ICICI Bank Doctor Loan Interest rates in Vellore
| 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 Vellore
| 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 Vellore 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.
ICICI Bank Highlights
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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 Vellore
Vellore is a city and the administrative headquarters of Vellore District in the South Indian state of Tamil Nadu. Located on the banks of Palar River in the north-eastern part of Tamil Nadu. This is the third most popular district in Tamil Nadu.
In the 18 th Century Vellore was the scene of some of the decisive bettles fought in Ambur (1749) A.D Arcot (1751) A.D and Vandivasi (1760A.D) as a result of the long-drawn struggle between the English and the French for Supremacy.The fort is one of the most perfect specimens of Military architecture in India.The Jalakandeswarar Temple inside the fort is very fine example of Vijayanagar architecture. The Kalyanamandapam, on the left of the entrance, with intricate caring and delicacy of exaction, bears testimony to the engineering marble and advanced state of sculpture of the times.
Places To Be Visited In Vellore
Vellore Fort
Vellore Fortwas built during the 16th century AD by the Aravindu Dynasty of the Vijaynagar Empire. Later the fort’s ownership passed through the various dynasties like the Marathas, Bijapur Sultans, the Carnatic Nawabs and the British. The massive ramparts and moats have made the fort a strategic location, it was also known to have Tipu Sultan’s family and the last king of Sri Lanka as prisoners during the time of the British. The fort complex contains a church, a temple and a mosque.
Jalakandeswarar Temple
Jalakandeswarar Temple is located within the Vellore fort complex and is dedicated to Lord Shiva. The Temple is one of the amazing specimens of the Dravidian architecture and houses one of the most intricately carved stone pillars. The temple also has a huge 7 tiered gopuram and adorned with various intricate carvings.
Srilakshmi Golden Temple
Located in a Temple town called Sripuram, the Srilakshmi Golden Temple is also known by the name Lakshmi Narayani temple. The amazing feature of the temple is pretty evident as the whole structure is coated in gold leaf. The gold plated sheets cost a whopping 65 million US dollars and the amount of the gold used is a massive 1500 kilograms. The temple is indeed a modern architectural marvel.
Vainu Bappu Observatory
Located at an altitude of 700 meters above sea level the Vainu Bappu Observatory is an astronomical observatory and often called as the telescope city. The observatory is located in a 100 acre forest and has a 93 inch telescope, the largest in Asia. The observatory has been famous for various groundbreaking scientific theories and discoveries.
Yelagiri
Located at an average altitude of 1,410 meters above sea level, Yelagiri is a small hill station in Vellore. The town is located in the middle of flowery meadows, tea estates and orchards. The various lakes and waterfalls in Yelagiri attract a huge number of tourists. The place is also famous for various trek routes and adventure sports such as Paragliding and rock climbing.
Delhi Gate (Vellore):
The Delhi Gate is one of the most important historical monuments in Tamil Nadu. The gate used to function as an entrance to an 18th century fort built by Daulat Khan Panni a governor under the Mughal Empire. The site has seen a number of important historical battles and the most famous Seige of Arcot led by the famous British officer Robert Clive. Being a city with one of the richest cultural heritage in India, Vellore is a city made in gold.