Peerless Finance

Great ! Elevate your Future with our Professional Loan

Specially designed to fulfil financial needs of Doctor’s to meet professional and personal goals

Doctor's Apply Here

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Overview (FAQs)

What is your rate of Interest?

Rate of Interest starting from 13% p.a.*

What would “Personal” in Personal Loan mean?

Cases of self and family exigencies, financial needs like meeting educational expenses of your children, house renovation, planning a travel or wedding expenses etc.

When can I apply?

In case you have any Personal, Business/ Professional requirements like Set up or renovation of your clinic, Purchase of Medical Equipments etc.

Is collateral Mandatory?

No collateral

What are the mandatory Documents?

Pan card, Address proof, Last 6 months bank statement , 3Months Pay Slip (if salaried), Last two years ITR file, Medical council registration certificate for MBBS & PG degree.

What is the amount of Loan I can apply for?

You can apply upto Rs. 40 lacs without collateral (Unsecured Loan)

What are the tenure options?

Flexible Tenure for period up to 60 months.

Can I apply with low CIBIL score?

Yes, you can apply with a low CIBIL Score but the sanction of the same will depend on the ability of repayment. However, you have an option to take a joint loan with your immediate family member, or keep a guarantor.

How long it takes to transfer money into my bank account?

Generally it takes around 1 working days after disbursal.

Can I apply for a top up?

Yes, you can apply for the top up facility after six months of your existing loan.

What are repayment options?

Your repayment options include convenient modes like EMI or Quarterly Instalments through NACH mandates, Post-dated cheques, Bank Transfers etc

Is there any other charges?

Yes, there are processing fees, documentation and other charges as per Peerless Finance Pricing policy.