Pre-approved personal loans can help you meet urgent medical expenses, as loans are offered by lenders to their existing and eligible customers with zero documentation and quick disbursals. At, Paisabazaar, we have pre-approved programs with various lending partners like Axis Bank, Federal Bank, Aditya Birla Capital, Tata Capital, Hero Fincorp and many more lending institutions. These lenders offer personal loans at preferential interest rates to its pre-approved customers with no documents check.
Personal Loan for Medical Emergency
15.6L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless

Calculate Your Personal Loan EMI
Select Your Bank
Your Monthly EMI Payment
₹0
Find Best Personal Loan Offers
Quick Links
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
Pre-approved Personal Loans for Medical Emergency on Paisabazaar
Medical Emergency? Explore Personal Loan offers from top lenders at Paisabazaar
| Bank/NBFC | Interest Rates (% p.a.) | Processing Fees |
|---|---|---|
| Aditya Birla Finance | 10.99 onwards | Up to 4% |
| Axis Bank | 9.99 onwards* | Up to 2% |
| Bank of Baroda | 10.15-18.00 | Up to 2% (Max. Rs. 10,000) |
| Bajaj Finance Limited | 10.00-30.00 | Up to 3.93% |
| Bank of India | 10.85-16.15 | Up to 1% (Min. Rs. 250; Max. Rs. 15,000) |
| Bank of Maharashtra | 8.75-13.55 | Up to 1% (Max. Rs. 10,000) |
| Canara Bank | 9.70-15.15 | Up to 0.5% (Max. Rs. 5000) |
| Central Bank of India | 9.85-11.65 | Up to 1% |
| Cholamandalam IFC | 10.00-28.00 | 4% - 6% |
| Dhani Loans & Services Ltd. | 13.99 onwards | 3% onwards |
| Federal Bank | 12.00 - 22.50* | Up to 2% |
| HDB Financial Services | 10.00 - 35.00 | Up to 5.90% |
| HDFC Bank | 9.99 onwards | Up to Rs 6,500 |
| Hero Fincorp | Up to 30* | 2.3% - 3% |
| HSBC Bank | 9.75 onwards | Up to 2% |
| ICICI Bank | 9.99 onwards | Up to 2% |
| IDFC FIRST Bank | 9.99 onwards | Up to 2% |
| IIFL Finance | 12.00 - 28.00 | 2% - 9% |
| Indian Overseas Bank | 10.25 onwards | Up to 0.75% |
| IndusInd Bank | 10.35 onwards* | Up to 3.5% |
| Kotak Mahindra Bank | 9.98 onwards* | Up to 5% |
| L&T Finance | 11.00 onwards | Up to 3% |
| Mahindra Finance | 8.00 - 25.00 | 2% of loan amount or Rs. 5,000, whichever is lower |
| Mannapuram Finance | 18.00 - 24.00 | 1% of loan amount |
| Moneyview | 14.00 onwards | 2% onwards |
| Muthoot Finance | 13.50 onwards | Varies for each application |
| Piramal Finance | 12.14 onwards | Up to 5% |
| Poonawalla Fincorp | 9.99 onwards | Up to 3% |
| Punjab & Sind Bank | 9.60-13.85 | 0.50% - 1% |
| Punjab National Bank | 10.25-16.80 | Up to 1% |
| Shriram Finance | 11.00 onwards | Up to 5% |
| Tata Capital | 10.99 onwards | Up to 3.5% |
| UCO Bank | 9.95 - 13.20 | Up to 1% (Min. Rs. 750) |
| Union Bank of India | 8.75 - 12.55 | Up to 1% (Max. Rs. 7,500) |
*Paisabazaar special rates
Note: Rates as of 11th June 2026
Medical Emergency Loan Interest Rates
The personal loan for medical emergency can be availed at an interest rate starting from 9.98% p.a. for loan amount up to Rs. 40 lakh, as lenders do not put any end-use restriction on this loan, except speculative activities. Below mentioned are the Personal Loan Interest Rates, offered by leading Banks and NBFCs.
Types of Medical Emergencies under Loan coverage
Loan for medical emergency can be used for various medical purposes, such as
Avail Personal Loan for
All Your Needs

