VISA AND FLIGHTS
Those who wish to abroad for higher education will have to bear added costs for visa and insurance, travel charges, and so. These expenses can drain your savings.
COURSE FEE
Additional electives, technical programmes, medical seminars, etc., will rise the total cost of your education. Although student loans will pay for your tuition, you will be liable for the added costs. Therefore, a loan top-up would be really helpful.
LIVING EXPENSES
You'll agree that the cost of living in a foreign nation can be significant. Whether it's rent, food, transportation, phone bills, gadgets, or basic furniture, it can add up to a huge overhead. You need to be prepared for these spends.
Frequently asked questions
It is recommended that you choose a loan against property balance transfer when your present loan against property lending terms are no longer feasible for you. Transferring your loan against property balance to a different lender may entitle you to competitive interest rates, longer repayment tenure and a top-up loan.
Anyone with an existing loan against property can apply for a balance transfer with us. Your age, employment status, and city of residence are some of the key criteria to apply for the loan.
A self-employed doctor, who is an Indian citizen residing in India, between the age group of 25 years to 85 years is eligible for the balance transfer. Additionally, you must hold an MBBS or subsequent higher degree. You should also have a business continuity of over 5 years in your current practice.
*Terms and conditions apply
If you are planning to apply for a loan against property balance transfer, you must be ready with some basic paperwork. A self-employed doctor should have their KYC documents, proof of income (P&L statement and ITR), property documents like title deeds, account statements for the past 6 months, and proof of medical practice existence, handy.
You can repay the total sum borrowed over a convenient repayment tenure of up to 15 years*.
