Got more questions?
For any queries, locate the nearest branch.
Locate BranchesTo access the old website
Click Here
Business Loans for Doctors
Are you a practising or consultant doctor looking for a loan for purchasing medical equipment, setting up a clinic, expansion of existing premises or any other professional activities? Axis Bank offers quick, convenient business loans for doctors with minimal documentation, to finance your short-term as well as long-term business needs. With our business loan for doctors, you can apply for a business loan online and avail door-step services along with easy repayment options.
Eligibility for business loans for doctors
If you are a medical practitioner looking for a business loan, you will have to satisfy certain criteria for availing a business loan for doctors from Axis Bank. The eligibility depends on minimum years of practice and gross receipts. Make sure to read the eligibility criteria before you apply for business loan.
Degree inclusion for Eligible Applicant:
MD / DM / MS/ MCH / MBBS / MDS / BDS Including Radiologist and Pathologist
Documentation for business loans for doctors
Along with your application for business loan for Doctors you will have to submit certain documents which will allow us to process your loan faster. Here are the documents for business loan for doctors.
Fees & Charges
Fees & Charges
| Sr.No | Nature of fee / charges | Unsecured Business Loan |
|---|---|---|
| 1 | Processing Fees | Up to 2.00% + Taxes applicable |
| 2 | Stamp duty & other statutory document charges | As per applicable laws of state |
| 3 | Cheque bounce | ₹500/- per instance +Taxes applicable |
| 4 | Penal Interest | 2.00% p.m. on the amount of overdue installment |
| 5 | No dues certificate/ No objection certificate | ₹150 + Taxes applicable |
| 6 | Rate of Interest | 14.25% p.a. |
For all above fees and charges, taxes as per Government norms shall be applicable
Related Product
Learning Hub
Look through our knowledge section for helpful blogs and articles.
Copyright@ 2025 Axis Bank