DOCTOR CARE LOAN

If you have the desire, energy, talent and ability to carry forth your vision of providing health care services to a wide spectrum of people, we welcome you into our fold. Our Doctor Care Loan helps you set up your own practice (clinic / hospital), aids you in purchasing equipment, and even assists you in refurbishing your established practice (clinic / hospital).

icon

Eligibility

  • Any Qualified Doctor (existing / new medical practioner)
icon

Quantum

New medical practioner: up to Rs.100.00 lakhs (higher amount may be considered on case to case basis)

Existing practioner (with min 3 yrs): up to Rs.300.00 lakhs (higher amount may be considered on case to case basis)

Quantum of Loan

90% of cost of premises

80% of cost of equipment

70% of cost of furniture / cost of renovation

Combo offer: Pre-sanctioned car loan of upto Rs.10 lakhs for applications with minimum ticket size of Rs.50 lakhs wherein premises mortgaged

icon

Repayment Period

For equipment / renovation / furniture – upto 84 months

For premises & equipments – upto 120 months

(moratorium period of 12 months may be granted on merits of case)

Please note that GST is payable @18% on interest charged on delayed installments (Penal Interest). Kindly pay your installment in time to avoid additional charge.

icon

Security

  • For purchase of equipment / furniture – Hypothecation of equipment / furniture to be purchased
  • For purchase of new premises / construction of clinic or hospital on owned plot / Renovation of clinic - Equitable Mortgage of the premises/ clinic respectively
  • One Surety of good means acceptable to the Bank (may be waived on a case to case basis)
icon

Rate of Interest

  • Upto 84 months - PLR less 2.50% i.e. 9.50% p.a.
  • Above 84 months up to 120 months - PLR less 0.50% i.e. 11.50% p.a.

icon

Documents Required

  • PROOF OF IDENTTIY
    Aadhar Card/Driving license/ Passport/ PAN card/Election card/Job card issued by Govt. agencies
  • PROOF OF RESIDENCE
    Aadhar Card/Driving license/ Passport/ Election card/Job card issued by Govt. agencies
  • PROOF OF INCOME
    Form 16A, Latest Salary Slip for 3 months, Salary bank account statement of last 1 year
  • Proforma invoice of the article to be purchased
icon

Collateral

  • For existing doctors – No collateral for loan amount upto Rs. 50 lakhs
  • For new Doctor – No collateral for loan amount upto Rs. 25 lakhs
  • (50% collateral required for amounts greater than that stipulated above)

LOAN PRODUCTS

icon

Business Loan

icon

Scheme for Commercial Transporters

icon

Pragati Scheme

icon

Lease Rental Discounting

icon

Housing Loan

icon

Personal Vehicle Loan

icon

Surety/Consumer Loan

icon

Doctor Care

icon

Loan Against NSC / KV

icon

Loan Against Shares and Units of Mutual Funds

icon

Loan Against Bank Deposit

icon

Loan Against Insurance Policy

icon

Gold Loan

icon

Education Loan

icon

Travel Loan

icon

Reverse Mortgage Loan - Aashraya

icon

Loan Against Property

icon

Super Bike Loan

icon

MSE 100

Stay Updated

From our new features to promotional announcements,
get the latest on what we are up to.

How can we help you?

If you have any questions and you can't find the answer on our website, give us a call or message us.

26442829 / 26442830 / 26442831

ccbl@citizencreditbank.com

Citizencredit Co-operative Bank Ltd.
CITIZENCREDIT CENTRE
CTS No:236, Marve Road, Orlem,
Malad (W), Mumbai 400064

Hi! My name is

I have a query about

You can reach me at

or