Medical equipment loan interest rates & charges

Medical Equipment LoanGet equipped to ensure high quality care

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

Medical Equipment Loan Interest Rates & Charges

Know all the applicable charges and cost

Interest Rate Logo Interest rate
  • To make your loan repayment affordable, we provide a Medical Equipment Loan at a competitive interest rate.
Loan Fees Logo Processing fees
  • We levy a minimum fee on loan sanction to handle loan processing and other administrative costs.
Late Replayment Logo Late payment penalties

Defaulting on loan EMIs attracts a penalty and penalty charges are mentioned below:

  • Penal interest: 3% charged on the defaulted EMI amount every month

Also, in case of cheque bounce there will be a charge ₹1,000 per bounce, plus taxes as applicable.

Fee And Charges Logo Other charges
  • Kindly check our tariff sheet document to get more details about our other fees and applicable charges.

Medical Equipment Loan – Schedule of Charges & Other Features

Medical Equipment Loan Interest Rates 9.99% p.a onwards
Loan Amount ₹1 Lakh - ₹10 Cr
Loan Processing Fees Minimum processing fees
Loan Tenure Up to 84 months
Prepayment/Foreclosure Charges 0%* If paid from own sources.

4% of the outstanding loan amount plus taxes if paid from other sources
Late Payment Charges 3% per month
Cheque Bounce Charges ₹1000 per bounce plus applicable taxes
Stamp Duty At actuals
No Other Hidden Charges

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