Loan Amount
Up to ₹50 Lakh
Interest Rate
Starting at 9.99%* p.a.
Loan Tenure
12-84 Months

Apply for a Loan for a Medical Emergency Instantly

Fund all your medical expenses without straining your budget. Get a collateral-free Personal Loan for medical emergencies from Poonawalla Fincorp to cover all costs incurred during a sudden medical emergency. Avail of up to ₹50 Lakh with affordable interest rates, flexible repayment tenure, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Collateral-free
Loan
High Loan
Amount
Affordable
Interest Rate
Flexible
Repayment Tenure
Zero Hidden
Charges
Minimal Documentation

EMI Calculator for Medical Emergency Loan

Use our loan EMI calculator for a quick estimate of your monthly repayments. Enter your loan amount, tenure, and interest rate to get instant results. Try it now!

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
9.99 %
30 %

Tenure

Months
12Months
84Months

Apply for a Personal Loan in Just 3 Steps

Step1

Click on “Apply Now”

Tap the “Apply Now”button to initiate your application.

Step2

Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

Step3

Upload Documents

Upload the necessary documents for quicker approval.

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

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Personal Loan for Medical Emergency

Fulfil our simple eligibility criteria:

  • Age: Between 21 and 60 years.
  • Citizenship: Indian.
  • Employment: Full-time job with a government entity, public/private limited company, LLP, educational institution, or a company approved by Poonawalla Fincorp.
  • Work Experience: Minimum 1 year, with at least 1 month in the current job.
  • Monthly Income: At least ₹30,000.

Documents Required for a Medical Emergency Loan

Furnish the following documentation to avail of a loan for medical emergency:

  • Address Proof: Utility Bills, Passport, or Rent Agreement.
  • KYC Documents: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport.
  • Employment Proof: Official Email ID or Employee ID Card.
  • Financial Documents: Bank statements for the last 3 months.
  • Income Proof: Recent salary slips for the last 3 months.

Interest Rate and Charges for a Medical Loan

Get a Personal Loan for medical emergency at affordable interest rates and minimal charges:

Interest Rate
9.99%* p.a. onwards
Loan Amount
₹1 Lakh to ₹50 Lakh
Loan Processing Fees
Up to 3% plus applicable taxes
Lowest EMI Per Month
Starting from ₹2,124* per Lakh for 60 months
Loan Tenure
12 – 84 months
Prepayment/Foreclosure Charges
0% if paid from own sources
4% if paid from other sources
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
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 a Personal Loan

  • Pay for hospitals bills
  • Cover treatment costs
  • Pay for medicines
  • Cover post-hospitalisation expenses

Who Can Get a Personal Loan for Medical Emergencies

  • Salaried individuals
  • Salaried Chartered Accountants
  • Salaried doctors
  • Salaried Company Secretaries

Tips for Successful Personal Loan Application

  • Avoid making multiple loan applications
  • Ensure that all the information you provide is accurate
  • Consider planning out your monthly repayments
  • Consider consulting with a financial advisor or loan expert
  • Maintain a healthy credit score
  • Always seek clarification on any loan terms

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

What is the minimum and maximum loan amount for a medical emergency loan?

The minimum and maximum loan amount for a medical emergency loan is ₹1 Lakh and ₹50 Lakh respectively.

What are the applicable part payment charges?

There are no applicable part payment charges associated with a loan for a medical treatment if the loan is repaid from your own funds. However, 4% prepayment charges are applicable if the loan is repaid from other sources.

What is the maximum repayment tenure of a Personal Loan for a Medical Emergency?

The maximum repayment tenure for a Personal Loan is 84 months i.e. 7 years. You can choose any tenure between 12 months and 84 months at your convenience.

What are the late payment charges on a loan for a Hospital Treatment?

In case of a late payment, a 2% per month interest is levied on the due amount.
T&C Apply*