MRB DOCTOR PLUS SCHEME

(FOR FINANCING MEDICAL PRACTITIONERS)

Purpose

The scheme envisages financing to qualified medical practitioners for

  • Buying equipments
  • Setting up clinics or clinic-cum-residence, etc.
  • Purchase of vehicles, ambulance, computers
  • Expansion/renovation/modernisation of existing premises
  • any other activity related to medical profession.

Age

Minimum 21 years ; Maximum: 65 years

Eligibility

Individuals, Proprietorships,\Partnerships, Limited\Companies, Trusts are eligible to avail of the facilities offered by the scheme. The promoters/promoters should be registered qualified medical practitioners with minimum degrees, as MBBS /BAMS / GAMS/ BDS/BHMS.

Quantum of Loan

  • Rural & Semi-urban Individuals/Proprietorships: Rs 5 crore
  • Rural & Semi-urban Corporates/Partnerships/Trusts: Rs 5 crore
  • Urban & Metro Individuals/Proprietorships: Rs 5 crore
  • Urban & Metro Corporates/Partnerships/Trusts: Rs 10 crore

Margin

  • Upto Rs. 10 Lacs – 15%
  • Over Rs. 10 Lacs upto Rs. 5 crores – 20%
  • Rs. 5 crores - Rs. 10 crores – 25%

Interest Rate 

  • Interest will be charged at prevailing rate on daily reducing balance at monthly rest.

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay