Updated on: 7 September 2023
Published on: 23 November 2021
Highlight: It’s the nature of medical emergencies that they strike when you least expect it. Apart from burdening you physically and psychologically, a medical emergency can also exhaust you financially. To avoid depleting your savings, you can get a personal loan for instant access to funds.
Long gone are the days when you had to wait for days to get funds after applying for a personal loan from a bank or NBFC. With technological advancements, financial institutions like Fibe provide instant loans in minutes. These are useful in case you need to address a medical emergency when time is of the essence.
Using the funds from this loan, you can get treatment for yourself or a loved one without any delay or compromise. This medical emergency loan ensures instant disbursal and has a hassle-free process from start to finish. Read on to know more.
Also Read: Instant 1 Lakh Personal Loan
To get a personal loan for a medical emergency of up to ₹5 lakhs from Fibe, simply fulfil these eligibility requirements:
To qualify for a Fibe Personal Loan for medical treatment, you need to upload only the most basic paperwork. This includes:
These simple documents are all you need to ensure that your data can be verified and processed. Just make sure that your ID and address proof documents are self-attested and that you submit the front and back copies. Also, ensure that all documents you submit are in PDF format.
Organisations like Fibe (formerly EarlySalary) offer a paperless and simplified procedure. So, once you meet the eligibility criteria, you’re on track. Fibe approves 98% of applications in a few minutes, and with instant disbursal, you can rely on this instant cash loan during health emergencies.
Such an instant medical loan also comes with flexibility in terms of usage. Pay for medical expenses relating to pharmacy bills, hospitalisation, surgeries or any other kind of medical emergency. Courtesy of the simple loan terms, you can just take the loan, utilise and repay- with no prepayment penalties involved!
During a medical emergency, your only priority is to get loan funds at the earliest. Taking medical loans from Fibe is hassle-free, making the process as easy as shopping for groceries online! Follow these steps:
You can now sit back and relax, as the loan amount will be credited to your bank account instantly!
Since it is easy to slip up and make rash decisions when you or a family member needs urgent medical care, be sure to choose a reliable lender who is transparent about all charges and fees. Shortlist genuine platforms like Fibe to take a loan for a medical emergency of up to ₹5 lakhs beforehand.
Some of the advantages you can access include a fixed rate of interest, so you can plan EMIs with ease, and no additional cost for prepayment. You can also borrow multiple times and choose a convenient term to repay. This way, money doesn’t stand in the way of your or your family’s health! To get started now, download our Personal Loan App or simply register on our website.
During a medical emergency, you can get a medical personal loan from an online platform like Fibe that ensures instant disbursal. These are personal loans that you can utilise to pay for medical expenses like surgeries, hospitalisation and so on.
Yes, you can take a medical emergency loan to finance the cost of your medical treatment.
To get a medical loan, you will be required to furnish documents proving your identity, current residence, salary and employment. These usually include your PAN, Aadhaar, passport and bank statements.
To arrange for funds, you can liquidate your savings or investments or borrow from friends or family. You can take a secure loan against collateral like gold or your home or borrow a personal loan without collateral. Such personal medical loans are quick and convenient.
You can get an emergency personal loan on trusted platforms like Fibe. All you have to do is fill out an application form and attach the required documents to get instant funding up to ₹5 lakhs.
Category : Medical Loan
Need cash? Get up to ₹5 lacs instantly