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.

Eligibility Criteria for Medical Emergency Loan

Here is the eligibility criteria to fulfill if you need an emergency medical loan -

• You have to be between the ages of 21 and 57 years

• You must have a monthly income of at least Rs.13,500 if you are salaried

• You must have a monthly income of at least Rs.15,000 if you are self-employed

• Your income must be credited directly to your bank account

• You must have a minimum CIBIL or Experian score of 650

What Are the Documents Needed for a Medical Loan?

The documentation required for procuring a medical emergency 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. 

In case you are required to upload proof of address, any one of the following documents will suffice - 

• Aadhaar Card

• Valid Indian Passport

• Valid Voter ID

• Valid Driver’s License

• Utility Bills (Electricity, Water, Gas) dated within the last 60 days 

In case you are required to upload proof of income, you must furnish your bank statement for the last three months. This statement must also show your salary credits.

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 from 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.