Dreams are the seed of something big which is about to happen. As the seed of dream grows, comes the desire to execute the dream… and plan further for it’s realization. Being a medical professional, are you planning to perceive your dreams? Like, a clinic of your own, any business expansion plan or enjoy a vacation abroad, or your child to study abroad.
Peerless Finance has specifically designed and launched Loans to doctors (Unsecured Personal Loans) under the product umbrella of Loan to professionals, so that your desire to fulfil dreams gets a wing.
Key Features
Affordable Interest Rate
Interest rate Starting from 13.50 % p.a.
Zero Collateral
Unsecured Personal Loans upto Rs.40 Lakhs
Flexible Tenure
Choice of repayment up to 60 months
Top Up Facility available
Top up facility available on review post 6 months
OD / Term Loan
Overdraft / Term Loan facility available
Peerless Finance welcomes you as an applicant
You need to fulfil our requirements as
Your Field of Specialisation
MBBS - Minimum 2 years of experience, post registration with the Medical Council. Super Speciality Doctors (MD/MS/DM) - Post Qualification.
BDS - Minimum 5 years of experience, post registration with the Medical Council
Salaried/Self employed doctors operating as medical practitioner.
Age
Minimum 24 years - Maximum 65 years.
Citizenship
A ‘Resident Indian’ of minimum 1 Year at current residence including rental arrangements, if any.
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 for loans up to Rs. 15lacs ( Unsecured Loan)
What are the mandatory Documents?
Pan card, Address proof, Last 6months bank statement and 3Months Pay Slip/last two years ITR file (Doctors in Practice)
What is the amount of Loan I can apply for?
You can apply upto Rs. 30 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 3 to 5 working days for the process. However in emergency cases, if you have provided all your documents, it can possibly be processed in a day also.
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.
