Loan Against Property for Doctors for Clinic Renovation

Clinic renovation comes at a big cost. Any healthcare institution must include bright examination rooms, a welcoming waiting area, comfortable seating and beds, and interiors that make your patients at ease. If you have a plan to renovate your clinic, our loan against property can come in handy.

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Interior design & materials

INTERIOR DESIGN & MATERIALS

There are costs involved with every step. From interior design to structural changes, you will need a skilled professional to help you with this. Hiring a fine professional comes at a cost.

Add a diagnosis centre

ADD A DIAGNOSIS CENTRE

Run in-house diagnostic tests instead of sending your patients to a third party. Patients are more likely to return for treatment if they value the convenience of on-site diagnosis.

Upgrade equipment

UPGRADE EQUIPMENT

To provide your patients with the finest care possible, bring the most advanced technology into your practice. Offer a wider range of services and replace the outdated equipment in your clinic. Easily manage these upgrades with a loan against property.

Furniture and decor

FURNITURE AND DECOR

You can give your patients spacious rooms, and comfortable beds and seating to keep them relaxed. In addition, you may want to have a distinct ambience for the ones with critical conditions, like a comfortable waiting room.

Temporary medical practice

TEMPORARY MEDICAL PRACTICE

Undergoing a clinic renovation? Establish your temporary base in a rented office and manage the rent and renovation with a loan against property.

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Frequently asked questions

Who can get a loan against property?

A salaried or self-employed doctor can apply for a loan against property as long as you meet our eligibility criteria. Your age, employment status, and city of residence are some of the key criteria.

Am I eligible for a loan against property?

A self-employed doctor residing in India between 25 years to 85 years is eligible for the loan against property. Other criteria like your income profile, CIBIL Score, and more are also considered during the approval process.

*Terms and conditions apply

How much loan will I get against my property?

A loan against property is a secured loan for which you mortgage your property to a lender in exchange for a substantial loan. Several factors influence the final loan amount, including the individual's profile and repayment capacity, the property's valuation, and the lender's loan-to-value ratio.

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

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

What should be my CIBIL Score if I want to apply for a loan against property?

The CIBIL Score is an important indicator of your creditworthiness. To get a loan against property, it is preferable to maintain a CIBIL Score of 700 or higher.

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