Expand your business and enhance your facilities with collateral-free Medical Equipment Loans designed especially for Doctors. This product provides a long-term funding against the medical equipment purchased.
Loan amount can be availed from minimum of Rs. 10 Lakhs up to Rs. 7.5 Crores
Loan can be availed for a minimum tenure of 12 months up to 84 months
Funding against the medical equipment purchased
Moratorium up to 6 months available
Minimum 2 years in current profession
Business Income – Minimum business income of Rs. 5 Lakhs
Age – Minimum 21 years at the time of loan application AND Maximum 65 years at the end of loan tenure
Residence/Office Stability – Either office or residential property is to be owned. Residence stability should be of at least 12 months. Office stability should be of at least 24 months