Mercantile Bank Limited


 Doctors' Credit Scheme

 Objectives

Doctors Scheme

  • Help new F.C.P.S. or post-graduate doctors for setting up chambers and buying medical equipment.
  • Help experienced doctors for refurbishing chambers and buying medical equipment.

 

  • Assist private clinics for acquiring modern medical equipment.


 

Purpose

:

Doctors' Loan is a loan for professional Doctor to support their small scale purchase of different medical equipments, tools and small machineries for installation of their chamber/hospital/clinic.

Loan limit

:

Minimum Tk 2.00 lac only.

Maximum:

  • Tk 5.00 lac for General Practitioners
  • Tk 15.00 lac for specialized Doctors
  • Tk 50.00 lac for owner(s) of Clinic/Hospital or Dignostic Center.

Nationality

:

Bangladeshi

Age limit

:

From 25 years to 65 Years
Note: Age bar may be relaxed/waved by the Managing Director & CEO of the Bank on acceptable grounds.

Minimum income

:

  • Tk. 25,000.00 for General Practitioner.
  • Tk. 40,000.00 for Specialized doctor.

Work Experience

:

- For general practitioners having practice length of 3 years..

- For specialized Doctors having practice length of 5 years..

 

Down Payment

:

10% of general practitioners

20% of the specialized doctors.

30% of owners, hospital or diagonstic center

Interest rate

:

The interest rate is subject to change based on the market conditions and policy of the Bank.

Repayment Method

:

Equated monthly installment.

Other fees & Charges

:

As per policy and scheduled charges of our Bank.

Tenure of the loan

:

Minimum 12 months - Maximum 60 months.


 

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