Personal Loan For Medical Emergency: All You Need To Know

It is also wise to compare offerings of various lenders before applying, so that you can opt for a lender who offers you the most benefits at a low rate of interest. Bajaj Finserv’s Personal Loan For Medical Emergency promises approval within 5 minutes and disbursal within 24 hours of document verification. You can also benefit from pre-approved offers and expedite the process better. To enhance the convenience you enjoy, Bajaj Finserv gives you a flexible tenor of 24–60 months.

What is the eligibility criteria for applying for a medical emergency loan?

Eligibility criteria differamongst lenders. When choosing a lender, select one with minimal eligibility requirements to further speed up the approval process.

Take a look at the eligibility criteria that you must meet if you opt for Bajaj Finserv’smedical emergency loan.
- You must be an Indian citizen residing in the country
- You must between 25 and 58 years of age
- You must be a working professional employed by an MNC, public or private company
- You must meet the minimum salary requirement
Additional Read: 4 Reasons For Personal Loan Rejection And How To Avoid Them

To know the minimum salary requirements as per your location, click here. Additionally, you can check your eligibility in a few clicks by making use of Bajaj Finserv's eligibility calculator.

How to apply for a personal loan for medical emergency?

Most lenders have made applying easy by offering the option of online application. To apply for an emergency loan online with Bajaj Finserv, fill out the application form with your personal, employment and financial details. After this, select the loan amount and tenor that you want. Next, onceyou receive confirmation, you can submit your documents to a Bajaj Finserv representative and can even request the documents to be picked up from your doorstep. Once your documents have been verified, you will receive the funds within 24 hours.
Additional Read: A Step By Step Guide To Applying For A Bajaj Finserv Personal Loan

Taking a personal loan for medical emergency ensures that your savings stay untouched and that you don’t compromise when it comes to medical care. Whether it is you or your family, you can ensure that they receive the best healthcare in a timely manner. You can also check out Personal loan pre-approved offer by Bajaj Finserv that help you save time and get instant financing.