Key facts

What the official sources publish

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Customer typeRegistered BAHMS, BAMS, BPT, MBBS or BDS medical practitioners with required approvals, MSME status and Udyam registration.View source

Complete eligible-group row reviewed.

Source: Loan Scheme for Doctors
Page / section: Eligible group
Accessed: 31 Aug 2026
Confidence: high

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Business vintage / experienceAt least two years' post-qualification work experience; no numeric turnover floor.View source

Published experience rule reviewed.

Source: Loan Scheme for Doctors
Page / section: Eligible group
Accessed: 31 Aug 2026
Confidence: high

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Facility amountAbove ₹10 lakh and up to ₹25 crore; term loan and cash credit.View source

Facility types and limits reviewed.

Source: Loan Scheme for Doctors
Page / section: Nature; quantum
Accessed: 31 Aug 2026
Confidence: high

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Interest rateCurrent RLLR benchmark: 8.05% p.a.; final rate adds the sanctioned spread, with a possible collateral concession.View source

link and current 8.05% benchmark reviewed; numeric spread is not published.

Source: Doctors Scheme and current notice
Page / section: Rate row; page 1
Accessed: 31 Aug 2026
Confidence: high

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TenureUp to 12 years.View source

Published maximum repayment reviewed.

Source: Loan Scheme for Doctors
Page / section: Repayment
Accessed: 31 Aug 2026
Confidence: high

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Collateral / securityCGTMSE cover available up to ₹5 crore; collateral may reduce the rate.View source

Published and collateral-concession conditions reviewed.

Source: Loan Scheme for Doctors
Page / section: Rate
Accessed: 31 Aug 2026
Confidence: high

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Processing feeWorking capital: nil up to ₹5 lakh, then 0.35% p.a. Term loan: nil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore.View source

Both applicable fee rows reviewed.

Source: Service Charges
Page / section: pages 80-81
Accessed: 31 Aug 2026
Confidence: high

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Required documentsApplication/KYC; medical qualification, registration and experience; Udyam/entity records; premises, equipment and vehicle evidence; financials/projections; banking, security and regulatory licences.View source

Product-specific eligibility/purpose and complete checklist reviewed.

Source: Doctors Scheme and Checklist
Page / section: Purpose; checklist rows 1-14
Accessed: 31 Aug 2026
Confidence: high

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Geographic availabilityIndia, through Bank of Maharashtra's MSME lending network.View source

Official national bank product and application route reviewed.

Source: Loan Scheme for Doctors
Page / section: Official application route
Accessed: 31 Aug 2026
Confidence: medium

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Prepayment / foreclosureFloating business-purpose loans to individuals and MSEs: nil. Other term loans: 2% when prepayment exceeds 25% of sanctioned limit; cash-credit takeover may attract 2%, with MSE exemption.View source

Applicable floating, term and CC closure rows reviewed.

Source: Service Charges - All Credit
Page / section: pages 93-94
Accessed: 31 Aug 2026
Confidence: high

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Benefits and features

Above ₹10 lakh and up to ₹25 crore
Term loan and cash credit
Medical premises, equipment, modernization, vehicles and oxygen plants covered
Up to 12 years
route up to ₹5 crore

Eligibility

Registered doctors with BAHMS, BAMS, BPT, MBBS or BDS, required regulatory approvals, at least two years' post-qualification experience, eligibility and Udyam registration.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Signed application and
Medical qualification and registration
Two years' work-experience evidence
Udyam certificate and entity records
Premises/title or lease documents
Equipment/vehicle/project quotations
Financials, , and projections
Banking, security and regulatory licence records

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹20,989twenty thousand nine hundred eighty-nine rupees

Interest paid over the full loan₹25,37,327twenty-five lakh thirty-seven thousand three hundred twenty-seven rupees

Everything you repay₹50,37,327fifty lakh thirty-seven thousand three hundred twenty-seven rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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TableParameter

Eligible group · Published detailRegistered BAHMS/BAMS/BPT/MBBS/BDS practitioners; approvals; two years' post-qualification experience; and Udyam

This value is copied from Mahabank Loan Scheme for Doctors - complete published parameters. Check the table notes before relying on it.

Source: Loan Scheme for Doctors · Complete table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsMahabank Loan Scheme for Doctors - complete published parametersView tableHide table

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Mahabank Loan Scheme for Doctors - complete published parameters
Parameter	Published detail
Eligible group	Registered BAHMS/BAMS/BPT/MBBS/BDS practitioners; approvals; two years' post-qualification experience; and Udyam
Purpose	Medical premises; hospitals/clinics and diagnostic facilities; equipment, furniture, tools, computers/software; renovation/expansion; vehicles/ambulance; oxygen plant; medical working capital
Facility	Term loan and cash credit
Quantum	Above ₹10 lakh to ₹25 crore
Rate	-linked; collateral may reduce rate; up to ₹5 crore
Margin up to ₹2 crore	Term loan 20% of project cost; vehicle 15% of on-road cost; cash credit 25%
Margin above ₹2 crore	Term loan 25%; cash credit 25%
Repayment	Up to 12 years
Fees	Applicable service-charge guidelines

Loan Scheme for Doctors · Complete table · accessed 31 Aug 2026Open official source ↗

Table 2 · 14 rows · 2 columnsBank of Maharashtra MSME proposal checklist - all 14 rowsView tableHide table

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Bank of Maharashtra MSME proposal checklist - all 14 rows
No.	Required document
1	Borrower request / signed application
2	Borrower/promoter/director/guarantor
3	Udyam and applicable , , LEI, IEC, constitution/incorporation, net worth and records
4	Company borrowing resolution
5	-certified net worth with valid UDIN
6	Verified returns
7	Last two years' audited financials
8	/projections: at least two years for WC or through term-loan period
9	Banking arrangement and latest outstanding/unavailed position
10	Other-bank sanction letters
11	TEV report above ₹15 crore
12	Primary/collateral lease and title deeds
13	External rating above ₹25 crore
14	Business-specific documents and licences

Proposal Checklist · Complete checklist · accessed 31 Aug 2026Open official source ↗

Table 3 · 6 rows · 3 columnsBank of Maharashtra benchmark rates effective 25 July 2026View tableHide table

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Bank of Maharashtra benchmark rates effective 25 July 2026
Benchmark	Residual maturity	Rate p.a.
Overnight	1 day	7.30%
One-month	>1 day-1 month	8.30%
Three-month	>1-3 months	8.55%
Six-month	>3-6 months	8.90%
One-year	>6 months	9.00%
	External benchmark	8.05%

and effective 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

Table 4 · 5 rows · 2 columnsApplicable MSME processing and closure chargesView tableHide table

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Applicable MSME processing and closure charges
Facility / event	Published charge excluding
Working-capital processing	Nil up to ₹5 lakh; 0.35% p.a. above
Term-loan processing	Nil to ₹5 lakh; 1% above ₹5 lakh-₹25 crore; 0.80% above ₹25-₹100 crore; 0.70% above ₹100 crore
Cash-credit takeover	2% of sanctioned limit; exempt
Other term-loan prepayment	2% when prepaid amount exceeds 25% of sanctioned limit; exempt
Floating business-purpose loan to individual/	Nil prepayment charge

Service Charges · pages 80-81 and 93-94 · accessed 31 Aug 2026Open official source ↗

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Mahabank Loan Scheme for Doctors

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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