Medical Equipment Loan Eligibility & Documentation
Important Factors to Consider Before Applying for a Loan
We ensure a quick, hassle-free, and convenient process of loan application so that you can focus on your business. With Poonawalla Fincorp Medical Equipment Loan, you can enjoy simple eligibility criteria with a minimum documentation process.
Know Your Eligibility Criteria for a Medical Equipment Loan
| Eligibility Criteria | Requirement |
| Age | The key applicant should be a minimum of 25 years of age at the time of loan application and a maximum of 65 years of age at the time of loan maturity. |
| Work Experience | MBBS/MDS/MD/MS/BDS: Minimum 1 year of post-qualification experience and for others 3 years of post-qualification experience. |
Note: The above-mentioned eligibility list is indicative. Additional eligibility criteria may be required during loan processing by Poonawalla Fincorp.
Documents Required for a Medical Equipment Loan
| Document Category | Requirement |
| KYC Documents |
For Self-Employed Professionals:
For Firm / Company:
|
| Bank Account Statement | Operative bank account statement for the last 6 months. |
| Qualification Documents | Degree Certificate and Certificate of Practice. |
Note: The above-mentioned loan documents list is indicative. Additional documents may be required during loan processing.
