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Various Bank Loans Available For A Dentist In India

This article gives a list of all the major bank loans that are available for a dentist in India. All the major bank loans exclusively for the dentists have been mentioned in one article.

Bank of Baroda Loan to Doctors

Bank of Baroda brings to you Baroda Loan to Doctors, a one of its kind, designed specially to cater to the financial needs of the doctors. The advance is available for projects related to setting up / expansion of nursing home / hospital / clinic and pathological lab etc.

Key Benefits

The loan can be availed as a demand / term loan and / or overdraft as per your preference

The loan is available for following purposes:

  • Development of clinic / Clinic-cum-residence, Nursing Home, Pathological Laboratory.
  • Purchase of medical / diagnostic equipments.
  • Setting up of operation theatre.
  • Purchase of office equipments viz. computers, fax, air-conditioners and furniture etc.
  • Purchase of car, ambulance, etc.
  • Expansion/ renovation/ modernization of existing premises/ Clinic/ Nursing Home.

Bank of India Doctor’s loan

Purpose

Purchase of equipments, setting up of Clinic, X-ray Lab, Pathological Laboratory, Nursing Home, Poly Clinics etc., clinic-cum-residence, expansion/renovation/modernization of existing premises.

Purchase of vehicles, ambulance, computer etc. for medical practitioner.

Working Capital requirement including stock of medicine /disposables.

Eligibility

  • Individuals/Partnership/Companies/Trusts.
  • Applicants / Promoters should have recognized qualification in any branch of medical science like MBBS /BAMS/BDS/BHMS or any recognized degree in Physiotherapy / Radiology etc and should have minimum practical experience required to establish Hospital/Nursing Home/Clinic.
  • In case Individual, he / she should be a qualified and registered medical practitioner and should have minimum practical experience required to establish Hospital/Nursing Home/Clinic.
  • Partnership – Out of total partners at least 50% should be qualified and registered medical practitioners.
  • Company – At least 50% of the promoter / directors should be qualified and registered medical practitioners.
  • Trusts – Trusts should be registered and having power to borrow. At least one of the trustees should be qualified medical professional and Registered Medical Practitioner.

See Next Slide for more bank loans for Dentists

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