- Interest rate (p.a.)
18.00% - 18.00%
- Loan Tenure
1 - 1 years
- Approval Duration
1-3 working days
- Min. monthly income
What's so great about Global Dominion Financing, Inc. Doctors Loan?
- No minimum income required
- Get approved as much as ₱300,000
- Loan approval in 1-3 days
|Min. financing amount||₱50,000.00|
|Max.financing amount|| ₱300,000.00|
|Min. loan tenure||12 months|
|Max. loan tenure||12 months|
|Interest rate||1.5% per month|
|Approval duration||1-3 working days|
Fees & Charges
|One time set up|
|Processing fee||5% of approved loan amount|
|Stamp duty||Loan with less than 12 months term = Approved loan/200 × 1.50 x terms/365 days while loan with more than 12 months term = Approved loan/200 x 1.50|
|Disbursement & misc. fee||N/A|
|Late payment charges||₱200 per day up to 15% of the monthly amortization|
|Age requirement||Age 21 - 60|
|Employment eligibility||Must have PRC ID and Patients' Ledger|
|Min. salary requirement||₱0 gross per month|
|Guarantor / Collateral requirement||No|
|Need to open linked banked account?||No|
|Other details||Method of Payment - PDC's|
Product Review by
Global Dominion Financing, Inc., offers a wide range of financial products to help achieve their goal of providing funding solutions to customers from different walks of life. Aiming to accommodate a variety of financing needs, GDFI offers loan solutions for second-hand car financing, ofw loans, and even loans specifically catering to those in the medical field. Eligible for doctors, dentists, and other medical physicians and practitioners, the doctors loan from GDFI allows for fast, multi-purpose cash loan which can be used for any need, be it personal, business expansion, or purchasing supplies or equipment. Active medical practitioners with plans of taking their services to the next level but are restricted due to lack of funds will benefit from this loan, which allows them to borrow the needed funds at an interest rate for as low as 1.75%.
Advantages of Applying With Global Dominion Financing, Inc Doctor’s Loan:
- No minimum income requirement.
- Fast loan approval turnaround time.
- Up to 1 year repayment terms.
Take a look at the details below to find out if you can benefit from this financial product.
Global Dominion Financing, Inc. Doctor's Loan FAQ
How much can I borrow?
You may borrow from as low as ₱50,000 to as much as ₱300,000.
What are the Global Dominion Financing, Inc. Doctor's Loan Requirements?
An applicant must fulfill GDFI's eligibility criteria for a doctor's loan:
- Applicant must have PRC ID and Patients' Ledger
- Must be at least 21-60 years old.
Consequently, after filling out an application form, the following documents are necessary:
- Updated PRC ID
- Latest 3 months Bank Statements
- Patient Ledger
- 2 Valid IDs
- 2 pcs. 2x2 picture
- Latest and Original Electric or Water bill
*Additional documents may be required during credit evaluation.
How does the Global Dominion Financing Incorporated Loan Calculator work?
The Global Dominion Financing Incorporated Loan calculator computes the estimated cost of borrowing and amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.
Is Global Dominion Financing, Inc Doctor’s Loan the right one for me?
GDFI’s Doctors Loan is directed toward medical practitioners such as doctors, dentists, and other medical physicians who are in urgent need of additional funds. The funds can be used for any purpose, whether for personal use or business expansion, with a loanable amount of up to ₱300,000. There is also no required minimum income to qualify for the loan, with a fast approval process of 1 - 3 working days. You can repay the loaned amount up to a maximum of 1 year. So if you are a medical physician with an immediate funding requirement, consider GDFI’s Doctors Loan which is specifically designed to accommodate your financial needs.
Here are other loans available for business purposes in the Philippines that you should also consider:
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As one of the top banks in the country, EastWest Bank offers a solution to your immediate funding requirements with the EastWest Bank Personal Loan. For whatever the purpose, you can borrow amounts starting from ₱25,000 up to a maximum of ₱2,000,000. With a fast processing time of 5 to 7 days, you can quickly get the needed funds and conveniently pay with a loan tenure of 1 up to 3 years. The add-on rate starts from 1.49% to 1.89% per month with a fixed rate of 22.68% per annum. The borrower is required to have at least ₱15,000 gross monthly income with minimum age of 21 years.
As an international bank, Citi provides world-class quality service for all their customers worldwide. And for immediate cash needs, Citi offers a personal loan with approval in as fast as 24 hours! You can receive confirmation right away without having to waste time. With a long loan tenure from 1 up to 5 years, you can borrow from a minimum of ₱20,000 up to ₱2,000,000. The fixed effective interest rate starts from 26.9% to 37.9% per year and the borrower is required to have at least ₱21,000 gross monthly income and 23 years old and above.
Gain the advantage over your competitors by getting the right funding options as you choose the best Business Loan for your entrepreneurial needs.