Medical emergencies often arrive without any warning. Whether you met an accident or diagnosed with a disease, you can get the best possible treatment with funds from a personal loan for medical emergency. You can use this type of loan to meet all kinds of medical expenses, including hospitalization, medicines, medical bills, nursing, rehabilitation, and recovery. At times of medical emergencies, you can approach lenders like Clix Capital to get a personal loan of up to ₹ 25 lakhs and get approval within 15 minutes*.
Here, you will understand how a personal loan for medical emergency can prove to be your last-minute funding option in times of need.
Features and Benefits of Personal Loans for Treatment
Ample Loan Amount: Established lenders like Clix Capital provide an ample loan amount of up to ₹ 25 lakhs that you can use to meet a wide range of medical-related expenses, whether for diagnosis, treatment, or rehabilitation.
No Need for Security: Medical emergency is stressful not only for the patient but for the family members too. At such an unfortunate time, the last thing you would want to do is to put your valuable assets at risk. Personal loans for medical emergencies are collateral-free loans for which you do not need to present any collateral or guarantor.
Flexible Repayment Tenure: When you apply for a personal loan for medical emergency, you don’t need to worry about repaying it immediately. Lenders give you a sufficient period of 12 to 48 months to repay your loan in easy installments. Use a personal loan EMI calculator to get an estimate of your EMIs and select a repayment tenure as per your income and repayment capacity.
Eligibility Conditions: Compared to banks, NBFCs like Clix Capital have the simplest eligibility conditions that are quite easy to meet. For Clix Capital, you just need to meet the following eligibility criteria:
- 25 to 58 years of age
- Salaried individual earning a monthly salary of minimum ₹ 25,000
- Working with the current employer for at least 6 months, and total work experience of at least 12 months
Documentation Requirements: Most lenders are infamous for having heavy documentation requirements that take several days to fulfil. But with Clix Capital, you do not need to worry about documents. These are just a few documents that you have to provide:
- Duly filled online application form
- Recent passport size photograph
- Identity proof like Aadhaar card or Pan card, or government ID for government employees
- Address proof like Aadhaar card, voter ID, passport, driving license, etc.
- Income proof, including your last month’s payslip or current year’s Form 16
Hassle-Free Loan Application and Approval Procedure: A personal loan for medical emergency is extremely easy to apply for and has minimum loan processing time. Just click on the Apply Now button, provide a few necessary details, and you are good to get your loan approval within 15 minutes*.
Tips to Choose the Right Lender for Personal Loans
Now that you know the features and benefits of a personal loan for medical emergency, you must have made up your mind to apply for one. But the choice is not that simple. While choosing a lender for a personal loan, you need to look into a variety of factors, including:
- Credit score requirements
- Documentation requirements
- Eligibility conditions
- Interest rate
- Repayment term
- Application procedure
- Loan processing and approval time
- Customer service
With an instant personal loan for medical emergency, you will never fall short of funds when you or your loved one need immediate medical attention. If you are looking for instant money to meet a medical expense, look no further than Clix Capital. Apply for a personal loan for medical emergency and get your loan approval within 15 minutes*.
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You can also reach out to us at hello@clix.capital or call us at 1800 200 9898