The Scheme: Doctor Plus
Loan scheme for qualified Medical
Practitioners. Available for all medical streams viz. Allopathy,
Partnership / Companies.
Applicants /Promoters should have
recognized qualification in any branch of medical science like MBBS/BDS of
any recognized degree in Physiotherapy / Radiology etc and should have
minimum practical experience required to establish Hospital / Nursing Home /
Company – At least 50% of the
promoter / directors should be qualified and registered medical
Second-hand machinery / Equipments
should not be financed.
To set up clinics,
Pathological / X-ray / Sonographic / Physiotherapy / any other.
To purchase land for
construction of Hospital Building.
To purchase ready
built premises. (Age of the premises shall not be more than 20 years).
Laboratories / Purchase of Medical Equipments, Medical Software, Computer
for Hospital purposes.
Nursing Homes, Furnishing of Nursing Homes, Setting up of a Clinic or Lab,
Renovation / Repair of existing premises etc.
Purchase of Ambulance
4. Quantum of Loan :
For Term Loan:
Minimum of Rs.25 lakhs and Maximum of
In respect of Panchayat &
Rural - Maximum
of Rs.50 lakhs
- Maximum of Rs.1500 lakhs
If the TL is for equipment only, the
Maximum quantum of loan shall be Rs.500 lakhs.
5. Investigation Fees:
As applicable to Term Loan.
6. Rate of Interest : Click here for
Rate of Interest
7. Margin : 15% for Equipments, 25% for Building, if land and building is
involved 35% margin (subject to overall DER 2 : 1).
8. Repayment Period : 9 years (including
Collateral Security :
Hypothecation / Mortgage of assets purchased out of our assistance.