Now Medical Practitioners Can Meet Their Various Financial Needs With Bajaj Finserv Doctor Loan

PUNE, India, June 12, 2020 /PRNewswire/ -- Medicine has long been one of the most sought-after professions in India. This honorable profession requires a lot of investment, not just on the educational front but also on the financial side. From setting up a clinic, furnishing it with latest medical equipment, to personal & aspirational needs of doctors. However, most of the times a financial crunch might act as a hurdle towards fulfilling these. One needs to have ample finance to fuel these plans and relying solely on their practice cashflow might not be sufficient. To meet this purpose, Bajaj Finance Ltd, the lending and investment arm of Bajaj Finserv, is offering exclusively designed Loan for Doctors of up to Rs. 25 lakh to fulfil their unique professional and personal needs. With doorstep services and money being credited to their account in 24 hours, these loans are 100% hassle-free for doctors who are always on-the-go. To know all about this loan take a look at its notable features:

Collateral-free funding

From setting up a clinic or renovating the existing one, to simply upgrading to the latest technology, one needs ample finance to translate plans into reality and pledging collateral to raise funds can complicate the process. Fortunately, Bajaj Finserv's Loan for Doctors is collateral-free, so all one needs to do is apply for a loan online and get the sanction they require.

Loan of up to Rs. 25 lakh 

Whether one requires funds for their personal needs such as buying or renovating a house, wedding, vacation; or for their professional needs; having access to a steady stream of money is important. In such cases, it is wise to opt for a Loan for Doctors as it offers up to Rs. 25 lakh with a flexi loan facility.

Flexi Loan facility to aid cash flow management

Flexi Loan facility is a great way to ensure that one's cash flow doesn't run dry as they expand, renovate or diversify. It offers a predetermined loan limit for a fixed tenor. Borrow from this loan limit whenever & as many times as required and choose to pay only the interest as monthly EMIs. The interest is charged only on the amount withdrawn and not on the entire sanctioned amount. One can choose to even pre-pay the loan in smaller parts, when possible.

Advantage of part-prepayment facility to reduce costs

One can part-prepay their Bajaj Finserv Loan for Doctors at no additional cost, any time during the tenor, and minimize the cost of borrowing by reducing the interest outgo. However, do note that while the prepaid amount has no upper limit, it must be higher than the value of 3 installments.

Speedy, hassle-free loan application

The Bajaj Finserv Loan for Doctors is a straightforward, easy-to-access loan. To apply, one can fill the online application form and wait for a representative to contact them with further instructions. Existing Bajaj Finserv customers may check if they have a pre-approved offer to get access to a fully customized loan deal.

The aforementioned features are a few of the ways in which one can benefit from the Bajaj Finserv Loan for Doctors to give their working capital a boost, meet cash flow gaps or to simply meet their personal needs. 

About Bajaj Finance Limited 

Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Lifecare Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international 'BBB' with stable outlook for long-term, by S&P Global Rating. 

To know more, please visit: https://www.bajajfinserv.in