Personal Loan for Doctors

Get Instant Personal Loan for Doctors

If you’re interested in applying for an instant loan for doctors with Finnable, it’s important to understand a few doctor loan eligibility criteria. Here are some key points to keep in mind:

• Eligibility Criteria: To be eligible for a personal loan for doctors, you need to be at least 21 years of age, have a minimum income of Rs. 15,000 or above per month, and a credit score of 700 or above.

• Easy Application Process: You can apply for a personal loan for doctors online by filling out a simple application form. You’ll need to provide some basic information such as your name, address, income, and employment details.

• Competitive Interest Rates: Finnable offers competitive interest rates on loans for doctors. The rate you qualify for will depend on your credit score, income, and other factors.

• Flexible Repayment Terms: You can choose a repayment term that works for you, whether it’s 12 months, 24 months, or longer. You can make repayments monthly.

• No Hidden Fee: Finnable charges no hidden fees associated with its personal loans for doctors.

Interest Rates and Charges for Doctors to get Personal Loan

When it comes to personal loans for doctors, the interest rates and charges can vary from lender to lender. However, it’s important to note that doctors are considered a high-risk group due to their unpredictable income and busy schedules, which can result in higher interest rates than a regular personal loan.

To get the best interest rates and charges for personal loans for doctors, it is essential to shop around and compare different lenders. With Finnable, you can rest assured that you are getting a loan at a competitive interest rate that is tailored to your specific needs. The interest rates start at just 18% p.a., making it an affordable option for medical professionals.

In addition to interest rates, it’s important to consider any fees associated with the loan. Finnable offers transparent terms and conditions with no hidden fees, ensuring that you understand the total cost of borrowing upfront. Some of the common charges that you may encounter include processing fees, prepayment charges, and late payment fees.

To qualify for a professional loan for doctors with Finnable, you need to meet certain eligibility criteria.

Continue reading to know more about the Eligibility Criteria!

Why Should You Choose Finnable For Personal Loan?

Here are some reasons why you should choose Finnable for your personal loan:

• Application Process: With Finnable, you can apply for a personal loan online in just a few minutes. The application process is simple and hassle-free, and you can get an instant loan amount.

• Interest Rates: Finnable offers affordable interest rates for personal loans for doctors. You can get a loan at a lower interest rate compared to other lenders.

• Repayment Options: Finnable offers flexible repayment options for loans for doctors. You can choose a repayment term that suits your financial situation.

• Charges: There are no hidden charges or fees, and you can calculate your monthly payment using Finnable’s online EMI calculator.

• Quick Disbursal: Once your loan is approved, you can expect to receive the funds in your account within 24-48 hours.

Eligibility to get Personal Loan for Doctors

To be eligible to get a personal loan for doctors, you must meet the following criteria:

• You must be a practising doctor or a medical professional.

• You must be an Indian resident.

• You must have a minimum age of 21 years.

• You must have a good credit score.

• You must have a stable income source.