How Doctors in India Can Get Instant Approval of Doctor Loan?
                     PEERLESS FINANCE How Doctors in 
India Can Get 
Instant Approval 
of Doctor Loan? 
About Us
PEERLESS 
FINANCE
Peerless Financial Services Ltd., is a subsidiary of The Peerless 
General Finance & Investment Co. Ltd. (PGFI),. Established in 
1988. Peerless Finance is a Non-Banking Finance Company 
(NBFC), registered with the Reserve Bank of India (RBI).
Peerless Finance is driven by a commitment to keep its 
promises. To this direction, it provides Simplifinance – that is 
simple & timely finance - to its customers. At the same time, the 
Company promotes ease of doing business.
Getting doctor loans as a doctor is an effective way to do away with several financial 
Get Instant worries. Going for a trustworthy company like Peerless Finance can be helpful when 
trying to get a loan. 
Approval for Here are some simple steps through which you can get instant approval for 
Loans at loans at Peerless:
• Have a Basic Minimum Credit Score: With Peerless, you can get a loan at the 
Peerless minimum credit score. So, if you maintain a basic credit score, you can easily get 
doctor loans from Peerless.
• Check All the Documents: Before applying for doctors loan, it is always a good 
idea to set aside all the documents you will need for the loan. Talk with the 
lender to get a clear idea about what is required for an instant approval of doctor 
loan.
• Understand How Much Money You Need: When you are taking doctors loan, it 
becomes essential to figure out how much money you need for your medical 
practice. This helps make the entire process simple and gets you approval faster.
• Meet The Basic Criteria: When applying for a loan, you first need to understand 
the eligibility criteria of the company you are applying to. This makes it easier for 
people to understand if the company is the right fit for them and also allows the 
borrower to clear up any doubts that may arise on not having a clear picture of 
the criteria mentioned by the company.
Features of Peerless 
Finance's Doctors Loan
• Affordable Interest Rate: Interest rate Starting 
from 13.5% p.a.
• Zero Collateral: You can apply upto Rs 40 lacs 
(Unsecured Loan)
• Flexible Tenure: Flexible Tenure for period up to 
60 months
• Top Up Facility: You can apply for the top up 
facility after six months of your existing loan
• OD / Term Loan: Overdraft / Term Loan facility 
available.
Some Eligibility Criteria for 
Doctors Loan at Peerless Finance
Age: The minimum age limit for a doctor loan is 24 years and the maximum is 65 
years of age.
 
Field of specialization: 1) MBBS - Minimum one year of experience, post 
registration with the Medical Council. Super Speciality Doctors (MD/MS/DM) - Post 
Qualification.
2) BDS - Minimum five years of experience, post registration with the Medical 
Council
3) Salaried/Self-employed doctors operating as medical practitioners.
Citizenship: Any individual applying should be an Indian resident with a minimum 
of one year at their current residence, including rental arrangements.
Documents Required for Doctors 
Loan at Peerless Finance
• Address Proof: A copy of your passport, driving 
license, proof of possession of the Aadhaar number, 
or the Voter’s Identity card can be used for this 
purpose.
•  PAN Card: Copy of PAN card
• Bank statement for the last six months
• Educational Qualification Certificate
• Retainership Letter (if any)
• Income proof: 3-month Pay-Slips (For Doctors in 
Service) or Form 16A / IT Return for the last two years 
(for consultant doctors and individual practitioners) 
as applicable.
• Three-month payslips or Form 16A/ IT returns for the 
last two years
• Collateral/ guarantee depending on the loan amount
• Photograph: One recent passport-size photograph
Connect 
with Us
PEERLESS 
FINANCE
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Esplanade East, Kolkata -700069 linkedin.com/company/peerless-financial-
services-limited/
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