Personal Loan for Medical Emergency

Personal Loan for a Medical Emergency

Loan up to 30 Lakh | Attractive Interest Rate | Quick Approval

A Personal Loan for medical emergency is specifically designed to help you overcome the financial challenges you may face when a medical emergency comes knocking at your door. With healthcare costs increasing daily, getting quality treatment can be challenging, even with medical insurance.

You can use a Personal Loan for medical emergency during such tough times and meet all the treatment expenses. You can get a Personal Loan for medical emergency up to ₹30 Lakh and with online application process, you get quick approval. Apply Now!


Poonawalla Fincorp offers Personal Loan for medical emergency at the most competitive interest rate in the market, starting at 9.99%* p.a. The table below lists the other applicable charges.

Interest Rate 9.99%* p.a. onwards
Amount ₹1 Lakh to ₹30 Lakh
Processing Fee Up to 2% plus tax
Lowest EMI Starting from ₹2,124* per Lakh for 60 months
Tenure 12 – 60 months
Prepayment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 3% per month
Repayment Instrument Dishonor Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
Other Hidden Charges Nil

Our Personal Loan for Medical Emergency eligibility criteria are minimum so you can get maximum benefit.

Credit Score

Credit Score

Age Requirement


Citizenship Status


Monthly Income

Monthly Income

Work Experience logo

Work Experience

Employment Category

Employer Category

  • Credit Score – 750 and above.
  • Age - Between 22 and 57 years.
  • Citizenship - The applicant must be an Indian citizen.
  • Monthly Income - The applicant must earn a minimum monthly salary of ₹30,000.
  • Work Experience - Must have a minimum work experience of 1-2 years and must be employed in the current organisation for at least one month.
  • Employer Category – The applicant must be an employee of the Central Government, PSU (Public Sector Undertaking), Unlisted Public Ltd, MNC (Multinational Corporation), etc.

Note: The eligibility mentioned above list is indicative. Additional eligibility criteria may be required during loan processing by Poonawalla Fincorp.

Our simple documentation process ensures that you don’t deal with a lot of paperwork. You only need to submit a few basic documents, including:

  • KYC Documents

    KYC Documents

  • Income Proof

    Address Proof

  • Address Proof

    Income Proof

  • Proof of Employment

    Employment Proof

  • KYC Documents: Government-issued ID such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.
  • Address Proof:Rent agreement, utility bills, or passport.
  • Income Proof: Latest salary slips for the last 3 months, bank statement of the past three months or ITR (income tax returns).
  • Employment Proof: Employee ID card, appointment letter, or business ownership documents.

Note: The above-mentioned loan documents list is indicative. Additional documents may be required during loan processing.

During a medical emergency, you need access to funds immediately to take care of treatment expenses. In such a situation, applying for a Personal Loan for medical emergency is a viable financial solution. You can get the funds you need without using up your savings.

Also, it helps you avoid the stress of arranging funds and focus on getting the best medical treatment. Here are a few other reasons you must choose a Personal Loan for medical emergency.

Access to quality healthcare

You can get treatment for illness at the best hospital without worrying about the high cost.

Easy online application process

Just hit the ‘Apply Now’ button to get Personal Loan for medical emergency!

Competitive interest rates

At Poonawalla Fincorp, we offer Personal Loan for medical emergency at the most competitive interest rate starting from 9.99% p.a. This makes your monthly EMIs affordable, and the repayment easy.

Quick approval and disbursal

The simple online process lets you get fast approval and the funds credited to your bank account immediately.

Minimal documentation

Submit a few basic documents to get the loan. You must provide KYC documents and address proof.

No collateral needed

Personal Loan for medical emergency is an unsecured loan, meaning, you need not pledge any asset to get the funds.

Keep your savings secure

Applying for a Personal Loan for medical emergency allows you to get the funds without depleting your savings.

Zero hidden charges

All fees and charges are disclosed.

Flexible repayment tenure

Repay the loan at your convenience with a loan tenure of up to 60 months .

We aim to deliver a seamless and hassle-free borrowing experience to our customers. Our personal loans are easy to avail of, offer instant approval and a high degree of customisation to cater to your specific requirements.

Below are the striking features and benefits of our personal loans for medical emergencies:

  • Simple application procedure

    Easy online application

  • Minimal documentation Logo

    No collateral/security required

  • Rapid approval and disbursal

    Instant approval and quick disbursal

  • Affordable interest rate

    Attractive rate of interest

  • Minimal documentation

    Minimal documentation

  • Flexible repayment tenure

    Flexible repayment tenure

  • No hidden charges

    No hidden charges

  • Doorstep services

    Doorstep services

  • Step 1: Click on ‘Apply Now.’
  • Step 2: Fill in the details like – DOB, qualification, residential address, etc.
  • Step 3: Submit all the necessary documents for verification.

Once your documents are verified, the approved amount will be credited to your bank account.

Semi Circle Logo
Laptop Logo

Apply Online

Click on ‘Apply Now’ and complete the application form

Semi Circle Logo
Quick approvals

Personal Details

Enter your DOB, qualification, and residential details

Semi Circle Logo
Application Verification


Submit and upload all details for verification and assessment

What is a Personal Loan for medical emergency?

A Personal Loan for a medical emergency is a loan that helps people take care of unforeseen medical expenses. You can avail of this loan and use the fund to pay the doctor’s fees, bed charges and all other treatment expenses.

Since it is an unsecured loan, you need not provide against the amount you borrow and get quick approval. At Poonawalla Fincorp, you can get this loan at a competitive interest rate, starting at 9.9% p.a., which makes repayment easy.

Is it a good idea to borrow a personal loan for a medical emergency?

Yes, getting a Personal Loan for medical emergency is one of the easiest ways to get funds to mitigate medical contingency. It allows you to get the best medical treatment without worrying about lack of funds.

How much time does it take for the disbursal of a medical emergency loan?

Personal Loan for medical emergency is an unsecured loan, so the approval process is simple, and you get the amount credited to your account as soon as your application is approved. Ensure you comply with the application process correctly and submit the necessary documents.

What are the interest rates and applicable charges for a personal loan for a medical emergency?

At Poonawalla Fincorp, we offer Personal Loan for medical emergency at the most competitive interest rate, starting from just 9.99% per annum. Additionally, you must pay a loan processing fee of up to 2% of the amount you borrow plus applicable taxes. Here is a complete list of Personal Loan for medical emergency interest rates and charges.

What are the steps to apply for a Personal Loan for medical emergency?

Applying for a Personal Loan for medical emergency with Poonawalla Fincorp is easy. You must follow the below steps:

  • Step 1: Click on the ‘Apply Now’ button.
  • Step 2: Fill in the required details on the loan application form.
  • Step 3: Upload necessary documents.

On successful verification, the loan amount will be disbursed into your bank account instantly.

*Terms & Conditions Apply

Explore Types of our Personal Loan Arrow Logo

Insightful Personal Loan Blogs Arrow Logo

Perosnal Loan for Government Employees
How Indian Government employees can apply for online Personal Loans?

Over the last few years, India's banking and financial services industry has evolved considerably. In the past, getting a loan was a tough nut to crack.

Perosnal Loan for Credit card Bills
How to use Personal Loan to Pay Credit Card Debt?

Credit cards are a reliable source of money to use for purchases, service bills, vacations, or emergencies. With the help of a credit card,

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp