Business Wire IndiaWith increasing cases of general health disorders and lifestyle illnesses reported each day, the Indian healthcare industry is estimated to reach $372 billion by 2022, according to a recent study by the government. The mounting cases are impelling individuals to dedicate a considerable share of their funds on medical expenses for themselves as well as their family members. Despite the planning, there may come a time, when no matter how prepared you are, a medical emergency with sizeable expenses may strike. To make you financially secure during such times of crisis Bajaj Finance Limited, the lending arm of Bajaj Finserv, offers personal loans for medical emergency to help you get the money you need, when you need it the most.
Speedy approvals and quick disbursals make Bajaj Finserv Personal Loan for Medical Emergency a reliable option in the times of need. Right from its application, document verification, approval and loan disbursal process, the entire experience is quite hassle-free and convenient. You can expect loan approval in five minutes and funds are disbursed into your bank account within a 24-hour timeline enabling you to completely concentrate on your family welfare in the time of emergency. You can avail a medical emergency loan of up to Rs.25 lakh that can take care of all your hospital expenses and post-hospitalization healthcare needs. The loan can also be customized to suit your favorable loan repayment needs. Its flexible repayment characteristic allows you to repay through a tenor ranging up to 60 months, varying according to your financial comfort.
The online application feature of Bajaj Finserv’s medical emergency loan allows you to save your precious time and apply for financial assistance anytime and anywhere ensuring the optimum convenience. Besides, the document submission and verification process is minimal and user-friendly. All you need to submit are the following documents: