What to expect
- Higher loan amounts against the same income than other self-employed applicants
- Some lenders lend against professional qualification with limited vintage
- Dedicated equipment and clinic-setup finance is widely available
- Rates are typically 0.5 to 1.5 percentage points below standard self-employed pricing
Documents you will need
- PAN and Aadhaar
- Degree and practice registration certificate
- Last 2 years ITR
- Last 12 months bank statements
Work out the numbers first
Before you apply anywhere, check what your income supports with the eligibility calculator, and what it will cost with the EMI calculator. Applying blind and being declined leaves a mark on your credit file that the next lender can see.