Medical Practitioner Scheme
Purpose | For purchase of medical equipment and related assets. |
Eligibility |
i) MBBS with PG/Diploma of specialization (or) BDS with PG/Diploma of specialization. ii) CIBIL score of promoters should be 650 and above. iii)Three years of Income Tax Returns. |
Amount of Assistance | Rs. 10 lakhs to Rs.100 lakhs restricted to 4 times of the Average Income for the last 3 years. |
Promoters Contribution | 10% |
Repayment Period | 60 months with 6 months moratorium |
Collateral Security | 20% – Collateral property (or) 20% – Security Deposit. |