Instant Online Approval
Check your eligibility, fill a form online, upload your documents and get instant approval!
Online Account Access
Get your medical emergency loan details at your fingertips through our customised portal.
Money disbursed in 24 hours*
Get the money in your bank account within 24 hours* after your medical emergency loan is approved and documents are verified.
Affordable Interest Rates
Attractive interest rates - as low as 11.99% onwards*.
Loan upto `25 lakhs*
Instant loans up to `25 Lakhs* to fulfil your commitments.
No collateral required*
Get your medical emergency loan without providing any collateral*
*Terms and Conditions Apply
To avail a personal loan for medical emergency, you must be a resident citizen of India, between the ages of 21 years and 60 years. If you are a salaried employee, your income should be at least ₹20,000 per month (₹25,000 per month for residents of Mumbai and Delhi). For self-employed professionals, a minimum annual profit after tax is applicable instead. Please click here to know more about personal loan eligibility.
A personal loan for a medical emergency is offered at interest rates starting from 11.99%* per annum. The interest rate charged depends upon your credit score, your requirement, your existing relationship with us, the total loan amount and tenure, and the nature of your employment. Processing fee of up to 3% of the loan amount is also applicable.
Personal Loan Interest Rate
11.99% to 36%
Up to 3% of loan amount
Up to 60 months
Lowest EMI Per Lakh
₹2,275 for 60 months
0% to 7%*
Documents required for personal loans include:
For more details, check our documentation for personal loans page.
We understand that time is of the essence when facing an emergency. This is why we have designed the application process of personal loan for a medical emergency to be as simple as possible.
To start the application process, click on the Apply Now button and provide your personal, financial and employment information. Next, select the loan amount and tenure to get instant approval online. Our representative will get in touch with you to collect the required documents, and the loan amount will be disbursed within 24 hours depending upon all the documents being successfully verified.
Here are the steps for an instant personal loan application with SMFG India Credit:
A medical emergency loan is a personal loan that is exclusively meant to be used to pay for medical bills in case of an emergency. This allows you to get the best care for your loved ones, without worrying about the finances.
The loan amount is disbursed within 24 hours of approval and documents verification.
No, you need not mention the type or reason for treatment to avail our personal loans.
In order to make your experience as hassle-free as possible, we have kept the documentation for a personal loan to a bare minimum. The basic list is provided below. To know more, please contact customer care.
Existing customers may directly apply for this loan via the customer login portal for quicker service.
A collateral-free loan of up to ₹25 lakhs can be obtained through instant approval online. If you require a higher loan amount, you may apply for a secured loan such as a loan against securities or a loan against property. There is no minimum limit on the loan amount. To know more, please contact customer care or your nearest SMFG India Credit branch.
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
E-Aadhaar Card: All You Wanted To Know
In today's digital age, e-Aadhaar cards have emerged as a vital identity document, greatly…
CIF Number Meaning, Full Form & How to Get It
In the dynamic landscape of banking, Customer Information File (CIF) number emerges as a pivotal…
20 Best Christmas Getaways in India to Enjoy this Winter
Are you looking forward to planning your next Christmas vacation but need help deciding where to…
15 Best Laptops under Rs. 15000 in India in 2023
With the ever-increasing need for laptops, finding one that won’t stretch our budget can be…