because of the concerted efforts of the government.A recent developmental effort by the government in the region includes the setting up of the Hubli Software IT Park. It has been set up to promote the IT/ITes industry in the region. Despite the industrialisation, Hubli still maintains some of its old world charm and has some places of interest."
Other Cities Loan Offers
Places To Be Visited In Hubli
Banashankari Temple
The Banashankari Temple was built in the 13th century by the Chalukyas. Once again the temple is a marvelous example of the Chalukya period art and stone sculpting prowess. It is a stone carved masterpiece and is dedicated to the Hindu deity Shiva. The temple pillars are marvelously carved out of granite and are currently undergoing restoration.
Satoddi Falls
Satoddi Falls is one of the most famous waterfalls in the state of Karnataka. Located about 75 kilometers from Hubli, Satoddi Falls is known for its peaceful environment and beautiful surroundings. It is a blend of different streams flowing near Kallaramarane Ghat. The water falls from an altitude of 50 feet into a huge pond. The water eventually flows to the Kodasalli Dam into the mystical river of Kali. The surrounding greenery and forests add to the beauty of Satoddi Falls. The best time to visit these falls is between November and April. It is best to avoid visiting the falls during the monsoon season, as the roads can get very uneven.
Nrupatunga Hill
Nestled in the Unakal Hill, the Nrupatunga Hill is a small hillock and picnic spot in Hubli. The hillock serves as an excellent view point and a great escape point from the bustle of the city area.
Navagraha Teertha
Navagraha Teertha is one of the major pilgrim spot for the Jain community in India. The temple features a 61 foot tall idol of the Shri 1008 Bhagavan Parshvanath and the smaller statues of the other 8 Jain teerthankaras. The statue is the tallest statue of the Jain deity in India and weighs 185 tons.