In our smooth sailing daily life, any expense that comes out of turn is always a cause of worry. Your house may require new paints or roof, your child may need to attend some coaching class this semester, a trip that you wanted to take may come at a discounted rate, a wedding in the family, etc.
Of all the emergency cash requirements that we may face, a medical emergency is the worst kind. A medical emergency always comes unannounced and unlike other emergency expenses like a home up-gradation, a wedding, or travel, this cannot be put off for another time. Once it comes knocking on your door you must attend to it.
Irrespective of whether you have medical insurance or not, there are some expenses that will go out of your pocket and during such times you may be tempted to break open that long-term savings fund so that you can meet your cash requirement. However, a personal loan with low interest can help avert such emergencies and it helps in dealing with the situation at hand without having to disrupt your savings.
A personal loan is a type of unsecured loan that is easily available if you meet the minimum requirements and eligibility. It can ease your pain by sharing the load. At a stressful time like a medical emergency, the last thing you would want is to spend time and energy in procuring a loan. The ease and convenience at which you can secure a personal loan certainly help in alleviating some of the stress during such difficult times. Seek a medical loan with a low-interest rate to manage EMIs conveniently.
Features and benefits of a medical personal loan
Low-interest rates
Compared to other modes of credit or loans, a personal loan has low-interest rates. This makes the borrower confident of repaying loans with a lower EMI.
Collateral free loans
You can get a personal loan without mortgaging any assets or properties. It is a collateral-free loan that can be obtained without presenting any assets as security.
Instant cash
Time is of utmost importance in situations like a medical emergency. If you cannot get the money in time for any surgery or medical procedure, then it can become very stressful. With a personal loan of low-interest rate, you can ensure instant loan approvals and quick disbursals by applying for loans online or by downloading
instant cash loan apps like HeroFinCorp, that enables the quick application of loan and quicker disbursals.
Flexible principal
You can take a personal loan for as low as INR 50,000 to as high as INR 150,000 depending on your needs and requirements.
EMI repayment
Personal loans offer a customisable EMI facility that can help you in deciding your instalments in advance. Use the in-built EMI calculator and get an accurate EMI figure in few seconds.
Eligibility criteria
If you are an Indian citizen above the age of 21 years and below the age of 58 years with a minimum income of INR 15,000 per month, then you are eligible to take a personal loan for medical purposes with a low-interest rate.
Make a comparison between different
instant loan apps to get a personal loan for a medical emergency at a low-interest rate.
