Features and benefits of medical equipment loan

Medical Equipment Loan
with festive offers

Attractive interest rates
starting @ 9.99%* p.a.

Flexible-Tenure

Flexible Tenure of
Up to 84 months

Higher-Finance-Amount

Higher Finance Amount
Up to ₹3 crore

Medical Equipment Loan Features & Benefits

Explore the best suited solutions to fund your medical practice

Upgrading to high grade medical equipment involves significant costs. We understand your needs and offer Medical Equipment Loan with the best-in-class to ensure you give your patients the best care.

Benefits of Loan Higher loan amounts
At Poonawalla Fincorp, we provide Medical Equipment Loan up to 3 Crore to help enhance and upgrade operations and meet the needs of your growing practice.
Collateral free loan Structured Repayment Allowed
Enjoy principal moratorium up to 2 years.
Loan Approval Logo Quick disbursal
Meet your funding requirements for purchase of medical equipment with minimum documentation for a quick and hassle-free experience.
Interest Rates Competitive interest rates
Our attractive and competitive interest rates on your loan make Poonawalla Fincorp Medical Equipment Loans a smart and cost-effective choice.
Document Required Logo Simplified documentation process
Understanding your timely needs, our simplified Medical Equipment Loan application and documentation process helps you save time.
Loan Repayment Logo Flexible loan tenure
You can choose to your repayment tenure of up to 84 months as per your convenience.
No Hidden Charges Logo No hidden costs
We believe in complete transparency with our customers, so you avail our loans at zero hidden costs or charges.
Easy Process logo Convenience of online process
You can avail loans without any hassles from the comfort of your home/office with our simple online application process.

Interest Rate

APR ranging from 9.99% to 11.99% | Minimum processing fees.

Repayment

Flexible repayment tenure from 1 year to 7 years with 5% Foreclosure charges on principal outstanding plus applicable taxes until 6 months.

Example

Loan Amount Rs.30 lakh, Interest Rate: 10%, Tenure: 5 years, equates to EMI of Rs. 63,741 per month.

This rate of interest is prone to fluctuation basis our internal credit and risk policy, and as per an algorithmic multivariate score card.
*T&C Apply

Apply for Medical Equipment Loan Online in 5 Easy Steps Arrow Logo

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Apply Online

Click on Apply Now and fill in the application form

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Documents

Submit Documents

Provide your KYC and Income documents

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Verification

Verification

Your application will be processed for verification

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Quick
Approval

Quick Approval

Get your loan approval in a quick process

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Instant
Disbursed

Instant Disbursed

That’s it! Your Loan is instantly credited in your account

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Professional Loan for Doctors
Why do doctors need a professional loan?

Medical studies are expensive, and the expense for a doctor continues even after they’ve set up their practice, or when they try to expand their practice. These are the scenarios

Cash Flows
How to manage cash flow in business?

The key to a sustainable business is its financial and cash flow management! Your working capital helps you define a realistic business growth plan, goals and grab the opportunities on your way. Whether you want to scale up the operations, expand the existing structure, purchase state-of-the-art machines and equipment, or need help in maintaining your day-to-day capital, cash flows management plays a crucial rule for all of them.

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