Get Medical Equipment Loan with a Range of Attractive Features and Benefits
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Higher loan amounts You can get a loan up to ₹10 Crore. |
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Convenient Repayment Option You get a moratorium of up to 6 months. This means you can start paying EMIs after 6 months from the date of approval. |
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Competitive Interest Rates Our Medical Equipment Loan interest rates are the most competitive in the market starting at 9.99%, which make your EMIs affordable. |
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Minimal Documentation You need not worry about dealing with complicated paperwork when you apply for a Medical Equipment Loan with us. You must submit only a few basic documents like income proof and KYC. This helps save time and speeds up the loan application process. |
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Flexible Loan Tenure Our Medical Equipment Loan comes with a flexible repayment tenure up to 84 months, allows you to plan your finances better and manage the repayments without affecting your monthly budget. |
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Quick Disbursal The loan is disbursed within a few hours of approval, giving a hassle-free borrowing experience. |
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Zero Hidden Charges We maintain complete transparency in our process and all fees and charges are disclosed. So, you can be assured of not paying any additional charges other than the charges mentioned in the loan offer document. |
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Online Process Our Medical Equipment Loan is processed quickly and efficiently through an online application process, ensuring a seamless borrowing experience for our customers. Once you submit the application, you will be assisted by our representative to facilitate quick processing and disbursal of the loan. |
Avail Medical Equipment Loan to Fulfil Different Purposes
At Poonawalla Fincorp, we have no restrictions on the end-use of Medical Equipment Loan. You can use it to expand the loan for following purposes:
- Set-up a new medical care facility.
- Expand your current healthcare facility (clinic, hospitality, laboratory, or diagnostic centre.)
- Buy a new medical equipment or upgrade technology.
How to Apply for a Medical Equipment Loan?
You can apply for a Medical Equipment Loan in three simple steps as mentioned below:
- Step 1: Click on the ‘Apply Now’ button on our website.
- Step 2: Enter your details in the application form.
- Step 3: Upload the documents and submit with the application for further verification.
Once the loan application is assessed and verified, you will receive confirmation from our representative. Simply approve the loan offer and authorise disbursal.
Frequently Asked Questions
At Poonawalla Fincorp, we have a minimal documentation process for Medical Equipment Loan. 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: Government-issued IDs such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport (for self-employed individuals). Firm/Company PAN Card, and other Applicable Registrations (for Firm/Company).
- Bank Account Statement: Bank account statement for last six months
- Qualification Documents: Degree Certificate and Certificate of Practice
Yes, you an foreclose or prepay your Medical Equipment Loan. At Poonawalla Fincorp, we don’t levy any foreclosure charges, if you repay the amount from your own sources.
No. If you have a bad credit history or defaulted on your previous loan payments, it would be difficult for you to get the Medical Equipment Loan.
*Terms & Conditions Apply
