Upgrade Your Laboratory With a Medical Equipment Loan
Enhance your healthcare facility by upgrading your clinical laboratory. Get a Medical Equipment Loan to purchase or upgrade equipment such as X-ray machines, ultrasound scanners, CT scanners, MRI machines, ECG monitors, etc.
Apply for a Medical Equipment Loan for Laboratory with Poonawalla Fincorp to get up to ₹10 Crore with flexible tenure, attractive interest rates and zero hidden charges. Apply now!
Why Choose Poonawalla Fincorp
Online Medical Equipment Loan EMI Calculator
Plan your loan repayments using our free online EMI calculator. Simply enter data in the three fields given, and you will know the EMI amount instantly. 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 to Get a Loan for Laboratory
Meet the following eligibility criteria for swift approval:
- Age: 25 to 65 years
- Education: MBBS/MDS/MD/MS/BDS
-
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 eligibility criteria in detail.
Documents Required for a Medical Equipment Loan for Laboratory
Keep the following few documents ready for a hassle-free experience:
- KYC Documents: PAN card, Aadhaar card, Driving Licence, Passport, etc.
- Financial Proof: Bank account statement of last six months
- Qualification Proof: Degree Certificate and Certificate of Practice
Click to know more about documentation in detail.
Interest Rate for Medical Equipment Loan and Other Charges
Access affordable financing with our competitive interest rates. Check our interest rates and charges below:
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 Medical Equipment Loan for Laboratory
- Expand or renovate your laboratory
- Buy expensive medical equipment
- Import high-end tools
- Acquire advanced and experimental technologies
Who Can Get a Medical Equipment Loan for Laboratory?
- Doctors
- Diagnostic centres
- Critical care specialists
- Endocrinologists
- Family physicians
Happy Customers, Happy Us


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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!


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Frequently Asked Questions
If you are a qualified healthcare professional looking for funds to upgrade or expand your medical laboratory, you can apply for this loan. You can use the funds to purchase various medical devices and equipment.
Yes, you need to have one of the following degrees and present a degree certificate to avail this loan:
- MBBS
- MD
- MS
- MDS
- BDS
- Other recognised degrees
You only need to submit a few basic documents, including:
- KYC Documents: Government-issued IDs like Voter Card, PAN Card, Aadhaar Card, Firm/Company PAN Card and Business Registration Proof.
- Financial Documents: Six months’ bank account statements
- Qualification Documents: Certificate of Degree and Practise
T&C Apply*