ICICI Bank Doctor Loan Interest rates in Rajkot
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 Rajkot
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 Rajkot 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 Rajkot
Rajkot is the fourth largest city in the state of Gujarat, India, after Ahmedabad, Surat, and Vadodara. Rajkot is the centre of the Saurashtra region of Gujarat. Rajkot is the 35th-largest urban agglomeration in India, with a population more than 1.2 million as of 2015.
Rajkot is the seventh cleanest city of India. Rajkot is also the 22nd-fastest-growing city in the world. The city contains the administrative headquarters of the Rajkot District, 245 km from the state capital Gandhinagar, and is located on the banks of the Aji and Nyari rivers. Rajkot was the capital of the Saurashtra State from 15 April 1948 to 31 October 1956, before its merger with Bombay State on 1 November 1956. Rajkot was reincorporated into Gujarat State from 1 May 1960.
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Places To Be Visited In Rajkot
Karba Gandhi No Delo / Mahatma Gandhi House
he Karba Gandhi No Delo is the house of the Mahatma Gandhi where he lived from the age of six. The Mahatma Gandhi House has a good collection of things related to the Mahatma Gandhi's life. The Mahatma's Passion for the handloom is preserved in the form of a small weaving school.
Lal Pari Lake and Randerda
Lal Pari Lake and Randerda is a picturesque picnic spot, situated about 5 kms. from Rajkot.
ISKCON Temple
ISKCON is stand for The International Society for Krishna Consciousness which is widely known as the ‘Hare Krishna Movement’ in the western countries. This community was founded by A. C. Bhaktivedanta Swami Prabhupada in New York in 1966 for the promotion of Bhakti in English speaking countries. It is one of the most popular religious places in the city.
Watson Museum
The Watson Museum and Library commemorates the work of Colonel John Watson, political agent from 1886 to 1889. It is a jumbled attic of the collection with the 3rd century inscriptions and a delicate ivory work overseen by a marble statue of Queen Victoria. The Watson Museum has collection of precious objects of colonial period, human history and culture, and History of Rajkot.
Aji Dam
Aji Dam is one of the most important water supplies of the city. There is a beautiful garden, zoo and children’s park outside the dam. So, you can enjoy with your family members here full day without paying anything. You can easily reach here from the city center, Rajkot. There are various private auto-rickshaws as well as city bus available from various locations of the city.
Wankaner
Wankaner is situated about 25 kms. from Rajkot. The Raja of Wankaner came to a political arrangement with the East India Company in 1807. It was then left largely to its own devices through the 19th century. Maharaja Amar Singhji introduced wide ranging reforms. He was also responsible for building the Ranjit Nilas Palace, visible from miles across the plains. It is built in a variety of European and Indian styles. Today it is run by Maharaja Rajasaheb Pratapsinghi as a guesthouse.