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Medical equipment financing in india.
Our medical equipment loan service is available for independent doctors and all types of medical facilities such as hospitals nursing homes dental clinics laboratories etc.
It caters to professional doctors both general and specialists diagnostic centres specialty clinics nursing homes and small to medium hospitals involved in diagnostic health care with.
What makes a medical equipment loan special is that they are customised for unique needs of doctors who need funding for medical equipment.
The eligibility criteria for companies and individuals seeking a medical equipment loans is.
Balance transfer of existing term loans or working capital.
Our business banking team at yes bank understands the seriousness and dedication of the healthcare industry.
With a loan for doctors equipment costs can be easy to meet as they offer loan amounts up to rs 25 lakh at an attractive interest rate and quick loan approvals and disbursals.
These loans are designed specifically for dentists and the amount you can borrow is lesser than the loan for doctors.
Purchase standard medical equipment including ct scanners colour dopplers sonography machines mri machines and x ray machines.
Eligibility criteria for medical equipment loans.
Purchase or set up new premises such as clinics diagnostic centres and hospitals.
Medical equipment finance a part of healthcare finance is incorporated with the objective of leveraging the growing healthcare market in india.
Equipment is costly and a lot of doctors are increasingly opting for medical equipment loans as they are easy to avail.
In addition you must fall into any of the following categories.
We provide flexible convenient loans for doctors hospitals diagnostic centres nursing homes trusts societies and limited companies.
Registered in india as a public limited private limited company partnership firm etc with a minimum business vintage of 1 year.
As the equipment and facilities can be expensive to purchase during the initial stages of healthcare establishments most doctors and medical para medical organisations tend to look for loans.
The global medical equipment financing market size was valued at usd 102 30 billion in 2019 and is projected to reach usd 210 46 billion by 2027 exhibiting a cagr of 9 5 during the forecast period.
As the name suggests medical equipment financing is a loan that exists to cater to the needs of doctors and consultants working with private practices who seek to buy medical equipment.
Individuals need to have a minimum qualification of mbbs or bds.
