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LOAN & FINANCIAL SERVICES

A Doctor Loan Specially Designed for You

April 9 2020 , Written by HeroFinCorp Published on #Doctor Loan

There is no better time to take your medical practice to new heights than now. If you have been considering taking your practice to its potential, wait no more. Apply for a doctor loan that is specially designed for medical professionals like you. When you improve the medical service you offer, it will automatically benefit the healthcare industry across the country. Whether you want to improve the infrastructure at your clinic or establish a new clinic in a different part of the city, you are at the right place. Financial institutions understand the importance of healthcare and medical facilities and they offer loans that are an ideal fit for you.

You no longer need to use your emergency funds or ask your friends and family to help you. Instead, you can apply for a loan based on your qualification and experience. The loan application process is quick and hassle free. You do not need to visit the physical branch of different lenders to get information about the same. Get information from their website and make a borrowing decision. You will be able to learn more about the eligibility criteria, interest rate and terms of the loan from the comfort of your home. All medical professionals are eligible for the loan but there might be varying experience requirement. Some lenders require an experience of three years while others need an experience of five years. You can get details about the same online and then fill up the form.

It is not possible for a medical professional to achieve their goals without adequate funds. They do not have enough savings to put into the business and this is why they depend on the loan. The loan has helped many medical professionals achieve their long-term goals. There are no restrictions on the end use of the funds. Several doctors have used the loan for business purpose. When you make a loan application, you will have to provide the proof of education and proof of experience. You need to submit proof of your medical qualification and a registration with IMA. Additionally, you will have to provide details about your experience. You need to have at least three years of experience at the present place of practice. You also need to provide address proof, income proof and ITR of the last three years. Your credit score will help get a quick loan approval.

Once everything is in place, the loan will be approved and the amount will be disbursed without any delay. Doctor loan can help every medical professional in the country. It has high loan amount and flexible repayment tenure. You can repay the loan in EMIs over the tenure. Use the EMI calculator to get a quick estimate of the amount of EMI payable on the loan. The calculator is easy to use and you only need to provide the loan amount and tenure. Change the inputs until you reach an optimal output. Timely payment of EMIs will help build a strong credit score.

Related Post – 
Expand Your Medical Practice With a Loan for Doctor - (Link)

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