Have a look at below doctors loan chart and how it can help them even if they invest the amount in a fixed deposit. Ask for Bank name by leaving a comment.
| | | | | | |
| Rate of Int | Loan Amt | Int. Rate | Total Amt | Total Int. | Int Pay | |
| | 2000000 | | | | | |
| 13.75% | 46278 | 60 | 2776680 | 776680 | 776680 | |
| | | | | | | |
| | | | | | | |
| | | Fixed Deposit Example : | | | | |
| | | | | | | |
| Year | Amount | Int. Rate | Int. Per Yr | Total Amt | Int Gain | Net Gain |
| 1 | 2000000 | 9.5 | 190000 | 2190000 | | |
| 2 | 2190000 | 9.5 | 208050 | 2398050 | | |
| 3 | 2398050 | 9.5 | 227815 | 2625865 | | |
| 4 | 2625865 | 9.5 | 249457 | 2875322 | | |
| 5 | 2875322 | 9.5 | 273156 | 3148477 | 1148477 | 371797 |
| | | | 1148477 | | | |
| | | | | | | |
| | Benefits / Gain Summary | | | | | |
| | | | in 5 Yrs. | | Per Year | |
| | Net Gain | | 256950 | | 51390 | |
| | TDS | | 114848 | | 22970 | |
| | Total Gain | | 371797 | | 74359 | |