My Doctor scheme
To purchase land, construction of hospital building, purchase of ready built premises (Age should not be more than 20 years), purchase of medical equipments, medical software, computer, diagnostic imaging laboratories, setting up of clinic / Lab, Renovation / Repair of existing premises, etc. Second hand machinery / equipments should not be financed.
|Quantum of Loan||
Minimum : Rs. 25.00 lakh
Maximum : Rs.1500.00 lakh
In Panchayat and rural areas, max. loan is Rs. 50.00 lakh.
Other than the above, Max. loan is Rs.1500.00 lakh.
For equipments only: Max. Rs. 500.00 lakh.
WCTL: Maximum Rs.100.00 lakh as sublimit not exceeding 10% of the proposed loan.
15% for equipments,
25% for building
35% if land & building is involved.
|Debt Equity Ratio||
Overall DER 2.00 : 1.00
i. Tangible collateral security with minimum of 25%
ii. Personal guarantee of individual & Spouse guarantee.
iii. Where land is owned by the unit/promoter and the value is not included in the project cost and if the value is more than 50% of loan amount, no collateral need to be insisted.
9 years including holiday period