MRI Scanner Cost in India: Price, Financing, and Buying Guide

MRI Scanner Cost in India: Price, Financing, and Buying Guide

MRI scanner costs in India vary by Tesla strength, brand, configuration and condition. A new 1.5T MRI may cost around Rs. 5 crore to Rs. 9 crore, while a 3T system can cost Rs. 12 crore to Rs. 22 crore or more. Explore MRI scanner costs in India, factors affecting costs, installation expenses, buying considerations, and how medical equipment finance can help fund your MRI scanner purchase.

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In summary

MRI Scanner Cost in India
 

MRI Scanner Cost in India

The cost of an MRI scanner can vary considerably depending on the type and configuration of the machine.

  • A 1.5 Tesla MRI machine may cost around Rs. 5 crore to Rs. 9 crore for a new system, based on indicative market pricing
  • A 3 Tesla MRI machine may cost around Rs. 12 crore to Rs. 22 crore or more for higher-end systems
  • Refurbished MRI machines can have a lower upfront cost
  • Installation, room preparation, shielding, cooling and power infrastructure can add to the overall investment
  • MRI machines can be financed through medical equipment finance
  • Bajaj Finance offers Medical Equipment Finance from Rs. 2 lakh to Rs. 30 crore
  • Financing of up to 100% of equipment value may be available, subject to applicable terms

Before purchasing an MRI scanner, compare the equipment quotation with installation expenses, maintenance requirements, expected utilisation, EMI and total financing cost.


Last updated: September 2026


 

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MRI scanner cost at a glance

  • The following table provides an indicative view of MRI machine prices in India. Actual prices can vary by manufacturer, model, configuration, equipment condition and installation requirements.

    MRI scanner typeIndicative cost in India
    Low-field MRIAround Rs. 2.5 crore to Rs. 4 crore
    1.5 Tesla MRIAround Rs. 5 crore to Rs. 9 crore
    3 Tesla MRIAround Rs. 12 crore to Rs. 22 crore or more
    Refurbished MRIVaries significantly based on model, age and condition
    Installation and infrastructureAdditional cost depending on site requirements

    These are indicative market ranges and should not be treated as a quotation. For example, recent ESIC and government procurement documents show that the estimated or approved cost of high-end 3T MRI procurement can be considerably higher when specifications, accessories, warranty and other project components are included.

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What is an MRI scanner?

Magnetic Resonance Imaging (MRI) is a diagnostic imaging technology that uses a strong magnetic field and radio waves to create detailed images of structures inside the body. MRI scanners are used for a range of diagnostic applications, including imaging of the brain, spine, joints, muscles, abdomen and other parts of the body. The Tesla rating indicates the strength of the MRI's magnetic field. Common systems used in healthcare facilities include 1.5 Tesla and 3 Tesla MRI scanners.

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What affects the MRI scanner cost?

  • The price of an MRI scanner is not determined by the machine alone. Consider the complete investment before finalising the purchase.

    1. Tesla strength

    The magnetic field strength is one of the major factors affecting the cost. A 3 Tesla system generally requires a larger investment than a 1.5 Tesla system.

    2. New vs refurbished

    A refurbished machine can have a lower acquisition cost than a new system. However, buyers should evaluate the equipment's age, magnet condition, service history, software, warranty and availability of technical support.

    3. Brand and model

    Different manufacturers offer MRI systems with varying specifications, software capabilities, patient handling features and service arrangements.

    4. Software and applications

    Advanced software packages and clinical applications can increase the overall equipment cost.

    5. Coils and accessories

    The number and type of coils and other accessories included in the quotation can affect the final price.

    6. Installation and site preparation

    MRI installation can require specialised room preparation, RF shielding, electrical infrastructure, HVAC or cooling systems and other site modifications.

    7. Maintenance and service

    AMC, warranty and technical support should be considered when calculating the long-term cost of operating an MRI scanner.

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How can medical equipment finance help fund an MRI scanner?

An MRI scanner can require several crore rupees of upfront investment. Paying the entire amount from business reserves can reduce the funds available for working capital, salaries, facility expenses and other operational requirements.


Bajaj Finance Medical Equipment Finance can help eligible healthcare professionals and facility promoters finance the purchase of qualifying medical equipment. Bajaj Finance currently offers Medical Equipment Finance from Rs. 2 lakh to Rs. 30 crore and states that financing of up to 100% of equipment value may be available, subject to applicable terms.


