During a medical emergency, there are two things which run at the top of our minds. One is to take quick action and the other is arrange for immediate funds for that action. There are certain treatments and procedures which might require you to arrange for money in a day or two only.
When there are both, budget and time constraints during a medical emergency and you need immediate money, you can opt for an online medical loan. An online medical loan is a personal loan. It is an unsecured loan and hence helps you save time.
Indiabulls Dhani’s medical loans give you access to instant funds. Here are the many benefits and feature of Indiabulls Dhani’s Medical loans.
1. Digital loan
Indiabulls Dhani’s mobile app has made the process to avail a medical loan only a matter of minutes. If you have a good internet connection, you can avail a loan in no time.
2. Instant Funds
The processing time for an online medical loan is very less. As the medium is digital, the verification, approval, and disbursal happen on the spot. You get money in your account immediately.
3. Hassle Free Application
Unlike the old times, where you had to fill multiple forms, Indiabulls Dhani’s medical loan application is simple. You can do it online through the website or by downloading the mobile app. This gives you the flexibility to apply anytime from anywhere.
4. Avail Medical Loan for Any Kind of Medical Issue
You can avail a medical loan for any type of treatment or medical procedure. There is no restriction what so ever. You can cover all your expenses such as hospital bills, prescriptions medicines, treatment charges, etc.
5. Minimal Documentation
As it is an unsecured loan, the documents required are less in number. More so you can upload them online itself and hence save yourself from physical submission of documents.
6. Unsecured Loan so No Collateral
Secured loans need collateral such as a home, car jewelry, etc. Indiabulls Dhani’s medical loan is a personal loan for medical emergencies. So you do not have to think of keeping any collaterals.
7. Competitive Interest Rates
Indiabulls Dhani offers competitive interest rates for medical loans.
8. Flexible Tenure
You can repay the loan by choosing a flexible tenure. Indiabulls Dhani offers a tenure range of 3 to 36 months for loan repayment.
9. EMI Option
You can repay the loan in easy installments. You can use the EMI calculator for personal loan to see the number of EMIs you need to pay and get an estimated amount for the same.
10. Option to Arrange funds if the hospital does not provide cashless treatment
If your health insurance plan covers cashless treatments, but the hospital you have chosen does not comply with the facility, then you can avail a medical loan and get access to cash.
Health loans are one way you can choose to get those needed funds in time during an emergency. You do not want to be caught in paperwork and hence digital medical loans are the solution.