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Personal Loan for Covid-19 Medical Expenses

It’s not only your Wealth, We care for your Health too..

Features & Benefits

  • Zero Processing Fees
  • Self or any family member who have been affected by Covid-19 and hospitalised.
  • Nature of expenses include Covid Test reports, Medicines, Doctors consultancy, Hospitalisation bills etc
  • Direct payment / Re-imbursement on production of bills / receipts submitted (even if paid in Cash).
  • Assessment of repayment capacity on existing income and DSCR of 1.25
  • No Margin
  • No Pre - Payment Charges
  • Attractive Interest Rates
  • Simple Documentation
  • Speedy Loan Approval

Purpose

  • Direct payment / Reimbursement of Medical Expenses related to Covid -19

Eligibility

  • Individual & their Family Members

Quantum of Loan

  • Up to Rs. 5 Lakhs

Tenure

  • Maximum 60 months

Documentation : Refer Basic Documents – Retail Loan

Others

  • Application in the prescribed format.
  • Bills related to Covid Test reports, Medicines, Doctors consultancy, Hospitalisation bills etc along with reports.
  • IT returns of the applicant and co-applicant for last three years.
  • Networth certificate of the applicant /co-applicant.
  • FI Report – As applicable.
  • All other documents as per existing policy.

Surety

  • 1 Guarantor

Conditions Applied

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