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Medical Loan

A medical emergency incurs heavy expenditure inclusive of the treatment, medicines, surgery and post-care procedures, if required. When you are not ready to face this storm, a medical emergency loan is the right source to raise immediate money. This blow of collating emergency funds for a salaried individual is a difficult task. With the medical loan in hand, medical bills and daily expenses can be balanced easily. An instant medical loan is truly a saviour that can help you to generate quick money in less time.

Get an instant medical loan through your smartphone for paying off pending medical bills. Your smartphone is an easy source to get through instant loan apps and websites approving medical loans. Hero FinCorp Instant Personal Loan is a reliable loan app that can be your financial support in times of medical emergencies. You can avail a loan up to 3 lakh in 2 days via the Hero FinCorp is a reliable personal loan app that can be your financial support in times of medical emergencies. You can avail a loan up to Rs 3 lakh in 24 hours via the instant cash loan app, launched by a trustworthy financial firm in India.

Breaking your savings, asking a relative, selling jewellery, mortgaging a vehicle etc. has taken a backseat when financial help is required. In times of urgency, instant medical loan works faster and can be applied from the convenience of your location. Consider the instant loan app features to know why you should apply for medical loans online.

Medical Loan
हिंदी में पढ़ें

Features and Benefits of Medical Loan

When you see a close family member struggling with a medical condition, nothing else comes to the mind except providing them relief. Even though the savings are less, and the medical expenses are more, an instant medical loan is a reliable facility to raise funds for a medical emergency.

Medical loan helps in accumulating life saving finances. The user-friendly features and benefits of a medical loan online support the emergency financial needs just in time. Go through the features and benefits of a medical loan online:

Quick Loan Approval

Quick loan approvals

Medical emergency can’t wait. The funds have to be arranged immediately. Instant personal loan apps sanction disbursal of loan amount within a few hours directly into your account in contrast to personal loan offline takes weeks to approve the loan amount.

No Physical Documents

No physical documentation

Another significant reason to get a medical loan via instant loan app is the paperless documentation procedure that does not require any kind of paper work. The minimal required documentation is uploaded on the preferred instant loan app and processed in real time for instant approval

Flexible EMI Repayment

Flexible repayment option

Borrowers can select the date and tenure for EMI payments. Flexible repayment option encourages you to borrow more since the loan repayment becomes convenient.

Loan EMI Calculator

Loan EMI calculator

EMI calculator is an in-built feature in the instant loan apps. It gives the flexibility to decide the loan amount, tenure and interest rate as per your repayment ability.

Loan EMI Calculator

Quick Disbursal

Once the required documents are verified, the loan status shows approved in real time. Quick disbursal is beneficial for those in need of medical emergency loans.

Loan EMI Calculator

Interest Rates

An affordable interest rate on medical interest loans makes it viable for the borrowers to support emergency medical expenses. The medical personal loan interest rate at Hero FinCorp at 25% p.a.

How to Apply for Medical Loan Online Through Hero FinCorp Instant Personal Loan

Patients or their family members who do not have a medical claim can apply for an instant medical loan online. HeroFinCorp is a speedy instant personal loan app, which is just the right source to acquire an emergency medical loan of Rs.50,000 to 3 lakh. Download the loan app freely from the Google Play Store and begin with the online medical loan process.

Medical Emergency Loan
  • Register your mobile number linked to Aadhaar card or enter email ID to receive an OTP number for verification.

  • Enter your Aadhar card number or smart card driving license

  • Select the loan amount and tenure through loan EMI calculator

  • Lastly, fill in your personal, financial and occupational details through digitized KYC documents, verified in real time

  • Out of the listed banks, select your bank and enter account details in which you want the loan amount to get disbursed.

Eligibility Criteria and Documents for Medical Loan

Instant medical loan works faster with minimal eligibility criteria and paperless documentation. Quick approval makes medical loans online very reliable to manage medical emergency expenses in a hassle-free way.

  • 1

    Age criteria: Applicant should be between 21-58 years

  • 2

    Minimum monthly income for salaried: Applicant should at least earn a minimum amount of Rs.15,000 monthly

  • 3

    Minimum monthly income for self-employed: Minimum earning should be Rs.15,000 monthly and six months bank statement is compulsory

  • 4

    Income proof: 6 months bank statement of salaried or personal account

  • 5

    Aadhar card is the first document when applying for instant personal loan

  • 6

    In the absence of Aadhar card, you can provide your Pan card/ driving license

  • 7

    Other important documents include your professional and financial details inclusive of 6 months bank account statement

  • 8

    Your account should be in any of the accepted banks as suggested by the financial institution

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