Medical Emergency Loan

Hindi

Medical Emergency Loan

Medical issues seldom come announced and in case of emergencies, having immediate financial assistance is important. Keeping this in mind, Moneyview offers medical emergency loans within just 24 hours to help you in your situation.

Top Features and Benefits of Medical Emergency Loan

Loan Amount

Attractive Loan Amount

Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility

Collateral Free Loans

Collateral Free Loans

You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor

fats disbursal

Fast Disbursal

The loan amount is disbursed to your bank account within 24 hours of approval

interest rates

Affordable Interest Rates

Interest rates starting from just 14% per annum

Eligibility Criteria for Medical Emergency Loan

Our lending partners' simple eligibility criteria for borrowers to get an emergency loan are as follows -

Documents Required for Medical Emergency Loan

You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.

The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.

Fees and Charges for Medical Emergency Loan

Our lending partners provide some of the market's most fair and affordable interest rates. The fees for Medical Emergency Loan are -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 14% per annum

Loan Processing Charges

Starting from 2% of the approved loan amount

Penal Charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

₹500/- each time

Medical Emergency Loan Calculator

Your monthly EMI is

10,201

per month for 5 months

Total Interest

1,004

Total Amount

51,004

Loan Amount

Min ₹10

Max ₹25,000

Rate of Interest

%

Min 5%

Max 25%

Loan Tenure

Min 3 months

Max 72 months

Need Urgent Funds?

Flexible Terms, No Hidden Fees, Easy Approvals

5000 Loan

How to Apply for Medical Emergency Loan?

  • 1

    Assess Your Eligibility

    Quickly check if you are eligible on the Moneyview platform in only 2 minutes!

  • 2

    Pick Your Repayment Duration

    Select the desired loan sum and repayment period from the options provided.

  • 3

    Share Your Documents Online

    Share only essential documents for profile verification, easily uploading them digitally.

  • 4

    Funds Disbursed

    Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!

Personal Loan Based on Your Budget

Personal Loan Based on Your Purpose

Personal Loan in Your City

Need Quick Cash?

Conclusion

Medical emergencies happen unannounced and can be very stressful. Having immediate funds handy in such situations can reduce the blow. An instant personal loan is a great way to arrange for funds in times of need.

You can get instant personal loans of up to Rs.10 Lakh through Moneyview, and the repayment tenure also ranges from 3 months to 5 years. And most importantly, the funds get disbursed to your bank account within 24 hours of you submitting the loan agreement.

To know more, you can visit the Moneyview website or download the app.

Medical Loans FAQs

A Medical Loan, as the name suggests, is a loan that is used for expenses related to a medical emergency or even for planned treatments of a medical condition. This could include the cost of surgeries , medicines, specialist fees, diagnostic tests, hospital costs in the form of room rent, consumables, etc.

Unlike home loans, education loans or auto loans, there is no specific loan for medical expenses. However, you can avail a personal loan to pay for the same.

A medical loan or a personal loan for meeting medical expenses can be availed from the following sources

  • Banks
  • NBFCs
  • Online private lenders such as Moneyview
Loans through Moneyview are popular as they are versatile, easy on the pocket, and are disbursed within 24 hours of loan approval. Additionally, there is no need for applicants to provide any form of collateral or security. 
In order to be eligible for a Moneyview personal loan, salaried applicants must be receiving a minimum monthly income of Rs.13,500 and self-employed applicants must be receiving a minimum monthly income of Rs.15,000. Apart from this, the income must be directly credited to the applicant’s bank account.

The documentation required for receiving a medical loan from Moneyview is very simple. All you will have to do is - 

  • Confirm or enter your PAN number 
  • Ensure that your mobile number is linked to your Aadhaar card for KYC verification
  • Provide a clear selfie taken in a well-lit area 

Please note that the documentation requirements will vary based on your profile. You may be required to upload proof of address, bank statement, and other supporting documents. 

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