Multiple banks. Different interest rates. Call it a "conflict of interest".
  •  Loading your search... Loading your search...
  • Bajaj Finserv Doctor Loan is Rated as "Great!" by 1627 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Bajaj Finserv Doctor Loan

    Apply for Personal Loan

    Overview about Bajaj Finserv Doctor Loan

    Bajaj Finserv provides a specific loan that is aimed at helping consultants and practicing doctors working in clinics or hospitals to expand their operations to include better services and treatment. This loan features low interest rates and fast approval times.

    Where can a Bajaj Finserve Doctor Loan be used?

    This unsecured loan is provided exclusively to people with valid medical registration numbers and thus requires no guarantors or collaterals. The loan thus availed can be used to purchase assets to aid in the development of medical facilities or in improving the level of service provided in terms of treatment and healthcare.

    Who are eligible for availing a Bajaj Finserve Doctor Loan?

    An unsecured loan meant for medical professionals, this specialised loan has a few eligibility criteria to be met in order for the institution to be able to sanction the loan. The eligibility requirements can be mentioned as follows –

    1. Applicant should either -
      • Be a postgraduate doctor (MD/DM/MS/MCH/MDS) with minimum 5 years of post- qualification experience
      • A graduate doctor (MBBS/BDS) with minimum 8 years of post-qualification experience
      • Own a house (parental house acceptable) or clinic in areas serviced by Bajaj Finserve
    2. Requirements need that –
      • The gross monthly salary should be INR 75000 and INR 40000 for tier 1 and tier 2 cities
      • Immediate preceding 2 years’ Form 16 along with 3 months’ payslips be provided
      • Immediate preceding 3 months’ salary credit bank statements be provided
      • Education Qualification Certificates be provided
      • Government approved identity and address proof be provided
      • Proof of own property (either residence or office) be provided
    3. The co-applicant (if any) needs to provide –
      • Government approved identity and address proof
      • Proof of relationship with the applicant

    What are the financing types?

    The financing modes allowed under the Doctor Loan can either be of a working capital type or demand loan type (Flexi Loans). The former allows a longer repayment period with standard rates and the latter has differential rates as per the amount and tenure chosen.

    What are the Bajaj Finserve Doctor loan limits?

    Based on the credit-worthiness of the applicant, Bajaj Finserve can provide loans within a range of INR 5 lakhs to INR 45 lakhs. Flexi loans might have differing limits based on the discretion of the NBFC.

    What are the interest rates of Bajaj Finserve Doctor Loan?

    Interest rates for a Doctor Loan could range from 11% per annum to higher figures based on Bajaj Fin serve’s discretion.

    What documents are required during applying for Bajaj Doctor Loan?

    The standard list of required documents for applying for this loan are mentioned as follows –

    1. Immediate preceding 2 years’ Form 16 along with 3 months’ payslips
    2. Immediate preceding 3 months’ salary credit bank statements
    3. Educational qualification certificates
    4. Government approved identity and address proof
    5. Registration number pertaining to valid Medical License

    What are the features of Bajaj Finserve Doctor Loan?

    The Doctor Loan from Bajaj Finserve is an unsecured loan that requires no guarantors or collaterals and is a really good financing option for medical practitioners to start a new venture or improve upon existing facilities.

    The loan period can range from 12 months to 60 months. The processing fees will be 2% of the loan amount and along with that, a security fee of INR 1,999 will be levied. There is an option to make pre-payments 6 times in a year in order to close the loan sooner. The loan can also be closed before the set tenure by making a lump sum payment, provided that the first EMI has been paid, and there would be no additional charges levied.

    How to apply for Bajaj Finserve Doctor Loan?

    The loan can be applied for through Bajaj Fin serve’s website, as well as forms can be downloaded, filled and submitted along with relevant documents at a local branch. Additionally, one could call or mail Bajaj Finserve requesting an executive assistance for application process.

    One can also apply for Bajaj Finserve Doctor Loan through Bankbazaar, wherein eligibility charts, EMI calculators and infographics can guide one through the application process.

