Financial support created and structured for medical practitioners.
Doctor’s Loan is a clean, multi-purpose loan that offers flexible repayment schedule of up to 60 months to medical practitioners of SBC-accredited hospitals.
Take a look at what we can offer:
|Minimum Loan Amount||PHP 100,000|
|Maximum Loan Amount||PHP 1,000,000|
|Payment Terms||up to 60 months|
|Interest Rate||As low as 6.60%|
|Approval Time||5 – 7 banking days|
For medical practitioners of accredited hospitals:
FOR INDIVIDUAL APPLICATION (Doctors): SBC Forms
Note: All applications with incomplete requirements will not be processed.
“Security Bank helped me secure my loan. I was so amazed by their competitive rate! Now, I can finally finance my own private clinic with ease.”Anonymous
“Applying for a Doctor’s Loan with flexible payment terms helped me focus on providing better health care for my patients.”John C.
How much is the amount I can loan?
*30% Debt Income Ratio of net monthly pay shall apply
For how many months/terms I can pay the loan? 6, 12, 18, 24, 36, 48 and 60 months, depending on your Hospital’s arrangement and subject to account evaluation.
How long does it take to process my application? 5-7 banking days, if all requirements are complete and if applicant is verified without adverse findings.
What are the fees and charges?
|Processing Fee||PHP 1,000|
|Late Payment Fee / Penalty Charge||3% of the monthly amortization or PHP 500, whichever is higher.|
|Processing Fee for Pre-Payment / Pre-termination of Loan||PHP 250 waived for re-availment and those who will settle their loan ahead of maturity date|
|Notorial Fee (for PHP 100,000 loan and up)||PHP 100|
|Documentary Stamps (for PHP 250,000 loan and up)||PHP 1.50 for every PHP 200|
|Other Incidental Fees||Case-to-case basis|
How will I know if my loan is approved? Your account officer will notify you once the loan has been approved. To follow up on your loan status, please call our hotline (02) 8887-9188 or your account officer.
How will I get my loan proceeds? Loan proceeds are can be released as follows:
How do I make payments?
When can I re-avail of the loan? Loan renewal or re-availment is allowed upon 50% loan repayment. Existing outstanding balance will be deducted from the loan proceeds.