Access Medical Equipment Loans for Doctors Instantly!
Get a Medical Equipment Loan of up to ₹10 Crore for setting up or upgrading hospitals, clinics and diagnostic centres. Enjoy hassle-free processing, simple eligibility criteria, flexible tenures and quick disbursal with Poonawalla Fincorp’s Medical Equipment Loan. Access seamless financial support with no hidden charges. Apply now!
Why Choose Poonawalla Fincorp
EMI Calculator for Equipment Loan for Doctors
Use our online EMI calculator to determine your EMIs. Enter the loan amount, interest rates, and loan tenure to get instant results. Try now!
Apply for a Medical Equipment Loan in Just 3 Steps
Click on ‘Apply Now’
Tap the "Apply Now" button to initiate your application.
Enter Details
Enter your personal, contact, and technical details of the medical equipment.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly
Eligibility Criteria for a Medical Equipment Loan for Doctors
Fulfil our eligibility criteria to avail the Medical Equipment Loan:
- Age: 25 to 65 years.
-
Work Experience:
Minimum 1 year of post-qualification experience for MBBS/MDS/MD/MS/BDS.
At least 3 years of post-qualification experience for doctors having medical degrees apart from the ones mentioned above.
Note: The eligibility criteria provided are indicative. Additional eligibility conditions may be required while processing the loan application.
Documents Required for a Medical Equipment Loan for Doctors
Submit the following documents to apply for the loan:
- KYC Documents
- Bank Account Statement
- Qualification Documents
Click to know more about all the documents required
Interest Rate and Charges for Medical Equipment Loan for Doctors
Avail of a Medical Equipment Loan for Doctors at competitive interest rates and nominal charges:
For Full Prepayment/Foreclosure (after payment of 6 EMIs):
- 0%* If paid from own sources.
- 4% of the outstanding loan amount plus taxes if paid from other sources
For part-prepayment (after payment of 6 EMIs): Nil
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Different Uses of Equipment Loan for Doctors
- Upgrade Medical Equipment
- Expand Medical Practices
- Boost Patient Care
- Streamline Operations
- Improve Medical Services
- Meet Working Capital Expenses
Tips for a Successful Medical Equipment Loan Application
- Check the loan eligibility criteria
- Know the price, quality and other specifications of medical equipment(s)
- Check your credit score and repayment history
- Collect the required documents before applying for the loan
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
The Medical Equipment Financing for doctors offered by Poonawalla Fincorp is a secured loan.
Defaulting on a Medical Equipment Loan EMI results in a 24% annual penalty, while bounced cheques incur a ₹500 charge.
To calculate your EMI amount, you can use the Medical Equipment Loan EMI calculator. Simply enter your desired loan amount, tenure and interest rate to determine your repayment amount.
*T&C apply