This loan offered by Bajaj Finance Limited, the lending arm of Bajaj Finserv is customised to meet doctors financial needs and offers a range of flexible features. For a more in-depth understanding of the benefits of the Business Loan for Doctors, read on.

Get plentiful capital to carry out renovation and install new equipment
Updating clinic with modern equipment, like a portable MRI machine or patient management software, to finance these major expenses, Doctors get access to a collateral-free principal of up to Rs. 37 lakh.
 
Choose the Flexi Loan facility to maintain working capital reserves
Working capital fuels the everyday functioning of business and can run dry when used to expand your practice simultaneously. However, by opting for the Flexi Loan facility, will allow you to withdraw from the sanctioned amount as and when you require, as many times as you want to, without filling out an application each time. Moreover, interest is charged on the withdrawn amount only, and you have the option of servicing interest-only EMIs through the tenor and repaying the principal at the end. This helps you steady your working capital levels by reducing your EMIs by up to 45%.
 
Chalk out business expansion effectively with convenient repayment options
Whether Doctors want to add a department to clinic or hire a marketing team to expand the roster of patients, with this loan, Doctor can split the cost of offering added services or venturing into a new market over a tenor of up to 72 months. Once profits begin to trickle in, the Doctor can make part-prepayments at no extra charge and reduce the total cost of borrowing significantly.