All You Need To Know About Doctor Loan

The health of every economy can be gauged by the quality of health care available to them. Medical professionals, no doubt, contribute majorly to this aspect. Therefore, to keep these medical healthcare providers financially covered leading NBFCs offer custom doctor loan.

This is a suite of four loan - personal loan, business loan, home loan and loan against property with features and benefits unique as the loan itself. Doctor loan can also be categorised as a mix of secured and unsecured loan to cater to personal and professional financial needs of medical professionals.

NBFCs understand the value of funds in the life of a busy medical practitioner and hence they extend the following benefits on the loan -

• It allows loan seekers to apply for the loan online via their official website by simply filling up an e-form. 
• Doorstep delivery is available to applicants to submit their documentation to the lender’s representative.
• Upon verification of paperwork, applicants enjoy instant loan approval and quick disbursement.
• Besides, the process does not require elaborate paperwork but relevant qualification and financial documents to prove your credentials for the loan. 
• Option to part-prepay any amount greater than three EMIs as per your financial ability.
• Flexi Loan feature - a one-of-its-kind facility to borrow as per your needs from the loan amount sanctioned. You are required to pay back interest-only EMIs and thus get your repayments reduced by up to 45%.
• Convenient online account maintenance which gives you access to loan details from anywhere, at any time, so you can make quick and informed decisions. 

If you want more information read here: Doctor Mortgages – How Can They Help You, And Where Do You Find