In order to connect with Doctor Segment, a new scheme with attractive features has been introduced with the name “RMGB DOCTOR PLUS SCHEME”. Fresh ventures/expansion of existing setup will also be eligible to be financed under the scheme. Below are the types of loans available in the scheme:

  • Eligible Customers:  Individuals/ partnership/ corporate/ trust qualified medical practitioners having degree of either MBBS or BDS.
  • Type of Facility: Term Loan & overdraft facility
  • For purchase of equipments, setting up clinic, pathology lab, drug store

 

For Construction/Expansion/Renovation/ Modernization of existing premises.

  • Quantum of Finance: Maximum up to Rs. 25.00 lacs
  • Interest Rate: If Collateral security is more than 100% -  ROI 9.75%

 

If Collateral security is less than 100% -ROI 10.75%

  • Maximum repayment period of term loan upto 84 months.
  • 50% Concession in processing fee.