Overview
Given the uncertain nature of life, medical emergencies can strike anytime. But with IndusInd Bank Personal Loan, you can rest assured that you will have a true companion to help ease your financial stress. Our personal loan is a great pick to manage your medical expenses, especially if you don’t have health insurance cover or need funds for high-value prescription drugs.
How can IndusInd Bank Personal Loan for medical emergency help?
Our personal loan can be used to cover a variety of medical expenses, including:
- Unexpected Medical Bills: If you don’t have health insurance cover and get stuck in an unexpected medical emergency or illness, our personal loan can help you pay for the medical bills.
- Hospitals Not Covered Under Insurance: Some hospitals specialize in a particular medical procedure but may not be covered under your insurance. If you ever find yourself in such a situation, our personal loan can help you pay for the medical expenses.
- Cosmetic Procedures: Some cosmetic procedures are not covered by insurance and can be extremely expensive. Our personal loan can help you finance the cost of these procedures.
- Dental Work: Dental work can be costly, especially if you need extensive procedures. Our personal loan can help you pay for dental work that is not covered by insurance.
- Prescription Drugs: Prescription drugs can be expensive, especially if you need to take them for an extended period of time. A personal loan can help you cover the cost of your medication.
Features of IndusInd Bank Emergency Loan for Medical Expenses
IndusInd Bank's personal loan for medical expenses comes with a wide range of benefits, including:
- Easy application process: Our personal loan application process is simple, quick and 100% paperless, ensuring that you receive the funds you need promptly.
- Instant approval: Our entirely digital application process allows for instant approvals and speedy disbursal, with no scope of delays due to physical documentation.
- Competitive interest rates: Our personal loan for medical expenses is offered at best-in-class interest rates, starting at just 10.49%, making it an affordable option for financing medical bills.
- No collateral or guarantor required: Our personal loan eliminates the need for collateral, making it easier for you to access the funds you require.
- High loan amounts: We offer high loan amounts ranging from ₹30,000 to ₹5 lakh, providing you with the financial support you need in the time of difficulties,
- Flexible repayment options: Our flexible repayment tenures, ranging from 12 to 72 months, are customized to suit your financial situation, making it easier for you to repay the loan comfortably.
Calculate EMI on your Personal Loan
Our Personal Loan EMI calculator is a robust tool that can assist you in calculating your monthly EMI (Equated Monthly Installment) for your personal loan for medical treatment.
These Calculations may vary from actual figures. For more details, visit here.
Use our personal loan EMI calculator to calculate your applicable EMIs and determine your annual repayment amount even before applying for a loan.
Eligibility Criteria
Whether you are a salaried individual or a business owner or a self-employed professional, you can avail IndusInd Bank Personal Loan. You can check your eligibility as per the criteria mentioned here.
Personal Loan for Medical Expenses FAQs
What is a Personal Loan and can I get it for emergency medical expenses?
A personal loan is a type of unsecured loan that requires no guarantee or collateral. IndusInd Bank Personal Loan can be used for all sorts of medical expenses. You can use the funds for unexpected medical bills, medical procedures not covered by insurance, cosmetic procedures, dental work, and prescription drugs.
How can I qualify for a personal loan for medical treatment?
You can check your eligibility for an IndusInd Bank Personal Loan here
How much money can I borrow with an emergency personal loan?
The loan amount offered under IndusInd Bank Digital Personal Loan ranges from ₹30,000 to ₹5 lakh.
Do I need collateral to apply for a personal loan for medical expenses?
No, IndusInd Bank Personal Loan for medical expenses requires no guarantee or collateral.
How can I apply for an instant emergency loan?
Applying for IndusInd Bank Instant Personal Loan is a simple 4-step process that just takes a few minutes. Here are the steps involved.
- Click on the ‘Apply Now’ button above
- Provide your personal details and loan requirement
- Get the best loan offer as per your need
- Complete Video KYC verification and digitally sign to validate & get instant disbursal
What are the interest rates for urgent emergency loan?
IndusInd Bank Instant Personal Loan is offered at best-in-class interest rates, starting from just 10.49%.