Business OD For Doctors


  • Any purpose relating to purchases of medical items/ equipment/infrastructure, renovation of hospital /clinic etc.
  • Meeting day to day establishment expenses & other urgent needs related to profession.
  • Takeover of existing credit facilities from other banks/financial institutions provided such accounts are regular and in standard category.

Who can borrow

  • Any individual having a Bachelors/Masters Degree in the field of Medical Sciences like MBBS/MS/MD/BDS/MDS from an University recognized by Medical Council of India / Government of India
  • Any Company, Society or Firm engaged in Medical Services, provided at least one of its Directors/Members/Partners possesses above qualification.

Nature of facility

  • Overdraft limit

Amount of facility

  • Maximum Rs. 50.00 lac
  • Minimum Rs. 5.00 lac
  • 3 times of average gross ITR of last 3 years

Rate of Interest

  • The rate of interest as decided by the bank from time to time would be applicable


  • Equitable Mortgage of property


  • Two guarantors acceptable to bank

Processing Fees

  • Loan amount + GST

Share holding

  • 1.5% of loan amount

Documents Required

  • Photograph , PAN and KYC documents of borrower and guarantor
  • Medical degrees and license to practice
  • Balance Sheet of last three years, ITR of last three years, Bank statement of business a/c for last six months.
  • Partnership deed and registration certificate in case of partnership firms, Certificate of incorporation, date of commencement of business and memorandum and article of association in case of companies where applicable
  • Relevant documents related to the property being mortgaged like Title Deed, mutation copy, sanctioned map etc as applicable)
  • Statement of a/c and classification report/ conduct of the a/c from the transferor bank in case of takeover loan

To apply for OD Business for Doctors, please download the below listed form and submit it to your nearest branch




Decades of Trust


Urban co-operative bank of uttarakhand


Computerised urban co-operative bank of uttar pradesh