Home loans for doctors offer you a customised mortgage

As a medical practitioner, you are eligible for a home loan customised for you, which offers you a higher loan amount as well as a streamlined application process. A home loan for doctors has simple eligibility criteria that you will find easy to meet, and requires minimal paperwork. Lenders like Bajaj Finserv offer home loans for doctors with services like doorstep document pick-up, property search services and other value-added services just for you. All this is meant to ease the application process and help you find the right home, keeping your busy schedule in mind. Take a look at how you can benefit from a home loan customised for doctors. 1.Make use of the easy eligibility Your medical qualification is what determines your eligibility when it comes to this home loan. Based on the type of doctor you are, the eligibility requirements differ.

• Super specialist doctors (MD/DM/MS) need at least 3 years of post-qualification experience.
• Graduate doctors (MBBS) need at least 3 years of post-qualification experience.
• Dentists (BDS/MDS) need at least 4 years of post-qualification experience.
• Ayurvedic and homeopathic doctors (BHMS/BAMS) need at least 6 years of post-qualification experience.

As long as you meet these criteria, you can get a home loan for doctors. 2.Take advantage of the quick application process When you opt for a home loan for doctors, the application process is easy too. You can apply conveniently online by filling an application form. Then you will need to submit documents to prove your eligibility. These include your ID proof, income proof, bank statements, medical registration certificate and a photograph along with the form. Also attach a copy of the papers of the home that you are pledging. Once you do this, the lender will verify your documents, approve your loan and disburse it. You can also apply offline by calling or sending an SMS to the lender. With Bajaj Finserv, your application for home loan for doctors is approved quite fast in just 24 hours. 3.Use the nominal interest to your advantage Interest rates determine the affordability of your loan, and most lenders offer a competitive interest rate on home loans for doctors. Do your research to narrow down on lenders offering you the best deal. Since this loan carries a long tenor and involves a substantial sum, it is advisable to compare the lenders before making a decision. Lenders like Bajaj Finserv offer a Home Loan for Doctors up to Rs.2 crore at nominal interest rates that make your EMIs affordable. 4.Make the most of value-added services Depending on the provider that you choose, you can get several benefits on your home loan. Lenders like Bajaj Finserv, apart from a high top-up loan, also give you a 3-day EMI holiday, right at the beginning of your tenor. This will also give you a chance to organise your finances for repayment better. When you opt for a Bajaj Finserv Home Loan for Doctors, you can also access a handy property search service, a property dossier service and customised insurance schemes. This makes your entire home purchase and loan experience richer and easier. Customised for you, a home loan for doctors gives you the maximum advantages at a reasonable cost. Ensure that you check the various options online and see which one suits your needs the best. Read Also :Important Things to Know About Home Loan for Doctors