Know How You Can Tackle Medical Emergency with an Instant Personal Loan

Pardeep Sharma
Loan and Banking in India
2 min readApr 15, 2021
Medical Loan

A medical emergency is a situation that can strike anyone without intimation. If you are not financially sound, you may face issues in dealing with it.

Many people think about liquidating their assets and savings to manage the situation. It is where availing of a medical loan is one of the best resorts.

Let’s know how an instant personal loan for a medical emergency can help you cover your needs!

  1. A large loan amount

Based on your needs, you can get an amount of up to Rs.25 lakh to cater to your needs. You can use the loan eligibility calculator to know an amount that you will be eligible for. If your CIBIL score is good, you can get fast loan approvals. It may also be possible to enjoy lower personal loan interest rates.

2. Money disbursements within 24 hours

You can get the sanctioned loan amount into your bank account within 24 hours*. You can use the medical loan amount for your urgent and other needs without restrictions.

3. Instant approvals

If you can meet the lender’s eligibility and furnish the required documents, you can get instant loan approval. Nowadays, the personal loan verification process of lenders is dead easy and less cumbersome. You can prepare by being aware of the exact loan eligibility terms of lenders. It is enlisted on their websites.

4. Flexible repayment tenor

Applying for a medical loan does not mean repaying your loan money instantly and hampering your outlays. It is because you can spread the loan money over a tenor of up to 60 months and pay reduced EMIs.

The medical loan application is possible on a lender’s website. You can follow the steps as mentioned on your preferred lender websites and do that easily.

Bajaj Finserv offers pre-approved deals on personal loans, home loans and more. It is to simplify the processing of the loan and make it faster.

You can check out your pre-approved loan offers today after sharing your basic details like your name and mobile number.

Must Read: Manage Your Medical Emergency With An Instant Personal Loan

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Pardeep Sharma
Loan and Banking in India

An experienced financial analyst, researcher & writer. I have done MBA in Finance. I have worked extensively in the finance sector.