A medical emergency is a nightmare, and it often arises when we are least prepared to face it. Dealing with a medical emergency is often tough. It can weaken us emotionally and financially, especially when we don't have adequate health insurance coverage or lack an emergency fund to back up. Most of the Indian population doesn't have a safety cover for unplanned medical finances and finds themselves in a tight spot when a medical emergency strikes.

A medical loan in Indore can help you in these hard times. While personal loans are often available at a higher interest rate, GMoney offers no-cost EMI medical loans to support you in times of medical emergencies. You can easily apply online for financial assistance from GMoney, and use the funds for surgeries, dental treatment, IVF, cosmetic surgeries, and any other medical-related expense.

Features of an instant medical loan from GMoney

There are certain factors to understand while applying for an instant loan in Indore.

• The loan amount is disbursed directly to the hospital account you are under treatment.
• In most cases, a medical loan from GMoney is usually approved within 2-4 hours of document submission and verification.
• GMoney offers medical financial assistance at zero interest with flexible tenure.
• Medical loans are under an unsecured category, which means that you don't require providing anything as a guarantee. These loans don't require collateral as security.
• There are no hidden charges on a medical loan from GMoney.
• You are free to use your loan amount to pay doctor fees, nursing charges, medical bills, surgery expenses, and all types of medical-related expenses.
• You can choose your loan duration and pay in monthly installments without disturbing your budget.

Documents required to apply for a medical loan in Indore

Applying for a medical loan with GMoney is relatively simple, as you have to share fewer documents. Any individual who is self-employed or salaried, can enjoy the benefit of a no-cost EMI medical loan. The loan is easy to apply for and requires no physical visit to any office. Documents required for an instant medical loan in Indore are:

• Your identity proof, including proof of age like Aadhar, PAN Card, Passport, or a driving license
• Address proof like Voter ID, Passport, or Aadhar Card
• Income statement from a bank for the last three months
• Passport size photographs

You can upload all the documents required on the GMoney site online with no requirement of sending them in physical form. Once your KYC is confirmed, funds are immediately disbursed in the hospital you are getting treatment, freeing you from the worries of heavy hospital bills.

Advantages of a medical loan from GMoney

• You can choose the best available medical facilities without worrying about expenses.
• Loans are disbursed fast to support you in the time of a medical emergency.
• Most health insurance plans may not cover certain diseases or medical procedures. A medical loan from GMoney can be used to pay for any medical process.
• Health insurance plans have a minimum waiting period before a disease is covered. A loan from GMoney has no such restrictions.
• A medical loan often covers a single individual, while funds from GMoney can be used for any family member or your near and dear ones.

Conclusion

The no-cost EMI loan, which has gained popularity among the Indian population for buying electronics and other utilities, has now entered the healthcare industry. No-cost EMI loans for medical purposes from GMoney are a sign of relief when you are in a medical emergency and are under a financial crunch.