Medical Loan

What is a medical loan? 

Medical loans are customized borrowing options for people who do not have a health insurance plan and are in grave need of funds due to a medical emergency. It is n unsecured loan and helps people to cover expenses pertaining to operations, surgery, daycare procedure, or treatment.  However, banks demand a credit score of 650 and above before sanctioning medical loans to borrowers. 

Advantages of medical loan: 

  • You will no longer have jeopardized your savings or sold the property to afford a treatment.
  • Loans are quickly disbursed within 2-3 days
  • No collateral is required.
  • Easy EMI facility and minimal documentation. 
  • Covers treatment costs of all types of diseases. 

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