Apply for a Quick Medical Equipment Loan for Hospital
Upgrade your medical infrastructure with advanced medical technology. Invest in the latest medical devices with a Medical Equipment Loan for Hospital from Poonawalla Fincorp. Get equipped to provide the best healthcare services at zero hidden charges and quick loan approval.
Avail of funds up to ₹10 Crore with affordable interest rates, flexible repayment tenure, minimal documentation, and quick disbursal. Apply now!
Why Choose Poonawalla Fincorp
Check EMI Amount Online With Our EMI Calculator
Estimate your loan EMIs with our easy-to-use EMI calculator. Enter the loan amount, interest rate and tenure to get results in seconds. Try it out!
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 Hospital
Meet our basic eligibility criteria to qualify:
- Age: Between 25 and 65 years.
-
Work Experience:
MBBS/MDS/MD/MS/BDS: Minimum 1 year of post-qualification experience.
Others: Minimum 3 years of post-qualification experience.
Click to know more about the eligibility criteria in detail.
Documents Required for Medical Equipment Loan for Hospital
Submit only the basic documents to apply for our Medical Equipment Loan:
- KYC Documents: Voter Card, PAN Card, Aadhaar Card, Passport or Driving License
- Financial Details: Six-month bank account statement
- Qualification documents: Certificate of Practice and Degree Certificate
Interest Rate and Charges for Loan for Hospital Devices
We offer Medical Equipment Loans at affordable interest rates and nominal charges:
4% of the outstanding loan amount plus taxes if paid from other sources.
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 Hospital Equipment Loan
- Upgrade hospital infrastructure
- Purchase the latest equipment
- Expand hospital facilities
- Stock medical supplies
Who Can Get a Medical Equipment Loan
- Doctors
- Hospitals
- Clinic owners
- Diagnostic centres
Tips for Successful Medical Equipment Loan Application
- Increase your CIBIL score
- Meet the eligibility criteria
- Furnish the required documents
- Reduce your business liabilities
- Provide profitable financial statements
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
A Medical Equipment Loan allows healthcare professionals to purchase expensive medical equipment (new or refurbished), tools and machinery to provide better services to their patients.
Follow the given steps to calculate EMIs:
- Go to the EMI Calculator section on this page.
- Enter the loan amount, tenure and interest rate to get results.
By availing of a Medical Equipment Loan from Poonawalla Fincorp, you get the following benefits:
- Fast Approval
- Zero Hidden Charges
- Attractive Interest Rates
- Flexible Repayment Tenure
- Instant Disbursal
- Minimal Documentation