Loan Highlights
  • Loan Limit
    Up to Rs. 3.00 Crore*
  • Rate of Interest ( w.e.f 10.06.2025)
    @8.75%* p.a - Priority
    @9.25%* p.a - Non- Priority
  • Time of Disbursement
    15 Days
  • Repayment Period
    On demand. Renewable with necessary documents within 12 months.
  • Prepayment Charges
    Nil
  • Period
    • For purchase / construction of premises - up to 12 years.
    • For purchase of equipment - up to 7 years.
    • For purchase of Furniture & Fixtures - up to 5 years.
    • For Cash Credit - Review within 12 months.
Process charges w.e.f 01.04.2025
  • New Proposal - 0.15% + GST
  • Review - 0.10% + GST
Foreclosure Charges
  • Within 12 months- 3%,
  • After 12 months but before 24
    months- 2%
  • After 24 months-1%
Eligibility
  • The applicant should become a regular member or nominal member of the Bank in case of no membership
  • The applicant should hold a degree from a recognized university.
  • Any qualified Doctor (Existing / New practitioner)
Facility
  • Insurance
  • Membership
Documents Required
  • Copy of degree certificate of the applicant / partner / director.
  • All documents as per KYC norms for applicant and guarantors.
  • Income documents of borrower and guarantors.
  • Account statement for last six months of borrower, if borrower is not existing customer of the Bank.
  • Licenses/ registrations applicable for medical practice.
  • Financial projections as per required repayment period.
Margin
  • For the purchase of Premises margin will be 25%
  • For the purchase of medical equipment/instruments margin will be 25%
  • Furniture & Fixtures etc. margin will be 40%

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Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Cosmos Bank

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Ideal for people
  • Any qualified Doctor (Existing / New practitioner)
Good to Know

  • • Maximum up to Rs. 3.00 Crore – for New and Existing medical practitioner

    • Maximum up to Rs.5.00 Lakh for working capital limit.

    • Combined Limit should not go beyond Rs.3.00 Crore.



    Purpose

    1) For setting up clinic / hospital

    2) For purchase of equipment’s / furniture / fixtures at the clinic or hospital

    3) Renovation of Clinic / Hospital

*Terms and Conditions Apply