Features & Benefits
Medical Equipment Loan Features & Benefits
Avail loan for purchasing medical equipment
Get Medical Equipment Finance up to Rs. 6 Cr
Get quick loan approval and enjoy a hassle-free process
Medical Equipment Loan EMI tenor from 3 months to 84 months
Eligibility & Documents
Medical Equipment Loan Eligibility & Documents
Business vintage should be a minimum of two years
ITR, P&L, an audited balance sheet for 2 years and the current account statement for 6 months
Loan Fees & Charges
Medical Equipment Loan Fees & Charges
Medical Equipment Loan Interest Rates up to 14% per annum
Processing fee: Up to 2.95% (Inclusive of applicable taxes) of the loan amount*
*Loan amount is inclusive of Insurance Premium, VAS Charges, Documentation Charges and Flexi Fees.
Bounce Charges: Rs. 1500 per bounce
Penal interest: 3.50% per month
Stamp duty charges: Depending on the state where the application is processed