We take care of funding needs from Rs.3 lakh to Rs.150 lakh for doctors looking to purchase medical equipment. Whether you are buying new or refurbished diagnostic implements and machines, we can provide you with the healthcare equipment finance loan required for your purchase.
Fund the cost of expensive instruments easily with an affordable interest rate on your medical equipment loan.
Divide all your expenses into affordable EMIs that can be repaid over a tenor ranging from 3 to 96 months.
Healthcare practitioners can easily qualify for a medical equipment loan after meeting our easy eligibility criteria and submitting minimal documents.
Healthcare finance professionals can get exclusive pre-approved offers up to Rs.45 lakh, which you can avail of by submitting only your PAN card, Aadhar card, medical degree certificate and medical registration certificate.
Access your healthcare equipment finance loan information at the touch of a button with an easy-to-use online account.
Bajaj Finserv offers the lowest medical equipment loan interest rates. Read more about our latest rate of interest, and view the complete list of fees and charges below.
|Types of Fees||Charges Applicable|
|Rate of interest||10.49% to 16%|
|Processing fees||1%-2% of the sanctioned loan amount, plus applicable taxes|
|Stamp Duty payable/Legal, Repossession and Incidental Charges||The actual stamp duty payable and the actual legal and incidental charges under the applicable law(s)|
|Bounce charges||Rs.3000 (Inclusive of applicable taxes)|
|Penal interest||Any delay in payment of Monthly Instalment/EMI shall attract penal interest at the rate of 2% per month on the Monthly Instalment/EMI outstanding, from the date of default until the receipt of Monthly Instalment/EMI.|
|Document/statement charges for statement of account/repayment schedule/foreclosure letter/No Dues Certificate/interest certificate/other documents||Download your e-statements/letters/certificates at no extra cost by logging into customer portal – Experia.
You can get a physical copy of your statements/letters/certificates/other documents from any of our branches at a nominal charge of Rs.50/- (Inclusive of applicable taxes) per document.
|Stamp Duty||At actuals. (as per State)|
|Full Prepayment (Foreclosure) charges||Nil|
|For Hybrid Flexi loan AMC charges||0.25 to 0.5% plus applicable taxes on the total withdrawable amount during the initial tenor.
0.25% plus applicable taxes on the total withdrawable amount during the subsequent tenor.