Avail Personal Loan for
All Your Needs
Benefits of Medical Emergency Loans on Paisabazaar
Avail various benefits by taking Medical emergency loans on Paisabazaar.
Who Can Apply for Medical Emergency Loan?
Salaried and self-employed individuals between the age range of 18 years to 60 years with stable income, and high CIBIL score, decent work experience, as well as who meets the basic eligibility criteria defined by the lender can apply for medical emergency loan.
Features of Personal Loan for Medical Emergency
The features of medical emergency loan and regular personal loans offered by the lenders are usually the same. Even their interest rates usually do not vary. Here are some of the major features of personal loans, which will give you a fair idea of medical emergency loan features.
Eligibility Criteria for Emergency Loans
- Applicants should be salaried or self-employed individuals
- Age: Minimum 18 years and maximum 60 years
- Minimum Monthly Salary: Rs. 15,000 or above
- Minimum CIBIL score: 750 or above
- Income of minimum Rs. 5 lakh p.a. for self-employed customers
- Minimum 1 year of work experience for salaried employees
Documents Required for Emergency Loan Application
Calculate Your EMI Before You Apply
EMI Calculation: Loan Amount Rs. 5 lakh at Interest Rate of 10.50% p.a. for Tenure of 1 year to 5 years:
| Tenure | Interest Rates (p.a.) | Loan Amount | EMI | Total Interest | Total Payable |
|---|---|---|---|---|---|
| 1 year | 10.50% | Rs 5,00,000 | Rs 44,074 | Rs 28,892 | Rs 5,28,892 |
| 2 years | 10.50% | Rs 5,00,000 | Rs 23,188 | Rs 56,512 | Rs 5,56,512 |
| 3 years | 10.50% | Rs 5,00,000 | Rs 16,251 | Rs 85,044 | Rs 5,85,044 |
| 4 years | 10.50% | Rs 5,00,000 | Rs 12,802 | Rs 1,14,481 | Rs 6,14,481 |
| 5 years | 10.50% | Rs 5,00,000 | Rs 10,747 | Rs 1,44,817 | Rs 6,44,817 |
Note: The exact personal loan EMI is determined by the lender and will be specified in the loan agreement based on the interest rate, loan amount, and loan tenure.
Explore Our Personal Loan Lenders
Avail Personal Loan for
All Your Needs

Avail Personal Loan for
All Your Needs
FAQs
What is the minimum credit score required to avail personal loan for medical emergency?
The minimum credit score requirement for availing medical emergency loans might vary across different lenders. Some lenders might also offer personal loans to applicants who are new to credit or have no or low credit score. However, the applicants having credit scores of 750 and above usually have higher chances of availing personal loans at lower interest rates.
What is the minimum monthly income requirement to avail medical emergency loan?
Most lenders have set minimum monthly income of Rs 15,000 for salaried or above for availing medical emergency loan and income of Rs. 5 lakh p.a. for self-employed professionals.
What is the fastest way to get an emergency loan?
The fastest way of availing medical emergency loan is by checking and comparing from all the available loan options on Paisabazaar and applying for it online that suits you best. Here you get instant approvals with quick disbursals once you clear the eligibility criteria defined by the respective bank/NBFC.
What is the interest rate for medical emergency loans?
Medical emergency loan is a variant of personal loan and the interest rate offered by most of the lenders is 9.98% p.a. onwards.
Can I get a loan if my CIBIL score is low?
Yes, you may be able to secure a personal loan with low CIBIL score but with difficulty and at higher interest rates, lesser loan amount, strict eligibility criteria. Moreover, you will have to search and choose from specific lenders that accept low CIBIL scores.
Can I get a loan for a medical emergency loan within 24 hours?
Yes, it is possible to get a medical emergency loan within 24 hours, if you meet the defined eligibility criteria and submit all the required documents. However, the time of disbursal shall depend on your lender, loan type, loan amount, application completeness and lender’s policies.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001
Get up to ₹50 Lakhs starting at 9.98%*
Get up to ₹50 Lakhs starting at 9.98%*









