All You Need To Know About Healthcare Equipment Financing - Loan Trivia

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Thursday, 11 October 2018

All You Need To Know About Healthcare Equipment Financing

Healthcare industry as a whole is quite costly especially when it comes to setting up or revamping your own business. With lifestyle diseases on the rise it becomes imperative for doctors to constantly upgrade their skills as well as medical equipment to provide quality healthcare to their patients.

For instance, a single 47 litre oxygen cylinder will cost you about Rs. 16,000, x-ray viewing machine is around Rs. 13,000 for the basic models, and examinations tables Rs. 12,000 while a single MRI machine costs about Rs. 1 crore.

Having said that, there is nothing to be disappointed if you can’t pocket expenses like these. You have the option of availing medical equipment loan from leading lenders.


Medical Equipment


Let’s know more about them -


  • You can avail high value loan amount up to Rs. 30 lakhs for a flexible tenure of 12 to 96 months at affordable rate of interest. Though, it must be noted that the terms of the loan depend on the lender’s criteria and individual profile of the applicant.
  • This is an unsecured loan which can be taken without having to pledge any collateral towards it.
  • Practicing doctors can apply for the loan online with basic minimum paperwork directly at the lender’s official website.
  • While applying you may check out pre-approved offers designed exclusively as per your individual profile to help you make the most of the loan. To know more you may discuss loan terms with your Relationship Manager. 

For more information read full blog here: How much are Medical Equipment Financing Rates?

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