Loan for Doctors

Processing Fee -   1% + GST

Interest Rate -   7 % p.a.

Loan for Doctors

Development of healthcare in the North Eastern Region by providing financial assistance in the form of term loan for setting up/expansion/modernization/purchase medical equipment, clinic, expansion of existing premises and other activities related to medical profession.


  • Qualified Doctors (MBBS/ BAMS/ BDS/ BHMS/BUMS) & registered practitioners, having minimum qualification including Radiologist and Pathologist
  • Individuals/ Partnership/ Ltd Liability Partnership/ Pvt.Ltd. Co/Ltd. Co/ Trust

  • Photo identity and Address proof : As per RBI defined KYC guidelines.
  • Business Proof : Trade License/MOA & AOA/GST Registration/ITR, Partnership Deed etc. as per applicability.Trade License/MOA & AOA/GST Registration/Income Tax Retrun, Partnership Deed and other documents as per applicability.
  • Additional documents may be collected during the loan application process as per actual requirement.

 Key Features

Rate of Interest

7% p.a


Upto 84 months

Nature of Assistance

Term Loan

Upfront Fee

1% of the Loan amount


  • First charge on current assets including book debts both present and future.
  • First charge/ hypothecation on the plant and machinery, misc. fixed assets, other movable assets created out of the loan both present and future.
  • Personal Guarantee of the Promoter (s)/ Guarantor(s).
  • Coverage under CGTMSE for all proposals / collateral security as required.
  • Applicable CGTSME fee (AGF/ASF) as applicable, to be borne by the promoter.

 Other Terms & conditions

  • Extent of Assistance: Maximum 75% of the project cost
  • Promoter’s Contribution : Minimum of 25% of the Project Cost.

Key Area


Nursing Home

Medical Center

Pathology Labortory

Dental Clinic


Eye Clinic

Maximum Loan Amount upto 2 Cr.

Moratorium upto 6 months

Interest calculation on Reducing Balance