    Bajaj Finserv Doctor Loan Reviews

    • Bajaj Finserv Personal Loan
      "Its Best"
      0.5 5.0/5 "Blown Away!"
      I have Bajaj EMI card based on that, they have provided personal loan. My principal amount was Rs. 1 lakh for the tenure of three years, interest rate was quite okay. I am fine with the service they helped to get the disbursement amount within five working days.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 22, 2017
    • Bajaj Finserv Personal Loan
      "Satisfied with the services"
      0.5 5.0/5 "Blown Away!"
      Bajaj Finserv is very good when it comes to customer services. They were very quick in contacting me and check about my requirement. The response was overall good. I have taken a personal loan and the rate of interest was of 13% and the processing charges were also very much normal.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 21, 2017
    • Bajaj Finserv Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I previously applied for the personal loan from Bajaj Finserv, it was a good loan experience overall. The loan amount was for Rs 25000 with the rate of interest of 13% which is high when compared to other sources. Customer service was good, they provided door step service to collect the documents. The process was very smooth and easy, my loan was approved within 2-3 days.
      Was this review helpful? 0
      , ranchi
      Reviewed on Nov 21, 2017
    • Bajaj Finserv Personal Loan
      "Recommedable"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from BAJAJ FINSERV and the disbursed loan amount was 7000. The rate of interest was 14%. The monthly EMI comes around 3000 for 3 years. The processing fee was 2% of the principal amount. Documentation process done well and i can recommend this service to others.
      Was this review helpful? 0
      , anuppur
      Reviewed on Nov 20, 2017
    • Bajaj Finserv Personal Loan
      "Good "
      0.5 4.0/5 "Great!"
      I am having the personal loan with the Bajaj Finserv and the interest rate is around 10% as flat. I would like to say that the customer service is good one with them, also there are no issues on it. I am happy with the Bajaj Finserv.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Bajaj Finserv Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was a good experience with BAJAJ for my personal loan service but the interest rate they offered me was high compare to others in the market the documents will be collected from my door step also the customer service of BAJAJ was very good and the payments where generally through online it was totally a good experience with BAJAJ for my personal loan service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 17, 2017
    • Bajaj Finserv Personal Loan
      "Best"
      0.5 4.0/5 "Great!"
      I am having the personal loan with the Bajaj Finserv and the interest rate is around 18%. The loan amount got disbursed within one to two days of time, also am really happy with the Bajaj Finserv and its really a better one to go ahead with the financial products.
      Was this review helpful? 0
      , hubli
      Reviewed on Nov 16, 2017
    • Bajaj Finserv Personal Loan
      "Looking for better Service"
      0.5 2.0/5 "Expected more"
      I have taken personal loan from Bajaj Finserv, they offered me an EMI card, their executive have called me and offered loan based on profile. I got the loan amount of Rs.49,000 for the tenure of three years. But the interest rate which they offered me it was high. The service is not good, they never contacted me.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2017
    • Bajaj Finserv Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The service is average with BAJAJ FINSERV personal loan . They have a disbursed my loan amount within 4 to 5 days of time. The customer support is average with bajaj finserv. The rate of interest and the charges are very high with bajaj finserv personal loan .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 15, 2017
    • Bajaj Finserv Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have previously taken personal loan with Bajaj Finance, the loan amount was for Rs 20000 with no rate of interest as the loan amount is very less. The process was very smooth and easy, my loan amount was approved within one hour. I submitted my documents online. Customer service was good and they responded on time.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 15, 2017
    • Bajaj Finserv Personal Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      Being an existing customer of Bajaj, they offered best interest rate on personal loan. They gave me flexible loan option with unlimited part payment and preclosure. I took the amount of Rs. 2.5 laks for the tenure of 36 months, I am very satisfied with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 14, 2017
    • Bajaj Finserv Personal Loan
      "Frauds"
      0.5 0.5/5 "Unacceptable"
      They gave fake commitments saying 0% pre-closure and part payment but just changed it before the first emi. Again they come back with topup offers stating that we are giving the same offer if u top up. Just dont take loans from Bajaj finserve.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 12, 2017
    • Bajaj Finserv Personal Loan
      "Charges should be waived off"
      0.5 3.0/5 "Satisfactory"
      Some agent called me behalf of Bajaj Finserv, they informed about the personal loan offers. Then I taken loan from them, they have charged me high and taken lot of hidden charges. I took the loan amount of Rs. 5 lakhs, but my amount credit card around Rs. 4.8 lakhs.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 11, 2017
    • Bajaj Finserv Personal Loan
      "Best service"
      0.5 4.0/5 "Great!"
      I had taken a personal loan with Bajaj finserv.The loam amount is 50,000.Rate of interest is 17% high as co pared to others.Net banking is convenient to use and options are easy to understand.They had deducted processing fees from my principal.
      Was this review helpful? 0
      , amalner
      Reviewed on Nov 11, 2017
    • Bajaj Finserv Personal Loan
      "Not a fair deal to avail flexi loans"
      0.5 2.0/5 "Expected more"
      While the loan processing and response of the customer services is good while availing the loan. But the response after the loan disbursement is worst. I have taken flexi loan and it was said only interest only charged and principle amount can be paid at your convenient. But it was shock to me EMI was charged to my account including Principle amount. Voice services to reach the customer center is worst and there is no option to speak to customer executive quickly. Also unable to transfer the loan amount my virtual amount. I tried multiple times as per guidelines shared by Bajaj Flexi team. Over all it was a worst experience for me.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • Bajaj Finserv Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I got a experience with the BAJAJ FINSERV personal loan around 3 years ago, The rate of interest was very high with BAJAJ FINSERV when compared with others. The customer support is average with BAJAJ FINSERV. We can't expect immediate response from BAJAJ finserv.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Nov 10, 2017
    • Bajaj Finserv Personal Loan
      "Bad experience"
      0.5 1.0/5 "Really Bad"
      I have closed my personal loan with Bajaj by last month. It is a duration of 1 year. It was a worst experience on my personal loan. The rate of interest is very high, they charged 32%. The processing fee is very bad. Overall it was not satisfied.
      Was this review helpful? 0
      , nagercoil
      Reviewed on Nov 10, 2017
    • Bajaj Finserv Personal Loan
      "They are the good and very efficient"
      0.5 4.5/5 "Excellent!"
      I was looking out for a lower interest rate , plus I was in need of a top up loan and this loan was actually needed for an emergency purpose. Bajaj agreed to provide the loan however the rate of interest rate, fees and insurance was very high . When it comes to bajaj finserve, it is a good company i would say they are using technology to the core when it comes to loan approval thereby the loan disbursement happened in a short period of time. Further they are very good at Cross selling the by -product they always retain the customers by providing exciting offers. Online it is very easy for one to get these kind of offers also via SMS too. Further more, we can call , verify and confirm the offer details with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • Bajaj Finserv Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I had applied for the personal loan from Bajaj Finserv, my loan application was approved and the requested amount was disbursed. The loan amount was for 5 lakhs with the rate of interest of 15% which is fine according to me. The customer service was good and door step service was provided for document collection. The process was very smooth and easy.
      Was this review helpful? 0
      , ambala
      Reviewed on Nov 10, 2017
    • Bajaj Finserv Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with BAJAJ finance and this was taken 1 year back. The loan amount was 1.60 lakhs and the interest rate was 11.5% which was average in the market. The EMI period was 3 years. The loan process was easy and they have provided door step service for collecting documents. My overall experience was good here.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 08, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.