Financial institution Bajaj Finance introduces special offer "Loan Utsav" on doctor loans, offering cashback incentives ranging up to 5,000 Indian rupees.
The Bajaj Finserv Doctor Loan offer, part of the Loan Utsav campaign, provides a unique opportunity for medical professionals to avail loans up to Rs. 80 lakh with cashback rewards. This limited-period offer is valid from July 1 to July 31, 2025, or until the first 50 successful loan disbursals.
Key Features and Eligibility
During the campaign period, medical doctors who apply and get their loan disbursed through the Bajaj Finserv App or website are eligible for this offer. The loan can be used to finance clinic upgrades, equipment purchase, hiring staff, or managing operations.
The cashback rewards structure varies based on the loan amount, with new customers receiving cashback and existing customers receiving cashback only for loans between 1-30 lakh. The cashback offer is valid for the first 50 doctors who successfully complete their application and loan disbursal.
Cashback Rewards
The cashback structure is as follows:
- Rs. 1,000 cashback for loans of Rs. 1–10 lakh (both new and existing customers).
- Rs. 1,500 cashback for loans of Rs. 11–20 lakh.
- Rs. 2,000 cashback for loans of Rs. 21–30 lakh (new customers only).
- Rs. 3,000 cashback for loans of Rs. 31–40 lakh (new customers only).
- Rs. 4,000 cashback for loans of Rs. 41–50 lakh (new customers only).
- Rs. 5,000 cashback for loans above Rs. 51 lakh (new customers only).
If a customer does not have an active Bajaj Pay Wallet, rewards will be issued as Bajaj Coins, redeemable on the Bajaj Finserv App.
Loan Options and Repayment Tenure
Bajaj Finance offers three loan options: Term Loan, Flexi Term Loan, and Flexi Hybrid Term Loan. The loan is unsecured, meaning no collateral is required. The repayment tenure ranges from 12 to 96 months, providing flexibility to doctors to manage their finances effectively.
Easy Application Process
To apply for the Bajaj Finserv Doctor Loan, follow these simple steps:
- Download and open the Bajaj Finserv App or visit their website.
- Navigate to 'Doctor Loan' and click ‘Check Eligibility.’
- Fill in basic details including name, PAN, date of birth, and medical registration certificate.
- Submit banking details and complete the application for processing.
This offer is designed to provide financial flexibility to doctors for practice improvement with an easy and quick loan process, zero collateral, and attractive monetary rewards during the Loan Utsav campaign.
[1] Bajaj Finance Limited [2] Bajaj Finserv Doctor Loan [3] Bajaj Finserv App [4] Loan Utsav Campaign
Investing in the Bajaj Finserv Doctor Loan, a part of the Loan Utsav campaign, offers medical professionals a valuable opportunity to finance their business needs, such as clinic upgrades, equipment purchases, staff hiring, and operational management. Moreover, this personal-finance solution, available through the Bajaj Finserv App or website, provides attractive cashback rewards based on the loan amount, ranging from Rs. 1,000 to Rs. 5,000 for loans between Rs. 1 lakh and above Rs. 51 lakh, respectively.
