Medical equipment loan interest rates & charges

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 Interest Rates & Charges

Know all the applicable charges and cost

Interest Rate Logo Interest rate
Payment Logo Pre-payment charges
  • 5% on principal outstanding plus applicable taxes until 6 months
Loan Fees Logo Processing fees
  • Minimum processing fees
Late Replayment Logo Late payment penalties
  • 1000 bouncing charge (per bounce) + taxes 3% interest penalty will be charged on the overdue amount (this is a monthly charge).
  • T&C Apply

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

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Professional Loan for Doctors
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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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