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Loan Against Property Balance Transfer Top-up for Doctors for Wedding

A basic wedding ceremony might cost lakhs. If you have lavish taste, the cost can easily go up to a crore. Our Top-up loan up to Rs. 10.50 Crore* ensures you arrange a function that is as spectacular as you imagine it to be.

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wedding planners

WEDDING PLANNERS

Organizing a wedding is no walk in the park. Finding a location, setting up the decorations, deciding on the menu, and so on might feel like an endless cycle. Rather than stressing out, it is wise to hire a professional wedding planner.

venue and decor

VENUE AND DECOR

A beautiful wedding ceremony requires many elements to come together, including fresh flowers, spotless white tablecloths, dazzling fairy lights, and an exotic setting. Venue and decoration costs can easily add several lakhs to the total cost of hosting several events like sangeet, wedding, and reception.

photography

PHOTOGRAPHY

Choosing a wedding photographer or videographer to capture is as important as having a good venue. Hiring a skilled professional is not inexpensive anymore. It can easily cost a lakh or 2 for a single day.

entertainment

ENTERTAINMENT

If you have a liking for a live music band as you walk down the aisle. Or wish to make your wedding different with good entertainment arrangements, you will easily need to spend lakhs.

guest hospitality

GUEST HOSPITALITY

Considering that wedding rituals might run for hours, it is only natural that guests will be looking forward to a delicious meal. Ensure your guests have the best food and stay arrangements for this 3 or 4 day function.

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Frequently asked questions

Why should I choose a loan against property balance transfer?

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.

Who can apply a loan against property balance transfer?

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.

Is a self-employed doctor eligible for a loan against property balance transfer?

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

What kind of documents are required for loan against property balance transfer?

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.

What is the maximum repayment tenure for a loan against property?

You can repay the total sum borrowed over a convenient repayment tenure of up to 15 years*.

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