Medical equipment is essential for any healthcare business, whether it is a hospital, a clinic, a laboratory, or a dental practice. However, medical equipment can be very expensive and not easy to purchase outright. That is why we offer medical equipment loans to help you finance the purchase of new or refurbished medical equipment for your business.
A medical equipment loan is a type of business loan for doctors and other medical professionals who need to buy or upgrade their medical equipment. It can be used to finance various types of medical equipment, such as magnetic resonance imaging (MRI) machines, CT scanners, ultrasound machines, X-ray machines, oxygen cylinders, examination tables, etc.
Features and benefits of our medical equipment loan
Let's explore the Bajaj Finserv Medical Equipment Loan:
- Minimal documentation: Bajaj Finance streamlines the application process by requiring only a few basic documents. This simplifies the loan application, saving you time and effort.
- Quick approval: In most cases, approval for your medical equipment loan application will be granted within 48 hours. Experience swift processing and secure the necessary funds promptly.
- Flexible repayment options: Enjoy the convenience of flexible repayment tenures that can extend up to 120 months. This generous timeframe ensures you have sufficient time to comfortably repay the loan.
- No need for collateral: Obtain the loan without the requirement for collateral. Bajaj Finance offers unsecured medical equipment loans, reducing your risk and making the loan acquisition process smoother.
- Easy online application: Easily apply for the medical equipment loan from the convenience of your home through Bajaj Finance.
Eligibility for medical equipment loan
Nationality: Indian
Age:
- Minimum age - 18 years (18 years for non-financial /co-applicant/guarantor)
- Maximum age - 95 years*
CIBIL Score: 720 or higher
*Higher age limit is applicable at the time of loan maturity.
Documents for medical equipment loan
To apply for our medical equipment loan, you need to submit the following documents:
- Individual and business PAN card
- Aadhaar card
- Current account bank statements for the last 6 months
- Business vintage proof
- Degree certificate
- Certificate of practice, if applicable
Our medical equipment loan is a convenient and affordable way to finance the purchase of new or refurbished medical equipment for your healthcare business. It can help you improve the quality of your services, increase your revenue and stay ahead of the competition. Whether you need to buy a simple examination table or a sophisticated MRI machine, we have the right loan solution for you. To apply for our medical equipment loan, simply fill out our online application form and submit the required documents. Apply for our medical equipment loan today and take your healthcare business to the next level.
