Tata Capital Medical Loan 2022

Everyone of us can come across a medical emergency at some point of time in life. Getting urgent funds in such times can be a little challenging and hassle. A medical loan can come to your rescue when you are experiencing financial problems to meet your medical expenses. For example, Tata Capital Medical Loan can be a great financial help to meet the expenses of medical emergencies. 

Customers can get a medical loan under the umbrella of Tata Capital personal loan to cover the expenses that they incur in medical emergencies. Tata Capital offers a medical loan with easy and fast documentation. The loan amount can be used for all medical, dental and cosmetic procedures. You can easily repay the loan with flexible repayment options over a tenure ranging from 12 to 72 months. You can get up to Rs. 25 lakh funding to access the best treatment for yourself and your loved ones.

Tata Capital personal loans are available at an attractive interest rate to make your medical bills affordable. Here are the rates and charges applicable on Tata Capital medical loan: 

By getting a medical loan from Tata Capital to cover your medical bills, you can enjoy the following benefits:

• Competitive interest rates: Tata Capital medical loans are available at an affordable interest rate starting from 10.99% p.a. interest rate. 
• Instant approval: In a medical emergency, you are required to arrange instant cash. Tata Capital approves a loan application instantly for eligible customers. 
• User-friendly repayment tenure and options: Tata Capital medical loans are available for a repayment tenure of 12 to 72 months with 2 payment options. You can choose the repayment tenure and options as per your convenience.  
• Nominal paperwork: To offer you instant funding to face medical exigency, Tata Capital medical loans are available with minimal paperwork and a hassle-free application process. 
• No collateral: To lower your stress in a medical exigency, Tata Capital extends help in the form of a medical loan without collateral and security. 

You can get a medical loan from Tata Capital in just 4 steps as under:

• Online application: Fill in your details and submit documents for a medical loan online. 
• Verification: The lender will verify the loan application and documents. 
• Loan sanction: After approval, the loan amount is sanctioned. 
• Disbursal: The loan amount will be transferred into your bank account. 

You will need to meet the following eligibility criteria to get a medical loan:

• Age limit: Salaried applicants aged between 21 to 58 years.
• Work experience: 1-year of work experience and should have been working with the present organization for six months at least.
• Minimum salary: Your monthly salary should be at least Rs. 20,000. 

You will need to submit the following documents to apply for Tata Capital medical loan:

• Photo identity proof: A copy of your voter ID card/ passport/ driving license/ Aadhaar card
• Income proof: A copy of your bank statement for the past six months 
• Salary slips: A copy of your salary slips for the past three months 
• Address proof: A copy of your electricity bill/ passport/ ration card
• Employment certificate: Certificate that proves your continuous employment.

You can use the medical loan EMI calculator to figure out the EMI you will pay towards the principal and interest payment over the loan for medical emergencies over the loan tenure.  

You can use any of the following methods to repay a medical loan from Tata Capital:

• Online payment: You can repay the loan EMI on Tata Capital’s website or mobile app anytime, anywhere.
• Drop a cheque: You can drop a cheque at a nearby branch of the lender.