Medical Emergency Loan

7 Expensive Medical Treatment That May Require A Medical Emergency Loan

May 12, 2022 • 4889 views

Serious illnesses could significantly affect your lifestyle and impair your ability to earn. These diseases require special care and treatment which makes them expensive. You will need to shell out a large amount for this purpose. Many people believe that their regular health insurance policy is sufficient to cover the effects of serious illness. However, at times they cannot afford half the cost of treatment after diagnosis. At this point, a serious illness insurance policy acts as a savior. However, the money received from health insurance may not be enough to cater to the treatment, hospitalization, medication, post-hospitalization care, etc. In this case, the medical loan is your best option. It is an unsecured personal loan designed to help you cover the costs of a medical emergency.

Below, we will look at some serious diseases which are expensive to treat in India. You can take a personal loan so that you can take treatment at the best possible hospital.

Here are 7 Expensive Medical Treatment and their Estimated Cost of Treatment in India

1. Cancer

Cancer is one of the most common diseases in India. Cancer treatment is emotionally and financially challenging. If the breadwinner of the family is diagnosed with the disease, the grief is even higher.

There are many types of cancer such as liver cancer, colon cancer, blood cancer, lung cancer, prostate cancer, etc. Treatment costs include frequent doctor visits, chemotherapy, medication costs, and hospitalization costs before and after admission. A drug cost about Rs. 75,000 to Rs. 1 lakh, and a chemotherapy session costs anything between Rs. 1 and 2 lakhs. Overall, the cost can go up to Rs 10-15 lakh. You can cover all these expenses with a personal loan during such a medical emergency.

2. Heart-related diseases

India has seen a significant increase in heart disease in the last few years. The main cause of death is ischemic heart disease and stroke. Some of the main factors that increase the risk of heart disease are smoking, unhealthy eating habits, obesity, hypertension, stress, and high cholesterol levels.

Treating heart disease, like cancer, is expensive. The cost depends on the type of disease and can easily cost up to Rs. 3-5 lakhs or more in such case medical loan is the best option.

3. Diseases of the kidneys

In India, 1 in 10 people suffers from a chronic kidney disorder. Each year, about 1.75 million people suffer from kidney failure and need dialysis or a kidney transplant. As we all know dialysis and organ transplants are very expensive and are out of reach for a large number of people. The cost of a kidney transplant is very expensive maybe around Rs. 7 lakhs while dialysis costs can run into thousands of Rupees per session. For a middle-class family, the charge is very expensive, and many may find it difficult to bear. You can cover all these expenses with a personal loan.

4. Dementia

The main costs related to dementia are long-term care at home, including home-based formal and informal treatment and nursing care. Mostly affecting the elderly population, it is a syndrome characterized by impaired memory, behavior and thinking, which affects daily activities. People with dementia need lifelong support which is very expensive to get.

5.  Cirrhosis

Alcohol and obesity-related disorders are among the leading causes of liver cirrhosis. Every year, about 1 million people are diagnosed with this. According to the World Health Organization, liver cirrhosis is the 10th most common cause of death in India. There is only one cure for this disease which is a liver transplant. The treatment of this disease costs about Rs. 10-20 lakhs.  You can cover all these expenses with a personal loan for a medical emergency.

6. Alzheimer's disease

The fear of Alzheimer's is gripping India's elderly population. The cost involved in the treatment of Alzheimer's is about Rs. 40,000 per month. It is highly advisable to have serious illness insurance on top of regular health insurance for a secure future.

7. Asthma

There are more than 300 million asthma patients in the world out of which 10% live in India. Asthma is the most common chronic disease in children and the last 10 years have seen a significant increase in the Indian subcontinent.


In times of crisis, getting money should ideally be a hassle-free affair. We have designed our medical loan as a simple, fast, and easy product. With us, you can easily get your medical expenses covered. Poonawalla Fincorp Personal Loan for Medical Emergencies offers competitive interest rates and payment plans tailored to your needs so that you can get the best treatment for yourself or your loved ones without worrying about medical bills.


  • Which loan can be availed during medical emergency?

You can opt for a Personal Loan or medical loan during a medical emergency. Generally, a Personal Loan or Medical Loan is offered within a few minutes by new-age NBFCs such as Poonawalla Fincorp. With Minimal documentation and online loan application, you can apply for a Personal Loan for a medical emergency.

  • Who is eligible for medical loan?

You can apply for a Medical Loan if you meet the below eligibility criteria

  • Age – You must be between the age of 22 and 57 years.
  • Citizenship – You must be an Indian citizen.
  • Work Experience – You must have more than one year of work experience and a minimum of 1 month with current employment.
  • Income – You must earn a monthly income of a minimum Rs. 30,000.

Please note that the above-mentioned criteria might differ from lender to lender.


We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Personal Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply

poonawalla fincorp team

Poonawalla Fincorp Team

Our team of expert writers and editors are passionate about providing authentic and valuable information on finance. Our aim is to simplify financial and finance-related concepts. We strive to help our readers become more aware and empowered to make informed financial decisions.

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