||IB Doctor Plus
||To finance qualified medical practitioners for buying equipment, setting up clinic or clinic-cum-residence or nursing homes, setting up X-ray lab, pathological clinics, polyclinics. Setting up Drug/Medical stores, purchase of vehicles, ambulance, computers, expansion/renovation/modernisation of existing premises.
||Individuals/ Partnership/ Ltd.Co./ Trust. Promoters should have minimum MBBS/ BAMS/ BDS/ BHMS & registered practicioners. Key promoters or their spouse should be qualified doctors.
|Rate of Interest & Repayment
||Interest: WC- BPLR-1.25 TL (equip)-BPLR+TP-1.75 TL (bldg) – BPLR+TP-0.75
Maximum period up to 10 years.
- Loans upto Rs 2 lakhs - hypothecation of charge over asset created.
- Loans above Rs 2 lakhs - hypothecation of assets and LIC policy or other collaterals.
|Composite /loan Limit
||Minimum Rs.1.00 lakh and Maximum Rs.50.00 lakhs.
||Margin of Loan:
- Upto Rs.5 lakhs-10%.
- Above Rs.5 lakhs-20%.
|Semi Urban / Rural :
- Upto Rs.5 lakhs- 15%.
- Above Rs.5 lakhs-15%.