Medical & Equipment Loan
Finance diagnostic, clinic or industrial equipment and pay from the income it earns.
At a glance
Why take your medical & equipment loan through us
Medical equipment
Diagnostic machines, dental chairs, OT equipment and more for doctors, clinics and hospitals.
Other equipment
Machinery and tools for manufacturing, construction and services.
Equipment as security
The asset itself often secures the loan, so little else is needed.
Eligibility & documents
A quick check before you apply. Your advisor confirms the exact list for your lender.
Who can apply
- Practising doctor, clinic, hospital or business
- Equipment quotation from the supplier
- Income or business proof
- KYC of the borrower
Documents you'll need
- KYC (PAN card & Aadhaar card)
- Photo
- Bank Statement (6 months)
- Address Proof
- Form 16
- KYC (PAN card & Aadhaar card)
- Photo
- Bank Statement (6 months)
- Address Proof
- ITR (2 years)
- Business Proof
* Indicative. Criteria differ between lenders; the lender decides.
Estimate your EMI
Adjust the amount, rate and tenure to see what fits your monthly budget.
For illustration only. The actual EMI depends on the rate, fees and tenure the lender offers you.
Year-by-year repayment schedule
| Year | Principal paid | Interest paid | Balance |
|---|
Medical & Equipment Loan — questions
Can I finance refurbished equipment?
Apply for a medical & equipment loan
Leave your details and a loan advisor will call you back to understand your need, check eligibility and suggest the right lenders.