With Medical Shop Loan by HDFC, you can easily avail of funds to help with the purchase of a new or existing clinic or office.
This loan also covers the extension, improvement or construction of an office or clinic.
It offers a Balance Transfer facility through which you can transfer your outstanding loan availed from another Bank / Financial Institution.
Medical Shop Loan by HDFC Bank allows you to avail of expert legal and technical counselling to help you make the right property buying decision.
The interest rates are attractive, and term of the loan is flexible.
Get To know More detailed information about Working Capital Loan provided by HDFC Bank for SME's
The application process is easy and requires hassle-free documentation.
HDFC Bank offers Medical Shop Loan with the added benefit of simple repayments through monthly instalments.
Furthermore, our bank makes the loan accessible by the integrated branch network for availing and servicing the loan anywhere in India.
HDFC Bank offers Medical Store Loan to allow professionals in the pharmacy industry to create a workplace suitable to their needs. With HDFC Bank Medical Store Loans you can avail up to Rs 75 lakh at attractive interest rates.
To avail of HDFC Bank Medical Store Loans you must fulfil the eligibility criteria listed below:
You must be a Self-Employed Individual (SEP) such as:
Company Secretary, Etc.
Or, you must be a Self-Employed Non-Professional (SENP) such as:
Learn more about HDFC Bank Medical Shop Loan by clicking right here.
*Terms and conditions apply. Medical Shop Loan at the sole discretion of HDFC Bank limited. Loan disbursal is subject to documentation and verification as per Banks requirement.
In order to apply for HDFC Bank Medical Shop Loan are required to provide the completely filled and signed application form along with basic and minimal documentation as listed below:
Proof of Identity by submitting a copy of either PAN Card/ Passport/ Vote ID/Driver’s license.
Proof of Residence by submitting a copy of either PAN Card/ Passport/ Vote ID/Driver’s license.
Income Tax Returns along with computation of income for the last 3 Assessment Years (of both the individual and the business entity and attested by a CA).
Balance Sheet and Profit & Loss A/c Statements of the past 3 years, with Annexures / Schedules (of both the individual and the business entity and attested by a CA).
Current A/c Statements of the business entity and Savings Account Statements of the individual of the last 6 months.
A copy of the Allotment Letter / Buyer Agreement
Title Deeds including the previous chain of the property documents in resale cases
Along with the aforementioned documents, you must also provide:
Latest Form 26 AS
List of Directors and Shareholders with their individual shareholding certified by a CA / CS in case of the business entity being a company
Memorandum and Articles of Association of the Company
Partnership deed in case of the business entity being a partnership firm
Details of ongoing loans of the individual and the business entity including the outstanding amount, instalments, security, purpose, balance loan term, etc.
Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across
Cheque for processing fee favouring ‘HDFC Ltd.’
Own Contribution Proof