Funding for Doctors
Funding for Doctors — Practice Loans, Clinic Setup & Equipment Finance
Doctors have unique funding needs: clinic setup, equipment, working capital during patient ramp-up. Here's the lender landscape and how to prepare your file.
Types of doctor loans
Doctor loan (unsecured)
Up to ₹50 L (some ₹75 L) based on qualification and ITR. No collateral. Typical rate 11–16% p.a., tenure 1–7 years.
Clinic setup loan
Higher-ticket (₹25 L–₹2 Cr) for premises, interiors, equipment. Often secured (LAP) if ticket is large.
Medical equipment finance
Asset-backed loan for MRI, CT, dental chairs, etc. Lender holds lien on the equipment. Lower rate (10–14% p.a.).
Practice OD/CC
Revolving working capital against insurance receivables (TPA cycle is 60–120 days). Useful for established practices.
LAP for clinic property
If you own the clinic premises or another property, LAP at 9–12% p.a. for major capex or expansion.
What lenders evaluate for doctor loans
- Qualification — MBBS, BDS, MD/MS, DM/MCh, MDS; super-specialists get higher tickets
- Years of practice — most banks want 3+ years post-qualification; some 5+
- ITR — last 3 years; profit should support DSCR 1.5x+ on proposed loan
- Clinic tenure — long lease (3+ years) or owned premises is favourable
- Patient profile — walk-in vs empanelled; empanelment with TPAs/corporates adds value
- Banking — credits from named parties, regular pattern, AMB comfortable
- Existing obligations — FOIR with proposed EMI should be <50–60%
- CIBIL — 720+ preferred; some banks accept 700+ for doctor loans
Best-fit lenders
Lenders known for doctor loans
- HDFC Bank — up to ₹50 L unsecured, 4–5 day TAT for existing customers
- ICICI Bank — up to ₹40 L unsecured, doctor-specific scheme
- Bajaj Finserv — up to ₹80 L (some secured), fast TAT, slightly higher rate
- Kotak — competitive rate, strong on super-specialists
- Federal Bank — good for South India-based practices
- All rates indicative; final rate at lender's discretion post-appraisal
FAQ
Common questions
I'm a fresh MBBS starting a clinic — can I get a loan?+
It's harder. Most doctor loan schemes require 3+ years of practice. For a fresh setup, options are: (1) Secured LAP if you or family have property; (2) CGTMSE-backed MSME loan (clinic as a startup); (3) Personal loan for small-ticket equipment (₹5–10 L); (4) Equipment finance where the equipment itself is the collateral. Once you have 2–3 years of ITR, doctor loans open up.
Should I take a doctor loan or equipment finance for an MRI machine?+
Equipment finance is almost always better for high-value medical equipment. The lender holds a lien on the equipment itself (so no other collateral needed), rates are lower (10–14% vs 14–18% for unsecured doctor loan), and the tenure matches the equipment's useful life. Reserve doctor loans for working capital, clinic setup, or top-up funding.
My clinic revenue is mostly cash — will I struggle to get a loan?+
Possibly. Lenders want to see digital credits (UPI/RTGS/NEFT) in your bank statement that reconcile with your ITR and GST. If 70%+ of your revenue is cash, the file looks weak even if ITR is strong. Start routing patient collections through UPI/digital channels, build 12 months of clean digital banking, then apply.
Next step
Get your file reviewed before you apply again.
Share basic details — a senior advisor will read your profile, diagnose what's blocking approval, and tell you exactly what to fix first.
- No CIBIL pull until strategy is agreed
- No blind portal submissions
- Review by a senior advisor — not a call-centre agent
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