Doctor’s Special

Bank	Punjab and Sind Bank
Scheme	Doctor’s Special
Description	Setting up/ acquiring/ construction/ Expansion/ renovation of clinics, Hospitals/ Pathological/ Clinical Labs, Scan/ Diagnostic Centers/ Physiotherapy centers, Nursing Homes, Sanatorium etc. including furniture fixture and equipments and for purchase of vehicles, ambulances, computers etc.
Eligibility	Medical Practitioners registered with statutory bodies like, MCI, DCI,CCIM, CCH etc. and having minimum qualification MBBS/BDS/BPT/BAMS or equivalent professional degree.
Rate of Interest & Repayment	Rs. 5 Lakh to Rs. 2 Crore – 8.00% Above Rs. 02 Crore to Rs. 05 Crore – 8.50% Repayment: For Term Loan: Maximum 7 years including moratorium period of 2 years/construction period in case of new construction. For Working Capital: Repayable on demand.
Collateral	Upto Rs 10 Lakhs: No third party guarantee/collateral security is required and the same shall be covered under CGTSME. Above Rs 10 Lakhs to Rs 200 Lakhs: Collateral Security by way of immovable property or liquid securities such as deposits,NSC,surrender value of LIC policies equivalent to 100% of the total exposure. Or else the loan may be covered under CGTMSE. Above Rs 200 Lakhs to Rs 500 Lakhs: Collateral Security by way of immovable property or liquid securities such as deposits,NSC,surrender value of LIC policies equivalent to 100% of the total exposure
Composite /loan Limit	Minimum: Rs 5 Lakhs, Maximum: Rs 5 Crores
Margin	25% for purchase of equipment/machinery/vehicles 35% for acquisition of premises/expansion/renovation/modernization 25% on stocks 40% on book debts
Detail Link	View Link

Doctor’s Special

Visitor Count