For example, suppose a diagnostic centre purchases a qualifying 1.5 Tesla MRI machine costing Rs. 6 crore. Instead of arranging the entire purchase cost from available business funds, the eligible borrower may explore medical equipment finance for the equipment purchase. The actual loan amount, interest rate and financing structure would depend on the lender's assessment and applicable terms.


 

What are the benefits of using medical equipment finance for an MRI scanner?

Here are the benenfits of medical equipment finance by Bajaj Finance:

  • Funding of up to Rs. 30 crore

Medical Equipment Finance provides access to funding from Rs. 2 lakh to Rs. 30 crore. This loan limit can accommodate sizeable medical equipment requirements, subject to eligibility and assessment.


  • Flexible repayment tenure

Repayment tenures can range from 3 months to 120 months. A longer tenure can help distribute the cost of an expensive equipment purchase across a greater number of instalments.


  • Preserve business working capital

Financing an MRI scanner can help a healthcare facility avoid deploying its entire available cash reserve towards the equipment purchase. The remaining funds can be retained for eligible operating and business requirements.


  • No collateral

Bajaj Finance states that Medical Equipment Finance does not require collateral or security such as property or gold, subject to applicable terms.


  • Financing for new or refurbished equipment

Medical Equipment Finance can support the purchase of eligible new or refurbished medical equipment, subject to the applicable lending and equipment requirements.


  • Direct payment to the manufacturer or dealer

For Medical Equipment Finance, the loan can be directly disbursed to the manufacturer or dealer towards the purchase of medical equipment, subject to the applicable process.

How can you apply for Medical Equipment Finance for an MRI scanner?

Here is the step-by-step process to apply for Bajaj Finance Medical Equipment Finance:

  1. Visit the Bajaj Finance Medical Equipment Finance page.
  2. Click on the option to apply.
  3. Enter your 10-digit mobile number and complete OTP verification.
  4. Provide your basic personal, professional and financial details.
  5. Enter the required loan amount.
  6. Select the available repayment tenure.
  7. Complete KYC and submit the required documents.
  8. Review the available offer and applicable terms.
  9. Proceed with the application as applicable.

Bajaj Finance states that the application can be completed online, with the representative guiding applicants through the subsequent steps.

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Frequently asked questions

Overview

Why do MRI scanners cost so much?

MRI scanners are highly specialised diagnostic devices that utilise cutting-edge imaging technology to deliver precision and accuracy. The high cost reflects various components such as the type (e.g., open or closed), field strength (e.g., 1.5T or 3T), advanced customisation options, and required software upgrades. Additionally, expenses like installation, maintenance, and operational costs (e.g., electricity and staff training) contribute to their overall price.

How does field strength affect MRI scanner cost?

Field strength, measured in tesla (T), profoundly impacts the price of an MRI scanner. Higher field strength, such as 3T MRI machines, provides superior imaging clarity but also increases the cost significantly compared to lower-field models (e.g., 1.5T). Their advanced technology results in higher upfront and ongoing expenses, which make financing options a valuable solution for healthcare institutions.

How profitable are MRI machines?

MRI machines are highly profitable for healthcare providers due to the consistent demand for diagnostic imaging services. They help facilities generate substantial revenue streams over time by enabling accurate diagnoses and comprehensive treatment planning. 

Is buying a refurbished MRI machine worth it?

Yes, a refurbished MRI machine can be a cost-effective option, often priced 40 to 60% lower than new systems. It is suitable for centres looking to reduce upfront investment, provided the machine is properly certified and maintained.

How much does a 1.5 Tesla MRI machine cost?

A new 1.5 Tesla MRI machine in India typically costs between Rs. 1.5 crore and Rs. 3 crore. Refurbished models are available at lower prices, generally ranging from Rs. 1.2 crore to Rs. 2.5 crore, depending on the condition and features.

How does the brand or model affect MRI scanner price?

The brand and model can significantly affect MRI scanner pricing based on magnet strength, imaging capabilities, software, coils, automation, service support and warranty. Established brands and advanced models may cost more because they offer specialised features, broader applications and comprehensive support.

Why do MRI scanner prices vary between cities in India?

MRI scanner prices may vary between cities due to differences in supplier availability, transportation, installation and infrastructure costs, local demand, taxes, service support, and facility requirements. Brand, model, Tesla strength, configuration and warranty can also significantly influence the final quoted price.

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Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.