Medical emergencies can strike unexpectedly, and when they do, you need to be financially prepared to handle them without delay. With Instant Personal Loans, you can be ready for any unforeseen medical events, ensuring that you or your loved ones receive the care needed at the right time. Our Medical Loan is designed to provide fast, hassle-free access to funds, so you don’t have to worry about paying for urgent medical expenses. The entire loan process is digital, ensuring that everything, from the application to disbursal, happens quickly and efficiently. Whether it’s an emergency surgery, medical treatment, or hospital bills, you can rely on us to offer a streamlined application during your time of need.
We value transparency and offer clear, upfront loan terms with no hidden fees. What you see is what you get—no surprises or unexpected charges. You can review the loan details and repayment plan with ease, knowing that you are in control of your financial situation.
When it comes to medical emergencies, time is of the essence. Our quick approval and instant disbursal process ensure that the funds are transferred to your account within hours, so you can act immediately to cover medical costs. The process is efficient, giving you peace of mind during a stressful time.
We understand that in times of emergency, the last thing you need is complicated paperwork. Our digital loan process eliminates the need for manual paperwork, making it a quick, stress-free application experience. Simply apply online, and get approved without the hassle of visiting offices or waiting in long queues.
Our Medical Loan is designed to meet the needs of every individual situation. Whether you require a small amount for basic medical expenses or a larger sum for critical treatment, you can borrow the exact amount needed. The loan is tailored to fit your unique requirements, ensuring you get just the right support.
| Criteria | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹50,000 |
| Interest Rate | Up to 26% per annum |
| APR | 26% Max |
| Age | 21 to 55 years |
| Late payment fee | as applicable |
| Processing Fee | Up to 5% |
| Loan tenure | 90 days to 180 days |
| Pre-closure charges | As per Agreement |
| Loan Amount : | ₹20,000/- @ 26% p.a. |
|---|---|
| Loan Duration : | 90 Days |
| Total loan interest : | ₹ 1,300/- |
| Processing fees (PF) + GST : | ₹ 500 + ₹ 90 = ₹ 590/- |
| Deduction from Loan : | (PF + GST) - ₹ 590/- |
| Amount to be Credited: | ₹20,000 - ₹590 = ₹19,410/- |
| Total Repayable Amount : | ₹ 21,300/- |
| Monthly EMI Repayable : | ₹ 7,100/- |
| PF + GST are deducted in advance | At the Time of disbursal. |
