Quick and Easy Medical Equipment Loan for a Hospital
World-class hospitals require world-class equipment, which in turn need considerable investments. As the owner of a hospital, there might be times when you don’t have enough funds for upgrading equipment. After all, running a hospital involves huge operational expenses such as paying doctors, other staff, administration requirements, etc. To help with the capital flow Poonawalla Fincorp brings Medical Equipment Loans for Hospitals.
Our Medical Equipment Loans for Hospitals are easily accessible, have a high loan amount, and are available at affordable interest rates, with flexible tenures and no hidden charges. You can use the funds from the loan to expand an existing hospital or upgrade your medical equipment. You can also use the funds to improve the technology in your hospital and get the best machinery from around the world.
Getting a Medical Equipment Loan for Hospitals from Poonawalla Fincorp is an uncomplicated and quick process. All you need to do is check your eligibility, submit a few documents for verification, and get the loan amount disbursed quickly.
Uses of a Medical Equipment Loan for Hospitals
Medical Equipment Loan for Hospitals is a loan that is specifically granted to purchase equipment such as the latest imaging tools, diagnostics technology, oxygen concentrator, and any other equipment required to improve infrastructure of a hospital. With Poonawalla Fincorp’s offering, you can upgrade to a state-of-the-art hospital facility. Here’s how you can use the funds from the loan:
- To expand your hospital facilities
- To buy new equipment
- To import high-end tools
- To upgrade your existing hospital equipment
Features & Benefits of Online Medical Equipment Loan for Hospitals
Flexible Repayment | Hassle-Free Process | Online Disbursement
Upgrading a hospital can be a long and arduous affair. Poonawalla Fincorp’s loan to expand a hospital makes this process easier. You can be assured of high loan amounts to purchase any equipment you need, enjoy a hassle-free experience, and complete the entire process online.
The most attractive features of Poonawalla Fincorp’s Medical Equipment Loan for Hospitals are:
- Sizeable loan amount of up to ₹10 Crore
- Loan tenure of up to 84 months
- Low interest rates
- Straightforward documentation
- Moratorium of up to 6 months
- Zero hidden charges
- Complete online process
- Fast processing and disbursal
- Easy loan application process with a few easy steps
Eligibility for a Medical Equipment Loan for Hospitals
To get a Medical Equipment Loan for Hospitals from Poonawalla Fincorp, you need to meet certain basic requirements based on the following parameters, which include:
- Age limit of the key applicant
- Indian citizenship of the key applicant
- Necessary educational qualifications
- Minimum work experience as a doctor
Do note the above-mentioned Medical Equipment Loan eligibility list is indicative. Additional eligibility criteria may be required during loan processing by Poonawalla Fincorp.
Documents Required for a Medical Equipment Loan for Hospitals
To get an equipment loan for a hospital project, you might need the following documents:
- KYC documents such as PAN Card of the hospital, business address proof, etc.
- Bank account statements
- Certificate of professional hospital practice
Do note the above-mentioned Medical Equipment Loan document list is indicative. Additional documents may be required during loan processing.
Frequently Asked Questions
Why should I take a Medical Equipment Loan for a Hospital?
The best hospitals need the best equipment and infrastructure. With this loan, you can upgrade the equipment in your existing hospital, expand your services, and upgrade infrastructure. Poonawalla Fincorp offers Medical Equipment Loans for Hospitals at affordable rates and high loan amounts.
What is the duration of a Medical Equipment Loan for a Hospital?
Medical Equipment Loans for Hospitals are available for a maximum tenure of 84 months or seven years at Poonawalla Fincorp. The tenure ensures you have enough time to pay off your dues.
Who can apply for a loan to expand a hospital?
Any key medical practitioner can avail of Medical Equipment Loan for Hospitals. If a hospital is registered as a business, the hospital can also avail of the loan.
What documents are required to avail of a Medical Equipment Loan for a Hospital?
You will need to submit KYC documents, bank statements and a certificate of practice to avail of the loan. But do note that additional documents may be required during loan processing.
Why should I apply for a Medical Equipment Loan for Hospital with Poonawalla Fincorp?
Applying for a Medical Equipment Loan for Hospitals with Poonawalla Fincorp is easy, convenient, and hassle-free. You can apply for the loan online and get quick approval. Documentation requirements are also minimal. The loan amount is high, interest rates are affordable, and there are no hidden charges.
How to apply for a Medical Equipment Loan with Poonawalla Fincorp?
You can apply for a Medical Equipment Loan with Poonawalla Fincorp online or visit the nearest branch for offline assistance.