What is a medical loan?

A medical loan is an unsecured personal loan designed to cover healthcare expenses including surgery, hospitalization, diagnostic tests, medicines, and rehabilitation. It provides quick access to funds when health insurance is insufficient.

How fast can I get a medical loan in an emergency?

For medical emergencies, Samridhya offers priority processing with approval in 2-4 hours and same-day fund disbursal. Standard processing takes 24-48 hours.

Can I get a medical loan for family members?

Yes, you can apply for a medical loan to cover treatment costs of yourself, spouse, parents, children, or dependent family members.

What is the maximum medical loan amount?

Medical loans on Samridhya range from ₹50,000 to ₹20 Lakhs depending on your income, credit score, and the treatment cost.

Do I need to show medical bills upfront?

For planned procedures, showing medical estimates helps in faster processing. For emergencies, loans can be processed with basic KYC documents first.

What interest rate can I expect?

Medical loan interest rates start from 10.99% p.a. Some lenders offer concessional rates for critical medical treatments.

Is health insurance needed to apply?

No, health insurance is not required. Medical loans are independent of insurance and can cover expenses that insurance doesn't.

Can I prepay the medical loan early?

Yes, most lenders allow prepayment after 6-12 months with minimal or no charges, especially for medical loans.

Medical Loans for Healthcare When You Need It

Don't let medical expenses become a financial burden. Samridhya connects you with medical loan offers from multiple lenders — covering surgery, hospitalization, diagnostics, and treatment costs. Priority processing with approval in as fast as 2-4 hours for emergency cases.

Apply Now Calculate EMI

₹20 Lakhs

Maximum Loan

From 10.99%

Interest Rate

2-4 Hours

Emergency Approval

12-60 Months

Tenure

What Can You Finance?

Surgery & Procedures

Planned and emergency surgeries, organ transplants, and medical procedures.

Hospitalization

Hospital room charges, ICU costs, nursing fees, and medical equipment.

Diagnostics & Tests

MRI, CT scans, blood tests, biopsies, and other diagnostic procedures.

Post-Treatment Care

Rehabilitation, physiotherapy, medicines, and follow-up consultations.

Why Choose Samridhya?

Emergency Fast-Track

Priority processing for medical emergencies — approval within 2-4 hours.

Same-Day Disbursal

Funds transferred to your account within 24 hours for urgent medical needs.

No Collateral

Unsecured loans — no property or asset pledge required.

Flexible Repayment

EMI tenures from 12 to 60 months to manage your budget post-treatment.

Cover Any Treatment

Use for any medical expense — surgery, hospitalization, diagnostics, or rehabilitation.

Family Coverage

Apply for loans to cover medical expenses of yourself, spouse, parents, or children.

Eligibility Criteria

Indian citizen aged 21-58 years
Salaried or self-employed individual
Minimum monthly income: ₹15,000
Valid PAN and Aadhaar card
Medical estimates from hospital (for planned procedures)
Emergency cases: relaxed documentation requirements

Medical Loan — Frequently Asked Questions

What is a medical loan?: A medical loan is an unsecured personal loan designed to cover healthcare expenses including surgery, hospitalization, diagnostic tests, medicines, and rehabilitation. It provides quick access to funds when health insurance is insufficient.
How fast can I get a medical loan in an emergency?: For medical emergencies, Samridhya offers priority processing with approval in 2-4 hours and same-day fund disbursal. Standard processing takes 24-48 hours.
Can I get a medical loan for family members?: Yes, you can apply for a medical loan to cover treatment costs of yourself, spouse, parents, children, or dependent family members.
What is the maximum medical loan amount?: Medical loans on Samridhya range from ₹50,000 to ₹20 Lakhs depending on your income, credit score, and the treatment cost.
Do I need to show medical bills upfront?: For planned procedures, showing medical estimates helps in faster processing. For emergencies, loans can be processed with basic KYC documents first.
What interest rate can I expect?: Medical loan interest rates start from 10.99% p.a. Some lenders offer concessional rates for critical medical treatments.
Is health insurance needed to apply?: No, health insurance is not required. Medical loans are independent of insurance and can cover expenses that insurance doesn't.
Can I prepay the medical loan early?: Yes, most lenders allow prepayment after 6-12 months with minimal or no charges, especially for medical loans.

Medical Loan Interest Rates Comparison 2026

Compare medical loan rates from top banks and NBFCs available through Samridhya.

Lender	Interest Rate (p.a.)	Max Amount	Tenure	Processing Fee
Bajaj Finserv	11.00% - 16.00%	₹20 Lakhs	12-60 months	1.5% - 3%
HDFC Bank	10.50% - 21.00%	₹20 Lakhs	12-60 months	Up to 2.5%
Aditya Birla Capital	10.50% - 15.50%	₹15 Lakhs	12-48 months	1% - 2%

*Rates are indicative and subject to change based on your credit profile. Last updated: April 2026.

Medical Loan Fees & Charges

Complete transparency on all charges.

Processing Fee

1% - 3%

One-time charge at disbursal

Prepayment

Nil after 12 months

2-5% if before 12 months

Late Payment

2% per month

On overdue EMI amount

Bounce Charges

₹500 - ₹1,000

Per failed payment

Stamp Duty

As per state

Varies by loan amount

GST

18% on fees

On processing and other charges

How to Apply for a Medical Loan on Samridhya

Download Samridhya App

Get the app from Google Play or App Store and create your account.

Complete Your Profile

Enter basic details — name, PAN, Aadhaar, income.

Check Eligibility

AI instantly checks and shows personalized offers from multiple lenders.

Compare & Choose

Compare rates, tenure, and fees from partner banks and NBFCs.

Upload Documents

Upload PAN, Aadhaar, bank statements digitally — 100% paperless.

Get Approval

Receive approval within minutes. Most applications auto-approved.

E-Sign & Receive Funds

Sign digitally and get funds in your bank within 24 hours.

Get Emergency Medical Financing

Health can't wait. Apply for a medical loan and focus on recovery, not finances.

Apply Now