The Scheme: My Doctor
Loan scheme for qualified Medical
Practitioners. Available for all medical streams viz. Allopathy,
Homeopathy, Ayurvedic, Dental etc.
Applicants /Promoters should have
recognized qualification in any branch of medical science like
MBBS/BAMS/BDS/BHMS of any recognized degree in Physiotherapy / Radiology etc
and should have minimum practical experience required to establish Hospital
/ Nursing Home / Clinic.
Any Registered Medical Practitioner in
the age group of 25 – 60 years with a minimum experience of 12 months.
Second-hand machinery / Equipments
should not be financed.
set up clinics, Pathological / X-ray / Sonographic / Physiotherapy / any
To purchase land for construction
of Hospital Building.
Diagnostic Imaging Laboratories /
Purchase of Medical Equipments, Medical Software, Computer for Hospital
Construction of Nursing Homes,
Furnishing of Nursing Homes, Setting up of a Clinic or Lab, Renovation /
Repair of existing premises etc.
Purchase of Ambulance.
Purchase of ready built premises
4. Quantum of Loan :
For Term Loan
Minimum of Rs.10
lakhs and Maximum of Rs.150 lakhs.
In respect of Panchayat &
Rural - Maximum of
- Maximum of Rs.150 lakhs
In respect of Non-Allopathy Doctor
- Maximum of Rs.20 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, 35% for Land and
8. Debt Equity Ratio:
Upto Rs.10 lakhs 3 :
Above Rs.10 lakhs 2 : 1
9. Repayment Period : 5 years (including
Collateral Security :
Hypothecation / Mortgage of assets purchased out of our assistance.
Collateral: Upto Rs. 10 Lakhs:
25% of the loan amount(or)Collateral
security for 25% of the loan
amount (or) third party
guarantee from any respectable person
acceptable to the Corporation whose
net worh shall be atleast 2.0 times of
the proposed loan amount (or)
Government Employee’s Guarantee
or Another Doctor’s Guarantee.
Guarantee if he or she is an
Rs. 10 Lakhs: