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Hii sir, I Wants to get the Information About the Loan Offered by the Union bank of India for Medical Practitioners ?

[Vishal Kotkar]

Union Bank of India is one of the largest government-owned banks of India (the government owns 63.44% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion. All the bank's branches have been networked with its 6909 ATMs as on 30 September 2015


As you Asking for the Information About the Loan Offered by the Union bank of India for Medical Practitioners the Information is As Follow


Purpose of the Loan
For purchase of brand new Electro medical and other sophisticated equipment including operation theatre equipment, air conditioners, generators, personal computer and accessories with software for diagnosis and ups system. Purchase of equipment, machinery and any other items to start clinics in the area of operation of the Branch


Eligible Individuals

Any qualified registered medical practitioner with minimum three years experience and in the age group of 25 to 65 years in any Branch of medical science, with minimum qualification of:
a.MBBS
b.BAMS (Bachelor of Ayurvedic Medicine and Surgery)
c.B.H.M.S.Bachelor of Homoeopathic Medicine and Surgery
d.BDS(Dentist) or
2.Degree in Para medical service like
a.X-Ray Technology and Radiology
b.Medical Laboratory Technology
c.Physiotherapy
d.Optometry of Ophthalmic Technology
All courses / degrees should be recognized by statutory authorities in India Firms engaged in medical profession (including limited liability companies/partnerships) in which only Doctors/Dentists are Partners/Proprietor/Promoters.


QUANTUM OF LOAN
Minimum: Rs 2 lakh Maximum: Rs 800 lakh


RATE OF INTEREST AND PROCESSING CHARGES
Please click here to know our latest rate of interest
Processing charges are 0.50% of loan amount + service tax.
Valuation / Legal / Stamp Duty / CERSAI / Memorandum registration charges as per actuals.


INSURANCE
Insurance of the asset purchased out of bank's finance and that of collateral security is mandatory.



For more Information you may Visit the Nearest branch of the Union bank of India