Medical Equipment Loan Eligibility and Documentation
To avail of Poonawalla Fincorp’s Medical Equipment Loan, you only need to meet our simple eligibility criteria and submit minimum documentation. We ensure a quick, hassle-free, and convenient loan application process that allows you to apply for a Medical Equipment Loan within minutes.
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Know Your Eligibility Criteria for a Medical Equipment Loan
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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. Others: Minimum 3 years of post-qualification experience. |
Note: The eligibility criteria mentioned above are indicative. Additional requirements may be specified during loan processing by Poonawalla Fincorp.
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Documents Required for a Medical Equipment Loan
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Document Category | Requirement |
KYC Documents |
For Self-employed Professionals:
For Firm/Company:
|
Bank Account Statement | Operative bank account statement from the last 6 months. |
Qualification Documents | Degree Certificate and Certificate of Practice. |
Note: The above-mentioned list of documents is indicative. Additional documents may be required during loan processing.
Steps to Apply for Poonawalla Fincorp’s Medical Equipment Loan
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Apply
Online
Apply Online
Click on ‘Apply Now’ and enter contact details, loan amount, and tenure.
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Personal
Details
Personal Details
Enter a few personal details.
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Equipment
Details
Equipment Details
Enter technical details of the medical equipment and upload all necessary documents.
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Verification
Verification
Your application will then be processed for verification and assessment.