Public Sector Bank (PSU)Machinery & Equipment FinanceSmall Enterprise (Investment ≤ ₹10 Cr)🛡️CGTMSE CoveredVerified: 2026-09-29

Bank of Maharashtra Maha Doctor Credit Facility

Primary Lending Institution:Bank of Maharashtra

₹5 Lakh to ₹5 Crore MSME credit at 8.40% – 9.50% with Up to 7 years tenure.

Interest Rate8.40% – 9.50%Linked to EBLR / MCLR / Risk

Loan Amount Quantum₹5 Lakh to ₹5 CroreBased on turnover & project cost

Repayment TenureUp to 7 yearsWith moratorium where applicable

Collateral SecurityBorrowers must be registered medical practitioners with valid registration council certificates.

What's Missing: Crucial Fine-Print & Exclusion Gaps

Borrowers must be registered medical practitioners with valid registration council certificates.

Note: Eligo publishes these regulatory and commercial exclusions directly from bank product guidelines and CGTMSE rules to protect MSME applicants from unexpected fee debits or loan rejection surprises.

What is Bank of Maharashtra Maha Doctor Credit Facility?

Customized medical financing for practitioners, nursing homes, and clinical laboratories.

Key Benefits & Features

Zero processing fees; concessional interest rates; collateral-free up to ₹2 Crore under CGTMSE.

Government Subsidy & Credit Guarantee Coverage

CGTMSE / Bank Guarantee / Normal Security

Enterprise Eligibility Criteria

Medical doctors and diagnostic healthcare providers.

Business VintageNew & Existing units eligible

Min. Annual TurnoverTurnover proportionate

Processing FeeNil processing fee

Prepayment TermsZero prepayment penalty on floating rate loans as per regulatory norms

How to Apply (3 Verified Paths)

💼Path 1: Current Account Portal

Apply online via business net banking or approach loan account manager.

🌐Path 2: Official FinTech / Govt Portal

Apply online at https://bankofmaharashtra.in/maha-doctor with digital KYC and financial statements.

🏢Path 3: SME Banking Center Walk-In

Visit nearest MSME branch of the institution with business registration and bank statements.

Eligo does not collect business loan applications or financial data. Apply directly on the verified official domain:

Visit Official Portal↗

Documents Required Checklist

Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.

Frequently Asked Questions

What is the maximum loan tenure and amount for Bank of Maharashtra Maha Doctor Credit Facility?

Borrowers can avail ₹5 Lakh to ₹5 Crore with a repayment tenure of Up to 7 years.

What are the processing charges and collateral terms for Bank of Maharashtra Maha Doctor Credit Facility?

The processing fee is Nil processing fee. Collateral terms: Borrowers must be registered medical practitioners with valid registration council certificates.

What are the eligibility criteria for Bank of Maharashtra Maha Doctor Credit Facility?

Medical doctors and diagnostic healthcare providers. Minimum business vintage required is 0 year(s).

How can an applicant apply for Bank of Maharashtra Maha Doctor Credit Facility?

Apply online at https://bankofmaharashtra.in/maha-doctor or visit nearest branch with KYC, Udyam registration, and bank statements.