A no-cost medical EMI is an option where you can pay in affordable monthly installments for your medical expenses and repay with zero interest on a tenure you have chosen.

With the rising healthcare cost in India, it often becomes hard to pay for the medical expenses, especially if you belong to a middle income group. Despite the high cost, nobody wants to compromise for the health of their family or for their loved ones.

If you want to go for the best treatment available, and are under financial crunch, you can take the financial help for medical treatment in Pune.

What is no-cost EMI?

When you take the facility of a standard EMI plan, you pay the price of a product or service in fixed equal installments for a specified period. These EMI options charge you a high-interest rate, and eventually, you spend much more for the product than its actual price.

No-cost EMI option, on the other hand, allows you to repay without any interest. This more convenient option helps you pay your hefty medical expenses without any additional burden. Even when you have a low credit score, you can avail of the facility of no-cost EMI and get the best medical treatment available.

A no-cost medical EMI allows you to convert total medical expenses into smaller installments that you can pay over a fixed period. Thus it makes your healthcare expenses easier to pay.

Benefits of applying for a medical loan in Pune

GMoney finance offers easy medical loans in Pune, where you can apply online. Any salaried or self-employed individual can apply for financial help for medical treatment in Pune. There are several advantages of availing the facility of a medical loan from GMoney finance. Some of the most significant are listed below:

1. East to apply: You can apply online by logging in to the GMoney website or by just giving a missed call on the number 7400 177 177, or you can even request on WhatsApp number 96156 95156.
2. No requirement for physical documents: While applying for a medical loan from GMoney, you need not send multiple copies of various documents. You have to upload your Pan Card, Aadhar Card, and Bank Details online.
3. No collateral required: GMoney does not demand any collateral as security while providing you with the loan facility. Medical loans come under unsecured loans, so they don't need security.
4. Flexible tenure: You can choose loan tenure according to your monthly paying capacity. GMoney allows you to select a term between 3 to 18 months, thus freeing you from the worries of heavy monthly installments.
5. Zero-cost EMI: Medical loans from GMoney bear zero interest. You need to pay only for the actual loan amount without any interest.
6. Instant approval: Once your KYC is verified and, if eligible, the approved loan amount is almost instantly disbursed in the hospital's bank account, you are admitted.
7. Advance against your mediclaim policy: If you have a mediclaim and are falling short of funds, you can also apply for an advance against your health policy. GMoney offers this facility at non-network hospitals to help you get medical treatment as and where you prefer.
8. No restrictions on funds usage: Unlike health insurance policies, you can use the loan amount to pay for medical-related expenses of any type, including surgeries, medications, doctor's fees, ambulance charges, etc.

Conclusion

No-cost EMIs are a great alternative to pay for huge medical expenses and make you free to pay in one lump sum. Moreover, they are more attractive as they come with zero interest cost.