Eligibility and documents required for medical equipment loan

Medical Equipment LoanGet equipped to ensure high quality care

Loan up to 10 Crore | Attractive Interest Rate | Flexible Tenure

Medical Equipment Loan Eligibility & Documentation

Important factors to consider before applying for a loan

Understating your needs we ensure a quick, hassle-free and convenient process of loan application so that you stay focused on your practice. With Poonawalla Fincorp Medical Equipment Loan, you enjoy simple eligibility with minimum documentation process. Want to know about your monthly loan installments? Calculate your Medical Equipment Loan EMI in a few seconds and get started with your loan application.

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Know your Eligibility Criteria

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Criteria Requirement
Eligible Applicant Age Key person should be minimum 25 years at time of loan application and maximum 65 years at loan maturity.
Work Experience MBBS/MDS/MD/MS: Minimum 1 year of post-qualification experience and for others 3 years of post-qualification experience.
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Documents Required for Medical Equipment Loan

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Documents Requirement
KYC Documents

For Self Employed Professionals:

  • PAN Card
  • Aadhaar Card
  • Residence Address Proof: Electricity Bill / Rent Agreement / Passport
  • Business Address Proof: Electricity Bill / Rent Agreement

For Firm / Company:

  • Firm/Company PAN Card, Business Address Proof and Other Applicable Registrations
  • Proprietor/Partner/Director: Aadhaar Card and PAN Card Residence Address Proof: Electricity Bill/Rent Agreement/Passport
Bank Account Statement Operative bank account statement of the last 6 months.
Qualification Documents Degree Certificate and Certificate of Practice.

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