Medical Loan

Medical loan online for you

Smoking doesn’t cause cancer, the need for smoking does push us to an extent of inviting cancer despite the awareness. The problems might arise anytime in our lived. Such medical emergencies need immediate financial attention. A medical loan online via Buddy Loan is one of the easiest way to apply for a loan and meet our emergency needs on time. Unless we have a health insurance that helps meet the criteria on time.

Adding more to the existing benefits, one can apply for Buddy Loan medical loan. Buddy Laon offers lower interest rates with good credit history. Extremely easy, fast and least documentation makes it more time friendly. Many banks and finance companies offer such Personal Loans i.e. medical loans online.

Apply for a medical loan online

Instant, seamless and paperless, you can avail a loan up to Rs. 15 lakhs. What’s more? Get competitive interest rates, flexible loan tenures and easy loan repayment options. When applying for a quick medical loan online, your information remains highly confidential with us.

TIP: Always avail a quick medical loan that will help you subject the financial need with lesser interest rate.

Medical loan features and benefits

A medical loan via Buddy Loan is free of collateral. There is absolutely nothing to worry about pledging surety or any other property.

  • 100% digital and paperless application process

    It is an extremely easy and quick process, to avail a medical loan. Buddy Loan medical loan has a feature integrated, to help ease the application process.

    The applicant can repay the loan through EMIs over the tenure from 12 months to 5 years. For a medical loan via Buddy Loan, it is absolutely paper free process.

    For more information, you could contact your lender. 

  • Collateral free instant medical loan

    Again, there is no necessity to pledge any security while applying for an instant medical loan.

    If the applicant has a good credit history, the chances of loan approval at the earliest are high.

    If your credit history is average, the approval rate is likely to process but depends on other factors too.

    The loans are purely based on your credit history and approvals depend highly on your credit score.

  • Flexible loan tenures

    You can borrow medical loan from Buddy Loan up to Rs. 15 Lakhs and the repay the loan amount through the EMI options over a tenure from 12 months to 5 years.

  • High medical loan approval rates

    Buddy Loan provides you with a medical loan online. Thanks to the hassle-free process and the wide pool of loan providers.  

    Therefore, if one is looking for a loan in times of contingency, the first step is to gather the necessary documents. Ensure they are up to date for instant loan processing.

    Consider the least and hassle-free documentation and enjoy your instant medical loan with no more worries.

  • Disbursal amount of your medical loan!

    The minimum and maximum loan amount that you can opt when applying for a medical loan online is between the sum of Rs.10000 to Rs. 15 lakhs.

    A medical loan doesn't require any collaterals and is easier to process with minimum documentation.

    The universal law is applicable, "the better the credit history the faster is the loan approval rate".

  • Best interest rates for you!

    Buddy Loan medical loan online disburses at minimum interest rates starting at 11.99% p.a.

    The better credit scores the applicant has, higher the chances to avail the loan at lower interest rates.

    Some banks charge fixed rates or variable rates (please double check with your particular lender).

  • Swift medical loan sanction

    Your medical loan is sanctioned within 48 hours of submission. The disbursement time is however less than the expected time.

    Applying for instantaneous medical loans is never that difficult and time consuming anymore, we connect as promised!  

  • No Hidden Charges!

    No prepayment charges, or any hidden fees to sort. There is no pre-booking of the loan that is assisted through third party situation.

    Buddy Loan doesn’t hold any fast agreements that could moderate the means between you and the vendor.

    Get your medical loan approved faster through good credit history!

  • Safety of your medical loan

    By law, the applicant’s information is held confidential by Buddy Loan. Buddy Loan aggregator instantly approves the request on medical loan online, instantly to the applicants who hold good credit history.

Eligibility Criteria to get medical loan

How far eligible are you for a quick medical loan? Know your loan eligibility instantly.

You’re 70% close, if

Age Min 25 years - Max 60 years
Occupation Self Employed
Income Minimum of INR 20,000

You’re 99% close, if

Age Min 25 years - Max 60 years
Occupation Salaried or Self-Employed
Income Minimum of INR 30,000 and above

What is the benefit of having a good credit score?

  1. Helps the applicant avail the loan at lower interest rates.
  2. Has better chances for loan approval
  3. No more bragging rights.

Documentation needed for medical loan

Apply for A Medical Loan Online with these basic documents:

  • Proof of Identity: Passport / Driving License / Voters ID / PAN Card (anyone)
  • Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (anyone).
  • Proof of income: Latest 3 months Bank Statement (where salary/income is credited).
    And supporting medical documents.

How to apply for an instant medical loan?

  1. Fill in your personal, financial, and employment details.
  2. Submit the required documents online, proof of identity and proof of income.
  3. Select the loan amount and tenor that you require, to get instant online approval.
  4. Receive the money in your bank account within 48 hours.


A medical loan is a collateral free loan that can be approved instantly without any delay. Availing one is easy through online & can use the money to meet almost any medical expense.

Buddy Loan medical loan is applicable in the face of medical emergencies such as accident, hospitalization, doctor fees, treatment charges and so on.

It does help in managing the expenses the expenses of a variety of medical emergencies.

Getting approval on Buddy Loan medical loan online application is easy.

Please hold the documents as required by the lender you claim the loan from via Buddy Loan. However, most often the approval is dependent on the applicant’s credit history.

With Buddy Loan medical loan, you can expect approval for application in under 48 hours.

The minimum salary required to avail a Buddy Loan medical loan, know more about this on: Eligibility criteria of medical loan.

To avail a loan, you only need to meet the basic eligibility criteria.

  • You must be a citizen of India
  • Aged between 23 and 57 years
  • Employed with an MNC, public or private company, or self-employed.
  • As long as you meet the salary requirements as specified based on your city of residence, you qualify for a medical loan.

To avail a medical loan, you will need to submit the following documents:

  • Proof of Identity: Passport / Driving License / Voters ID / PAN Card (anyone)
  • Proof of Residence: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (anyone).
  • Proof of income: Latest 3 months Bank Statement (where salary/income is credited).

You can use the handy medical loan EMI Calculator to determine your monthly installments.

No, Buddy Loan does not have any pre-payment charges whatsoever.

You can borrow up to Rs.15 lakhs without pledging any asset. You can repay your loan over flexible tenure ranging from 12 months to 60 months.

Buddy loan aggregator offers medical loans with a range of attractive benefits including:

  • Instant approval
  • Minimal documentation
  • Flexible tenures
  • No hidden charges

Complete the application form online and avail your medical loan.