Availing Home Loans by Medical Professionals in India - Loan Trivia


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Friday 15 February 2019

Availing Home Loans by Medical Professionals in India

Doctors also like any other professional will have a dream for their own home. Normally, an MBBS doctor in the city earns more than Rs 50,000/- every month working from a private hospital. Some of the doctors even have their own clinic to increase their income.

Hence, to fulfil their dream they go in for a home loan for healthcare professionals. There are many NBFCs who lend home loans to the doctors as they are fairly credible in repaying the loan. Hence, they are considered as assets by them. 

Apart from their own clinic, doctors also set-up pathology labs, pharmacies, etc. So they need to go in for external finance. Since they are a high-worth individual, they will easily get the loan. Not only this, they need a home loan for healthcare professionals as there are many townships are coming up in the cities exclusively for the doctors. Hence, they might like to stay in such townships as it comes with all the latest facilities from around the world.

Normally, an NBFC provides home loan for healthcare professionals up to Rs 2 crores. Since this can be processed online, it saves time. They might also go in for a loan for renovation of their existing house, consolidate the previous home loans, for buying a car, for their child’s education abroad and for any other financial requirements.

However, the eligibility criteria vary based on their qualification. When you contact a leading NBFC, they will provide you with all the details related to your loan.

To know more about the home loans for medical professionals, click here: Why Home Loans for Medical Professionals are so Important

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