{"id":1872,"date":"2020-12-16T09:09:05","date_gmt":"2020-12-16T09:09:05","guid":{"rendered":"https:\/\/bloggingrevolution.com\/?p=1872"},"modified":"2021-06-20T09:26:02","modified_gmt":"2021-06-20T09:26:02","slug":"need-fund-for-medical-emergency","status":"publish","type":"post","link":"https:\/\/bloggingrevolution.com\/need-fund-for-medical-emergency\/","title":{"rendered":"Need Fund for Medical Emergency?"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>3 Minute, 22 Second <\/div>\n\n <\/div>

Medical insurance is a common norm now in India, but still, most of us are not prepared for a medical emergency. Whenever there is a medical emergency at home, you need quick access to money to cover up all the expenses, without leading to any dip in your investment. If you too are not sure what to do in such a situation, then this article will help you understand how a personal loan can come to your rescue when you need funds for a medical emergency.\u00a0<\/span><\/p>\n

Why Personal Loan for Medical Emergency\u00a0<\/b><\/h3>\n

While there are many options available for funding your unexpected medical, the <\/span>emerg<\/span>e<\/span>ncy loan<\/span> is one of the best ways, let us find out why:<\/span><\/p>\n

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  1. Easy approval:<\/b> With a limit of 25 lakhs, Fullerton India offers personal loans for all emergency purposes. A personal loan is one that you can apply for online without the need for any collateral and with minimum documentation. The application for the personal loan is generally approved by just scrutinizing the credit history and income of the applicant. If you want to get a personal loan from Fullerton, a CIBIL score of 750 and above is considered to be healthy and can help in your loan being approved without hassle<\/span><\/li>\n
  2. Easy interest rate:<\/b> Unlike many other loans, the <\/span>personal loan interest rate<\/span> is flexible and affordable. Starting from as low as 11.99% for salaried and self-employed individuals, the interest rate goes to a maximum of 36%.<\/span><\/li>\n
  3. Quick transaction<\/b>: For a medical emergency, the money requirement is urgent and with Fullerton India Personal Loan you get easy disbursal of loan. Once all the documentation and verification are done, the approved loan amount is credited to the bank account within 30 minutes of approval.<\/span><\/li>\n
  4. Credit Limit<\/b>: A maximum credit limit of Rs 25 lakhs can be availed with a personal loan. The amount of credit that you will be eligible for will depend on your age, net monthly income, existing financial obligations, etc.<\/span><\/li>\n
  5. Additional Benefits:<\/b> Apart from all the above benefits you can also get hands-on with some exclusive discount if you are an existing customer of Fullerton India.\u00a0<\/span><\/li>\n
  6. Repayment of personal loan: <\/b>Irrespective of the tenure you have chosen for loan repayment, you can foreclose your personal loan without any extra charges. However, you cannot foreclose the loan until the full payment of the initial 6 EMIs. The foreclosure charges are<\/span><\/li>\n<\/ol>\n