Medical Equipment Finance EMI Calculator

Know your medical equipment finance instalments before applying.

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Medical Equipment Finance EMI calculator

A medical equipment finance EMI calculator is an ideal instrument for calculating your EMIs. The EMI calculator will show your total interest payable and EMIs for the selected loan tenure. Making these calculations ahead of time will allow you to secure the most competitive medical equipment finance EMIs. Also, remember to refer to the amortisation table for a repayment schedule breakdown throughout the tenure.

Disclaimer

Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.

The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.

Frequently asked questions

How to calculate medical equipment finance EMIs?

It's a good idea to figure out your EMIs before applying for medical equipment finance. Although you can do it manually, a medical equipment finance EMI calculator might assist you in finding a more precise number. You only need to choose the loan amount, tenure, and interest rate to find out the exact EMI.

How to use medical equipment finance EMI calculator?

Using an EMI calculator is quick and easy. The loan amount, repayment period, and interest rate can all be changed using the slider. Once you have chosen these three elements, your EMI will be shown on the screen. EMI calculator is freely accessible and can be used anytime.

Who can take medical equipment finance?

Doctors and other individuals who run healthcare facilities can get a Bajaj Finserv Medical Equipment Finance to buy medical equipment.

What is the maximum amount of medical equipment finance that I can get?

You can apply for medical equipment finance of up to Rs. 15 crore. The loan can be comfortably repaid over a lengthy period of up to 7 years.

What happens if I skip my EMI payment?

If you miss your EMI payment for any reason, you will have to pay EMI bounce charges. Since the EMIs stay the same, the tenure will also get longer. Please remember that skipping EMIs affects your creditworthiness and could hurt your credit score.

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