Medical emergencies never come with a notice but need instant funds for speedy recovery. With our personal loan for medical emergency, you can get funds up to `25 lakhs and choose the best medical treatment without worrying about the bills.
*Terms and Conditions Apply
To avail a personal loan for medical emergency, you must be a resident citizen of India, between the ages of 21 years and 60 years. If you are a salaried employee, your income should be at least ₹20,000 per month (₹25,000 per month for residents of Mumbai and Delhi). For self-employed professionals, a minimum annual profit after tax is applicable instead. Please click here to know more about personal loan eligibility.
A personal loan for a medical emergency is offered at interest rates starting from 11.99%* per annum. The interest rate charged depends upon your credit score, your requirement, your existing relationship with us, the total loan amount and tenure, and the nature of your employment. Processing fee of up to 3% of the loan amount is also applicable.
|
Personal Loan Interest Rate |
11.99% to 36% |
|
Processing Fee |
Up to 3% of loan amount |
|
Loan Tenure |
Up to 60 months |
|
Lowest EMI Per Lakh |
₹2,275 for 60 months |
|
Prepayment Charges |
0% to 7%* |
Documents required for personal loans include:
For more details, check our documentation for personal loans page.
We understand that time is of the essence when facing an emergency. This is why we have designed the application process of personal loan for a medical emergency to be as simple as possible.
To start the application process, click on the Apply Now button and provide your personal, financial and employment information. Next, select the loan amount and tenure to get instant approval online. Our representative will get in touch with you to collect the required documents, and the loan amount will be disbursed within 24 hours depending upon all the documents being successfully verified.
Here are the steps for an instant personal loan application with Fullerton India:
A medical emergency loan is a personal loan that is exclusively meant to be used to pay for medical bills in case of an emergency. This allows you to get the best care for your loved ones, without worrying about the finances.
The loan amount is disbursed within 24 hours of approval and documents verification.
No, you need not mention the type or reason for treatment to avail our personal loans.
In order to make your experience as hassle-free as possible, we have kept the documentation for a personal loan to a bare minimum. The basic list is provided below. To know more, please contact customer care.
Existing customers may directly apply for this loan via the customer login portal for quicker service.
A collateral-free loan of up to ₹25 lakhs can be obtained through instant approval online. If you require a higher loan amount, you may apply for a secured loan such as a loan against securities or a loan against property. There is no minimum limit on the loan amount. To know more, please contact customer care or your nearest Fullerton India branch.
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
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