Medical Emergency Loan Overview

LoanPao’s Medical Emergency Loan in India 2025 provides quick access to funds up to ₹20 lakh at 10%–18% p.a. for urgent medical expenses like hospitalization, surgeries, or critical treatments. As an unsecured personal loan, it requires no collateral and offers instant or same-day approvals through LoanPao’s network of 500+ RBI-compliant lenders. Funds are disbursed within 24 hours via a fully digital process, ensuring timely support during crises. For other financing options, explore our Personal Loan or Loan Against Fixed Deposit pages.

Apply below or use our EMI Calculator to plan repayments. Contact us at +91-971-769-5334 for immediate assistance.

Benefits of Medical Emergency Loan

Instant Approvals

Get funds within 24 hours for urgent needs.

High Loan Amount

Up to ₹20 lakh for medical expenses.

No Collateral

Unsecured loan with no asset pledging.

Competitive Rates

Interest rates from 10% p.a.

Digital Process

Online application with e-KYC.

Flexible Tenure

Repayment terms up to 5 years.

Eligibility Criteria

Criteria Details
Applicant Type Salaried, self-employed, or professionals
Age 21–60 years
Minimum Income ₹15,000 per month
CIBIL Score 600+ for better terms
Loan Amount ₹50,000–₹20 lakh
Employment Minimum 6 months (salaried) or 2 years (self-employed)

Check your eligibility with our CIBIL login tool or contact info@loanpao.in.

Documents Required

  • KYC: Aadhaar, PAN, voter ID
  • Income Proof: Salary slips (3 months) or ITR (2 years)
  • Bank Statements: Last 6 months
  • Medical Bills: Hospital estimates or invoices (if available)
  • Address Proof: Utility bill or rental agreement

How to Apply for Medical Emergency Loan

Apply with LoanPao in 3 simple steps:

  1. Fill the form below with personal and income details.
  2. Upload KYC and income documents via e-KYC.
  3. Get instant approval and funds within 24 hours.

Start your application or call +91-971-769-5334 for urgent support.

Compare Medical Emergency Loan Providers

Provider Interest Rate (p.a.) Loan Amount Tenure Processing Fee
Axis Bank 10.5%–15% ₹50,000–₹15 lakh 1–5 years 1–2%
ICICI Bank 11%–16% ₹1 lakh–₹20 lakh 1–5 years 0.5–2%
Bajaj Finance 12%–18% ₹50,000–₹10 lakh 1–4 years 1–2.5%

Note: Rates and terms are indicative and subject to change. Contact LoanPao for updated offers (July 2025).

Uses of Medical Emergency Loan

Medical Emergency Loans can be used for:

  • Hospitalization: Cover inpatient or ICU expenses.
  • Surgeries: Fund critical or elective procedures.
  • Critical Treatments: Cancer care, dialysis, or organ transplants.
  • Diagnostic Tests: MRIs, CT scans, or lab tests.
  • Medicines: Expensive drugs or ongoing treatments.

Why Choose LoanPao for Medical Emergency Loan?

Wide Lender Network

Compare offers from 500+ RBI-compliant lenders.

EMI Calculator

Use our EMI calculator to plan repayments.

24/7 Support

Contact us at +91-971-769-5334 or info@loanpao.in.

Tips for a Successful Medical Emergency Loan Application

  • Submit medical bills or hospital estimates to expedite approval.
  • Ensure a CIBIL score of 600+ for better terms.
  • Provide accurate income details for faster processing.
  • Choose a tenure that aligns with your repayment capacity.
  • Use our EMI Calculator to plan EMIs.

Frequently Asked Questions

A Medical Emergency Loan is an unsecured personal loan designed to cover urgent medical expenses, such as hospitalization, surgeries, or treatments.

Individuals aged 21–60 with a minimum monthly income of ₹15,000 and a CIBIL score of 600+ are eligible.

Interest rates typically range from 10%–18% p.a., depending on the lender and applicant’s profile.

KYC documents (Aadhaar, PAN), income proof (salary slips, bank statements), and medical bills or estimates are required.

LoanPao ensures instant or same-day approvals with digital verification and 500+ lender partners.